Autonomy Wins Global Technology Award At World Economic Forum

1st February 2000 CAMBRIDGE, England - Autonomy Corporation was last night awarded the prestigious Technology Pioneer Award at the World Economic Forum in Davos, Switzerland. The award was given in recognition of Autonomy's position "at the forefront of the knowledge economy" and its "excellent growth and innovation in technology."

The presentation of the award was made to Autonomy's founder and CEO, Dr. Mike Lynch, by Klaus Schwab, president and founder of the World Economic Forum, at a gala dinner.

Dr. Lynch said: "I am delighted to have received this prestigious award, which is in recognition of Autonomy's position as a successful global technology company, laying the foundations of the new digital economy."

About Autonomy:

Autonomy's technology powers large-scale, personalised systems for knowledge management, enterprise portals, new media publishing and electronic commerce. Because of its ability to analyse any piece of text (independent of the document's language) and identify and rank the main ideas, Autonomy can automate a broad range of labour-intensive tasks. These range from categorising 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 was founded in 1996 and has offices in San Francisco, New York, Atlanta and Boston, in the United States as well as in Cambridge (England), Paris, Oslo, Sydney, Frankfurt, Milan, Brussels and Amsterdam. Among its 150 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 and document management applications, including SageMaker, FutureTense, Intraspect, Verge, Aeneid, Global Recall, Insight and Nexor.

On July 10, 1998, the company went public on the EASDAQ exchange (Easdaq: AUTN).

About the World Economic Forum

The World Economic Forum is the foremost global partnership of business, political, intellectual and other leaders of society committed to improving the state of the world.

Members, constituents and collaborators have a unique opportunity, through their association with the World Economic Forum, to engage in processes of developing and sharing ideas, opinions and knowledge on the key issues of the global agenda.

The World Economic Forum is an independent, impartial, not-for-profit Foundation which acts in the spirit of entrepreneurship in the global public interest to further economic growth and social progress.

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