http://news.thomasnet.com/fullstory/530268/2585
September 12, 2007 - AddressKey video coding system (VCS) enables manual data entry for addresses not recognized by automated address recognition and interpretation systems. Universal, configurable product adapts to country requirements and allows operators to enter information in real-time using optional address interpretation hints and autofill options. It is complaint with OCR/VCS open interface standards as defined by European Committee for Standardization.
Press Release
Release date: September 5, 2007
Open, Fully-Configurable Video Coding System from Parascript Increases Speed and Accuracy of Keying for Postal Operators
- Parascript AddressKey offers CEN compliant open interface solution for manual address keying -
BOULDER, Colo., Sept. 5 / / -- Parascript, LLC, the image analysis and pattern recognition technology provider, today announced AddressKey, a robust Video Coding System (VCS) designed to improve speed and accuracy of manual data entry for addresses not recognized by automated address recognition and interpretation systems. AddressKey is a universal, configurable product that easily adapts to country requirements and can be tailored to meet the specific needs of postal operators worldwide.
AddressKey improves keying performance, regardless of operator skill, by allowing operators to enter information in real-time using optional address-interpretation hints and auto-fill options. AddressKey is a user-friendly and configurable system that minimizes keystrokes, increases speed of keying and ensures accuracy.
Parascript's video coding system is compliant with Optical Character Recognition (OCR)/VCS open interface standards as defined by the European Committee for Standardization (CEN). AddressKey allows postal operators to implement video coding modules independently from other components, resulting in fast deployment and low implementation costs.
"Parascript is committed to providing postal operators with solutions that improve mail processing and address the challenges of manual address keying," said John Buck, vice president. "AddressKey builds on Parascript's knowledge and experience in forms processing and address interpretation to deliver a solution that minimizes costs and errors associated with manual data entry and aligns the performance of operators with that of other mail automation processes."
About Parascript, LLC
The Parascript image analysis suite extracts meaningful information from images. Employing patented digital image analysis and pattern recognition technologies, the Parascript image analysis suite automates costly data entry and improves decision quality in postal automation, check and remittance processing, fraud detection and forms processing operations. Parascript software processes over 75 billion imaged documents per year. Fortune 500 companies, postal operators, major government and financial institutions rely on Parascript products. Organizations include the U.S. Postal Service, Bowe Bell & Howell, CheckFree, Elsag, Lockheed Martin, NCR, Siemens and Unisys. Parascript is online at http://www.parascript.com/.
Source: Parascript, LLC
CONTACT: Claudette Allingham of Parascript, LLC, +1-303-381-3100, claudette.allingham@parascript.com
Web site: http://www.parascript.com/
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Postal Software speeds manual address keying. PRESS RELEASE
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Postal Software speeds manual address keying. PRESS RELEASE
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Thats an interesting article, seems that they have designed a better system than Lockhead Martin.
So maybe this system will have a much improved read rate of hand written mail, if this was proven to work why would they need MDEC's at all and simply could move it back to individual mail centres thus saving large amountsAddressKey builds on Parascript's knowledge and experience in forms processing and address interpretation to deliver a solution that minimizes costs and errors associated with manual data entry and aligns the performance of operators with that of other mail automation processes
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- MDEC
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Unfortantley for MDEC's this is some sophisticated software and is already in use by the USPS (United States Postal Service), it won't be long before our competitors see this and start using it.
- Recognize handwritten and machine printed addresses across the entire mail stream including letters, flats and parcels, forwarded mail and bundles - with the highest read rates and accuracy.
Locate address blocks in parcel images regardless of country of origin or destination, package size or image quality
Automate indicia location and verification to eliminate postage revenue losses
Deploy a complete address-reading and video-coding solution compliant with OCR/Video Coding Systems Open Interface Standard adopted by the European
Committee for Standardization
Finalize inbound (incoming) and outbound mail
Sort incoming and interoffice mail
Validate and interpret addresses to gain postal discounts
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Codebreaker
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Hmmmm...
The current Address Interpretation System is contracted by the Royal Mail Group to Lockhead Martin. The following is copied from Wikipedia:
History
Lockheed Martin was formed by a "merger of equals", both companies contributing important products to the new portfolio. Lockheed products included the Trident missile, P-3 Orion, F-16 Fighting Falcon (the production line being purchased from General Dynamics in 1993), F-22 Raptor, C-130 Hercules, A-4AR Fightinghawk and the DSCS-3 satellite. Martin Marietta products included Titan rockets, Sandia National Laboratories (management contract acquired in 1993), Space Shuttle External Tank, Viking 1 and Viking 2 landers, the Transfer Orbit Stage (under subcontract to Orbital Sciences Corporation) and various satellite models. Six companies not kept after the merger became the foundation for today's L-3 Communications, a mid-sized defense contractor in its own right.
