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ABBYY Announces that Partner Cashbook Limited has been Certified on FlexiCapture 9.0

Cashbook Limited Further Distinguishes its Portfolio with Data Capture Product Certification Status

Bracknell, UK (22 July, 2010) - ABBYY UK Ltd., a member of the ABBYY Group and a leading provider of document recognition, data capture and linguistic software, today announced that Cashbook Limited of Limerick, Ireland, is now an ABBYY FlexiCapture 9.0 Certified Partner. Cashbook has demonstrated expertise with ABBYY technology and an ability to work with customers to meet their data capture needs. Cashbook joins a network of highly skilled resellers and integrators who can provide data capture solutions based on ABBYY technology as part of the ABBYY Europe Solution Partner programme.

ABBYY FlexiCapture is an intelligent solution for capturing data from forms and other types of documents for input into databases and other back end systems. With its powerful algorithm for intelligent document classification and selective processing approach, ABBYY FlexiCapture is capable of finding and extracting key fields of information, even if the location of the field varies from page to page. As a result, FlexiCapture can be used as a single entry point for all kinds of paper documents including: Forms (questionnaires, tests, insurance forms, tax returns, etc.), semi-structured documents (invoices, purchase orders, waybills, etc.) and unstructured documents (letters, contracts, articles, etc.).

"We believe ABBYY is the best global partner for Cashbook in the OCR, Data and Document Capture space," states Greg Coulter, Cashbook Limited Chief Executive. "We see tremendous value for our customer base and a huge market opportunity beckoning in the areas of financial transaction automation".

ABBYY FlexiCapture Certified Partners receive a valuable set of benefits including access to training and technical assistance, as well as support for marketing activities, all of which provides a true competitive advantage. ABBYY's Document and Data Capture software products such as FlexiCapture enable organisations to efficiently automate business processes, dramatically minimise manual operations associated with document processing and data capture and increase overall productivity. Easy-to-deploy, cost-effective yet powerful solutions from ABBYY are designed to meet document processing needs in a variety of industries including government, banking, insurance, education, healthcare, accounting, legal and many more.

"The Cashbook team are true professionals whose skill levels will help us bring our Data Capture technologies to new customers in the UK market," explained Dave Evans, regional sales director for the UK and Ireland. "Organisations have serious demands relating to data capture from paper and streamlining their business processes. Our partnerships are essential because businesses are constantly searching for advanced technology solutions and companies who are able to successfully implement those solutions. We are very pleased to say that Cashbook fits this mould and we have the utmost confidence they will successfully represent and deploy ABBYY FlexiCapture 9.0 in the marketplace."

About Cashbook Limited
Cashbook Limited, with headquarters in Limerick, Ireland, has been providing best of breed financial solutions with its Cashbook software platform since 1992. Our products span the globe, servicing clients across Europe, the Americas and Asia/Pacific. We focus on delivering immediate Return on Investment to our customer base in the area of cash application, bank reconciliation, and electronic payments. Our areas of expertise are Automated Cash Allocation, Bank Lockbox Automation, MT940 automation, Electronic Payments and Direct Debits, E-mail Remittance Advices, Bank Reconciliation, Cash Cash Forecasting, Inter-Company Processing and Custom Cash Management Solutions. Our Cashbook suite of Cash Management solutions comes with a choice of over 165 worldwide bank interfaces for electronic file transmission and bank statement uploads. Our customers include Abbott Laboratories, Altana Pharma, Atlas Copco, Autobar Group, Aventis-Sanofi, Boehringer, Cardinal Health, Da-Lite Screens, Impress, Infor, Bridgestone-Firestone, Ciba Specialty Chemicals, Elopak, Huntsman, Lucas TRW, Makita Tools, Pernod Ricard, Rieter, Solectron, Sumitomo Electric Wiring Systems, UGN and Yamaha.

About ABBYY UK Ltd.
ABBYY UK Ltd. is a member of the ABBYY Group supporting sales and marketing activities in Western Europe. 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 labour-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, Japan and Taiwan. For more information, please contact:

Web: www.ABBYY.com/
Email: [email protected]
Press: [email protected]
Phone: +49 (0)89 511159-17

Press Contact Info:
Alenka Gobec AxiCom for ABBYY UK
Email: [email protected]
Phone: +44 (0)20 8392 4058

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