OmniPage Pro 12 Outpaces Previous ScanSoft Product Releases, Surpasses Sales Milestones in Record Time
New Capabilities in ScanSoft's Flagship Digital Capture Product
Bring Higher Upgrade Rate and Increased Volume License Agreements
PEABODY, Mass., November 5, 2002 - ScanSoft, Inc. (Nasdaq: SSFT), a leading supplier of imaging, speech and language solutions, today announced that the newest release of the world's most popular optical character recognition (OCR) and PDF conversion application, OmniPageŽ Pro 12 Office, has become the most successful product introduction in the company's history. Since the worldwide launch on August 26, OmniPage Pro 12 sales have surpassed the record pace that was set by OmniPage Pro 11 last year, further strengthening ScanSoft's position as the industry's foremost provider of OCR solutions.
The success of the OmniPage Pro 12 release has come as a result of the most comprehensive set of launch and channel support activities in the history of the company. Beginning in the second quarter, ScanSoft introduced the product to more than 100 press and analysts worldwide, trained more than 5,000 sales professionals within its global channels, and coordinated product placements and promotions in thousands of resellers, publications and catalogs. At introduction, ScanSoft initiated a global direct marketing campaign that reached approximately five million ScanSoft customers and prospects, through email and postal mail programs.
"We are excited about the solid performance of OmniPage Pro 12, especially within enterprise organizations," said Wayne Crandall, senior vice president of sales and business development at ScanSoft. "The continued response to the new version and demand for our solutions has surpassed expectations on many levels. As we further penetrate our target markets and roll out additional international versions, we look forward to sustaining the momentum of the launch."
The new XML, PDF conversion capabilities and network scanning features in OmniPage Pro 12 Office, geared toward expanding the value of the product for government and enterprise organizations, have resulted in increased volume license agreements for the company. Further, in the short time since the release, OmniPage Pro 12 Office has received widespread critical acclaim from resellers, industry analysts and press, garnering prestigious awards from publications in the U.S. and Europe, including PC Magazine, C|Net, ZDNet, PC Pro and Windows News.
OmniPage Pro 12 Office is a powerful productivity application that delivers highly accurate document and PDF conversion, replacing the need to manually re-create paper and image-based documents with an automated, electronic process. The software helps businesses save time and money by instantly turning paper and PDF files - letters, contracts, spreadsheets, magazine articles, manuals and more - into editable word processing and spreadsheet documents.
With advanced features such as scan- and PDF-to-XML capabilities, as well as support for the open eBook standard and batch processing, OmniPage Pro 12 Office offers a new level of functionality and ease of use for enterprise and workgroup environments. Other time-saving advances include precise document layout retention and unmatched document editing, making it easier than ever to re-create electronic documents - even those with formatted text, columns, graphics, tables and spreadsheets.
Availability
ScanSoft OmniPage Pro 12 Office is available now through ScanSoft's direct sales organization and its global network of authorized resellers. For additional information on features, pricing and volume licensing programs, please visit www.scansoft.com or call 800.443.7077.
About ScanSoft, Inc.
ScanSoft, Inc. (Nasdaq: SSFT) is the leading supplier of imaging, speech and language solutions that are used to automate a wide range of manual processes - saving time, increasing worker productivity and improving customer service. For more information regarding ScanSoft products and technologies, please visit www.scansoft.com.
ScanSoft, OmniPage and OmniPage Pro are registered trademarks or trademarks of ScanSoft, Inc. in the United States and other countries. All other company or product names mentioned herein may be the trademarks of their respective owners.
The statements in this press release that relate to future plans, events or performances are forward-looking statements that involve risks and uncertainties, including risks associated with market trends, competitive factors, and other risks identified in the company's SEC filings. Actual results, event and performance may differ materially. Readers are cautioned not to put undue reliance on these forward-looking statements that speak only as of the date hereof.
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