Autonomy's iVoice Technology is Shipped to First Customers
Autonomy's technology will automatically manage digital information in both audio and text form
Autonomy, (EASDAQ: AUTN, NASDAQ: AUTN, LSE: AU.), a leading provider of software infrastructure for the Web and the enterprise, today announced that its iVoice speech recognition technology has shipped to its first customers, enabling the organizations to make sense of vast volumes of enterprise and Web information, in the form of both text and voice.
This is the first commercial implementation of Autonomy's iVoice technology, which was developed with the speech recognition software that Autonomy acquired from SoftSound Ltd. last year. The technology enables Autonomy to treat voice in the same way it treats text - as just another form of unstructured information from which business value can be automatically extracted. By being able to treat voice like any other archived information, users can leverage voice mail messages, video clips, streaming media and customer service calls. Research teams, customer relations managers and other enterprise users will be able to obtain relevant broadcast information to help support business decisions and increase efficiency.
The first customer implementation of iVoice was deployed in conjunction with Autonomy's Portal-in-a-Box™ and Active Knowledge™ solutions that automatically aggregate, categorise, hyperlink, personalise and deliver information from non-speech sources such as the Internet, the corporate intranet, office documents, and Documentum files.
At the heart of Autonomy's software is its ability to analyse text or voice (in any language) and identify and rank the main concepts within it. It can then automatically categorise, link, personalise and deliver that information. The technology is used to automate these operations within enterprise information portals, customer relationship management, knowledge management and e-business applications.
Dr. Mike Lynch, founder and Group CEO of Autonomy, commented: "There is no reason why artificial distinctions should be drawn between speech and text; they are both forms of unstructured information whose content must be managed and delivered in an automated, conceptual way in order to increase business efficiency. Autonomy is delighted that the very first implementation of iVoice will help to form a speech and text information infrastructure to support business-critical decisions."
Initial sales of Autonomy's iVoice product have been made to Dresdner Kleinwort Wasserstein and General Motors.
About Autonomy Corporation plc
Autonomy's infrastructure technology enables computers to form an understanding of a piece 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 categorising, linking, personalising and delivering, which, to date, have been completely manual. Autonomy's technology powers any application dependent upon unstructured information including: e-commerce, customer relationship management, knowledge management, enterprise information portals and online publishing.
Among Autonomy's 425-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 Brio, Business Objects, Delano, Epiphany, Insight, Intraspect, KnowledgeTrack, Nexor, Novient, OpenMarket, Sybase and Vignette.
Autonomy was founded in 1996 and has offices throughout North America and Europe, as well as in Sydney, Australia. Autonomy listed on EASDAQ (EASDAQ:AUTN) in July 1998, 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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