BNET Industries
Last Fiscal Year Sales:$10.0M
- Private
- US
Dow Jones Description
"Relentless" best describes Parascript's cognitive and artificial intelligence scientists. They make automated check and remittance processing, fraud detection and prevention, forms processing and mail processing possible. No other solution captures all character types from any form, including cursive (NHR ), handprint (ICR) and machine print (OCR). Parascript's ability to solve complex data capture and interpretation problems helps commercial and government organizations transform data into electronic information that automates costly data entry, saves time and improves decision quality.
President and CEO
Jeffrey GilbNumber of Employees 100
Contact Information
6899 Winchester Cir Ste 200
Boulder, Colorado 80301
(303) 381-3100
Peer Companies
NAICS Code Custom Computer Programming Services: 541511
Recent Events
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Computer-Aided Detection Software enhances medical imaging.
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Parascript Announces A New Release of its Recognition and Verification Software for the Brazil Market
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New Release of Recognition and Verification Software for Brazilian Checks From Parascript...
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Parascript Signature Verification Technology Used by Moscow Law Firm to Detect Signature...
News & Analysis
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parascript llc - All News and Analysis
Parascript Technology Wins Online Signature Verification Competition
- Parascript SignatureOnline delivered the lowest error rate for online signature verification among 12 participants from eight countries at Netherlands Forensic Institute, in conjunction with the Tenth International Conference on Document Analysis and Recognition - BOULDER, Colo., Aug. 10 /PRNewswire/ -- Parascript, LLC, the image analysis...
Parascript Signature Verification Technology Used by Moscow Law Firm to Detect Signature Fraud in $160,000 Debt Collection Case
-- Results from Parascript SignatureXpert confirm that signatures on financial documents were fraudulent, and enabled the Arbitration Court of Moscow to initiate forensic examination and expert study -- BOULDER, Colo., June 22 /PRNewswire/ -- Parascript, LLC, the image analysis and pattern recognition technology provider, today announced...
Parascript Signature Verification Technology Used by Moscow Law Firm to Detect Signature Fraud in US$160,000 Debt Collection Case.
BOULDER, Colorado, June 22 /PRNewswire/ -- -- Results from Parascript SignatureXpert confirm that signatures on financial documents were fraudulent, and enabled the Arbitration Court of Moscow to initiate forensic examination and expert study -- Parascript, LLC,...
Companies Say Costs Can Be Cut
Synergent, an item processor for credit unions, has teamed up with Parascript and VSoft Corp. to reduce costs associated with manual item capture, processing and delivery, including courier services, using VSoft’s Branch Capture product that includes Parascript’s check recognition technology. “We have significantly reduced item processing costs and improved...
Mitek pulls out of proposed merger with Boulder Company
Mitek Pulls Out Of Merger: Mitek Systems Inc., a San Diego maker of image analytic software for the financial services industry, terminated its proposed merger with Parascript, a Colorado firm that makes similar software. In a Jan. 23 filing with the SEC, Mitek said it "has accrued a variety...
Mitek Systems Reports Operating Results for Fourth Quarter and Fiscal Year 2006
SAN DIEGO -- Mitek Systems, Inc. (OTC Bulletin Board: MITK, www.miteksystems.com), a leading provider of image analytics and intelligent character recognition software, today announced financial results for the fourth quarter and fiscal year ended September 30, 2006. "Fiscal 2006 was a transition year in which the remaining convertible debt...
Mitek Systems Files Merger-Related Registration Statement with Securities & Exchange Commission
SAN DIEGO -- Mitek Systems, Inc. (OTC Bulletin Board: MITK) announced that it filed today with the Securities and Exchange Commission a Registration Statement on Form S-4 containing a preliminary Proxy Statement/Prospectus and other materials relating to the Company's proposed merger with Parascript, LLC, of Boulder, Colorado, and Mitek common...
Elsag Partners With Parascript to Automate Moscow Postal Center.
BOULDER, Colorado and AMSTERDAM, Netherlands, Post-Expo Stand C2060, October 10 /PRNewswire/ -- - Partnership to Create the First Automated Post in the Russian Federation Elsag, a Finmeccanica company and leading Automation, Logistics and Security provider in Italy, today announced a business...
Applied Intelligence Solutions LLC tech startup of the month
INITIAL LIGHTBULB When Jeff Gilb took the reins of Boulder-based Parascript LLC, an international leader in pattern-recognition software, in 2000, he pushed to adapt the company's technology for new verticals. After a few years of internal incubation, the company spun off a startup in Applied Intelligence Solutions to provide...
