Intelligent Machines Research Corporation
Encyclopedia
Intelligent Machines Research Corporation (IMR) was founded by David H. Shepard
David H. Shepard
David Hammond Shepard was a prolific American inventor, who invented among other things, the first optical character recognition device, first voice recognition system and the Farrington B numeric font used on credit cards.-Life:Shepard was born September 30, 1923 in Milwaukee. His father died...

 and William Lawless, Jr. in 1952 to commercialize the work Shepard had done with the help of Harvey Cook in building "Gismo", a machine later called the "Analyzing Reader".

IBM
IBM
International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...

 obtained a license on IMR's patents in 1953 and in 1955 contracted with IMR to build a developmental system which was able to read constrained hand printed numeric characters if reasonably well formed. However, IBM did not market this system. In 1959 IBM did market a system of its own, classifying it as an Optical Character Recognition
Optical character recognition
Optical character recognition, usually abbreviated to OCR, is the mechanical or electronic translation of scanned images of handwritten, typewritten or printed text into machine-encoded text. It is widely used to convert books and documents into electronic files, to computerize a record-keeping...

 (OCR) system, and the term OCR from then on has been standard in the industry for this technology.

IMR went on to deliver the world's first several commercially used systems, including one used by Readers Digest in its book subscription department. Readers Digest donated this system many years later to the Smithsonian
Smithsonian Institution
The Smithsonian Institution is an educational and research institute and associated museum complex, administered and funded by the government of the United States and by funds from its endowment, contributions, and profits from its retail operations, concessions, licensing activities, and magazines...

, where it was once put on display. The second system was sold to the Standard Oil Company of California
California
California is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area...

, as arranged by the Farrington Manufacturing Company, a leading company in the credit card business at that time, with many systems to read oil company credit cards to follow, one of which was also on display at the Smithsonian later on.

In 1959 Farrington acquired IMR, and the numeric font designed by Shepard, called Farrington 7B, has been standard for most of the well known credit cards since that time. Shepard later left Farrington and founded Cognitronics Corporation in 1962.

Both Shepard and Lawless had been NSA employees at one time. Lawless later held key positions in IBM.
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