ABBYY Announces Trademark License Agreement With Xerox

MILPITAS, CA--(Marketwired - Mar 23, 2016) - ABBYY®, a leading provider of technologies and solutions to action information, today announced it has executed a trademark license agreement with Xerox. As an initial result of their collaboration with ABBYY, Xerox has introduced the Xerox® Easy Translator Service, the industry's first cloud-enabled language translation solution integrated via a web portal across Xerox® devices built on ConnectKey® technology, as well as mobile devices and desktops.

Xerox and ABBYY developed the translation services that combine language translation technologies from ABBYY Language Solutions (LS) and a large group of professional language consultants and subject matter experts. These services are integrated with best-in-its-class ABBYY OCR and capture technology, to maintain the original formatting of translated documents.

"Improving translation is at the core of enterprise transformation and global connections. This licensing agreement and initial offers are distinct because we combine Xerox's expertise in document workflow technologies with an innovator in translation solutions in ABBYY," said Bertrand Cerisier, vice president, global marketing, Office Solutions Business Group, Xerox. "Through the use of MFPs, smartphones and a cloud infrastructure, we're bringing an innovative capacity for localization to organizations both large and small and in all countries"

"Xerox is providing a model of innovation," said Dean Tang, president and CEO, ABBYY (NAHQ). "We look forward to working together on future solutions that set the highest standards for companies doing business around the globe."

About Xerox® Easy Translator Service
Xerox® Easy Translator Service is owned and operated by ABBYY USA Software House, Inc., an authorized Xerox Trademark Licensee. ABBYY Language Solutions (LS) is part of ABBYY. For more information, visit the Xerox® Easy Translator Service Web site.

About Xerox
Xerox is helping change the way the world works. By applying our expertise in imaging, business process, analytics, automation and user-centric insights, we engineer the flow of work to provide greater productivity, efficiency and personalization. We conduct business in 180 countries, and our more than 140,000 employees create meaningful innovations and provide business process services, printing equipment, software and solutions that make a real difference for our clients - and their customers. Learn more at www.xerox.com.

About ABBYY
ABBYY is a leading global provider of technologies and solutions that help businesses to action information. The company sets the standard in content capture and innovative language-based technologies that integrate across the information lifecycle. ABBYY solutions are relied on to optimize business processes, mitigate risk, accelerate decision making and drive revenue. ABBYY technologies are used and licensed by some of the largest international enterprises and government organizations, as well as SMBs and individuals. The company maintains offices in Australia, Canada, Cyprus, France, Germany, Japan, Russia, Spain, Taiwan, UAE, the UK, Ukraine, and the United States. For more information, visit www.ABBYY.com

ABBYY and the ABBYY Logo are either registered trademarks or trademarks of ABBYY Software Ltd. Xerox® and Xerox and Design are registered trademarks of Xerox Corporation in the United States and other countries, and are used under license. ABBYY is an authorized trademark licensee of Xerox®. Other product names mentioned herein may be trademarks and/or registered trademarks of their respective owners and are hereby recognized.