FINLAND POST EXTENDS mCorrection® LICENSING AGREEMENT TO AN ADDITIONAL MAIL SORTING CENTRE
Helsinki, Finland. October 4, 2006. Syslore Ltd. and Finland Post Group today announced an extension of their existing mCorrection licensing agreement. mCorrection® Intelligent Address Lookup™ technology has been used since 2005 in the highly successful read rate upgrading project for Finland Post's existing Optical Character Recognition (OCR) and mail sorting process. The extension agreement broadens the project to an additional centralized sorting centre in the city of Turku in South-Western Finland.The purpose of mCorrection Intelligent Address Lookup solution is to increase and enhance OCR read rates and accuracy in the Finland Post letter sorting process. The goal is to achieve significant cost savings and efficiency improvements by reducing manual mail sorting and minimizing misdirected mail pieces. Currently, the software is used in all letter sorting lines and OCR systems used at the Helsinki distribution centre. Because Finland Post has been very satisfied with mCorrection performance in the Helsinki sorting center, the license is extended to also apply to all letter sorting machines in the Turku mail sorting and distribution centre.
"Syslore's mCorrection has significantly upgraded our read rates at the Helsinki sorting centre. Furthermore, during the one year production usage, mCorrection performance has been constantly improving, and co-operation with Syslore has been very good and flexible. Therefore, it was a natural choice for us to deploy mCorrection in Turku as well," says Mr. Juha Nurmi, Project Manager, Finland Post.
mCorrection Intelligent Address Lookup is able to recognize addresses that an OCR reader has failed to read and identify correctly. It solves recognition problems at three levels: matches partially or incorrectly recognised address strings to the delivery point level, corrects wrong addresses on mail pieces, and identifies wrong interpretations (missing and wrong characters) made by the OCR engine.
By using mCorrection Intelligent Address Lookup, Finland Post Helsinki sorting center achieved the following approximate improvements in the mail sorting process:
- 45% of partially and/or incorrectly recognised address strings are matched to the delivery point level.
- 7% of totally unrecognized address strings are matched to the delivery point level.
- Altogether, mCorrection Intelligent Address Lookup changes the destination of every ninth letter.
For more information, please contact:
- Mr. Henri Tykkä, CEO, Syslore Ltd, Tel. +358 50 357 5035 Email:
- Mr. Juha Nurmi, Project Manager, Finland Post Group, Tel: + 358 400 835 026 Email:
About Finland Post Group:
Finland Post is the leading provider of delivery and logistics services in Finland and selected markets in Northern Europe. Finland Post Group net turnover in 2005 was about 1,35 billion EUR and the group has approximately 24 000 employees. Further information: http://www.posti.fi/english/index.html