Company type | Private |
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Industry | Computers |
Founded | 1969Bensalem Township, Pennsylvania, United States | , in
Founder | Theodor Herzl Levine |
Defunct | July 1992 |
Fate | Acquired by Adobe Inc. |
Headquarters | Huntingdon Valley, Pennsylvania, United States |
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Products |
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Number of employees | 30+ (1988) |
OCR Systems, Inc., was an American computer hardware manufacturer and software publisher dedicated to optical character recognition technologies. The company's first product, the System 1000 in 1970, was used by numerous large corporations for bill processing and mail sorting. Following a series of pitfalls in the 1970s and early 1980s, founder Theodor Herzl Levine put the company in the hands of Gregory Boleslavsky and Vadim Brikman, the company's vice presidents and recent immigrants from the Soviet Ukraine, who were able to turn OCR System's fortunes around and expand its employee base. The company released the software-based OCR application ReadRight for DOS, later ported to Windows, in the late 1980s. Adobe Inc. bought the company in 1992.