FREMONT, Calif., Jan. 16, 2018 /PRNewswire/ -- Foxit Software, a leading software provider of fast, affordable, and secure PDF solutions, today announced Panasonic's Document Management and Imaging division has selected Foxit's PDF Compressor technology to be incorporated in all scanner models, from desktop to production level, being shipped in the United States.  Panasonic Document Management and Imaging is the scanner division of the $65 billion Panasonic Corporation, a worldwide leader in the development of diverse electronic technologies and solutions for customers in the consumer electronics, housing, automotive, and B2B businesses.

"Panasonic's focus is always our customers and we are constantly striving to bring them the very best in cutting-edge solutions and software," said Fred Scherman, National Sales Manager at Panasonic. "We are extremely excited about teaming with Foxit for PremierCOMPRESSION to bring our customers an added value that they can see immediately – it is another great opportunity to show the power of Panasonic."

Foxit PDF Compressor technology, acquired through Foxit's acquisition of CVISION, was selected by Panasonic to efficiently capture PDF documents and optimize them through fast, accurate optical character recognition (OCR) processes powered by its patented technology. Panasonic scanners will now be able to utilize advanced file compression technology to streamline PDF file size for more rapid file transmission and cost-efficient document storage.

Panasonic's partnership with Foxit will bring a range of benefits to scanner users, including:

  • Storing documents efficiently by converting scanned documents to industry standard PDF
  • Spending less time managing documents and more time on running the business
  • Reduced storage requirements and expenses
  • Improved ability to meet document backup requirements
  • Super accurate OCR, shortening the time needed to locate and retrieve specific data
  • Scalable solution designed for processing data volumes of any size
  • High performance to quickly process large numbers of documents

"We are delighted that Panasonic chose to bundle Foxit's software with its scanner, as the Panasonic brand is held in very high esteem worldwide," said Phil Lee, senior vice president of sales with Foxit. "Foxit is dedicated to meeting the unique needs of our partners and helping them to bring best-in-class solutions to their customer base. We continually strive to bring value that customers can see from day one of a purchase and support that can be counted on for the long haul."

"We have been so impressed with the Foxit team's ability to think outside the box and bring innovation to our partnership," said Scherman. "At every step of the way, whether it be implementation or support and service, they have surpassed our expectations by leaps and bounds."