RAF Technology, Inc.
15400 NE 90th St
Suite 300
Redmond, WA 98052
425.867.0700

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Press Release
August, 2004

RAF Technology takes address recognition to the next level

Redmond, WA –-August, 2004 –RAF Technology announced that it has released Version 3.0 of its Argosy PostTM address recognition software for Multi-Line Optical Character Recognition (MLOCR) sorting systems used by postal and commercial mail sorting operations.

Featuring Adaptive IntelligenceTM Argosy Post 3.0 takes read rates to the highest levels possible. Adaptive Intelligence dynamically tunes the reader to the unique characteristics of each mail piece as it reads it. Complementary ProcessingTM has been extended to incorporate all stages of recognition, assuring prompt, accurate address finalizations. In addition, new noise removal algorithms provide reduced sensitivity to backgrounds and patterns, logos and graphics, while still preserving performance on faint and blurred text. The software even locates address blocks partially obscured by the envelope window.

“Once again we’re proud to take address recognition to the next level,” said Bill Transue, CEO of RAF Technology. “With fewer rejects, lower costs, and faster job completion, we’re confident that users will see their results rise to the next level of profitability and customer satisfaction.”

“Argosy Post 3.0 represents a tremendous value. Read rates have soared, so customers will realize the greatest savings possible,” added John Hofer, Marketing Director at RAF. “That is why we say that Argosy Post 3.0 is recognizably better than ever.”

To ensure maximum read rates and product reliability, Argosy Post 3.0 was rigorously tested on several million images collected in a wide range of field locations. Statistical industrial process control methods were implemented to assure that recognition improvement on some images does not degrade overall performance.

RAF Technology is a privately held firm that provides business and government with recognition and verification technology for postal and security applications.

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