ANN ARBOR, Mich., May 21, 2013 – NovoDynamics, Inc., a leading developer of advanced pattern recognition and analytics technologies, today announced that it has been added to Canon U.S.A., Inc.’s, Canon Image Capture Solutions (ICS) Alliance Program. NovoDynamics document capture and recognition software delivers unparalleled accuracy, speed and productivity, handling global languages including Arabic. Easy to install, integrate and use, NovoDynamics software supports imageFORMULA document scanning devices from Canon U.S.A., Inc.

NovoDynamics^® NovoImage+^® software automatically cleans and optimizes scanned/faxed images to dramatically improve downstream processing; NovoDocufier^® software intelligently automates document classification and data extraction, working up to 60X faster than competitive products; and NovoVerus^® is the industry-leading optical character recognition (OCR) engine. The NovoDynamics product line is particularly well suited for invoice processing, loan origination, and medical record conversion, as well as the forms processing needs of government agencies.

NovoDynamics software, in combination with the broad imageFORMULA scanner product line Canon U.S.A. offers, provides customers with a wide range of solutions for high volume as well as ad hoc capture.” said David Rock, president and CEO of NovoDynamics.

NovoDynamics document capture software products are available through leading value added resellers and integrators. For more information, visit www.NovoDynamics.com.

About NovoDynamics

NovoDynamics, Inc., an In-Q-Tel portfolio company incorporated in 2001, develops intelligent information capture software and provides advanced analytics solutions that transform data into actionable insights needed to make better decisions. Leveraging its pre-eminent image enhancement, pattern recognition and data mining technologies, NovoDynamics^® products recognize, extract and index data — even from degraded sources. NovoDynamics solutions analyze large, disparate data sets to address highly complex challenges. With its track record of success in streamlining information on-ramps and adding business intelligence to back-end repositories, NovoDynamics helps organizations leverage their investments in business processes and enterprise IT systems. NovoDynamics products and solutions are used worldwide by commercial industries, governments and academia. Learn more at www.NovoDynamics.com.

All referenced product names, and other marks, are trademarks of their respective owners.

ANN ARBOR, Mich., March 19, 2013 – NovoDynamics, a leading developer of pattern recognition and analytics technologies, today announced that Art Nicholas has joined the Company as Vice President, Global Sales. Nicholas will drive sales initiatives for NovoDynamics  software products and solutions including NovoVerus^®, the industry-leading optical character recognition (OCR) engine for global languages; NovoDocufier^®, an intelligent document classification and data extraction solution; NovoImage+^®, a productivity tool that enhances document images to improve downstream document processing; and NovoAnalytics^®, predictive analytics solutions that transform large data sets into actionable insights to help organizations make better decisions.

“NovoDynamics pattern recognition and analytics technology provides intelligent solutions to customers needing to capture, access and analyze their global content,” said Nicholas. “I am very pleased to be part of a Company that brings a host of real advantages to organizations, from converting content embedded in paper documents into digital data, to automating document classification, to putting data to work to drive better decisions.”

Nicholas has a formidable track record of developing and managing successful sales teams for leading document capture and recognition solutions providers. He was most recently Vice President Americas Sales – Document Automation Solutions for Nuance Communications, where he served in various sales and management roles since 2003. Nicholas previously held sales and management positions for Scansoft, Xerox Imaging Systems, Canon and Koch Software Industries.

According to David Rock, president and CEO of NovoDynamics, “We are very excited to have Art join NovoDynamics. He will play a key role in helping the Company address the critical needs of today’s businesses to streamline document capture and maximize the utilization of data assets to make better decisions and create competitive advantages.”

About NovoDynamics

NovoDynamics, Inc. develops intelligent information capture software and provides advanced analytics solutions that transform data into actionable insights needed to make better decisions. Leveraging its pre-eminent image enhancement, pattern recognition and data mining technologies, NovoDynamics^® products recognize, extract and index data — even from degraded sources. NovoDynamics solutions analyze large, disparate data sets to address highly complex challenges. With its track record of success in streamlining information on-ramps and adding business intelligence to back-end repositories, NovoDynamics helps organizations leverage their investments in business processes and enterprise IT systems. NovoDynamics products and solutions are used worldwide by commercial industries, governments and academia. Learn more at www.NovoDynamics.com.

