ScreamingMedia uses Autonomy to Provide Real-Time Targeted Content for Online Customers
San Francisco, Calif. (April 3, 2000) - Autonomy, Inc. today announced that ScreamingMedia, a leading global aggregator and e-distributor of digital content on the Web, will use Autonomy's technology to categorize and deliver more than half a million pieces of content monthly to hundreds of large and small Web sites.
Using proprietary harvesting and filtering technology, ScreamingMedia aggregates content from a wide array of both traditional and new media publishers and provides content for companies like AOL, Microsoft, Healtheon and Sun Microsystems. The ScreamingMedia solution drives traffic and increases the "stickiness" of Web sites with continuously updated, customized content from hundreds of the world's leading publishers including The New York Times Syndicate, Business Wire, Red Herring, and UPI.
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 operations associated with building and maintaining a site. These functions include categorizing, tagging, linking and personalizing the delivery of information.
Autonomy CEO, Mike Lynch, says Autonomy's software automates the costly tasks associated with maintaining a site. "Autonomy's ability to automate the categorization and delivery of personalized content reduces the overall operating costs for an online publisher or content provider." said Lynch. "This allows organizations to focus on their core business vs the manual operations involved with maintaining their site."
About ScreamingMedia
ScreamingMedia.com (www.screamingmedia.com) has developed a leading global technology platform for the aggregation and distribution of digital content over the Internet. Using its proprietary technologies, ScreamingMedia aggregates content from a wide range of content providers and filters, delivers and efficiently integrates this content into its customers' Web sites almost instantaneously. ScreamingMedia has assembled a growing digital content network, which as of January 31, 2000 consisted of over 530 Web site customers and content from over 390 sources. The Company is based in New York City and has over 100 employees. The Company was founded in 1993 by Alan Ellman, who serves as ScreamingMedia's President and Chief Operating Officer. ScreamingMedia's Chief Executive Officer is Kevin C. Clark, and its Chairman of the Board is Jay Chiat, founder of Chiat/Day Advertising.
About Autonomy
Autonomy's technology powers large-scale, personalized systems for knowledge management, enterprise portals, online 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 200-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, Unilever, and the United States Department of Defense. 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 OpenMarket, Aeneid, CoreChange, Delano, Filenet, FutureTense, Hyperwave, Insight, Intraspect, KnowledgeTrack, Global Recall, Nexor, Sagemaker, Sybase and Verge.
On July 10, 1998, the company went public on the EASDAQ stock exchange.
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