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ABBYY at GITEX Tech Week 2016: Presenting New Milestone of Data Analysis Solutions Powered by Innovative Artificial Intelligence Technology

Moscow, Russian Federation (October 3, 2016)

ABBYY®, a leading provider of document recognition, data capture and linguistic technologies and services, in partnership with Forefront Technologies and Skolkovo Foundation, will participate in GITEX Tech Week 2016. GITEX is one of the largest and most important global Information and communication technology events. It will be held on October 16-20, 2016 at the Dubai World Trade Center, Dubai, UAE.

ABBYY has achieved a well-established presence in the Middle East market due to its unique Arabic OCR technology, innovative solutions and strong partners. ABBYY successfully fulfilled several large-scale projects across the region, working with governmental organizations, financial agencies, educational institutions and more.

At GITEX Tech Week 2016, ABBYY will present its latest developments in artificial intelligence, natural language processing, and machine learning. Visitors to ABBYY stands will see how these technologies, incorporated in world-recognized ABBYY FlexiCapture and ABBYY Recognition Server products, are improving business processes to accelerate transactions and drive revenue. They will have an opportunity to directly interact with ABBYY experts and attend real-time demonstrations of focused solutions for processing various types of documents used in financial industry, transportation, education and more.

Among its newest achievements, ABBYY will also present the innovative text analysis technology, ABBYY Compreno. Unlike other solutions based on statistics and rules, ABBYY Compreno performs full semantic and syntactic analysis of text enabling business to “understand”, organize and effectively use unstructured information.

“Data is our job and we do understand its high value for the modern world. However, information itself is not as important as the possibility to share knowledge and experience between people. GITEX is a perfect platform to present our new technologies and to learn about the latest developments of our colleagues,” said Catherine Moskalenko, Senior product manager at ABBYY 3A.

Visit ABBYY and Forefront Technologies at the joint booth, Hall 4, Stand B4-II

Visit ABBYY and Skolkovo Foundation at the joint booth, New Zabeel Hall NZ-A10

Media Contacts:

Catherine Egorova

Brand Manager

ABBYY 3A

Catherine_E@abbyy.com

+7 (495) 7833700

About Forefront Technologies

Forefront Technologies is a major IT Distribution operation with a primary focus on Document Imaging Hardware, Capture, OCR & Library Management Software and Storage Industry Systems and Solutions. Established in 1995 in Jebel Ali Free Zone - Dubai, and powered by the professional experienced team, it currently enjoys an acknowledged recognition as a major player in growing and serving this industry in the Middle East region. Forefront, which expanded its office network coverage (Dubai, Riyadh, Jeddah, Muscat, and Doha), is now embarking on a substantially sizeable (800+ partners) network of System Integrators, Value Added Resellers and Distribution Partners spanning more than 20 countries throughout the Middle East & Africa. For more information visit http://www.forefrontec.com.

About Skolkovo Foundation

Skolkovo Foundation is a non-profit organization founded in September 2010 by the Russian government with the objective of accelerating Russia’s transformation from a resource-intensive to an innovation-based economy. To achieve this objective, the Foundation is overseeing the creation of the Skolkovo Innovation Center, composed of more than 1,500 high-tech startups, Skolkovo Technopark, the Skolkovo Institute of Technology (Skoltech) - a new graduate research University established in collaboration with the Massachusetts Institute of Technology - and Skolkovo city, located near Moscow. Together, these entities establish a vibrant ecosystem of technology innovation and entrepreneurship. The cumulative revenue of Skolkovo’s startups through June 2016 reached $1.6 billion. They brought in more than $350 million in investment, creating 21,800 jobs and filing over 1,900 patent applications along the way. By 2020 over 2 million square meters of residential and office space will be built in Skolkovo with 35,000 people working daily in the Innovation Center. For more information visit http://www.sk.ru/en.

About ABBYY

ABBYY is a leading global provider of technologies and solutions that help people and 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, the UAE, the UK, Ukraine, and the United States. For more information, visit Key Facts.

ABBYY and the ABBYY Logo are either registered trademarks or trademarks of ABBYY Software Ltd. Other product names mentioned herein may be trademarks and/or registered trademarks of their respective owners and are hereby recognized.

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