ScanSoft Licenses PaperPort and OmniForm to HP as Part of Integrated Bundle for HP's New Line of Business Scanners in North America and Europe
Combined Solution Onramps Paper Seamlessly into Email, Simplifies the Management of Documents and Photographs, and Instantly Converts Paper into Fill-able Electronic Forms
PEABODY, Mass., June 16, 2003 - ScanSoft, Inc. (Nasdaq: SSFT), a leading supplier of imaging, speech and language solutions, today announced that ScanSoft® PaperPort® and OmniForm® have been licensed to HP for an integrated bundle with the new line of HP Scanjet 8200 series of flatbed scanners. The agreement includes localized versions of ScanSoft's products in North America and Europe.
ScanSoft PaperPort is the world's best-selling paper and document management application for the PC, and ScanSoft OmniForm is the world's best-selling paper-to-electronic forms solution. Both products give users the timesaving benefits and sophisticated imaging capabilities used by thousands of leading corporate, academic and government organizations, including Merrill-Lynch, Palm Beach County School District and the Internal Revenue Service.
Designed for users in government, corporate departments and in small- and medium-sized businesses, the HP Scanjet 8200 series delivers the highest image quality in its class with support for 4800 dpi and 48-bit-color scanning and includes models that feature an automatic document feeder that scans at up to 25 pages per minute for production jobs.
"HP has a well-earned reputation for delivering powerful solutions that are affordable, easy to use, and of the highest quality," said Wayne Crandall, senior vice president of sales and business development for ScanSoft. "We are proud to be selected by HP as their software partner for this solution, and that our products have achieved their high standards."
ScanSoft PaperPort is the world's most popular document management application for the PC. Used by millions, PaperPort works seamlessly with the HP Scanjet family to instantly turn piles of paper into organized digital documents. Its unique visual thumbnail-based document desktop makes it easy to find, stack and email scanned documents and photographs in addition to all electronic documents that reside on a PC or network server. PaperPort includes an all-in-one search capability, which allows users to use any word(s) to search both their scanned paper and digital documents such as Word, Excel, Web Pages, etc. PaperPort replaces copying with automatic scan-to-desktop capabilities; streamlines business processes with document annotation and assembly features; and enables paperless document flows by connecting the PC desktop with existing backend enterprise systems such as MS SharePoint, Oracle and Documentum.
ScanSoft's OmniForm 5.0 is the market-leading solution for instantly converting paper forms into automated fill-able electronic forms at the touch of a button. Corporate, government and academic organizations rely on OmniForm to automate a wide range of internal and Web-based forms processes, from expense reports and timecards to surveys and order forms. OmniForm Premium 5.0 saves money and increases worker productivity by eliminating the time spent on re-creating forms and allowing organizations to distribute, fill, collect and process forms completely electronically.
"Through this relationship with ScanSoft, HP is able to deliver business customers with a combination of professional-grade imaging solutions that are ideal for individual users as well as users in sharing environments," said Linda O'Brien, future product manager, HP Imaging and Printing Group. "ScanSoft's high-quality products complement the HP Scanjet 8200 series, providing customers with sophisticated imaging capabilities that anyone can use, which is important in bringing ease-of-use to forms processing and general document management."
About ScanSoft, Inc.
ScanSoft, Inc. (Nasdaq: SSFT) is a 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, OmniForm and PaperPort are trademarks or registered trademarks of ScanSoft, Inc. in the United States and other countries. All other company or product names may be the trademarks of their respective owners.
The statements in this press release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties, including risks associated with market trends, competitive factors, and other risks identified in ScanSoft's SEC filings. Actual results, events 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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