Shortly after the creation of the company Lockheed Martin acquired the majority of Loral Corporation's defense electronics and system integration businesses for $9.1 billion. The remainder of Loral became Loral Space & Communications.
In 1998, Lockheed Martin abandoned plans to merge with Northrop Grumman due to government concerns over the potential strength of the new group (Lockheed/Northrop would have had control of 25% of the Department of Defense's procurement budget).
In September 1999, the Mars Climate Orbiter smashed into the surface of Mars and was destroyed due to a failure to convert imperial measures of rocket thrust (pounds) to metric measures (Newtons). Lockheed, the prime contractor for the mission, measured the thruster firings in pounds, even though the National Aeronautics and Space Administration had requested metric measurements. The $250 million dollar spacecraft burned up or broke apart in the Mars' atmosphere due to the error. Lockheed accepted blame for the demise of the craft after an investigation revealed that the Lockheed team incorrectly programmed the Mars Climate Orbiter with English units instead of metric units.
In 2000, Lockheed agreed to pay a $13 million settlement to the U.S. government for breaching the arms export control act. The company passed information to AsiaSat, of which a major shareholder is the Chinese government. According to the U.S. Department of State, the information given to AsiaSat may have helped China improve its missiles. In May 2000, Lockheed Martin sold Lockheed Martin Control Systems to BAE Systems. In November 2000, Lockheed completed the sale of its Aerospace Electronic Systems business to BAE Systems for $1.67 billion. This group encompassed Sanders Associates, Fairchild Systems, and Lockheed Martin Space Electronics & Communications.
In 2001 Lockheed Martin won the contract to build the F-35 Lightning II. This is the most important fighter aircraft procurement project since the F-16, with an initial order of 3,000 worth $200 billion before export orders.
In 2003, Lockheed Martin benefited from a U.S. Air Force decision to punish the Boeing Company for conducting industrial espionage against its rival. The USAF revoked $1 billion worth of contracts from Boeing and awarded them to Lockheed Martin. The company sued Boeing in 1998 for stealing documents related to a military contract.
On January 12, 2006, the U.S. Army pulled the plug on an $879 million Aerial Common Sensor contract with Lockheed Martin. The Army found that the weight of the Aerial Common Sensor electronics payload exceeded the Embraer 145 airframe, which was Lockheed's selected aircraft.
In May 2006 it was reported in The Washington Post that when Robert Stevens took control of Lockheed Martin in 2004, he faced the dilemma that within 10 years 100,000 of the about 130,000 Lockheed Martin employees would be retiring.[2]
In 2006, Lockheed Corporation won a 3.9 billion dollar contract from NASA on August 31 to design and build the CEV capsule, also known as the Orion, for the nation’s next spaceship for human flight, for the Ares I rocket in the Constellation Program.
C-130 Hercules; in production since the 1950s, now as the C-130JOn November 2, 2006, the $154 million Mars Global Surveyor suffered a critical malfunction. It had completed its primary mission in 2001 and was on its third extended mission when it finally failed. NASA reported on April 13, 2007 that the malfunction was caused by a faulty command sent from Lockheed Martin Space Systems in Denver caused an onboard battery to overheat, eventually causing a loss of power. The spacecraft was lost when the power loss cut off communications with the orbiter.
On December 1, 2006 all of Lockheed Martin's commercial launch operations were transferred to the United Launch Alliance (ULA). This is a joint venture between Lockheed Martin and Boeing, first announced May 2, 2005.
On February 13, 2007 a New Mexico State Court found Sandia Corporation, a wholly owned subsidiary of Lockheed Martin, liable for $4.7 million in damages for the firing of a former network security analyst, Shawn Carpenter. Mr. Carpenter had reported to his supervisors that hundreds of military installations and defense contractors' networks were compromised and sensitive information was being stolen -- including hundreds of sensitive Lockheed documents on the Mars Reconnaissance Orbiter project. When his supervisors told him to drop the investigation and do nothing with the information, he went to intelligence officials in the United States Army and later the FBI to address the national security breaches. When Sandia Corporation management discovered his actions months later, they revoked his security clearance and fired him.
GOOD LUCK TO US ALL AND HAVE FAITH
The current Address Interpretation System is contracted by the Royal Mail Group to Lockhead Martin. The following is copied from Wikipedia:
History
Lockheed Martin was formed by a "merger of equals", both companies contributing important products to the new portfolio. Lockheed products included the Trident missile, P-3 Orion, F-16 Fighting Falcon (the production line being purchased from General Dynamics in 1993), F-22 Raptor, C-130 Hercules, A-4AR Fightinghawk and the DSCS-3 satellite. Martin Marietta products included Titan rockets, Sandia National Laboratories (management contract acquired in 1993), Space Shuttle External Tank, Viking 1 and Viking 2 landers, the Transfer Orbit Stage (under subcontract to Orbital Sciences Corporation) and various satellite models. Six companies not kept after the merger became the foundation for today's L-3 Communications, a mid-sized defense contractor in its own right.
