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Parascript Announces Key Partnerships for its Document Capture Technology in IT, Document and Content Management Industries

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— Parascript experiences boost in partner program as companies seek to
better leverage critical information, including data, signatures and
handwriting, not already being captured from forms —

June 10, 2014, LONGMONT, Colo. – Parascript ®, LLC, a leading document
capture company, is announcing three new partners for its handwriting
and signature recognition technology in the IT, document, and content
management fields. The alliances coincide with increased interest in
Parascript’s technology, as more and more organizations seek advanced
data capture and handwriting recognition solutions.
Parascript’s new partners include:

•    Docassist, a leading cloud-based document management and workflow
automation company, providing document management and process automation
tools to help organizations enhance operating performance and improve
transactional efficiency. Docassist operates as a secure, multi-tenant
document management platform that helps organizations automate
paper-intensive, manual processes such as accounts payable, sales
orders, and the preparation of quotations for goods and services. “We
are currently using Parascript to speed accounts payable automation, and
are excited about leveraging the software in other ways to capture
information,” Stan Santiago, Chief Technology Officer for Docassist.

•    Doc I Group, a leading systems integrator and software developer in
the content management industry. Doc I Group supports Fortune 500
customers worldwide, working with best-of-breed software products to
provide complete, enterprise solutions for automating the capture and
processing of information throughout the entire organization. The
company specializes in multi-channel capture, business process
automation, case management, analytics and integration to LOB
applications.

•    Tallega Software, which specializes in helping mortgage, trust,
government, higher education and medical companies automate virtually
any business process with document scanning, document management, and
workflow solutions that deliver measurable productivity and efficiency
improvements.  “Tallega prides itself on providing world-leading
technology solutions for our customers.  Parascript offers handwriting
recognition that is far more advanced than others we’ve tested.  That,
combined with a channel-friendly model and an aggressive demand
generation campaign, made our decision easy,” said Derek Gerber, Senior
Account Executive, Tallega.

The new alliances are expected to further fuel Parascript’s partner
program, which includes leading software vendors and solution providers
who provide best-of-breed technologies to Fortune 500 companies, major
government and financial institutions around the globe. Parascript –
drawing on a long history of handprint and cursive recognition
technology – has also significantly ramped up product development,
providing partners with more opportunities to leverage its technology.

“At Parascript we are experiencing increased momentum for our partner
program,” said Dwayne Ritchie, Parascript’s senior vice president of
sales and marketing. “We see this as a result of advanced document
capture and handwritten recognition technology becoming even more
critical as organizations seek to better leverage ‘dark data’ and other
information, such as signatures and handwriting, not being captured from
forms, applications, receipts and documents throughout organizations, as
uncovered in a recent study with AIIM.”

Meanwhile, partnering with Parascript will help companies like Document
Imaging Group (Doc I Group) streamline the signature authentication
process for the banking and medical industries.

  “We are excited to begin our partnership with Parascript to integrate
their signature verification software in our existing solutions and
services,” said Jonathan Roth, president of Doc I Group. “With automated
verification we can be sure our solutions are more secure, and even more
accurate.”

To learn more about Parascript’s Partner Program, please visit
http://www.parascript.com/partner/.

About Parascript, LLC
A leading document capture company, Parascript develops solutions that
read information from forms and documents.  The company’s advanced
recognition technology processes virtually any document format and text
type (handprint, machine print, cursive, marks and more), providing
fast, reliable access to information and transactions. Fortune 500
companies, postal operators (including the U.S. Postal Service), major
government and financial institutions rely on Parascript software, which
is distributed through its OEM and value added reseller networks,
including partners such as IBM, EMC, Bell and Howell, Fiserv, Selex
Elsag, Lockheed Martin, NCR, Siemens, and Burroughs. www.parascript.com

 

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