ANN ARBOR, Mich., March 14, 2012 – NovoDynamics, a leading developer of pattern recognition and analytics technologies, and Egypt’s Bibliotheca Alexandrina (BA) today announced that NovoDynamics^® NovoVerus™ software will be used in the digitization process for more than 800,000 Egyptian newspaper clippings that have been collected since 1976 by the Centre d’Études et de Documentation Économique, Juridiques et Sociales (CEDEJ — Center for Economic, Legal and Social Studies and Documentation), an affiliate of the Centre Nationale de la Recherche Scientifique (CNRS — the French National Scientific Research Center). The primary objective of the collaborative endeavor between the BA and the CEDEJ is to make this rare collection accessible to the public in a searchable online archive. Once digitized, the articles can be preserved indefinitely in perfect condition, indexed for online search and made available internationally.

NovoVerus was selected for this massive digitization initiative given its comprehensive support for Middle Eastern languages and its superior optical character recognition (OCR) accuracy, especially when it comes to degraded text quality. The automated image enhancement capabilities built into NovoVerus will facilitate the processing of aging newsprint clippings, many of which are yellowed, damaged or otherwise degraded.

“The BA is well-known for its leadership in the digital handling of Arabic text, and NovoVerus has been a reliable choice when it comes to ambitious OCR undertakings, demonstrating high performance on images scanned from challenging, degraded originals with poor text quality,” said Bibliotheca Alexandrina Senior Digital Production Engineer Rami K. Rouchdi.

NovoDynamics President and CEO David Rock added, “We are proud to be supporting this important international effort with our flagship product, NovoVerus. Our new release enables faster processing, increased accuracy, a significant reduction in memory usage and a host of other enhancements that combine to make NovoVerus 4.0 the industry leading global language OCR solution.”

About NovoVerus 4.0

Including support for mixed language documents, NovoVerus 4.0 handles global languages including Arabic, Persian (Farsi, Dari), Pashto, Hebrew, Urdu, Chinese, Korean, Russian, Spanish, French and English. Widely deployed in rigorous government, commercial and academic applications, NovoVerus automatically cleans and converts even the most challenging documents — including damaged originals and degraded copies — into digital text, ready for post-processing and analysis. Please visit www.NovoDynamics.com/NovoVerus for more information.

About the Bibliotheca Alexandrina

The new Library of Alexandria, Bibliotheca Alexandrina (BA), was inaugurated in October 2002. The Library endeavors to recapture the spirit of openness of the ancient Library, engaging global audiences through the technological innovations of the digital age. It is much more than a library of books; rather, it is a vast complex providing science, research, art, history, technology and dialogue through a single hub located on the Mediterranean shore. Ever since its inception, the BA has been dedicated to serving as a universal digital library, largely focusing on the digitization and preservation of regional and global heritage, both independently and in collaboration with international partners. The BA strives to pioneer digital concepts for the benefit of the international knowledge community. For more information, visit www.bibalex.org.

About NovoDynamics

NovoDynamics, Inc., an In-Q-Tel portfolio company incorporated in 2001, develops intelligent information capture software and provides advanced analytics solutions that transform data into actionable insights needed to make better decisions. NovoDynamics products and solutions are used worldwide by commercial industries, governments and academia. Learn more at www.NovoDynamics.com.

# # #

Industry-leading global language OCR engine increases accuracy and enhances performance

ANN ARBOR, Mich., October 1, 2012 – NovoDynamics, a leading developer of pattern recognition and analytics technologies, today announced the immediate availability of NovoVerus™ 4.0 software, the company’s flagship optical character recognition (OCR) solution for global languages including Arabic, Persian (Farsi, Dari), Pashto, Hebrew, Urdu, Chinese, Korean, Russian, Spanish, French and English. Widely deployed in rigorous government, commercial and academic applications, NovoVerus automatically cleans and converts even the most challenging documents — including damaged originals and degraded copies — into digital text, ready for post-processing and analysis.