Shortly after the creation of the company Lockheed Martin acquired the majority of Loral Corporation's defense electronics and system integration businesses for $9.1 billion. The remainder of Loral became Loral Space & Communications.
In 1998, Lockheed Martin abandoned plans to merge with Northrop Grumman due to government concerns over the potential strength of the new group (Lockheed/Northrop would have had control of 25% of the Department of Defense's procurement budget).
In September 1999, the Mars Climate Orbiter smashed into the surface of Mars and was destroyed due to a failure to convert imperial measures of rocket thrust (pounds) to metric measures (Newtons). Lockheed, the prime contractor for the mission, measured the thruster firings in pounds, even though the National Aeronautics and Space Administration had requested metric measurements. The $250 million dollar spacecraft burned up or broke apart in the Mars' atmosphere due to the error. Lockheed accepted blame for the demise of the craft after an investigation revealed that the Lockheed team incorrectly programmed the Mars Climate Orbiter with English units instead of metric units.
In 2000, Lockheed agreed to pay a $13 million settlement to the U.S. government for breaching the arms export control act. The company passed information to AsiaSat, of which a major shareholder is the Chinese government. According to the U.S. Department of State, the information given to AsiaSat may have helped China improve its missiles. In May 2000, Lockheed Martin sold Lockheed Martin Control Systems to BAE Systems. In November 2000, Lockheed completed the sale of its Aerospace Electronic Systems business to BAE Systems for $1.67 billion. This group encompassed Sanders Associates, Fairchild Systems, and Lockheed Martin Space Electronics & Communications.
In 2001 Lockheed Martin won the contract to build the F-35 Lightning II. This is the most important fighter aircraft procurement project since the F-16, with an initial order of 3,000 worth $200 billion before export orders.
In 2003, Lockheed Martin benefited from a U.S. Air Force decision to punish the Boeing Company for conducting industrial espionage against its rival. The USAF revoked $1 billion worth of contracts from Boeing and awarded them to Lockheed Martin. The company sued Boeing in 1998 for stealing documents related to a military contract.
On January 12, 2006, the U.S. Army pulled the plug on an $879 million Aerial Common Sensor contract with Lockheed Martin. The Army found that the weight of the Aerial Common Sensor electronics payload exceeded the Embraer 145 airframe, which was Lockheed's selected aircraft.
In May 2006 it was reported in The Washington Post that when Robert Stevens took control of Lockheed Martin in 2004, he faced the dilemma that within 10 years 100,000 of the about 130,000 Lockheed Martin employees would be retiring.[2]
In 2006, Lockheed Corporation won a 3.9 billion dollar contract from NASA on August 31 to design and build the CEV capsule, also known as the Orion, for the nation’s next spaceship for human flight, for the Ares I rocket in the Constellation Program.
C-130 Hercules; in production since the 1950s, now as the C-130JOn November 2, 2006, the $154 million Mars Global Surveyor suffered a critical malfunction. It had completed its primary mission in 2001 and was on its third extended mission when it finally failed. NASA reported on April 13, 2007 that the malfunction was caused by a faulty command sent from Lockheed Martin Space Systems in Denver caused an onboard battery to overheat, eventually causing a loss of power. The spacecraft was lost when the power loss cut off communications with the orbiter.
On December 1, 2006 all of Lockheed Martin's commercial launch operations were transferred to the United Launch Alliance (ULA). This is a joint venture between Lockheed Martin and Boeing, first announced May 2, 2005.
On February 13, 2007 a New Mexico State Court found Sandia Corporation, a wholly owned subsidiary of Lockheed Martin, liable for $4.7 million in damages for the firing of a former network security analyst, Shawn Carpenter. Mr. Carpenter had reported to his supervisors that hundreds of military installations and defense contractors' networks were compromised and sensitive information was being stolen -- including hundreds of sensitive Lockheed documents on the Mars Reconnaissance Orbiter project. When his supervisors told him to drop the investigation and do nothing with the information, he went to intelligence officials in the United States Army and later the FBI to address the national security breaches. When Sandia Corporation management discovered his actions months later, they revoked his security clearance and fired him.
GOOD LUCK TO US ALL AND HAVE FAITH
It is from numberless diverse acts of courage and belief that human history is shaped. Each time a man stands up for an ideal, or acts to improve the lot of others, or strikes out against injustice, he sends forth a tiny ripple of hope, and crossing each other from a million different centers of energy and daring, those ripples build a current that can sweep down the mightiest walls of oppression and resistance.
Robert F. Kennedy (1925 - 1968), South Africa, 1966
Robert F. Kennedy (1925 - 1968), South Africa, 1966
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