Autonomy Expands Global Operations in North America
Autonomy Establishes Operations and Signs New Partner Contracts in Canada
San Francisco - December 18, 2000 - Autonomy Corporation plc (NASDAQ: AUTN; LSE: AU., EASDAQ: AUTN), a global leader in infrastructure software for the Web and the enterprise, today announced the expansion of its North American operations in Canada, securing new and expanded partner contracts and establishing operations in Toronto.
Autonomy opened its first regional office in Toronto, headed by Christine Marshall, district sales manager of Eastern Canada. This expands Autonomy's business reach with the ultimate goal of increasing Autonomy's market share across North America.
"Business and technology companies in Canada represent a strong developing market for Autonomy. Canada is one of the most wired countries in the world with more than 50 percent of the population currently online," said Marshall. "Establishing partners in Canada is a natural extension of our business goals."
Autonomy recently signed a partnership agreement with NAME Inc., a leading Canadian Internet professional services company. NAME will include Autonomy's products as part of its portfolio of strategic consulting, project control and technology solutions. NAME recently acquired Contentra, which also incorporates Autonomy's technology as part of its e-business solutions strategies.
"With the incredible amount of content flowing through corporations, our customers' biggest challenges are organizing and processing this wealth of information," said Scott Collinson, NAME VP of alliances. "NAME and Autonomy provide a strong boost to our existing business practice by allowing our customers to track, deliver and personalize information at the right time, in the right context and to the correct people."
NAME joins TAP Ventures, a leading Web consulting company who first signed a distribution agreement in July 2000, as the first key partners to help Autonomy target Canadian markets. TAP, a consulting company focused on helping organizations exploit the power of the Web, specializes in Web-enabled service delivery, Web-accessible business intelligence, Web-based knowledge management and employee portals. TAP resells Autonomy's technology to build solutions that give clients the ability to organize, track and access internal and external information relevant to their business.
"OEM and partner agreements continue to be a core component of our successful, scalable business model," said David Appelbaum, Autonomy Head of Products. "The addition of NAME and TAP Ventures furthers Autonomy's global momentum and brings us immediate access to some of the best high-tech businesses in Canada and North America."
The addition of new partners furthers Autonomy's penetration into the Canadian market. Autonomy has already announced OEM relationships in Canada, including Delano Technology Corporation and Provenance Systems. Toronto-based Delano is a leading provider of e-business and eCRM solutions that enable intelligent electronic interactions between an enterprise and its customers and trading partners. Autonomy's technology is embedded in Delano's Knowledge Management Server and interprets and manages unstructured data received from e-mail messages, wireless devices, or Web-based forms. Autonomy enables Delano to offer its eCRM customers and partners a solution that provides control over business-critical data and the effective management of every e-business interaction.
Headquartered in Ottawa, Provenance develops the ForeMost line of electronic records management software, which provides organizations with corporate accountability for their electronic documents, electronic mail, and other records. Autonomy's infrastructure technology automates the categorizing, tagging and linking of documents and emails. Autorecords, the integrated solution, protects the important electronic records, and ensures they are destroyed or archived at the appropriate time, according to proper legislative and legal requirements.
About Autonomy Corporation plc
Autonomy's infrastructure technology enables computers to form an understanding of text, Web pages, e-mails, voice, documents and people. Because of this unique ability, Autonomy's technology automates business operations on unstructured information, such as categorizing, linking, personalizing and delivering operations, which, to date, have been completely manual. Autonomy's technology powers any application dependant upon unstructured information including: e-commerce, customer relationship management, knowledge management, enterprise information portals and online publishing.
Among Autonomy's 390-plus customers are Alcatel, Associated Press, BBC, British Aerospace, Clorox, Reed Elsevier, News Corp., Lucent Technologies, Merrill Lynch, SF Gate, Reuters, Semi-tech, The Royal Mail, TF1, Unilever and the United States Department of Defense. In addition, many of the world's leading software companies license Autonomy's technology to add intelligence to their own products, in areas as diverse as online publishing, knowledge management, email routing and document management. These include Vignette, Sybase, Corechange, Brio, Delano, Epiphany, Filenet, Hyperwave, Insight, Intranet Solutions, Intraspect, KnowledgeTrack, Nexor, Novient and OpenMarket.
Autonomy was founded in 1996 and has offices in Boston, Chicago, Dallas, San Francisco, New York, Toronto and Washington, D.C. in North America, as well as offices through Europe, including Amsterdam, Brussels, Cambridge, Frankfurt, Milan, Paris, Oslo, and Sydney. In July 1998, the company went public on the EASDAQ exchange (EASDAQ:AUTN). Autonomy floated on The Nasdaq National Market (NASDAQ: AUTN) in May 2000, and on the London Stock Exchange (LSE: AU.) in November 2000.
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, technology risks, including dependence on core technology; 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; 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 Statements on Form F-1.
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