DocWorks - the electronic filing cabinet

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NSC TechWorks Selects Parascript Technology to Enhance Its Forms Processing Solution

ELK GROVE VILLAGE, IL, August 25, 2002-NSC TechWorks, Ltd. announced today a partnership with Parascript , LLC, a worldwide provider of recognition products and services, making NSC one of 10 national integrators offering Parascript's FieldScript® recognition technology. NSC plans to integrate Parascript's software with its DocWorks™ content management system. FieldScript will be used as a primary recognition engine for NSC's forms processing technology and will allow customers to capture more information on forms with greater speed and accuracy.

"DocWorks is a powerful on-line solution that simplifies the process of converting paper forms into electronic data," stated Rob King, Director of Commercial Sales at Niwot, Colorado-based Parascript. "NSC's standards of quality and service are a good match for Parascript. Our robust FieldScript technology will help power NSC's solution and provide best-in-class forms processing service."

"NSC will leverage Parascript's total recognition technology to automatically recognize all character types from our client's documents, reducing data entry expenses dramatically". Sam LaSpisa, President of NSC TechWorks, Ltd. said. "I am particularly proud that we qualified for this relationship based on our technical abilities and business standards. Our partnership with Parascript will allow us to expand our business plan by offering unsurpassed accuracy in converting handwritten and other difficult documents-such as bills of lading or marketing surveys--into electronic information."

Parascript's Total Recognition technology currently recognizes more than 68 million documents daily, saving over $500 million per year for technology. The technology is used in data-heavy industries and market segments such as banking and financial services, insurance and healthcare, mail and parcel processing, and government.

About NSC TechWorks

NSC has traditionally focused on challenging, large volume OCR applications where variables in the document model are difficult to manage. DocWorks document management system allows clients to store, index and retrieve any document anywhere. NSC's business model allows for the client to pay for the service on a "store as you go" basis. To date NSC has millions of documents stored with over six million additional documents to be stored under existing contract. Current clients include a variety of Fortune 500 companies.

About Parascript LLC

Parascript's Total Recognition technology converts paper-based information into computer-usable data. It is the only complete technology that recognizes all character types - cursive, handprint and machine print - on all forms. Its unique capabilities allow organizations using forms to capture customer information to dramatically reduce their data entry expenses. With Total Recognition technology, companies can turn handwritten and print data, including legacy data, into electronic information that can be used to power web-based offerings and other marketing initiatives. Total Recognition technology is available via a number of channels: as software development kits, through Parascript's on-line services, through onsite custom solutions, and from Parascript's partners.