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Daewoo Teletech Integrates I.R.I.S. OCR Software into New Multifunctional Peripheral MB 303

(PRWEB) August 1, 2003

Delray Beach, FL (PRWEB) July 31, 2003 – I.R.I.S. Group (Euronext: IRI), market leader in Automatic Document Recognition (ADR), Electronic Document Management (EDM), Archiving and Storage and Optical Character Recognition (OCR) announces today that Daewoo Teletech Co., the worldwide expert developer and manufacturer for multifunction telecom devices, has integrated I.R.I.S. OCR software, Readiris Pro, into its new MB303 multifunctional peripheral (MFP).

The core business of Daewoo Teletech is concentrated in two critical areas: printing devices including digital MFP (multifunctional peripheral) and facsimile products and Internet devices including the Internet screen phone and Internet multifunctional phone products.

Daewoo Teletech has just launched the new multifunctional peripheral MB 303. This new device integrates Readiris Pro, I.R.I.S.’ multilingual OCR software, a powerful solution to convert paper documents into editable files.

Daewoo Teletech will market worldwide its MB 303 MFP reinforcing I.R.I.S. leading position on the OCR market. Daewoo MFP will integrate the Asian version of Readiris Pro for the Asian market which is able to recognize 4 Asian languages in addition to the 56 languages included in the standard version of Readiris Pro.

“This new collaboration allows I.R.I.S. to increase its worldwide visibility as a leading provider of OCR solutions,” commented Bertrand Fontaine, Director of OEM Sales of I.R.I.S. “I.R.I.S.’ high-level OCR technology combined with the high quality of our Asian OCR make I.R.I.S a major player on the worldwide. Thanks to Readiris Pro, Daewoo Teletech will meet the dematerialization needs of its consumers offering them a fast, accurate and powerful productivity solution.”

About I.R.I.S.

Image Recognition Integrated Systems (I.R.I.S.), a Belgian company founded in 1987 and listed on Euronext Brussels (IRI), is a leader on the Optical Character Recognition (OCR) market, the Automatic Document Reading (ADR) and the Electronic Document Management markets. I.R.I.S. also develops market leading pen and business card scanners.

For more information, visit the I.R.I.S. website at http://www.irislink.com.

Contacts:

Marina Elbert or Michael Becce    

MRB Public Relations, Inc.

melbert@mrb-pr.com or mbecce@mrb-pr.com    

Phone: 732-758-1100

Jean-Marc Fontaine

I.R.I.S., Inc.    

Phone: 800-447-4744 Ext 5

J-M.Fontaine@irislink.com

Journalists can register on the I.R.I.S. Extranet web site by clicking on the link http://www.irislink.com/partners/press/index.html. They will receive a personal login and password to access the Extranet web site where more corporate and product information is available.

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