Company Announcement: KnowledgeTrack Licenses Autonomy's Technology for its Enterprise Portal Solution
San Francisco, Calif. (January 11, 2000) - Autonomy, Inc. today announced that KnowledgeTrack, the next generation enterprise portal, is embedding Autonomy's core technology within its Knowledge Center to help companies add advanced categorization and personalization capabilities to their portal solutions. Autonomy's technology can analyze and rank the ideas within any piece of text, regardless of its language.
Because of this unique capability, Autonomy's technology automates some of the most time consuming tasks associated with building and maintaining a portal.
These functions include categorizing, tagging, linking and personalizing vast volumes of internal and external information from newsfeeds, emails and websites to Lotus Notes and word processing documents.
KnowledgeTrack CEO, Jack Porter, stressed the advantages of licensing Autonomy's software. "We did a thorough analysis of all competing technologies and found that only Autonomy's could help KnowledgeTrack automate the process of building and maintaining an information rich portal site. This means our customers can focus on their core business instead of wasting time tagging and categorizing information."
According to Autonomy CEO Mike Lynch, Autonomy's profiling technology complements KnowledgeTrack's enterprise portal. "KnowledgeTrack's enterprise portal was designed to streamline the collaborative process and improve communication between employees, suppliers and customers. By using Autonomy's technology to profile users based on ideas or expertise, Knowledge Center can automatically suggest colleagues with relevant expertise for virtual communities or workgroups."
About KnowledgeTrack
KnowledgeTrack was founded in 1998 in Pleasanton, California by Bill de Lambert and Jack Porter, to become the leading provider of scalable corporate portals. The company introduced The Knowledge Center, its flagship product, in June 1998. Customers include LeadTrack Systems, FinancialPrinter.com, ACSIA Insurance, ActiveCard, BORU Corporation and The Chasm Group, among others.
About Autonomy, Inc.
Autonomy's technology powers large-scale, personalized solutions for knowledge management, enterprise portals, new media publishing and electronic commerce.
Because of its ability to analyze any piece of text (independent of the document's language) and identify and rank the main ideas, Autonomy can automate a broad range of otherwise labor intensive tasks.
These range from categorizing information by subject matter, to inserting hypertext links to related material, to profiling users based on the ideas in the text they read or write, to delivering information to those most likely to be interested. Autonomy (EASDAQ:AUTN) was founded in 1996 and has offices in Boston, Chicago, Dallas, San Francisco, New York and Washington, D.C in the United States, as well as offices in Amsterdam, Brussels, Cambridge (England), Frankfurt, Milan, Paris, Oslo and Sydney. Among its 160-plus customers are Alcatel, Associated Press, Barclays Bank, British Aerospace, Clorox, News Corp., Procter & Gamble, Lucent Technologies, Merrill Lynch, SF Gate, Semi-tech, The Royal Mail and Unilever.
In addition, several software companies are licensing Autonomy's technology to add intelligence to their online publishing, knowledge management, email routing, portal, call center, customer relationship management and document management applications, including Aeneid, CoreChange, Delano, FutureTense, Hyperwave, Insight, Intraspect, Global Recall, Nexor, Open Market, Sagemaker and Verge.
On July 10, 1998, the company went public on the EASDAQ exchange.By November 16, 1999 it had achieved a market capitalization of more than a billion dollars.
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