Autonomy's Dremedia Becomes The Voice Of Broadcast Journalism
Dremedia partnership with Quantel brings speech recognition to TV, film and the Web
CAMBRIDGE, England, 24th September 2001 - Autonomy Corporation plc (Nasdaq: AUTN; LSE: AU.; Nasdaq Europe: AUTN), a leading provider of infrastructure technology for the enterprise, today announced a new partnership between its interactive digital TV subsidiary, Dremedia, and Quantel, a specialist in tools for digital content creation. The partnership addresses a key problem of news production - locating video footage by reference to the spoken word - by combining Dremedia's Autonomy-powered media analysis technology with Quantel's Clipbox servers and editing packages.
The partnership agreement will target the international broadcast media industry, making extensive use of the language independence of the underlying Autonomy technology. The combination of the two technologies will enable news and other broadcast material to get to air faster, whilst virtually eradicating associated manual costs. Previously, finding relevant footage required journalists, interns or researchers to view hours of tape and then perform the editing operations manually. Dremedia and Quantel now provide an automated, end-to-end process.
Dremedia's media analysis technology employs a wide range of recognition technologies - small and large vocabulary continuous speech recognition and information retrieval from spoken documents - to power applications in speech and audio processing, such as speech recognition, speaker recognition, language recognition and speech enhancement. This enables Dremedia to automatically perform a number of operations, including piecing together related extracts of film, automatically inserting subtitles and "cleaning up" poor quality broadcast material, amongst others. At the same time, other algorithms within Dremedia's technology are able to segment an image into its component parts, identify, understand, label and index it, and in this way automatically assemble related footage.
Quantel's Clipbox technology adds to the efficiency of the process by using unique random access disk technology to enable speech to be indexed, located and played to air immediately - even while the original feed is still being recorded. Simple Windows editing tools also enable clips to be defined, stored and instantaneously incorporated into the edit.
Richard Gaunt, co-founder and CTO of Autonomy, commented: "Broadcast journalism, just like any other industry, needs to enhance its business efficiency by keeping unnecessary manual expense down. Dremedia's partnership with Quantel has produced an excellent tool for automated news production, which answers the industry's economic needs very convincingly. We are delighted that Dremedia, within a few short months of its incorporation, has not only won key customers such as the BBC but has also forged a strategic alliance of this calibre."
Trevor Francis, Business Manager for News at Quantel, said: "Quantel News systems are all about getting the news to air faster and at higher quality. Being able to rapidly locate and bring in extra material around any subject gives it more relevance and more life - just what news needs to pull audiences."
On 15th September 2001, Quantel won the prestigious Peter Wayne Award at the broadcast industry's flagship event, IBC. Now in its twelfth year, the Peter Wayne Award recognises the product which the eminent judging panel considers most to embody its criteria of design and innovation. Quantel was one of over 40 entries for the award.
About Autonomy
Autonomy Corporation plc (Nasdaq: AUTN; Nasdaq Europe: AUTN; LSE: AU.) is a global leader in infrastructure software for the enterprise. Autonomy's technology powers applications dependent upon unstructured information including: e-commerce, customer relationship management, knowledge management, enterprise information portals, enterprise resource planning and online publishing. Autonomy's customer base includes more than 475 global companies, including Astra Zeneca, British Aerospace, Clorox, Deutsche Bank, Ericsson, General Motors, Lucent, Royal SunAlliance, Sun Microsystems and public sector agencies including the United States Department of Defense, NASA and the United States Department of Energy. Strategic reseller and OEM partners include leading companies such as BEA, Business Objects, Hewlett Packard, IBM Global Services, Oracle, Vignette and Sybase. The company has offices in North America, Europe, Asia and Australia and is on the Web at www.autonomy.com.
About Dremedia
Dremedia develops the only fully automated software platform for digital television production and interactivity, increasing productivity and reducing time-to-air.
Dremedia technology derives a unique understanding of the actual content of audio and video material. Borne of technology experience gained in broadcast organizations worldwide, it utilizes advanced video, speech and text analysis technologies to ensure that content can be quickly and easily accessed - and manipulated - without first having to rely on costly, manual intervention and analysis.
Dremedia was founded in 2001 by leading broadcast and technology executives; its principle external investor is Autonomy Corporation plc (Nasdaq: AUTN; LSE: AU; Nasdaq Europe: AUTN), a global leader in infrastructure software for the Web and enterprise.
About Quantel
Terrestrial, satelite, cable, DVD, internet, WAP, e-cinema... the digital age has arrived. With it comes an explosion of media opportunities for content creators. The winners will be those who can supply high quality up to the minute content, re-packaged and re-purposed to meet any demand.
Quantel produces the fastest, most innovative, versatile and powerful tools for digital content creation. The company has all the raw energy, ideas and imagination you'd expect from a new innovative start-up - yet it has more experience and proven ability than any other in the world at pushing the digital envelope.
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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