ABBYY Demonstrates Commitment to Japanese Market by Achieving KK Company Designation - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

ABBYY Demonstrates Commitment to Japanese Market by Achieving KK Company Designation

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SOURCE ABBYY

New ABBYY Japan Co. Ltd. Eyes Growth in Core and New Market Segments in Japan

MILPITAS, Calif., July 1, 2014 /PRNewswire/ -- ABBYY®, a leading provider of document recognition, data capture and linguistic technologies and professional services, today announced that it has achieved the designation of Kabushiki Kaisha (KK) corporation in Japan. With the recognition as a KK in Japan, ABBYY has been certified as a stock company in the Japanese market and will begin operating under the name ABBYY Japan Co. Ltd. in the country.

"Japan has been a key market for us since our in country office opened," said Dean Tang, CEO of ABBYY USA. "Achieving KK status in Japan puts us in position to further grow within the country by building healthy, long-lasting relationships with OEM vendors and resellers alike."

ABBYY first opened its Japan office in 2006 and has worked closely with Original Equipment Manufacturers (OEMs), Independent Software Vendors (ISVs), resellers and end-user organizations since then to help them gain greater value from information with innovative document recognition and data capture technologies. With its designation as a KK company, ABBYY Japan Co. Ltd. will look to expand within the region to address new uses cases in mobile and cloud computing, build out its translation services and introduce new products leveraging new linguistically-based intelligence solutions. In addition, ABBYY Japan Co. Ltd. will also create a more focused local customer support program, enabling Japanese companies to better benefit from their optical character recognition (OCR), text transformation and data capture initiatives.

For more information about ABBYY's products and technologies, please visit our website http://www.abbyy.com/.

About ABBYY
ABBYY is a leading provider of document recognition, data capture and linguistic technologies and services. Its key 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. ABBYY Language Services provides comprehensive linguistic solutions to corporate customers. Paper-intensive organizations from all over the world use ABBYY solutions 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, Montgomery County Government of the USA, and Government of Canada. Companies that license ABBYY technologies include BancTec, Canon, EMC/Captiva, Hewlett-Packard, KnowledgeLake, Microsoft, NewSoft, Notable Solutions, Samsung Electronics and more. ABBYY OCR applications are shipped with equipment from the world's top manufacturers such as Epson, Fujitsu, Fuji Xerox, Microtek, Panasonic, PFU, Plustek, Ricoh, Toshiba, and Xerox. ABBYY is headquartered in Moscow, Russia, with offices in Germany, the UK, the United States, Canada, Ukraine, Cyprus, Australia, Japan and Taiwan. For more information, visit www.abbyy.com.

ABBYY, the ABBYY Logo, Recognition Server, FineReader, ABBYY FineReader, FlexiCapture, and Lingvo are either registered trademarks or trademarks of ABBYY Software Ltd. Other product and company names mentioned herein may be trademarks and/or registered trademarks of their respective owners and are hereby recognized.

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