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Through its Proximity Technology Division, Franklin said it designs and licenses to third parties modular software solutions that run in all architectures to provide spelling error detection and correction, hyphenation, dictionary and thesaurus functionality, in addition to recently implemented word translation assistance across a range of languages.
"Adobe Systems has once again recognized the power and the value of our linguistic solutions," said Barry Lipsky, President and CEO. "With this latest renewal we approach a quarter of a century of providing the best in class spell correction, hyphenation and thesaurus function to the preeminent leader in design, multimedia and desktop publishing applications. Adobe's selection of our Proximity linguistic solutions once again underscores that we are really the only choice for serious application software providers and web services companies that wish to make their products available on a truly global basis."
Franklin said it will recognize revenues of approximately $6.9 million over the newly extended four year term of the license beginning in its quarter ending December 31.
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