Autonomy Announces New Million Dollar Revenue From US Intelligence Agencies
New agreements further Autonomy's significant penetration of U.S. Federal Agencies
Cambridge, England - 9 December 2002 - Autonomy Corporation plc (Nasdaq: AUTN; LSE: AU., Nasdaq Europe: AUTN), a global leader in infrastructure software for the enterprise, today announced that, further to its recently announced sale of infrastructure technology to multiple Federal agencies having homeland security related responsibilities, additional US government intelligence agencies have purchased its technology in deals worth over $1 million.
Numerous Federal agencies are already using Autonomy's automatic technology as a fundamental element of the U.S. Government's drive to combat terrorism. Autonomy's technology enables the automatic aggregation of content from a wide range of sources, including text, voice and video, and analyzes the concepts within them, delivering a highly intelligent infrastructure layer. Autonomy powers a range of real-time operations, including automatic categorization, classification and proactive alerting to relevant information, which simply could not be achieved with a manually driven technology. Because Autonomy's software is conceptual (and therefore not reliant on keywords), it assists agencies in uncovering suspicious activity by identifying patterns of meaning and relationships between pieces of data that may denote cause for concern. Consequently, government agencies are able to act upon information to prevent or minimize potential security threats. In addition, the agencies are using Autonomy to identify relevant experts within the intelligence services, driving a cohesive and effective anti-terrorist community, despite the disparate locations of the agencies concerned and the wide-range of data sources used.
"This new announcement further highlights that government agencies are recognizing the need to identify the key elements within the deluge of information they receive on a daily basis. Autonomy is proud to provide the information infrastructure that is enabling a wide range of government agencies to succeed in their objectives of ensuring cross-border security," said Mike Lynch, Founder and CEO, Autonomy.
Autonomy's unique Intelligent Data Operating Layer (IDOL) integrates unstructured, semi-structured and structured information from multiple repositories through an understanding of their content. Autonomy grants enterprises the flexibility to use advanced information retrieval or legacy-based approaches. At the heart of Autonomy's software is its ability to process text, voice and video and identify and rank the main concepts within them. It then automatically categorizes, links, summarizes, personalizes and delivers that information. Autonomy's technology also drives collaboration across the enterprise and enables organizations to effectively leverage expertise. 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.
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 575 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, Sybase and Vignette. 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.
For more information, please contact:
Ian Black
Autonomy Corporation plc
+44 (0) 1223 448 000 ianb@autonomy.com
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