As far as you can tell.. You should not be a betting man..
In 1974, Kurzweil started the company Kurzweil Computer Products, Inc. and led development of the first omni-font optical character recognition system—a computer program capable of recognizing text written in any normal font. Before that time, scanners had only been able to read text written in a few fonts. He decided that the best application of this technology would be to create a reading machine, which would allow blind people to understand written text by having a computer read it to them aloud. However, this device required the invention of two enabling technologies—the CCD flatbed scanner and the text-to-speech synthesizer. Under his direction, development of these technologies was completed,[citation needed] and on January 13, 1976, the finished product was unveiled during a news conference headed by him and the leaders of the National Federation of the Blind. Called the Kurzweil Reading Machine, the device covered an entire tabletop. It gained him mainstream recognition: on the day of the machine's unveiling, Walter Cronkite used the machine to give his signature soundoff, "And that's the way it is, January 13, 1976." While listening to The Today Show, musician Stevie Wonder heard a demonstration of the device and purchased the first production version of the Kurzweil Reading Machine, beginning a lifelong friendship between himself and Kurzweil.
According to former Kurzweil Computer Products employees, the Kurzweil Reading Machine's designer was engineer Richard Brown, a KCP employee at the time[citation needed].
Kurzweil's next major business venture began in 1978, when Kurzweil Computer Products began selling a commercial version of the optical character recognition computer program. LexisNexis was one of the first customers, and bought the program to upload paper legal and news documents onto its nascent online databases.
Two years later, Kurzweil sold his company to Xerox, which had an interest in further commercializing paper-to-computer text conversion. Kurzweil Computer Products became a subsidiary of Xerox formerly known as Scansoft and now as Nuance Communications, and he functioned as a consultant for the former until 1995. |