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Friday, April 18, 2003

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A2iA’s Advanced Handwriting Recognition Technology Integrates with Gilson & Associates check Mine™ System

Improves Security & Gives Competitive Marketing Advantage to Better Serve Customers

Announced April 17, 2003

Check Mine, a new solution to enhance security for the financial services industry, was announced on April 7. 2003 by A2iA Corp., a world-leader and developer of Intelligent Word Recognition (IWR) software applications for cursive handwriting recognition and machine-print documents and Gilson & Associates, a payment systems technology company that provides innovative software solutions and consulting services to the banking industry.

"The system can be used in conjunction with a bank's Positive Pay system to verify payee information, and enable financial institutions to cross reference payee information with the database of the Office of Foreign Asset Control (OFAC)," said John Askew, Consultant, Fraud Control Solutions. This helps banks comply with the regulations set forth in the U.S. Patriot Act.

By using the Check Mine system, a financial institution can select which streams of check images to target and then extract the handwritten courtesy amount, payer information and the payee name. In addition to improving security, this mined information can be analyzed to determine how it meshes with the bank's marketing efforts. The system can target images by querying host-based transaction files such as in CPCS and then store the mined information on a server where it can be viewed in a number of formats including, CSV, Text or XML. This new solution allows financial institutions to better understand and leverage untapped transaction and customer information already contained in their current payment databases.

Check Mine analyzes payer information so that corporate customers can receive demographic payment information from their deposits and better understand their customer payment trends. This gives banks an opportunity to cross-sell additional services to their customers, giving financial institutions a competitive advantage by improving the accuracy of an institution's marketing efforts.

Check Mine allows all institutions that have implemented any form of check imaging to leverage these

images to provide new services to customers. The system is not dependent on any single imaging application such as POD, Image Statements or Image Archive.

"We expect the integration of A2iA CheckReader™ to allow us to create new technologies in the financial payment industry; technologies that will strengthen security, improve customer relationships and enable financial institutions to leverage their investment in check imaging," said Jim Fancher, CEO, Gilson & Associates, Inc.

"Collaboration between Gilson and A2iA has created advanced recognition capabilities that are paving the way for a more secure future," said J.L. Fages, CEO, A2iA Corp. "Businesses today are looking for the next generation in technology solutions that will allow them to better understand their customers and identify and eliminate perpetrators. We are confident that our combined efforts will have a major impact on the industry."

A2iA's software, A2iA CheckReader, is employed by financial institutions worldwide for its full-check recognition capabilities. Available in four languages and 17 international, country specific versions, it uses its own advanced recognition technology to locate, clean, de-slant and segment cursive writing into words and characters.

A2iA CheckReader not only reads the dollar amounts on checks and deposit slips, but all of the handwritten and machine-printed fields. This includes the date, payer and payee names, address block, MICR line as well as the ability to detect signatures. In addition to being valuable for marketing and CRM purposes, this data can help institutions track terrorist, fraud and other money laundering activity, supporting the Patriot Act, enacted after Sept. 11, 2001.

Check mine is the best new solution enabling U.S. banks to be able to convert checks and other financial documents into both images and data.

About A2iA Corp.

A2iA (Artificial Intelligence & Image Analysis), founded in 1991, headquartered in New York and Paris, is a leading developer of technology for reading machine print and natural handwriting, including cursive handwriting from paper documents. A2iA's focus is on recognition for payment systems and paper-intensive industries and their two leading products, A2iA CheckReader and A2iA FieldReader, are helping businesses reduce their data-entry costs. A2iA CheckReader and A2iA FieldReader combine the company's OCR, ICR and Intelligent Word Recognition technologies with its artificial intelligence and neural network systems, making it the most comprehensive advanced recognition engines on the market today. For more information: www.a2ia.com.

About Gilson & Associates

Gilson & Associates is a software technology company providing consulting and innovative software solutions to the financial services industry that enhance the effectiveness of legacy payment systems. Gilson & Associates bridges the gap to new technologies by enabling their timely deployment so as to improve the competitiveness and service levels of both our customers and our industry. In addition, Gilson & Associates offers professional development services and consulting to vendors and banks alike. For more information about Gilson & Associates, visit the company’s Web site at www.gilsonassociates.com

Blodgett Communications

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