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. | Restrac to use Highly Accurate "Voting" OCR from Prime Recognition in Restrac Hire for Intranet
San Carlos, California — Nov. 1, 1998 — Prime Recognition, the leader in high accuracy OCR solutions for the production market, today announced that the Restrac Hire for Intranet product, the first enterprise-level automated recruitment solution designed specifically for corporate intranets, now includes highly accurate "Voting" OCR technology through Prime Recognition’s PrimeOCR software. PrimeOCR gives Restrac Hire for Intranet users access to production-oriented OCR software that generates 65% to 80% fewer errors than conventional OCR. PrimeOCR - Higher OCR Accuracy through "Voting" Technology PrimeOCR is an MS Windows NT/2000/XP based software OCR engine and Application Programming Interface (API) toolkit. Using a combination of proprietary "Voting" and other "intelligent" algorithms and technology licensed from the best retail OCR vendors, PrimeOCR is able to reduce OCR errors by an average of 65-80% over the best conventional OCR products. This reduces the cost of labor and workstations associated with manual error correction by 65-80%. In addition, PrimeOCR’s fewer recognition errors lead to much more effective database searches for those applications that store OCR results directly into a database for later retrieval. PrimeOCR is based on a flexible architecture that allows new or improved technologies from Prime Recognition or any outside OCR vendor to be added easily in the future. "Restrac has made a significant commitment to the OCR technology from Prime Recognition," said Kenn T. Dahl, founder and President of Prime Recognition. "This investment illustrates Restrac’s ongoing efforts to offer customers powerful, market leading solutions that utilize state-of-the-art technology." Restrac Hire for Intranet Restrac Hire for Intranet delivers Restrac’s leading automated recruiting solution to a corporate intranet, adding breakthrough Internet recruiting features and unprecedented ease of deployment and maintenance. In addition to offering searchable access to customers’ own collection of candidate resumes, Restrac Hire for Intranet creates and manages new job requisitions, tracks applicants as they are considered for open jobs and connects hiring managers to the entire recruiting process. In addition, Restrac Hire for Intranet creates HTML job pages for posting to corporate Web sites. Resumes can be scanned, faxed, emailed over the Internet into the system or input directly from the corporate Web site. Paper resumes are scanned with exceptional accuracy using PrimeOCR to reduce processing time so that resumes are available for searching almost immediately. All resumes, whether originating from Internet job posting boards, third-party resume pools or paper, can be searched using an innovative Query Wizard that provides recruiters with a step-by-step, push button process that facilitates the query-creation process. As with all Restrac recruiting solutions, Hire for Intranet delivers search results in an easy-to-understand relevance-ranked list and presents resumes online with relevant terms highlighted for maximum utility. "PrimeOCR provides the highest OCR accuracy available to the production market." said Robert J. Perry, Restrac vice president of marketing, "This high accuracy combined with PrimeOCR’s flexible architecture provides us with a powerful OCR platform to offer our customers." About Restrac, Inc. Restrac is the leading provider of networked recruiting solutions including the new WebHire Network, an open connection to an array of Internet recruiting services. The WebHire Network creates a single connection between recruiters and an expanding network of more than 100 Internet recruiting partners offering job posting, searchable pools of resumes and other essential recruiting services. Restrac Hire for Intranet, the most flexible, enterprise-wide solution for corporate intranets and Restrac WebHire, a unique, browser-based outsourced recruiting solution offering requisition tracking, candidate management and resume processing over the Internet, both leverage the capabilities of the WebHire Network. More than 375 companies worldwide employ Restrac’s client/server, intranet or Internet-based recruiting solutions. Among these customers are American Express, AT&T, Millennium Pharmaceuticals and Microsoft. More information about Restrac recruiting solutions is available at www.restrac.com or by calling 1-877-RESTRAC. About Prime Recognition Corporation Prime Recognition designs and develops advanced character recognition software for the production OCR marketplace. Prime Recognition’s goal is to facilitate the acceptance of OCR by reducing errors through the use of sophisticated "Voting" and other advanced technologies. In addition to top Imaging Solution Providers, PrimeOCR customers include Service Bureaus, System Integrators, Internet Service Providers, Government Agencies, the Fortune 500 and companies in the Banking, Insurance, Legal, Manufacturing, Medical, and Transportation industries. Prime Recognition is headquartered in San Carlos, California and can be reached at (425) 895-0550 or via the Internet at: www.primerecognition.com. |
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