Autonomy's AXE Cuts Through Obstacles to Effective XML Deployment
Autonomy XML Engine (AXE) enables industries to leverage XML for seamless information operations
San Francisco, Calif. - February 15, 2001 - Autonomy Corporation plc (NASDAQ: AUTN; EASDAQ: AUTN; LSE: AU.), a global leader in infrastructure software for the Web and the enterprise, today announced the release of AXE, a technology that will enable Autonomy's OEM customers and end-users to overcome the current obstacles in the processing of XML and extend the benefits of information exchange.
The use of XML is already widespread, but the deployment has significant limitations. Not only are tags often chosen manually - a costly process- but XML has no inbuilt understanding of concepts that are similar to one another. In XML, for example, the tag <aircraft> and the tag <plane> are wholly unrelated items. Typically, this presents considerable problems, because information from different sources that has been structured using different tagging schema cannot be reconciled, even when there are important conceptual similarities. This lack of conceptual understanding is a considerable handicap to the success of XML as the de facto standard for information exchange.
AXE addresses both issues directly. AXE's conceptual understanding enables it to automatically insert XML tags and links into documents, based on the concepts contained in the information. This eliminates all manual cost. Secondly, AXE enables XML applications to understand conceptual information, independent of variations in tagging schemas or the variety of applications in use. This means, for example, that legacy data from disparate sources, tagged using different schemas, can be automatically reconciled and operated upon.
Hadley Reynolds, Research Director, Delphi Group, Boston, commented: "E-businesses are bullish on XML enabling intimate understandings among interchange partners' commerce systems. At issue is the difficulties organizations are experiencing converting their information into XML-aware formats. Autonomy's XML automation addresses the major obstacle posed by today's requirement to manually prepare XML business documents."
Richard Gaunt, co-founder and Group CTO of Autonomy, commented: "Autonomy has always been at the forefront of the XML initiative. Our technology was XML-compliant from the start and we produced the world's first automatic XML tagger. AXE takes us one stage further by providing the critical layer of intelligence that understands the content and the purpose of the tagging and its related information. AXE is a crucial component for any vendor who wants to make native XML an intelligent part of its core architecture."
AXE is a complementary technology to the latest version of Autonomy's core engine, the Dynamic Reasoning Engine v4.0. It will be made available both to end users and to OEMs. OEMs will embed AXE in their own products as part of the Autonomy Content Infrastructure (ACI), an architecture that enables multiple third party applications to automate the business operations on unstructured data. Preliminary metrics indicate that the AXE-enabled DRE will process XML at speeds of up to 2 gigabytes per hour, the equivalent to 200 documents per second. Operations such as tagging, categorizing and linking are carried out automatically, as hundreds of simultaneous operations occur concurrently.
Charles Kane, Chief Operating Officer, Corechange, commented on the future of AXE and ACI thus: "The XML standard is being adopted throughout the e-commerce and enterprise markets. Autonomy's latest technology, which brings native XML capability to the ACI, is the next step to completely automating applications that handle structured, unstructured and semi-structured information. Autonomy's technology is easily integrated and will enable customers to take full advantage of the opportunities offered by XML."
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 categorizing, linking, personalizing 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, Corechange, Delano, Epiphany, 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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