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NovoDynamics Company Overview

Art Nicholas
Art Nicholas

Novodynamics is an advanced pattern recognition and analysis software company that develops solutions to extract critical information from complex data sources. It has over 100 staff with expertise in artificial intelligence and data analytics, and provides products for commercial, government, and academic use globally. Key products include NovoVerus for multi-language OCR and Coronado for form recognition.

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Art Nicholas, VP of Sales anicholas@novodynamics.com
Advanced Pattern Recognition & Analysis Software Company Develops and delivers software solutions that provide answers to customers most difficult problems Has unique software technology Extracts critical information from challenging data sources Searches through large, complex, and disparate data sets Makes accurate predictions by finding relevant information Products used throughout the world Commercial, government, and academic customers
Private U.S. company (no foreign ownership) Funding Private investors In-Q-Tel (VC arm of the CIA) Location Headquartered in Ann Arbor, MI Washington, D.C. & Chicago sales offices Staff: Over 100 person-years of relevant R&D experience Artificial intelligence and data analytics focus Proven track record of providing high-impact solutions Broad domain expertise Sciences, engineering, manufacturing, software development 3
Artificial Intelligence research team at ERIM (Environmental Research Institute of 1980s Michigan) develops advanced image processing, statistical modeling, pattern recognition, and data retrieval software algorithms 1997 Scientific team leaves ERIM to start Nonlinear Dynamics 2001 NovoDynamics is created (Nonlinear Dynamics merges with Catalytica Novotec) 2003 In-Q-Tel makes first investment to create document exploitation technology 2005 NovoVerus 1.0 product launch (Middle Eastern OCR software) 2006 In-Q-Tel makes second investment to expand supported languages 2007 NovoVerus 2.0 released (English, Spanish, Urdu languages added) 2008 NovoVerus 3.0 released (Chinese, Korean & Russian languages added) 2009 Coronado product launch (form recognition by appearance software) 2010 Coronado 2.0 released (form recognition by appearance & text software) NovoDocufier 1.0 (form recognition & field extraction support) 2012 NovoImage+ 1.0 (advanced scanned document clean up) NovoVerus 4.0 (enterprise & cloud support features) 4
NovoDynamics Company Overview
Investing in Our Nations Security
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Image Optimization for the Distributed Enterprise Prepares Images to Deliver Superior Accuracy: Cleaner images produce cleaner data. NovoImage+ removes background noise, refines character edges and automatically adjusts contrast to improve recognition. Standardizes Quality: A device-agnostic solution, NovoImage+ can apply the same rigorous standards to images captured by a wide variety of peripherals. Puts the User in Control: Rather than relying solely on device-specific presets, users can adjust default settings to optimize output for different image sources or document types. Boosts Productivity: Improved images yielding greater accuracy accelerate workflow by alleviating the need for human intervention to correct errors, plus fewer false positives will result on data to be verified. Reduces File Size: NovoImage+ can reduce document image file size for more rapid file transfer, more economical storage and more efficient archiving. Automates Pre-Processing: Automated file and batch processing frees up workers for other tasks. 9
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Automatic page classification and data extraction Innovative image-based document recognition combined with field-OCR (as needed) Extracts text from designated fields on selected pages or document types Automatically assign metadata to large volumes of scanned pages Global language ready Currently supports English; prepped for Middle Eastern, Asian, Russian/Slavic and Latin languages Scalable designed for 64-bit operations; takes advantage of multi-core systems Supports both Windows and Linux operating systems Robust and flexible API facilitates integration into third-party applications 12
Corrects Sorts 12 Stacks 3 8 and indicates number of pages in each stack. 32 17 13
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Faster, more accurate, easier and global No pre-sorting or pre-analysis of pages required 60X faster than OCR-based solutions only uses OCR for classification if document types are visually identical Automatic image enhancement is built in for faster and more accurate document recognition and classification Quick and easy to set up, learn and use just point and click to train NovoDocufier to recognize document types no need to define complex rules; no technical specialists needed No need for multiple solutions to manage various languages NovoDynamics industry-leading global OCR technology recognizes Middle Eastern, Asian, Cyrillic and Roman alphabets we will embed languages upon request 15
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Software-only solution Extracts Arabic, Persian (Farsi, Dari), Pashto, Urdu, Hebrew, English, Spanish, Russian, Chinese & Korean languages including embedded English and French text Automatically corrects and cleans highly skewed and severely degraded documents Automatically detects documents language without OCR Discriminates machine-printed vs. handwritten pages Performs diacritical mark extraction for Middle Eastern languages Exports images and extracted text into searchable PDF files Provides powerful API for seamless integration into third- party environments 64-bit support Runs on latest Windows and Linux operating systems 17
NME C United Nations Israeli Ministry of Defense
Significant pattern recognition & analytics expertise In-Q-Tel portfolio company Offer several software-only products NovoVerus Global-language OCR Staff R&D experience Artificial intelligence and data analytics focus Proven track record of providing high-impact solutions Broad domain expertise Sciences, engineering, manufacturing, software development Technology Focus and Expertise Well-suited to current data-rich business operations Pattern recognition, data mining, data analytics, data management Ability to aggregate and normalize disparate data sources Ability to develop models involving large numbers of dependent and independent variables and disparate data types Strong Customer Orientation Ability to lead full-cycle development: requirements to solution Support of delivered software Responsive to ongoing customer needs 19
For More information on our products visit www.novodynamics.com To discuss Business Opportunities contact Art Nicholas at anicholas@novodynamics.com or 734.205.9150 20

