Wizcom Technologies

Wizcom Technologies Inc. is currently the world's largest manufacturer by revenue from scanning translators. The units of the company with headquarters in Westford (USA) equipped with a scanner in the pin head, the printed text reads. These are then translated word for word in the display of the scan pin.

History

Wizcom Technologies was founded in 1995 in Jerusalem. Since 1999, the shares in Frankfurt traded on the Neuer Markt. It is one example of the investments that blatantly lost with the bursting of the dotcom bubble, so the steep decline in the stock markets at the beginning of the new millennium, in value. Had the share of Wizcom Technologies in the course of 1999, still at 19,20 € ( maximum value, converted into Euro ) stock exchanges, as she was two years later, just over 23 cents worth. Since then, the quotation has always remained under a euro.

Although the key activities undertaken to date in Israel, the company has its headquarters moved to the U.S. to keep expansion opportunities in Arab and Muslim countries open.

After years of losing succeeded Wizcom 2005, its board chairman Rami Ish- Hurvitz first time, to the black.

Figures

Sales declined in calendar year 2009 by 21.7 % to 5.6 (2008: 7.15 ) million U.S. dollars. The gross profit margin was 28 % compared to 38 % in the same period last year. And operating income reached a value of minus 2.421 million U.S. dollars relative to a value of 1.808 million U.S. dollars in 2008.

Products

SuperPen Wizcom's most successful product in Germany, the so-called SuperPen. This Translator ( Translator ) is equipped from the factory with dictionaries for translation from English to German and back. From a CD can be transmitted over 40 additional dictionaries via USB port on the SuperPen, including both European languages ​​such as French, Spanish, Portuguese and Italian languages ​​, as well as with certain character sets such as Arabic, Chinese, Hebrew and Russian. Many of them, however, are not only translated into English into German, but. In addition, can be scanned without translation to the SuperPen texts. With the help of speech recognition can be realized a direct transfer into other word processing programs (eg Word, OpenOffice.org ).

Quicktionary II Expert For several years Wizcom sold on the German market for their needs more precisely sharpened product that Quicktionary II Expert. In contrast to the SuperPen there is no way to install additional dictionaries from your computer or to transfer scanned text into word processing programs on this machine. Only be translated in English, French and Spanish, each from both the Germans and the German.

Quicktionary 3 Lite This third generation of Wizcom scan Translator shall come the end of 2007 on the German market. Compared with its predecessors, this translator can be operated by a touch screen, which should greatly simplify the spelling is not scannable text.

Info Scan This ReadingPen ( WAND) is exclusively for scanning of texts and the transmission in software for word processing. He has no translation function and is priced well below SuperPen and Quicktionary II Expert.

ReadingPen The ReadingPen Wizcom is not currently sold on the German market. Designed to as a reading aid for dyslexics, visually impaired, illiterate aphasic and this pin to read scanned text, and is also equipped with the verbal explanations of the "German Universal Dictionary " from the dictionary publisher. Although the reading assistance was officially recognized by the Standing Conference to the allowed aids in tests, the exclusive distributor of German has abandoned the sale. The reason for the failure on the German market is the high selling price. Wizcom had sought a list price of 249 euros.

Credentials

827129
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