CAMBRIDGE, England - 19 September, 2002: Autonomy Corporation plc (Nasdaq: AUTN; LSE: AU., Nasdaq Europe: AUTN), a global leader in infrastructure software for the enterprise, today announced that its associate, Dremedia Limited, a leading broadcast technology company, has been awarded a prestigious Peter Wayne Award for Recognition of Achievement in Design and Innovation by the International Association of Broadcast Manufacturers (IABM). Autonomy is Dremedia's lead outside investor.
The Peter Wayne Award, which is presented for the product judged to be the best and most innovative at the annual International Broadcasting Convention, was accepted by Dremedia Chief Executive Officer Matthew Karas. Dremedia joins previous winners which include: Sony, Panasonic, Avid, NTL and Quantel.
Mike Lynch, co-founder and CEO of Autonomy, commented: "Established, only one year ago, Dremedia produced a tool using Autonomy's unique infrastructure technology that delivers significant ROI for broadcast news organizations," said Lynch. "Dremedia is recognized not only as an innovative leader by customers and partners, such as the BBC and CNN, but also by the broadcast industry. We are delighted that Dremedia has received industry recognition in the form of this honorary award."
Matthew Karas, founder and CEO of Dremedia added, "We are very proud to have received this award, which is the highest possible recognition of technology innovation in the broadcast industry. Our mission is to apply best of breed technologies, such as Autonomy's infrastructure software, to automate the key tasks associated with media management. This award is a great endorsement of our success in delivering on this vision."
Autonomy's Intelligent Data Operating Layer integrates unstructured, semi-structured and structured information through an understanding of the content. At the heart of Autonomy's software is its ability to analyze text, audio, video and voice and identify and rank the main concepts within it. It then automatically categorizes, links, personalizes and delivers that information.
About Dremedia
Dremedia is one of the driving forces behind the changing face of the broadcast industry. Dremedia products allow broadcasters and media companies to improve efficiency of their operations by increasing productivity and reducing time-to-air. The company cuts to the heart of these issues by delivering a technology that can automatically analyse, understand and manipulate broadcast footage. Dremedia's customers include leading broadcasters and broadcast production companies such as: BBC, Quantel, VTR Group, Autocue, Blue Order and Tornado Networks. Dremedia was founded in 2001 by senior executives from the broadcast industry dedicated to addressing the challenges faced by their industry in the new digital age. Its principle external investor is Autonomy Corporation plc (Nasdaq: AUTN; LSE: AU; Nadsaq Europe: AUTN), a global leader in infrastructure software for the Web and enterprise.
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 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 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.
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