ABBYY FineReader Engine Selected for Ricoh's Award-Winning DocumentMall

FREMONT, CA -- (MARKET WIRE) -- January 23, 2007 -- ABBYY USA, a leading provider of recognition, data capture and linguistic technologies, announced that its preeminent FineReader™ Engine was selected for use in Ricoh's award-winning DocumentMall document management system.

DocumentMall, introduced in 2003, provides businesses with a powerful service delivered via the Internet for document management and document sharing. DocumentMall received the prestigious BERTL's Best Award for Innovation.

Ricoh sought an OCR engine to provide full-text indexing capabilities for DocumentMall. After conducting research through several vendors, Ricoh discovered ABBYY FineReader.

"We chose ABBYY FineReader Engine primarily for its accuracy and continue to be pleased with the results we get from the OCR," said Wayne Mize, vice president, Netsource Marketing for Ricoh's Document Solutions and Services Division.

"As a technology provider, it is our aim to help solution providers with a solid, top-notch, and worry-free OCR base," said Dean Tang, ABBYY USA President and CEO. "ABBYY USA is pleased to associate our award-winning FineReader technology with Ricoh's own award-winning DocumentMall."

About ABBYY USA

ABBYY USA is a member of the ABBYY Software House Group, a world leader in document recognition and linguistic technologies. ABBYY specializes in the development of software for optical character recognition (OCR), intelligent character recognition (ICR), linguistics, semantics, and electronic lexicography. Leading products from ABBYY include the FineReader line of OCR, ICR and barcode software, and FineReader development tools. Companies that license ABBYY OCR/ICR technologies include Anoto (C-Technologies), Autonomy (Verity/Cardiff), Banctec, BenQ, DICOM (Kofax, LCI, Neurascript). EMC (Captiva, SWT, Documentum), EPSON, Freedom Scientific, Fujitsu, Hewlett-Packard, Kurzweil, Microtek, NewSoft, Notable Solutions, Stellent, Panasonic, ReadSoft, Samsung Electronics, Saperion, Siemens Nixdorf, Sumitomo Electric Systems, and Toshiba. The ABBYY Group Headquarters are located in Moscow with offices in Ukraine (ABBYY Ukraine), the United States (ABBYY USA, Fremont, CA), the UK (ABBYY UK, Bishops Stortford, England), Japan (ABBYY Japan, Machida-shi, Tokyo), and Germany (ABBYY Europe, Munich).

For more information about ABBYY, visit: www.abbyyusa.com or contact ABBYY USA, 47221 Fremont Boulevard, Fremont, CA 94538. Phone: (510) 226-6717. Fax: (510) 226-6069. E-mail: info@abbyyusa.com.

About ABBYY FineReader Engine

ABBYY FineReader Engine is the most comprehensive data capture and document recognition and conversion SDK. It includes all the technologies needed for developing state-of-the-art intelligent data capture, document recognition, and document conversion systems -- in a single toolkit.

About Ricoh Corporation

Ricoh Corporation, headquartered in West Caldwell, N.J., is a subsidiary of Ricoh Company Ltd., the 70-year-old leading supplier of office automation equipment and electronics, with fiscal year 2005 sales in excess of $17 billion, a 5.6 percent increase over the previous year.

Ricoh Corporation is a leading provider of document solutions. Ricoh's fully integrated hardware and software products help businesses share information efficiently and effectively by enabling customers to control the input, management and output of documents.

Ricoh Corporation directly or through its subsidiaries markets and distributes products in North, Central and South America.

Information about Ricoh's complete range of products and services can be accessed on the World Wide Web at www.ricoh-usa.com

ABBYY names and logos are registered trademarks of ABBYY Software House. Other product names mentioned herein may be trademarks and/or registered trademarks of their respective companies and are hereby recognized.

Contact Information: Contacts: Tsai-Ling Merrem ABBYY USA Email Contact 510-226-6717