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Technology Stocks : CAER. what's up.

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To: Mad Bulgarian who wrote (44)5/12/1998 4:37:00 PM
From: Hugbo  Read Replies (1) of 79
 
Hello Tony,

Are you still following CAER?
The company wants to participate in the large-scale systems or so it seems.. Any comments on this announcement?

regards

Hugbo

Monday May 11, 7:59 am Eastern Time

Company Press Release

Caere Corporation Unveils "Team OCR" Support Program for Imaging
Industry OEMs, Developers and System Integrators

ANAHEIM, Calif.--(BUSINESS WIRE)--May 11, 1998

Put More "Rev In Your Dev" With Caere's Developer Kits for OCR
Integration

Caere Corporation's (NASDAQ:CAER - news) Imaging Products Group has unveiled Team OCR, an outreach program
designed to identify and enhance its relationship with integrators, software developers and OEMs. Team OCR will serve as a
forum for these industry visionaries to voice their feedback about their current and future OCR needs, effectively influencing the
development of the next generation of recognition technologies. Through this forum, Caere aims to strengthen its bond with the
developer community, building on the foundation that more developers use the M/Series toolkits for OCR integration than
practically all other competitive products combined.

''This is an active outreach program to the imaging industry which will help Caere improve the technology it provides to
systems integrators, software developers and OEMs,'' said Scott Dean, worldwide sales manager for Production OCR and
TEAM OCR manager, Caere Corporation. ''TEAM OCR is our way of developing a broad based partnership with our
current and prospective customers in order to continue to provide unparalleled tools and documentation to help them respond
to the needs of their customers and OCR users.''

Team members, who can register for free by visiting caere.com, will receive priority releases of Caere
Developer Kit upgrades, discount pricing on Caere's next generation toolkit, free technical support, a free developer's copy of
the new M/Text engine release and a distribution copy of the engine of their choice. Only registered members will automatically
receive the above benefits as well as the official and totally cool TEAM OCR T-shirt and a CD-ROM upgrade to Caere's
developer kit 6.2 which is expected to be released in early summer. Prospective members can also register in person at the
Caere booth No. 1875 at the Association for Information and Imaging Management's (AIIM) annual conference being held
May 12-14, 1998 at The Anaheim Convention Center, Anaheim, Calif. Whether they register on the web or at AIIM, one
member will win a high-tech VooDoo Canzo ESP mountain bike in a random drawing of the team roster on May 30, 1998.

''This program will help Caere's industry partners more easily incorporate high-performance OCR into information
management solutions,'' said Charlie Montague, a product manager for Caere's Imaging Products Group. ''Document
management users around the globe will increasingly find Caere technology in ever more innovative products and services, a
fact that speaks highly of Caere's advanced technical reliability and design flexibility.''

Production OCR Toolkit Solutions from Caere

The Professional Developer's Kit and the Visual Developer's Kit are products designed for system integrators, developers,
value-added-resellers and end users seeking the industry's highest OCR speed and accuracy performance on multiple
platforms. The flexible design architecture enables systems integrators such as Cornerstone Imaging; Kofax Imaging Products;
Microsystems Technology, Inc.; Pixel Translations; Trion Technologies and Zylab to rapidly develop advanced full text, forms
processing and high-speed document capture-applications requiring accurate, high-performance OCR.

These toolkits, featuring the M/Text OCR Engine, offer performance improvements over previous engines. Also featured in the
new M/Text engine are recognition attributes including character and word coordinates, alternate character choices and
automatic pitch detection. The Professional Developer's Kit 6.1 and the Visual Developer's Kit 6.1 support native 32-bit
development on Windows 95 and Windows NT platforms. These toolkits allows Microsoft Visual C/C++ and Microsoft
Visual Basic programmers to integrate Caere's award-winning OCR technology into PC applications using Caere's Developer's
Kits.

Caere's Imaging Products Group

In addition to the M/Series high-speed, high-volume OCR hardware and software for commercial document management,
Caere's Imaging Products Group develops and markets a broad array of automated data entry products including OCR and
bar code readers designed to accelerate transaction processing.

About Caere

Caere Corporation, with US headquarters in Los Gatos, Calif., and European headquarters, Caere GmbH., in Munich,
Germany, is the worldwide leader in OCR, page recognition, electronic forms conversion and document management software
technology. Caere's products bridge the gap between the paper and digital worlds by improving the way people use
documents. Through Caere technology, static paper information can be easily transformed into dynamic, electronic formats for
use on the desktop, in work groups and on the Internet. Caere's products include the OmniPage(R) and WordScan(R) lines of
OCR software that convert printed and faxed documents into electronic text; the PageKeeper(R) line of Windows-based
document management software that effortlessly retrieves a wide range of information from virtually any source; high volume
OCR hardware and software for commercial applications; OmniForm(R) forms conversion software, and a broad array of
OCR and bar code products.

Trademark References: Caere, Language Analyst, Logical Form Recognition, OmniPage, OmniForm, Wordscan and
PageKeeper, are trademarks of Caere Corporation. Other products named may be trademarks of their respective
manufacturers and are hereby recognized.

Note to Editors: Editorial contact is for editorial purposes only, not for publication.

Contact:

Caere Corporation
Scott Dean, 408/395-5148 x2110
scott.dean@caere.com
or
McGrath/Power Public Relations
Nigel Ravenhill, 408/727-0351
nigel_ravenhill@mcgrathpowerpr.com
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