New operations provide commercial infrastructure for growth throughout all key territories in Asia Pacific
CAMBRIDGE, England, 29 March 2001 - Autonomy, a leading provider of infrastructure software for the Web and the enterprise, today announced the establishment of Autonomy Asia, headquartered in Singapore.
Autonomy Asia will build on the company's existing Australasian presence and the partnerships already in place to drive business growth throughout key territories in the region, including Singapore, Korea, China, Hong Kong, Taiwan and Japan, primarily through partnerships and OEM relationships.
Autonomy Asia is headed by Chris Turner, formerly Solutions Strategy and Market Development Director at Dataware Technologies. He comments "Autonomy's technology supports any human language and already ships in Korean, Chinese and Japanese versions, facilitating a rapid route to market in these geographies. I am very pleased to be part of Autonomy's continuing success story and I look forward to taking its commercial strategy forward across Asia Pacific."
Dr. Mike Lynch, founder and Group CEO of Autonomy, commented: "Autonomy's technology is both language-independent and a business efficiency tool and these two qualities put us in a strong position to drive business through partnerships, OEMs and other relationships in all key markets across this fast-moving, linguistically diverse region. We are delighted to be able to announce the establishment of Autonomy Asia and equally pleased to welcome Chris Turner on board to head up the operation."
At the heart of Autonomy's software is its ability to analyse text and 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.
About Autonomy Corporation
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, 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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