Parascript’s Intelligent Document Processing solution, FormXtra.AI 8.4, introduces significant improvements when automating the extraction of complex data.

LONGMONT, Colo., Jan. 31, 2023 /PRNewswire/ — Parascript, a software company with more than 25 years of experience in data extraction, has released a new version of its Intelligent Document Processing (IDP) solution, FormXtra.AI 8.4. This new version adds multi-language support for content-free handwriting recognition in French, German, Spanish, and Portuguese; nested tables support for better recognition and extraction of data in complex tables; and significant improvements to full-page intelligent character recognition (ICR), trainable fields based on natural language processing (NLP) algorithms, and dynamic signature field location for unstructured documents.

“Version 8.4 is huge leap forward for FormXtra.AI. Our R&D team has implemented numerous improvements to increase accuracy and efficiency when automating data extraction from traditionally difficult documents to automate. We’re excited to see the levels of accuracy achievable with documents that include a combination of handwriting and machine print alongside complex tables.” – Dawn Wood, VP Sales.

FormXtra.AI is Parascript’s premier IDP software that builds upon the original FormXtra software by enhancing it with the most innovative trends and approaches that exist in deep learning and natural language processing. FormXtra.AI has high universality, which allows the software to classify and extract data in any type of document despite format, style of text, and complexity.

Multi-language Support

FormXtra.AI 8.4 now provides context-free reading of any type of handwritten text for a broader range of Latin and Cyrillic-based languages than ever before. Vocabulary-free data extraction is now available for documents written in English, French, German, Russian, Spanish, and Portuguese.

Full-Page ICR Improvements

Automating the extraction of a full page of handwritten and machine-printed data at high accuracy levels is complicated, but now, this complex automation task is more accessible than ever before. In FormXtra.AI 8.4, the Parascript development team has improved its proprietary ICR technology to achieve better performance when recognizing and extracting full-page data. This full-page extraction capability is complemented by artificial intelligence for improvements to accuracy over time.

Nested Tables Support

This innovative solution allows FormXtra.AI 8.4 to fully automate data extraction from complex tables, including tables with irregular structure and tables nested within tables. It is ready to use on any type of document (structured, semi-structured, and unstructured), and its wide implementation capabilities make this feature a universal capability for use in many applications and many industries.

Trainable Fields

FormXtra.AI 8.4 includes enhanced capability when locating and extracting paragraphs of text in documents with meaning similar to the meaning of paragraphs used for training. This capability implements a proprietary approach to NLP technology that can be efficiently trained on a limited set of samples (3-50). Using this NLP technology, the software can efficiently solve challenging tasks such as extracting key contractual terms in a legal document, extracting named entities in unstructured documents, locating paragraphs related to the legal description of property within contracts, provide sentiment analysis, and much more.

Parascript

Parascript’s software saves companies over $1 billion annually. Parascript state-of-the-art software incorporates proprietary AI technologies to provide robust data capture solutions that bring the highest levels of accuracy when processing documents. With over three decades of experience applying AI to solve complex problems, Parascript can automate document-oriented processes in structured, semi-structured, and unstructured formats, drastically reducing human involvement. Parascript has automated the postal industry, mortgage, payment processing, and hundreds of other processes.

CONTACT: Maria Komiyama, maria.komiyama@parascript.com

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LG SHOWCASES PORTFOLIO OF ADVANCED HOME APPLIANCES WITH “LIFE ON THE UP” AT KBIS 2023

Headlined by the Ultra-Premium ‘Signature Kitchen Suite’ Built-in Lineup,
Latest Premium Appliances Offer New Options for a More Personalized Home

SEOUL, South Korea, Jan. 31, 2023 /PRNewswire/ — LG Electronics (LG) is presenting its state-of-the-art kitchen and living appliance lineups at the 2023 Kitchen & Bath Industry Show (KBIS), taking place at the Las Vegas Convention Center in Las Vegas, Nevada, USA, from January 31 to February 2.

LG Electronics highlights the personalized convenience through LG ThinQ UP and ThinQ Care features.

Under the theme of ‘Life on the UP,’ LG’s exhibit showcases the modern design and advanced technology of the company’s latest appliances while highlighting the personalized convenience they provide through the addition of ThinQ UP and ThinQ Care features – now available on LG’s premium built-in lineups for the very first time. Featuring eight unique zones, LG’s booth explores diverse consumer lifestyles and aesthetics with each zone representing a different, well-known American city, location or landmark, and each displaying a selection of new, cutting-edge LG appliances.

SIGNATURE KITCHEN SUITE 36-inch Gas Pro Range and 48-inch French-Door Refrigerator at KBIS 2023 Presented by LG Electronics.

Visitors to KBIS 2023 can discover the latest premium kitchen solutions from luxury built-in brands, Signature Kitchen Suite and LG STUDIO, both of which offer the refined design and personalization options that today’s consumers want for their homes. The new Signature Kitchen Suite 48-inch built-in refrigerator comes in stainless steel or panel-ready option and boasts Signature Fit™ Integrated Design; enabling a seamless match with any interior décor and giving customers the choice of proud or flush installation.

Also on show at KBIS is LG’s new Signature Kitchen Suite 36-inch gas cooktop. The impressive appliance features five, powerful brass burners totaling 67,500 BTUs – including a 24,000-BTU[1] Ultra-High™ dual burner with a convertible wok grate – which is the most of any cooktop in the luxury kitchen category. Additionally, the new cooktop is available with an easy-to-clean porcelain-coated cooking surface, while the LG STUDIO kitchen package now offers customers an elegant, new handle color – rose gold – to choose from.

