Autonomy Announces New Agreement With UK Government
The Department of Trade and Industry (DTI) will implement Autonomy's technology to build a cross-governmental knowledge infrastructure for the UK biotechnology community
CAMBRIDGE, UK - July 4th, 2002 - Autonomy Corporation plc (Nasdaq: AUTN; LSE: AU.; Nasdaq Europe: AUTN), the global leader in infrastructure software for the enterprise, today announced that the UK Government's Department of Trade and Industry (DTI) has chosen to deploy Autonomy's infrastructure technology to power a new portal focussing on UK Biotechnology, called 'Information Biotechnology' or 'iBio'.
iBio is a new initiative in joined-up government, and is designed to ensure that the UK continues as a driving force in developments in biotechnology. The project is actively supported by The Office of the e-Envoy, and is funded by the 'Invest to Save Budget' (ISB), a Treasury initiative that finances innovative partnership projects across government and the public sector. Autonomy's proactive technology will assist the Government's drive to champion this fast rising sector, and will work to ensure that international measures affecting biotechnology in the UK are fully taken account of.
iBio is an outward-facing resource targeted at end-users in the commercial and academic biotechnology communities, and will also provide lay information to the public. Autonomy's software will power the automation of a number of information operations including the aggregation and classification of data from 14 different government departments and research councils, as well as many other publicly funded organizations. The end result will be a powerful and comprehensive source of information on all aspects of governmental activity in the biotechnology sector.
By deploying Autonomy's technology, the iBio portal project will effortlessly integrate multiple sources of information, and automatically categorize and handle the data with minimal input from the contributing organizations, allowing the DTI to create pain-free joined up government.
Mark Phillips, Head of the iBio Portal Project today commented, "The DTI is delighted to announce the purchase of Autonomy's software to power this groundbreaking development in joined-up government. We look forward to providing a comprehensive resource for the UK's biotechnology community, and beyond, without the extensive manual input that such a resource would normally require."
Richard Gaunt, CTO and Co-Founder of Autonomy stressed the company's enthusiasm at working with the DTI on this new venture, "Autonomy is proud to have been chosen for yet another project with the UK Government. We feel this clearly demonstrates the significant value added by our software in knowledge-rich areas where up to the minute information is a critical driver of success."
Autonomy's unique Intelligent Data Operating Layer (IDOL) integrates unstructured, semi-structured and structured information from multiple repositories through an understanding of the content. At the heart of Autonomy's software is its ability to analyze text and voice (in any language) and identify and rank the main concepts within it. It then automatically categorizes, links, personalizes and delivers that information. Autonomy's infrastructure technology is used to automate operations within enterprise information portals, customer relationship management, knowledge management, business intelligence and e-business applications, among others.
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 Hutchison 3G, Channel 4, Deutsche Bank, AT&T, 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, NASA, the US Department of Defense and the US 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/.
About The Department Trade and Industry and the ibio partnership
The Department of Trade and Industry's principal aim is to work with business, employees and consumers to drive up UK competitiveness and productivity to deliver prosperity for all. One of its central objectives is to make the most of the UK's science, engineering and technology skills and resources. The DTI is also dedicated to maximising the contribution of the science and technology fields to the UK's economic development - and the quality of our lives. It is responsible both for UK Science Policy (through the Office of Science and Technology), and for promoting the development and use of technology by industry., Through the UK Biotechnology Portal, the DTI, in close conjunction with its partners, will extend this remit by pooling UK public sector knowledge about biotechnology in one easily accessible web portal.
The core partners are; (from Government); Department of Trade and Industry, Department of Health, Health and Safety Executive, Department of Environment Food and Rural Affairs, Office of Science and Technology, Office of the e-Envoy; (from the Research Councils); Biotechnology and Biological Sciences Research Council, Medical Research Council, Engineering Physical Sciences Research Council, Natural Environment Research Council, and Environment and Social Research Council.
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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