ABBYY Named Best Channel Vendor for Second Consecutive Year

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ABBYY Named Best Channel Vendor for Second Consecutive Year

Business Solutions Magazine VAR Subscribers Select ABBYY as a Top Channel Vendor In the ECM and Data Capture Software Category

Milpitas, Calif., January 19, 2010 – ABBYY®, a leading provider of document recognition, data capture and linguistic software, today announced that the company has been named by Business Solutions magazine as a Best Channel Vendor for the Enterprise Content Management (ECM) and Data Capture Software category. Voted on by the magazine's VAR subscribers, this marks the second consecutive year that ABBYY has been designated with this top channel specific award.

Partnering with Penn State University, Business Solutions magazine received more than 12,000 votes to an in-depth Web-based survey. Measuring scores in seven categories, the survey evaluated vendors on key aspects including loyalty to channel partners, quality of support services, channel program features, VAR margins, and product qualities such as features, reliability and innovation.

ABBYY's partner program provides mutually beneficial reseller relationships, delivering best-in-class support and marketing materials. Combining these tools with the company's award-winning OCR, data capture and linguistic software solutions, ABBYY's reseller partners can participate in the company's Certified Reseller and Authorized Reseller levels, ensuring they can provide their customers with the highest level of solution, system integration and consulting capabilities.

"ABBYY provides our partners with unmatched training, support, marketing assistance and incentives to ensure they are successful when developing solutions for their customers," said Steve Kincade, vice president of channels, North America at ABBYY USA. "This VAR nominated award is further validation of ABBYY's industry leading solutions and best-in-class channel program, providing new and existing partners with confidence that a relationship with ABBYY is a successful and long term profitable venture."

About ABBYY

ABBYY is a leading provider of document recognition, data capture and linguistic software. Its 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. Paper-intensive organizations from all over the world use ABBYY software to automate time- and labor-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, and Montgomery County Government of the USA. Companies that license ABBYY technologies include BancTec, Canon, EMC/Captiva, Hewlett-Packard, Microsoft, NewSoft, Notable Solutions, Samsung Electronics and more. ABBYY OCR applications are shipped with equipment from the world's top manufacturers such as BenQ, Epson, Fujitsu, Fuji Xerox, Microtek, Panasonic, Plustek, Toshiba, and Xerox. ABBYY is headquartered in Moscow, Russia, with offices in Germany, the United States, Ukraine, the UK, Japan and Taiwan. For more information, visit http://www.abbyy.com/.

Media contacts:

Derek James
McGrath/Power Public Relations
408-727-0351
derekj@mcgrathpower.com