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Technology Stocks : ADSOD-Adaptive solutions

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To: Ray who wrote (469)6/22/1998 9:04:00 AM
From: Ray  Read Replies (2) of 477
 
BEAVERTON, Ore. and ROCHESTER, N.Y.--(BUSINESS WIRE)--June 16, 1998--Kodak Business Imaging Systems and
Adaptive Solutions Inc. today jointly announced the shipping of next-generation data entry products utilizing the Kodak
Digital Science(TM) Scanner 3500 and Adaptive's EntryLink(TM) family of Computer Assisted Data Entry products.

The new EntryLink product line extends the value of Kodak's new mid-volume scanner by making it a highly automated data
entry peripheral for converting paper forms to useful online data. Building upon Adaptive's acquisition of Kodak's
Imagelink(TM) OCR (Optical Character Recognition) business last October, EntryLink incorporates significant recognition
technology originally developed by Kodak and now commercialized by Adaptive.

Moreover, EntryLink includes key data entry capabilities gained in Adaptive's recent acquisition of Mimetics, a European
recognition software company, as well as completion and job flow functionality from FormWare, and next-generation data
validation software developed by Adaptive over the last year.

"Teaming up the Scanner 3500 with Adaptive's EntryLink Enterprise system is great news for departments needing to
implement computer assisted data entry," said industry analyst David Wood of Wood Associates. "Finally, there's an
affordable solution that maximizes throughput and reliability without sacrificing ease of use. Customers using this system are
going to be pleasantly surprised at how quickly their ROI becomes evident."

Unified and comprehensive customer support for both the Scanner 3500 and EntryLink products will utilize Kodak for
quick-response on-site service, and Adaptive for telephone and remote support.

"When we acquired the Kodak OCR business last fall, we promised to deliver significant advances in Computer Assisted Data
Entry in packaged, easy-to-operate product solutions," said Daniel J. Meub, President and CEO of Adaptive Solutions.
"EntryLink Enterprise is a perfect complement to Kodak's Scanner 3500, in that both products will now provide
next-generation ease of use and reliability never before demonstrated in the traditional forms processing industry. Most
importantly, both products are the result of extensive research with Kodak's customer base and deliver price performance that
is well matched for the needs of departmental and mid-volume production users."

"The Kodak Digital Science Scanner 3500 was designed, among other things, for decentralized environments with
forms-processing applications," said Anthony J. Barbeau, Worldwide Marketing Manager for Mid-Volume Scanners with
Kodak Business Imaging Systems. "Adaptive's EntryLink Enterprise product successfully extends the Scanner 3500 into this
environment to provide users with a highly efficient, easy-to-use solution to their mission-critical forms processing
challenges. Together, the Scanner 3500 and EntryLink Enterprise represent an unbeatable combination for these applications."

Kodak Digital Science Scanner 3500

The Kodak Digital Science Scanner 3500 combines one-button operation, continuous document feeding, reliable high-quality
image capture and a contemporary ergonomic design. Kodak's newest scanner accepts virtually any paper stock without
jamming, and makes scanning as easy as other automated office document tasks. Its advanced on-board processing maintains
image quality automatically.

The Scanner 3500, entirely designed and developed by Kodak, emphasizes ease of use and overcomes the standard
impediments to interruption-free scanning. A groundbreaking, robust document feeder essentially eliminates batching by
accepting a broad range of mixed, unseparated paper stock, from vellum to cardboard. Pages can even be added to a stack
during feeding. A C-shaped paper path only 30cm long improves image capture and minimizes jams. Jams that do occur can
be easily cleared by an untrained user.

The uncomplicated, robust design of the Scanner 3500 enables it to process as many as 10,000 letter-size pages a day to
perform under the most demanding requirements. For front-office applications where speed and image quality are paramount,
the Scanner 3500 can scan 75 pages a minute (landscape) at high resolution. Its speed and flexibility make it an ideal scanner
for computer assisted data entry applications.

EntryLink Enterprise

The EntryLink Enterprise line includes a range of complete, turnkey data entry products pre-configured to a customer's
particular form and scaleable from 5,000 to more than 30,000 forms per day. EntryLink products are designed to work not
only with Kodak's Scanner 3500 and its high-volume scanner models, but with the current Kodak microimager line including
the Kodak Imagelink Microimager 70 and Kodak Digital Science Scanner/Microimager 990. Delivered as an integrated,
performance-matched hardware/software solution, EntryLink Enterprise provides accurate data capture at the full rated speed
of Kodak scanners and microimagers, and provides planned migration options for newer recognition technologies and
integration of electronic forms.

EntryLink Delivery and Support

Adaptive Solutions is one of a select group of companies worldwide that Kodak has named as strategic accounts for its
Business Imaging Systems division. "We chose Adaptive Solutions as a strategic account because of their commitment to
customer service, plus the forward-looking development skills to take forms data processing to the next level," said Al Hahne,
Director of Strategic Accounts for Kodak Business Imaging Systems. "Adaptive's introduction of the EntryLink product
family provides a great fit for our customers by adding unique turnkey data entry value to both Kodak micrographics, digital
capture and storage products, and building upon the Kodak legacy of quality, reliability and innovation."

As with every member of the Adaptive Solutions product family, EntryLink data entry peripherals will include comprehensive
on-site maintenance and repair plans to maximize production up-time.

"We believe that the combination of Kodak's next-generation Scanner 3500 with our EntryLink Enterprise system is
unbeatable in its ability to provide efficient, robust and affordable computer assisted data entry to our customers," said Greg
Holman, VP of Sales for Adaptive Solutions. "Add to that our aggressive on-site service plans, our commitment to
well-developed customer relationships and our forward-looking product offerings, and it's clear that we're offering an
incredible value for anyone looking to add next-generation data entry technologies to their department."

Adaptive Solutions (NASDAQ:ADSO) was founded in 1988 and pioneered data parallel processing for advanced pattern
recognition image processing and OCR/ICR applications. The company currently designs and markets advanced solutions for
Computer Assisted Data Entry to corporate-wide data management systems. More information about Adaptive Solutions and
its products is available on the company's Web site at www.asi.com.

Kodak, through its Business Imaging Systems division, offers world-class components and media for a variety of imaging
and document management applications that require micrographics, digital or hybrid solutions. For information, call Kodak
Business Imaging Systems at 1-800-243-8811 (U.S. and Canada), contact a Kodak-authorized representative near you, or
visit the Kodak BIS World Wide Web site at kodak.com.

EntryLink is a trademark of Adaptive Solutions Inc. Kodak, Digital Science and Imagelink are trademarks of Eastman Kodak
Company. FormWare is a trademark of FormWare Corporation. Windows is a trademark of Microsoft Corporation.

CONTACT: Adaptive Solutions Inc.
Daniel Meub, 503-690-1236
meub@asi.com
or
Kodak Business Imaging Systems
Bruce Hyland, 716-724-3381
bwh@kodak.com

Quote for referenced ticker symbols: ADSO
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