NovoDynamics(R), Inc. Launches Coronado(TM) -- A New Intelligent Document Recognition Technology

ANN ARBOR, MI, May 18 (MARKET WIRE) --
NovoDynamics(R), Inc, a recognized leader in providing advanced software
technology solutions, today announced the launch of Coronado(TM), a new
Intelligent Document Recognition (IDR) software that offers unparalleled
speed, accuracy and automated classification training to significantly
reduce the time and costs associated with document processing.

NovoDynamics developed a new approach to IDR software by leveraging its
scientific heritage in artificial intelligence, image analysis and data
mining. Coronado(TM) analyzes the dots on the page to determine what's
similar and different from other pages and then remembers the information
so that it will recognize the page the next time it sees it. This helps
make Coronado(TM) not only easy to implement, but also eliminates the
barriers usually associated with the adoption of IDR solutions, such as
the high costs of manual sorting and professional services required for
recognition training.

"Coronado(TM) is the only product on the market today that combines
artificial intelligence with page pixel analytics to offer automated
classification training and testing," said David Rock, president and CEO
of NovoDynamics. This is a major advantage for businesses looking to
streamline their work processes and generate quick ROI, and for Enterprise
Content Management (ECM) vendors and VARs looking to optimize their data
capture solutions."

Coronado(TM) features NovoDynamics' Automated Classification Engine (ACE),
which uses advanced artificial intelligence and breakthrough page pixel
analytics to quickly and accurately organize, train and recognize diverse
document types. ACE is able to identify a document even when its content
has been scaled or shifted and its Automatic Orientation Detection (AOD)
technology automatically detects rotated pages. ACE's adaptive learning
capabilities allow new documents to be easily added to previously trained
document sets. Integration into any ECM solution is achieved through ACE's
robust application programming interface.

"Coronado(TM)'s speed and accuracy help overcome the challenges of
managing huge volumes of documents cost-effectively. For example,
Coronado(TM) can recognize pages within tens of milliseconds while still
achieving a high accuracy rate -- demonstrating that Coronado(TM) is the
next generation in the evolution of IDR software," Rock continued.

Coronado(TM) is now available directly through NovoDynamics or via its
global network of Enterprise Content Management (ECM) partners.

About NovoDynamics, Inc.

NovoDynamics, Inc. is a recognized leader in providing advanced software
technology solutions for organizations seeking powerful, reliable and
accurate ways to extract and leverage information from critical data
sources. NovoDynamics works with its global network of Enterprise Content
Management (ECM) partners to provide breakthrough optical character
recognition, document image enhancement, data classification and
predictive modeling solutions across a variety of business segments.
Leveraging its world-class technical team, NovoDynamics helps
organizations create business processes that are more efficient, accurate
and cost-effective. For more information, visit www.novodynamics.com.

Editorial Contact:
Barrie Locke
Ripple Effect Communications
Email Contact
617-536-8887

NovoDynamics Contact:
David Rock
President and CEO
Email Contact
734-205-9100 x 117

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