SQN Integrates Parascript's Check Recognition Technology to Detect Fraud; One of World's Five Largest Banks Implements Integrated Fraud Detection Solution
BOULDER, Colo. & RANCOCAS, N.J. -- SQN Banking Systems, a leading provider of integrated fraud detection and process improvement products for the financial industry, and ParascriptR, LLC, the intelligent recognition technology provider, today announced the successful integration of a new image survivable security feature, SENTRY: SealTM, into one of the...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Jeffrey Gilb | President and CEO |
| Alan C. Williamson | CFO |
| Ilia Lossev | Chief Technology Officer |
| Alexander Filatov | Dr. Alexander Filatov, Senior Vice President, Product Development and Engineering |
| Brian Ball | Vice President |
| John Buck | Vice President for Business Development |
| Mike Fenton | Vice President, Sales and Operations |
| Paula Barton | Vice President of Human Resources |
| James Dixon |
| Organization | Position | Status |
|---|---|---|
| Siemens Corporation | Former | |
| Banctec, Inc. | Former | |
| Unisys Corporation | Former | |
| Claremont Graduate School | MBA | Former |
| California State Polytechnic University | BA | Former |
| Organization | Position | Status |
|---|---|---|
| Parascript LLC | CFO | Current |
| Quark, Inc. | Former | |
| University of Colorado | MBA and BS in Finance and Accounting | Former |
Dr. Lossev has over 28 years of research and development expertise in the fields of pattern recognition, computer vision and applying artificial intelligence technologies to real world problems. As chief technology officer at Parascript, Dr. Lossev is responsible for advanced research and development. Prior to Parascript, he worked for ParaGraph International, Silicon Graphics and Vadem. Dr. Lossev holds a Ph.D. in Mathematical Biophysics from the Institute of Biophysics of the USSR Academy of Science. His M.S. in Mathematics is from the Moscow State University.
| Organization | Position | Status |
|---|---|---|
| Parascript LLC | Chief Technology Officer | Current |
Dr. Filatov has been with Parascript since it was founded in 1996. His 20 years of research and development expertise in the fields of pattern recognition, image processing and artificial intelligence have proven invaluable in his leadership of the product development and engineering department. Prior to 1996, Dr. Filatov was a key member of the research and development management team at ParaGraph International, whose handwriting recognition technology is used today in the Microsoft XP Tablet PC Operating System. Dr. Filatov received his Ph.D. in Applied Mathematics from the Moscow State Technical University and earned his masters degree in Applied Mathematics from the Moscow Institute of Oil and Gas.
| Organization | Position | Status |
|---|---|---|
| Parascript LLC | Dr. Alexander Filatov, Senior Vice President, Product Development and Engineering | Current |
| Organization | Position | Status |
|---|---|---|
| Parascript LLC | Vice President | Current |
| Worldres, Ltd. | Former | |
| Texas Tech University | BS In Electrical Engineering and Computer Science | Former |
With 22 years of corporate strategy and sales management experience, Mr. Buck has led new product development, created business venture opportunities and managed national sales teams. His expertise encompasses a variety of industries including: government, financial, retail, telecommunications and utilities. As vice president for business development at Parascript, Mr. Buck is responsible for augmenting business growth and leading new partner development efforts. Prior to joining Parascript, Mr. Buck served as senior vice president of sales and corporate relationships for a joint venture company in Canada established by U.S. based Fiserv. In this position, he was responsible for international strategic alliances and the integration of business process outsourcing solutions. Other experiences include his tenure as senior vice president for corporate accounts at Fiserv, U.S, and senior sales, marketing and management positions with; National Processing Company, Recognition International and Unisys Corporation. Mr. Buck earned his degree in Business Administration from California State University at Fullerton and has completed advanced programs in sales, management, marketing and business strategies.
| Organization | Position | Status |
|---|---|---|
| Parascript LLC | Vice President for Business Development | Current |
| Fiserv, Inc. | senior vice president | Former |
| California State University | Degree In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Parascript LLC | Vice President, Sales and Operations | Current |
| Syracuse University | MBA | Former |
| University Corp. | BA In Banking and Finance | Former |
Ms. Barton brings more than 22 years of human resources administration and management to Parascript. She is responsible for overseeing all compensation and benefits administration, and training and recruiting of high-tech talent. Prior to joining Parascript, Ms. Barton served as vice president of human resources for Astarte, Inc., which formed the Russian-based company ParaGraph International and later spun off Parascript as its own entity. She also held the position of senior human resources representative for Storagetek, where she helped the company meet heavy recruiting requirements for highly technical personnel.
| Organization | Position | Status |
|---|---|---|
| StorageTek | Representative | Former |
| Organization | Position | Status |
|---|---|---|
| Parascript LLC | Current |
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