We consider quadratic bundles related to Hermitian symmetric spaces of the type SU(m+n)/S(U(m)×U(n)). We discuss the spectral properties of scattering operator, develop the direct scattering problem associated with it and stress on the effect of reduction on these. By applying a modification of Zakharov-Shabat's dressing procedure we demonstrate how one can obtain reflectionless potentials. That way one is able to generate soliton solutions to the nonlinear evolution equations belonging to the integrable hierarchy associated with quadratic bundles under study.
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