When I first read the headline, I thought there was a new python API or SDK for the already existing Textract OCR solution from Structurise. We've used Structurise's product called Textract for years at work, so it was definately around first. I'm not sure if the creators of this new solution/product were aware of the prior's existence, but using the same product name for a product that solves a similar problem seems like it would be an issue... or at the very least confusing.

Here's a link to StructuRise's Textract product page: http://www.structurise.com/textract/