Novient Licenses Autonomy's Technology To Enhance Its Eservices™ Psa Solution
SAN FRANCISCO, California - May 30, 2000 - Autonomy Corporation plc. (Nasdaq:AUTN; Easdaq:AUTN) today announced that Novient Inc., a global leader in business-to-business services automation solutions, is licensing Autonomy's concept-based technology to help customers automatically categorize, link, and personalize the delivery of unstructured information found in web pages, email, and documents.
By integrating with the Autonomy Server, Novient services software enables PSOs (Professional Services Organizations) to build and take advantage of a powerful knowledge base that grants immediate and comprehensive access to vital information, documents and best practices across the entire services organization.
By compiling data from all corporate repositories, including Lotus Notes, Microsoft Exchange and third-party sources such as Internet sites, this module allows organizations to create a portal that promotes knowledge sharing across geographically dispersed project teams and services communities.
Autonomy's advanced intelligent software technology can identify and rank the main concepts within any piece of text, regardless of its language or format.
It is this unique capability that will automate the categorization, linking, and delivery of personalized information for Novient customers.
"Organizations using Autonomy's concept-matching technology will be able to reduce costs by automating the most time-consuming tasks associated with maintaining a professional services portal," said Russ Caldwell, co-founder and CTO of Novient.
"Our combined offering not only saves Novient's customers time and money, but also enhances productivity by ensuring that vital information is quickly delivered to the right person."
According to Autonomy CEO Mike Lynch, Autonomy's infrastructure technology automates the operations needed to facilitate knowledge sharing among geographically dispersed project teams and services communities. "To stay competitive, services organizations need to have timely access to knowledge and expertise, wherever it resides.
Autonomy's proven technology not only makes internal information (such as e-mail and MS Office documents) or external information (such as the Internet) readily available, but also profiles individuals to make their expertise known to others," said Lynch.
"It is this capability that will allow organizations to optimize the supply and delivery of professional services."
About Novient
Founded in 1995, Novient Inc. (http://www.novient.com) is the leading, global provider of 100 percent Web-based Business-to-Business (B2B) Services Automation solutions used by leading services organizations and their communities worldwide.
Novient delivers the most advanced Professional Services Automation (PSA) solution in the industry and provides a proven formula to optimize the business results clients receive from their services organization.
Using its patent-pending Internet infrastructure, Novient provides clients with their own internal services portal and the ability to establish an external collaborative B2B services exchange with their partners and customers.
Novient's solution enables professional services companies, embedded service organizations, and systems integrators to automate and optimize management of their intellectual capital, engagements, alliances, and customers.
Used by more than 65,000 consultants in 32 countries, Novient provides the industry-proven PSA solution.
Representative global customers include SAP-AG Worldwide, and its partner network, Policy Management Systems Corporation, Hewlett Packard Corporation, Siemens-Nixdorf Information Services, Hyperion Solutions Corporation, and Harbinger Corporation.
About Autonomy Corporation plc
Autonomy's technology powers large-scale, personalized systems for the Enterprise, Internet and other Digital domains.
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/NASDAQ:AUTN) was founded in 1996 and has offices in Atlanta, 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., Lucent Technologies, Merrill Lynch, SF Gate, Reuters 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 Aeneid, Brio, CoreChange, Delano, Filenet, FutureTense, Hyperwave, Insight, Intranet Solutions, Intraspect, KnowledgeTrack, Global Recall, Nexor, Novient, OpenMarket, Sagemaker, Sybase, Verge and Vignette. still undervalued compared to U.S. stocks."
Note:
With the exception of historical information, the matters set forth in this news release are forward-looking statements that involve risks and uncertainties.
A number of important factors could cause actual results to differ materially from those in the forward-looking statements.
These factors include, among others, dependence on core technology; limited operating history; fluctuations in quarterly results; dependence on new product development; rapid technological and market change; reliance on sales by others; management of growth; dependence on key personnel; rapid expansion; technology risks; volatility of stock price; growth of the Internet; financial risk management; and future growth subject to risks.
These factors and other factors which could cause actual results to differ materially are also discussed in the company's filings with the United States Securities and Exchange Commission, including Autonomy's Registration Statement on Form F-1, File no. 333-11804.
AUTONOMY CORPORATION plc
David Appelbaum
General Manager, North America
(415) 243-9955
MORGEN-WALKE ASSOCIATES
Brian Maddox
(212) 850-5600
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