Fully re-engineered as a 32-bit/64-bit stand-alone application and flexible API, NovoVerus 4.0 enables faster processing of larger document volumes and direct integration into other 32-bit/64-bit applications.  Additional key enhancements include:

• Improved automatic language identification for both single- and multi-language documents
• Increased accuracy — up to 43% fewer errors on characters, 42% fewer errors on digits, 29% fewer errors on words
• Unsurpassed English recognition
• Unparalleled support for Middle Eastern languages
• 50% reduction in memory usage allows customers to process more images than ever before
• More flexible licensing options
• Supports latest Windows and Linux operating systems

According to David Rock, president and CEO of NovoDynamics, “NovoVerus 4.0 combines advanced image enhancement with unparalleled recognition accuracy for the most challenging data extraction applications. The intuitive user interface and ability to generate PDF searchable image output, further differentiate NovoVerus as the market-leading engine for global language document capture.”

NovoVerus 4.0 includes support for mixed language documents and an integrated spell checker. It is available directly from NovoDynamics or through our network of solutions partners.  Please visit www.NovoDynamics.com/NovoVerus for more information.

About NovoDynamics

NovoDynamics, Inc. recognizes critical patterns in essential documents and complex data sets. The company’s pattern recognition and analytics solutions are used throughout the world by governments, commercial industry and academia to capitalize on large, disparate data assets. NovoDynamics provides exceptionally fast and accurate 32-bit/64-bit, multi-core, cross-platform optical character recognition, image enhancement and document classification applications, as well as real-time, cloud-based data analytics services. NovoDynamics delivers truly intelligent solutions that add clarity and insight to help customers address their most difficult challenges. Please visit www.NovoDynamics.com for more information.

# # #

NovoDynamics will be exhibiting at the annual ARMA Conference, September 23-24 in Chicago, IL.  Join us at booth #224 as we demonstrate how records managers can quickly and accurately classify and metatag large document repositories using NovoDocufier.

Join NovoDynamics at the AHIMA Conference, October 1-3 in Chicago.  See us at booth #133 and learn how NovoDocufier can quickly and accurately classify and extract data from millions of medical records.

Join NovoDynamics at the annual AIIM Document management Service Providers Executive Forum in Albuquerque, NM, November 8-10, 2012.  We will be demonstrating NovoDocufier, our dynamic document classification and data extraction software, for high volume, multi-client applications.

NovoDynamics Names Jim Kinsherf Vice President, NovoAnalytics  

 ANN ARBOR, Mich., June 28, 2012 – NovoDynamics, a leading developer of optical character recognition (OCR), pattern recognition, data mining and predictive modeling technologies, today announced that Jim Kinsherf has been appointed to the position of vice president, managing the Company’s NovoAnalytics custom solutions business. NovoAnalytics is an advanced services offering that addresses “big data” challenges. Applying a consultative approach and customized tools, the NovoAnalytics team provides innovative solutions that identify patterns in data, yielding critical insights that can lead to better-informed decisions for businesses and other organizations.

 “NovoDynamics is in a strong position to achieve the goals it has set in the burgeoning big data arena,” noted Kinsherf. “I am pleased to join this talented and experienced team. NovoDynamics has developed unparalleled technology and NovoAnalytics delivers the knowhow to apply it, to help a wide variety of clients transform their big data assets into big opportunities.”

 Kinsherf previously served as senior vice president and general manager responsible for partner solutions at Posit Science Corporation, where he helped create a new product category in the automobile insurance industry.  Prior to Posit Science, Kinsherf held executive positions at Solera, where he was vice president of North American sales and service for Audatex, a leading global provider of software and services for the automotive insurance and collision repair industries, and general manager of Hollander, Inc., which delivers software and information services to the automotive recycling industry. Kinsherf has also held senior positions at CCC Information Services and Allscripts Healthcare Solutions.