SIGNATURE KITCHEN SUITE 30-inch Combi Wall Oven, 36-inch Gas Pro Range and 48-inch French-Door Refrigerator at KBIS 2023 Presented by LG Electronics.

For hassle-free cleanup, the Signature Kitchen Suite’s PowerSteam® dishwasher can complete a full cycle in less than one hour thanks to LG’s QuadWash™ Pro and Dynamic Heat Dry™ technologies, the latter of which circulates hot air throughout the appliance’s interior. The sleek, stainless steel dishwasher, which has ‘hidden’ controls located on top of its door, uses TrueSteam® to help remove caked-on food and reduce water spots, while QuadWash Pro uses high-pressure jets of water to clean dishware from multiple angles.

LG is also exhibiting its personalized living solutions at this year’s show, with ThinQ UP appliances such as the latest washer and dryer pair, a new minimalism concept kitchen appliances lineup, and lastly, the new MoodUP™ by LG STUDIO – a fridge with color-changing door panels (23 colors available for the upper panel and 19 for the lower) that can be easily controlled via the LG ThinQ app. ThinQ UP, which enables users to continuously upgrade their appliances with additional features, will soon be coming to LG’s built-in appliances – including the Signature Kitchen Suite and LG STUDIO lineup – as will ThinQ Care features designed to help users protect and get the most out of their LG solutions.

What’s more, LG is presenting entertaining events at the show to allow visitors to experience its products and brand values first-hand. In the Las Vegas-themed zone of the company’s booth, Signature Kitchen Suite chefs, Nick Ritchie from Napa Valley and Austin Kang from Seoul, are giving cooking demonstrations using Signature Kitchen Suite appliances to prepare delectable treats for attendees. LG is also hosting an exclusive party in its booth’s New York-themed zone on the evening before KBIS 2023 opens. Along with music and a colorful LED lighting display provided by the customizable MoodUP™ by LG STUDIO, guests will be able to enjoy delicious desserts made using the ultra-convenient Scan to Cook feature on LG STUDIO cooking appliances.

“At KBIS 2023, we will introduce the exceptional, personalized experience offered by our ultra-premium built-in appliances and ThinQ UP,” said Lyu Jae-cheol, president of LG Electronics Home Appliance & Air Solution Company. “LG will continue to deliver smart, stylish kitchen and living solutions designed to enhance consumers’ homes and daily lives.”

Visitors to LG’s booth (West Hall #3045, Las Vegas Convention Center) at KBIS 2023 will have the opportunity to experience the full portfolio of LG kitchen and living appliances.

[1] British Thermal Unit (BTU) is a unit of heat.

About Signature Kitchen Suite

Signature Kitchen Suite delivers innovation in the luxury built-in kitchen appliance market with leading-edge technology that provides more flexibility to prepare food in the best possible way, demonstrating respect for the food at every level. The new luxury brand from global home appliance leader LG Electronics, Signature Kitchen Suite is embracing a new generation of forward-thinking Technicurean™ cooks, combining their passion for food with their appreciation for innovation. From the first-of-its-kind built-in sous vide range to the industry’s only built-in French Door refrigerator with a convertible middle drawer, Signature Kitchen Suite’s versatile and high-performance appliances deliver the ultimate precision cooking experience. Visit www.signaturekitchensuite.com or follow the brand on social channels @SKSappliances.

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‫تكمل شركة ديفيدسون كيمبنر عملية الاستحواذ على محفظة قروض بقيمة 1.1 مليار دولار أمريكي من بنك أبوظبي التجاري

لندن, 31 يناير / كانون الثاني 2023 /PRNewswire/ —  أكملت صناديق الاستثمار التي نصح بها ديفيدسون كيمبنر كابيتال مانجمنت إل بي (“ديفيدسون كيمبنر”) عملية الاستحواذ على محفظة القروض المتعثرة (“المحفظة”) من بنك أبوظبي التجاري (“ADCB”)، وهو بنك تجاري متكامل الخدمات يركز بشكل أساسي على دولة الإمارات العربية المتحدة.

 تمثل الصفقة أول عملية بيع لمحفظة كبيرة من القروض المتعثرة من قبل بنك أبوظبي التجاري، ويُعتقد أنها أكبر صفقة من هذا القبيل تم تنفيذها حتى الآن في دولة الإمارات العربية المتحدة. تتكون المحفظة التي استحوذ عليها ديفيدسون كمبنر من 44 قرضًا للشركات الصغيرة والمتوسطة في الإمارات العربية المتحدة، بقيمة اسمية إجمالية تبلغ 4.2 مليار درهم (1.1 مليار دولار أمريكي / 925 مليون جنيه إسترليني).

سوف تعمل شركة Seapoint Capital Limited بمثابة الخادم الخاص لشركة شركة ديفيدسون، وستقوم شركة Reviva Capital S.A بدور خادم القرض لشركة شركة ديفيدسون.

للاستفسارات الإعلامية:

Davidson Kempner Capital Management LP

Greenbrook

Rob White/Matthew Goodman/Teresa Berezowski

DavidsonKempner@greenbrookadvisory.com

‎+44 207 952 2000

ملاحظات للمحررين

نبذة عن شركة Davidson Kempner Capital Management LP

Davidson Kempner Capital Management LP هي شركة عالمية لإدارة الاستثمار تتمتع بخبرة تزيد عن 39 عامًا وتركز على الاستثمار الأساسي مع نهج متعدد الإستراتيجيات. تمتلك شركة ديفيدسون ما يقرب من 36 مليار دولار من الأصول الخاضعة للإدارة وأكثر من 500 موظف في سبعة مكاتب: نيويورك وفيلادلفيا ولندن ودبلن وهونج كونج وشنتشن ومومباي. معلومات إضافية متاحة في:  www.davidsonkempner.com .