HUNGARIAN-AMERICAN ENTERPRISE FUND INVESTS IN HI-TECH HUNGARIAN COMPANY

December 28, 1992 -- The Hungarian-American Enterprise Fund of Washington,
DC, announced today that it has purchased 30% of the outstanding shares of
SzKI Recognita Corporation Budapest, a cutting edge designer of software
for modern scanning technology.

The announcement was made by Alexander C. Tomlinson, president and CEO of
the Fund, a private, tax-exempt U.S. corporation established for the
purpose of promoting the development of private enterprise in Hungary,
utilizing Congressionally approved funds.

SzKI Recognita Corporation is the leading European Optical Character
Recognition (OCR) software research and development publishing company,
providing the fastest OCR solution for a broad range of operating systems
environments including MS Windows, MS DOS, OS/2, CTOS and UNIX.

SzKI Recognita Corporation Budapest publishes Recognita Plus, an optical
character reader for desk-top scanners which enables users to manipulate
scanner data in Word Perfect, Lotus and other PC programs. It also
produces a character recognition product for hand-held scanners. The
Hungarian company has subsidiaries around the world, including one in
Germany and Recognita Corporation of America in Sunnyvale, CA.

Mr. Tomlinson pointed out that the fastest-growing segment of OCR industry
is the integration of OCR software into more sophisticated applications
such as document image processing, optical filing and intelligent fax
systems. According to Benedek Tallai, president and CEO of Recognita
Corporation of America, Recognita Plus distinguishes itself from the
competition by offering multi-lingual capability, fast speed and high
accuracy.

Recognita Corp. of America
1156 Aster Ave, Suite F, Sunnyvale, CA 94086
408-241-5772;  fax: 408-241-6009

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