Autonomy And Hyperwave Announce Extended OEM Partnership
Autonomy joins forces with Hyperwave to develop mutual prospects in the Knowledge Management and e-learning sector
San Francisco, CA-May 10, 2002- Autonomy Corporation plc (Nasdaq: AUTN; LSE: AU.; Nasdaq Europe: AUTN), a leading provider of infrastructure software for the enterprise, and Hyperwave, a leading provider of collaborative knowledge management solutions, today announced an extended OEM partnership.
Under the terms of the agreement, Autonomy and Hyperwave will work together to deliver the collaborative benefits of Autonomy's infrastructure technology and Hyperwave's eKnowledge solutions, and will recommend each other's technologies. The two organizations will pursue joint opportunities and support each other's marketing efforts. The partnership agreement is global and strengthens the existing OEM relationship that the two companies have benefited from since 1999.
Christoph Michel, CEO of Hyperwave said, "Partnering with Autonomy is a crucial step forward in creating a stronger force that will deliver truly collaborative knowledge management and e-learning solutions. With Autonomy's leading automation technologies, Hyperwave is prepared to meet the challenges of today's knowledge economy for its customers."
Autonomy's software analyzes text, voice and video in any language and can identify and rank the main concepts within them. It can then automatically categorize, link, personalize and deliver relevant information across multiple devices. The technology is used to automate these operations within the eKnowledge Infrastructure.
Autonomy CEO and founder Mike Lynch today commented, "We believe this to be an inevitable partnership reflecting the natural way in which both the Hyperwave and Autonomy technologies integrate," said Lynch. "We are very pleased to be working with Hyperwave who are a leading provider in the collaborative KM and e-learning space."
Launched last year, Hyperwave's eKnowledge Infrastructure provides a single knowledge management and e-learning platform combining document management, content management, workflow, information retrieval and e-learning. Autonomy inside Hyperwave enables faster and more accurate data retrieval using agents, and through Autonomy's highly scalable categorization, content is placed in the right location automatically.
About Hyperwave
Hyperwave provides collaborative knowledge management systems that enable organizations to create and access information anywhere in the extended enterprise and deliver it to employees, customers and partners.
Hyperwave delivers the solutions through its eKnowledge Infrastructure - an integrated knowledge management/eLearning suite of applications incorporating content and document management, search and retrieval, workflow, collaboration and e learning. It also includes a portal product, providing a single personalized point of access to all information, integration with other systems, and enabling collaboration on projects.
The Hyperwave eKnowledge Infrastructure consists of three principal products that can be implemented as an individual or multiple solution: the eKnowledge Suite, the eKnowledge Portal and the eLearning Suite.
Hyperwave was founded in 1997 and very quickly established itself as a leader in knowledge management and portal-based solutions. The company has its headquarters in Germany and subsidiaries in North America, the UK, France and Switzerland, and has a research and development centre in Graz, Austria. The eKnowledge Infrastructure is based on Hyperwave's Information Server technology, which was launched at CeBIT 1997 in Hanover, Germany, and won the BYTE magazine "Best of show award" for outstanding achievement in innovation and technology. In the same year, the European Union also awarded the product the "IT Prize for New and Innovative Products".
Hyperwave Customers
Many of the world's leading companies use Hyperwave technology including: BMW, DaimlerChrysler, UBS, European Commission, Porsche Informatik, Siemens, McCann-Erickson, Havas Advertising, US Department of Defense, Motorola, the Singapore Government, Banca d'Italia, Universal Music, the Bank Austria/Creditanstalt Group and R+V Insurance. For more information, visit Hyperwave at http://www.hyperwave.com/.
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 550 global companies, including AstraZeneca, BAE Systems, Ford, Ericsson, General Motors, Lucent, Royal Sun Alliance, Sun Microsystems and public sector agencies including the UK Government's Department of Trade and Industry, 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, Computer Associates, 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 http://www.autonomy.com/.
Caution Concerning Forward-Looking Statements
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 Annual Report on Form 20-F and Registration Statements on Form F-1.
For more information, please contact:
Ian Black
Autonomy Corporation plc
+44 (0) 1223 448000 ianb@autonomy.com
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