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ANN ARBOR, MI -- (Marketwire) -- 06/28/12 -- NovoDynamics, a leading developer of optical character recognition (OCR), pattern recognition, data mining and predictive modeling technologies, today announced that Jim Kinsherf has been appointed to the position of vice president, managing the Company's NovoAnalytics custom solutions business. NovoAnalytics is an advanced services offering that addresses "big data" challenges. Applying a consultative approach and customized tools, the NovoAnalytics team provides innovative solutions that identify patterns in data, yielding critical insights that can lead to better-informed decisions for businesses and other organizations.

"NovoDynamics is in a strong position to achieve the goals it has set in the burgeoning big data arena," noted Kinsherf. "I am pleased to join this talented and experienced team. NovoDynamics has developed unparalleled technology and NovoAnalytics delivers the knowhow to apply it, to help a wide variety of clients transform their big data assets into big opportunities."

Kinsherf previously served as senior vice president and general manager responsible for partner solutions at Posit Science Corporation, where he helped create a new product category in the automobile insurance industry. Prior to Posit Science, Kinsherf held executive positions at Solera, where he was vice president of North American sales and service for Audatex, a leading global provider of software and services for the automotive insurance and collision repair industries, and general manager of Hollander, Inc., which delivers software and information services to the automotive recycling industry. Kinsherf has also held senior positions at CCC Information Services and Allscripts Healthcare Solutions.

According to David Rock, president and CEO of NovoDynamics, "Having held both sales and general management positions at companies providing advanced software technologies to three of our targeted industries, Jim is extraordinarily well qualified to lead our NovoAnalytics business. With an impressive track record of dramatically increasing revenues, we expect Jim to play a pivotal role in growing our custom solutions business."

Please visit www.NovoDynamics.com for more information.

About NovoDynamics
NovoDynamics, Inc. recognizes critical patterns in essential documents and complex data sets. The company's pattern recognition and predictive analytics solutions are used throughout the world by commercial industries, governments and academia to capitalize on large, disparate data assets. NovoDynamics provides exceptionally fast and accurate 64-bit, multi-core, cross-platform document capture applications, as well as real-time, cloud-based data analytics services. NovoDynamics delivers truly intelligent solutions that add clarity and insight to help customers address their most difficult challenges. Please visit www.NovoDynamics.com for more information.