Autonomy Announces New Legacy Compatibility Module (LCM)
New Module Bridges Legacy Systems With Advanced Information Management
San Francisco, Calif. - October 1, 2002 - Autonomy Corporation plc (Nasdaq: AUTN; LSE: AU., Nasdaq Europe: AUTN), a global leader in infrastructure software for the enterprise, today announced the release of Autonomy's Legacy Compatibility Module (LCM). LCM enables companies to efficiently and cost-effectively leverage existing legacy systems and transition to an advanced information management technology.
In a global economy with tough competition, information access and management influence the corporate bottom line and competitive advantage more than ever. Employees, customers and partners need immediate and accurate business critical information in order to compete. Legacy systems typically utilize keyword technologies, Boolean rules, vector modeling or semantic network methodologies. These systems, frequently implemented in enterprises 10 years ago, are now inadequate for managing the ever-increasing and important corporate data within the enterprise because they are too manual to maintain, do not scale and deliver irrelevant information.
LCM, based on Autonomy's unique Intelligent Data Operating Layer (IDOL), addresses these demands by building a bridge between the legacy systems and Autonomy's advanced technology to allow all enterprise data to be accessed within new, contextual automated systems. LCM can connect directly to popular legacy indexes and a variety of formats including legacy index files, legacy categories, topics and taxonomies. LCM provides the ability to manually edit and supervise legacy methods for backward compatibility. This provides a critical link and significantly decreases the cost of replacing old technologies.
"Companies are realizing the need to upgrade their systems to an automated infrastructure, but they cannot risk losing access to critical data by creating separate incompatible systems across divisions," said Mike Lynch, Autonomy CEO and co-founder. "With the development of LCM, Autonomy is responding to the needs of our customers by removing this barrier."
Autonomy's 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 (regardless of language) and voice and identify and rank the main concepts within it. It then automatically categorizes, links, personalizes and delivers that information. Autonomy's breakthrough technology not only provides all the benefits of automated information integration and delivery, but it now taps into antiquated old legacy systems that may contain enterprise critical content that can be migrated to the advanced and robust Autonomy infrastructure.
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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