Parascript Announces Alexander Filatov as CEO

August 4, 2014, LONGMONT, Colo. – Parascript ®, LLC, a leading document capture company, is announcing Dr. Alexander Filatov to the role of CEO.  Dr. Filatov, who has been with the company since its inception in 1996, most recently served as president and CTO.  He will lead the organization in expanding its technological capabilities and implementation of its technology in a vast variety of applications.

Dr. Filatov draws on 20 years of research and development expertise in the fields of pattern recognition, image processing and artificial intelligence. Before joining Parascript, he was a key member of the management team at ParaGraph International, known for its handwriting recognition technology used by Apple and Microsoft. 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.

He replaces Bill Pearlman, who served as Parascript’s CEO from its inception in 1996 to 2000 and then returned from retirement to the role in 2010. Pearlman will continue to consult at Parascript during his retirement.

“We are very excited to announce Alexander Filatov—drawing on a wealth of industry, company and technology knowledge—to the role of CEO.  Alexander has been invaluable to Parascript’s success since its inception. He  will be critical in leading the company as we continue to expand our technological capabilities and footprint to address growing demand for access to information,” said Aron Katz, Chairman of the Board.

Parascript recently announced Microsoft Gold Certified Partner Status and SharePoint Integration with its FormXtra technology, as well as continued expansion of its partner program, with relationships with France-based Bull and new partners in Latin America and the United States.

About Parascript, LLC

A leading document capture company, Parascript develops solutions that read information from forms and documents.  The company’s advanced recognition technology processes virtually any document format and text type (handprint, machine print, cursive, marks and more), providing fast, reliable access to information and transactions. Fortune 500 companies, postal operators (including the U.S. Postal Service), major government and financial institutions rely on Parascript software, which is distributed through its OEM and value added reseller networks, including partners such as IBM, EMC, Bell and Howell, Fiserv, Selex Elsag, Lockheed Martin, NCR, Siemens, and Burroughs.