 According to David Rock, president and CEO of NovoDynamics, “Having held both sales and general management positions at companies providing advanced software technologies to three of our targeted industries, Jim is extraordinarily well qualified to lead our NovoAnalytics business.  With an impressive track record of dramatically increasing revenues, we expect Jim to play a pivotal role in growing our custom solutions business.”

 Please visit www.NovoDynamics.com for more information.

About NovoDynamics

NovoDynamics, Inc. recognizes critical patterns in essential documents and complex data sets. The company’s pattern recognition and predictive analytics solutions are used throughout the world by commercial industries, governments and academia to capitalize on large, disparate data assets. NovoDynamics provides exceptionally fast and accurate 64-bit, multi-core, cross-platform document capture applications, as well as real-time, cloud-based data analytics services. NovoDynamics delivers truly intelligent solutions that add clarity and insight to help customers address their most difficult challenges. Please visit www.NovoDynamics.com for more information.

# # #

New Image Optimization Software Automates Enhancement of Scanned, Faxed and Digitized Images for Downstream Document Processing

ANN ARBOR, MI–(Marketwire – Apr 17, 2012) – NovoDynamics, a leading developer of optical character recognition (OCR) and pattern recognition technologies, today announced the release of NovoImage+, the industry’s first device-agnostic, automated image optimization solution for digitized documents. Unlike traditional document image processing applications, which are typically bundled with and exclusive to specific devices, NovoImage+ is an affordable, post-scan solution that significantly improves the image quality of digitized documents regardless of what device was used and where or when capture occurred.

Targeted to the distributed enterprise, NovoImage+ cleans up images and clarifies text, consistently preparing all incoming content for more efficient and effective downstream document processing. As NovoImage+ optimizes the digitized document, file size is reduced, making file transmission faster and reducing the burden on networks and storage space.

In today’s distributed organizations, paper-based documents are often digitized at various points of entry using a wide assortment of peripheral devices including fax servers, MFPs and desktop scanners. Documents may also arrive as email attachments after they have already been digitized. This creates a bottleneck for document automation, as damaged or degraded originals and poorly captured documents make recognizing and extracting data challenging. The effects of image improvement early in the capture process are multiplied as the document progresses through a workflow. Using NovoImage+ to improve optical character recognition (OCR) accuracy by just 5 percent can reduce the time spent in data verification by over 50 percent.

“Image enhancement no longer has to be conducted in series with scanner hardware at the time of scan, and is no longer reliant on the quality and associated level of cost of the device for success,” notes NovoDynamics vice president of marketing Tim Dubes. “This source-agnostic approach enables NovoImage+ to provide consistent, production-level document image quality — at the point of capture or at any point in the workflow. For remote offices or departmental needs, document images can be enhanced centrally before entering a forms processing, content management or other backend business system.”

A 64-bit, Windows-based software application, NovoImage+ cleans PDF, TIFF, BMP, GIF, JPG and most standard image file types, producing cleaner documents, clearer characters, smaller image files and better recognition results for OCR, IDR, document classification and other document processing systems.

Key benefits of NovoImage+ include:

• Increased OCR/IDR recognition rates
• Fewer false positives on data to be verified
• Smaller image files for more efficient document transmission and storage
• Clearer images displayed for visual review
• Centralized or distributed image processing that runs in the background
• Consistent image quality regardless of capture device or source
• Leveraging existing hardware investments

Pricing for NovoImage+ begins at $299. NovoImage+ software is available directly from NovoDynamics or via its global network of Certified Solutions Partners. A trial version of NovoImage+ is available for download at http://www.novodynamics.com/image-plus-download/.

About NovoDynamics
NovoDynamics, Inc. recognizes critical patterns in essential documents and complex data sets. The company’s pattern recognition and predictive analytics solutions are used throughout the world by commercial industries, governments and academia to capitalize on large, disparate data assets. NovoDynamics provides exceptionally fast and accurate 64-bit, multi-core, cross-platform document capture applications, as well as real-time, cloud-based data analytics services. NovoDynamics delivers truly intelligent solutions that add clarity and insight to help customers address their most difficult challenges. Please visit www.NovoDynamics.com for more information.

 Read the story.