DALLAS, Tx. and PEABODY, Mass., July 7, 2004 - ScanSoft, Inc. (Nasdaq: SSFT), the global leader of speech and imaging solutions, and Carreker Corporation (Nasdaq: CANI), a leading provider of technology and consulting solutions for the financial services industry, today announced that Carreker has included the ScanSoft® OmniPage® Capture Software Development Kit (SDK) with its Payee Name Verification (PNV) solution, which adds additional security to financial institutions by identifying possible payee name alterations and flagging suspect items for further investigation, significantly reducing the risk of fraudulent checks and enhancing positive pay systems for institutions who use them.

Many organizations and financial institutions rely on positive pay systems to protect their account-drawn checks from being counterfeited or altered by providing corporations with a check issue file, containing the natural elements of the check to be matched within. While these systems detect alterations and fraud applied to many elements of a check, including check number and amount, most do not match payee name with the intended recipient, creating a glaring loophole for potential fraud. Combining ScanSoft's sophisticated OCR technology with Carreker's own proprietary OCR expertise, Carreker's image-based PNV solution closes this gap, and quickly and effortlessly matches payee name with the information on file - virtually eliminating check fraud for positive pay customers.

In addition to detecting payee name alterations, Carreker's PNV is an easy-to-implement software solution that offers banks a number of additional benefits including fraud detection for an Image Replacement Document (IRD) or image environment and increased efficiency and reduced false positives through complete automation of the check review process. ScanSoft's Capture Development System allows Carreker to quickly add the new recognition capabilities to its software application, significantly speeding time-to-market while lowering development costs.

"In our continuing quest to provide best of class solutions, ScanSoft's complementary, advanced imaging capabilities allow us to offer even more fraud protection for our positive pay clients," said Thomas G. Gordon, senior vice president, Risk Solutions Group, Carreker. "Our Payee Name Verification solution provides our customers with a simple, cost-effective solution that is both affordable and reliable. ScanSoft's technology is extremely accurate, and affords our clients a high level of confidence that their transactions are protected."

"The agreement with Carreker demonstrates how OCR can offer customers significant time and cost savings - and, as in this case, be the cornerstone for a host of critical solutions," said Robert Weideman, senior vice president, ScanSoft Productivity Applications. "It's clear that there is a new generation of OCR solutions - well beyond simple scanning and document capture - that are moving into the realm of critical business applications with significant impact, in both enterprise and real-world applications."

About ScanSoft OmniPage Capture SDK

Designed for optimal 32-bit application development, the ScanSoft OmniPage Capture SDK is everything a developer needs to quickly add sophisticated imaging, recognition and PDF capabilities to commercial and in-house software applications and is used in the leading commercial applications that support imaging and OCR, including Autodesk Raster Design, Canon imageWARE, Cardiff TELEform, FileNET Panagon Capture, Kofax Ascent Capture, Microsoft Office XP, Microsoft SharePoint.

About ScanSoft, Inc.

ScanSoft, Inc. (Nasdaq: SSFT) is the global leader of speech and imaging solutions that are used to automate a wide range of manual processes - saving time, increasing worker productivity and improving customer service.

About Carreker Corporation

Carreker Corporation improves earnings for financial institutions around the world. The Company's integrated consulting and software solutions are designed to increase clients' revenues and reduce their expenses, while improving security and increasing the value of their customer relationships. Carreker provides products and services to more than 250 clients in the United States, Canada, the United Kingdom, Ireland, continental Europe, Australia, New Zealand, South Africa, South America, Mexico, and the Caribbean. Clients include the full range of community, regional and large banks, among them more than 75 of the largest 100 banks in the United States. Headquartered in Dallas, Texas since 1978, Carreker Corporation has offices in London and Sydney. For more information, visit www.carreker.com.

Trademark reference: ScanSoft and OmniPage are trademarks or registered trademarks of ScanSoft, Inc. and/or its subsidiaries in the United States and other countries. All other company names and products names mentioned may be to the trademarks of their respective owners.

This press release may contain statements related to future events and expectations and, as such, may constitute forward-looking statements. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of ScanSoft to be different from those expressed or implied above. ScanSoft expressly disclaims any duty to update or revise forward-looking statements. The risks and uncertainties that forward-looking statements are subject to include, but are not limited to, the effect of governmental regulations, the economy, competition and other risks detailed from time to time in the "Management's Discussion and Analysis" section of ScanSoft's Form 10-K and other reports and filings with the Securities and Exchange Commission.

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