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NovoDynamics Company Overview

  • 1. Art Nicholas, VP of Sales anicholas@novodynamics.com
  • 2. Advanced Pattern Recognition & Analysis Software Company Develops and delivers software solutions that provide answers to customers most difficult problems Has unique software technology Extracts critical information from challenging data sources Searches through large, complex, and disparate data sets Makes accurate predictions by finding relevant information Products used throughout the world Commercial, government, and academic customers
  • 3. Private U.S. company (no foreign ownership) Funding Private investors In-Q-Tel (VC arm of the CIA) Location Headquartered in Ann Arbor, MI Washington, D.C. & Chicago sales offices Staff: Over 100 person-years of relevant R&D experience Artificial intelligence and data analytics focus Proven track record of providing high-impact solutions Broad domain expertise Sciences, engineering, manufacturing, software development 3
  • 4. Artificial Intelligence research team at ERIM (Environmental Research Institute of 1980s Michigan) develops advanced image processing, statistical modeling, pattern recognition, and data retrieval software algorithms 1997 Scientific team leaves ERIM to start Nonlinear Dynamics 2001 NovoDynamics is created (Nonlinear Dynamics merges with Catalytica Novotec) 2003 In-Q-Tel makes first investment to create document exploitation technology 2005 NovoVerus 1.0 product launch (Middle Eastern OCR software) 2006 In-Q-Tel makes second investment to expand supported languages 2007 NovoVerus 2.0 released (English, Spanish, Urdu languages added) 2008 NovoVerus 3.0 released (Chinese, Korean & Russian languages added) 2009 Coronado product launch (form recognition by appearance software) 2010 Coronado 2.0 released (form recognition by appearance & text software) NovoDocufier 1.0 (form recognition & field extraction support) 2012 NovoImage+ 1.0 (advanced scanned document clean up) NovoVerus 4.0 (enterprise & cloud support features) 4
  • 6. Investing in Our Nations Security
  • 7. 7
  • 8. 8
  • 9. Image Optimization for the Distributed Enterprise Prepares Images to Deliver Superior Accuracy: Cleaner images produce cleaner data. NovoImage+ removes background noise, refines character edges and automatically adjusts contrast to improve recognition. Standardizes Quality: A device-agnostic solution, NovoImage+ can apply the same rigorous standards to images captured by a wide variety of peripherals. Puts the User in Control: Rather than relying solely on device-specific presets, users can adjust default settings to optimize output for different image sources or document types. Boosts Productivity: Improved images yielding greater accuracy accelerate workflow by alleviating the need for human intervention to correct errors, plus fewer false positives will result on data to be verified. Reduces File Size: NovoImage+ can reduce document image file size for more rapid file transfer, more economical storage and more efficient archiving. Automates Pre-Processing: Automated file and batch processing frees up workers for other tasks. 9
  • 10. Before After
  • 11. Unsorted Skewed Rotated Degraded Scaled Shifted 11
  • 12. Automatic page classification and data extraction Innovative image-based document recognition combined with field-OCR (as needed) Extracts text from designated fields on selected pages or document types Automatically assign metadata to large volumes of scanned pages Global language ready Currently supports English; prepped for Middle Eastern, Asian, Russian/Slavic and Latin languages Scalable designed for 64-bit operations; takes advantage of multi-core systems Supports both Windows and Linux operating systems Robust and flexible API facilitates integration into third-party applications 12
  • 13. Corrects Sorts 12 Stacks 3 8 and indicates number of pages in each stack. 32 17 13
  • 14. 14
  • 15. Faster, more accurate, easier and global No pre-sorting or pre-analysis of pages required 60X faster than OCR-based solutions only uses OCR for classification if document types are visually identical Automatic image enhancement is built in for faster and more accurate document recognition and classification Quick and easy to set up, learn and use just point and click to train NovoDocufier to recognize document types no need to define complex rules; no technical specialists needed No need for multiple solutions to manage various languages NovoDynamics industry-leading global OCR technology recognizes Middle Eastern, Asian, Cyrillic and Roman alphabets we will embed languages upon request 15
  • 16. 16
  • 17. Software-only solution Extracts Arabic, Persian (Farsi, Dari), Pashto, Urdu, Hebrew, English, Spanish, Russian, Chinese & Korean languages including embedded English and French text Automatically corrects and cleans highly skewed and severely degraded documents Automatically detects documents language without OCR Discriminates machine-printed vs. handwritten pages Performs diacritical mark extraction for Middle Eastern languages Exports images and extracted text into searchable PDF files Provides powerful API for seamless integration into third- party environments 64-bit support Runs on latest Windows and Linux operating systems 17
  • 18. NME C United Nations Israeli Ministry of Defense
  • 19. Significant pattern recognition & analytics expertise In-Q-Tel portfolio company Offer several software-only products NovoVerus Global-language OCR Staff R&D experience Artificial intelligence and data analytics focus Proven track record of providing high-impact solutions Broad domain expertise Sciences, engineering, manufacturing, software development Technology Focus and Expertise Well-suited to current data-rich business operations Pattern recognition, data mining, data analytics, data management Ability to aggregate and normalize disparate data sources Ability to develop models involving large numbers of dependent and independent variables and disparate data types Strong Customer Orientation Ability to lead full-cycle development: requirements to solution Support of delivered software Responsive to ongoing customer needs 19
  • 20. For More information on our products visit www.novodynamics.com To discuss Business Opportunities contact Art Nicholas at anicholas@novodynamics.com or 734.205.9150 20
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