ABBYY PARTNERSHIP WITH LEADING SOFTWARE RESELLER IN TAIWAN

MEDIA RELEASE PR32207

ABBYY Announces Channel Partnership With Leading Software Reseller in Taiwan

FREMONT, Oct. 15 /PRNewswire-AsiaNet/ --

Formosoft to Leverage the Accuracy and Efficiency of Award-Winning ABBYY Data

Capture and Document Recognition Technologies to Add Value to its Offering

ABBYY, a leading provider of recognition, data capture and linguistic technologies, today announced that it has partnered with Formosoft, one of the largest resellers in Taiwan whose major offerings include network security, document and image recognition, and 3D virtual reality solutions. Formosoft is the first channel partner for the recently established ABBYY USA Software House, Inc. Taiwan Branch, and together they will work to develop value-added solutions with ABBYY FineReader Engine Software Development Kit (SDK) and ABBYY FlexiCapture for the burgeoning Taiwan technology market.

"We focus on anticipating and solving client problems, and integrate only those products that we believe will provide world class performance," said Aaron Su, director of research and development at Formosoft.

"Both ABBYY FineReader Engine SDK and FlexiCapture have global reputations for delivering the highest levels of accuracy and efficiency. These products have proven they can provide the reliable results our partners and customers demand."

The ABBYY FineReader Engine SDK delivers a powerful, flexible tool to integrate OCR, barcode recognition, PDF conversion and data capture functions into other applications. The SDK provides a wide range of document recognition functions to integrate into a variety of applications including word processors, scanning, archiving, search, and document and information management. ABBYY FlexiCapture extracts data from structured forms, semi-structured forms, unstructured documents and any combination of several document types, and efficiently provides accurate data for input into databases and a variety of business systems and processes.

"Formosoft is one of Taiwan's premier software companies, with a large and influential customer base," said Donald Yang, business development manager at ABBYY USA Software House, Inc. Taiwan Branch.

"Our goal is to work with local industry leaders to support the flourishing technology market in Taiwan, and together with Formosoft, we will greatly extend our reach in the region."

The ABBYY USA Software House, Inc. Taiwan Branch officially began operation on August 8, 2008. For more information, please visit http://www.abbyyusa.com/.

About ABBYY

ABBYY is a leading provider of document recognition, data capture and linguistic software. Its products include the ABBYY FineReader line of optical character recognition (OCR) applications, ABBYY FlexiCapture line of data capture solutions, ABBYY Lingvo dictionary software, and development tools. Paper-intensive organizations from all over the world use ABBYY software to automate time- and labor-consuming tasks and to streamline business processes. ABBYY products are used in large-scale government projects such as those of Australian Taxation Office, Lithuanian Tax Inspectorate, Ministry of Education of Russia, Ministry of Education of Ukraine, and Montgomery County Government of the USA. Companies that license ABBYY technologies include BancTec, Canon, EMC/Captiva, Hewlett-Packard, Microsoft, NewSoft, Notable Solutions, Samsung Electronics and more. ABBYY OCR applications are shipped with equipment from the world's top manufacturers such as BenQ, Epson, Fujitsu, Fuji Xerox, Microtek, Panasonic, Plustek, Toshiba, and Xerox. ABBYY is headquartered in Moscow, Russia, with offices in Germany, the United States, Ukraine, the UK and Japan. For more information, visit http://www.ABBYY.com.

ABBYY, the ABBYY Logo, FineReader, Lingvo and FlexiCapture are either registered trademarks or trademarks of ABBYY Software Ltd. Other product names mentioned herein may be trademarks and/or registered trademarks of their respective owners and are hereby recognized.

SOURCE: ABBYY

CONTACT: Claire Barton of Nadel Phelan, Inc, +1-831-440-2406, claire@nadelphelan.com, for ABBYY

Web site: http://www.ABBYY.com