Parascript, Boulder, CO, a recognition software vendor, announced yesterday the release of AddressScript Parcel.
AddressScript Parcel is based on Parascript's Total Recognition technology, which recognizes all character types — cursive, handprint and machine print — on forms, reducing reliance on manual keying. This allows greater productivity and lower operating costs in industries such as mail and packaging, banking and finance, healthcare and insurance.
Building on Parascript's flagship AddressScript software, which processes 67 billion letters and flats a year, AddressScript Parcel handles the most difficult mail stream — parcels.
Parcels, unlike letters and flats, pose recognition challenges including marker and other thick inks that make readability of critical fields tougher. Using neural net technologies, AddressScript Parcel identifies addresses, removes background markings and recognizes relationships between critical fields on a mail piece.