Asian Development Bank Selects Excalibur to Provide Backbone for New Global Knowledge Management System

Business Wire, August 15, 2000

Business Editors/Hi-Tech Writers

VIENNA, Va.--(BUSINESS WIRE)--Aug. 15, 2000

Excalibur RetrievalWare(R) to Power ADB Intranet Portal, Providing

Intelligent Search Capability to 2,000 Employees in 18 Countries

Excalibur Technologies (Nasdaq: EXCA), a leading provider of content management solutions for indexing and retrieving text, video and images on the Internet and intranets, today announced that the Asian Development Bank (ADB) has selected Excalibur to provide the intelligent "portal" search required for its new global knowledge management system.

Under the terms of the agreement, the ADB will use Excalibur RetrievalWare(R) as the founding technology to provide its 2,000 employees, based in 18 countries, with faster, more accurate access to mission-critical information, no matter where it may reside.

In addition, the ADB has licensed the Excalibur RetrievalWare WebExpress product, an intelligent Internet search solution for premium web sites that are dependent on quick, accurate and reliable search, to upgrade the search capability on its public Web site, www.adb.org. The ADB, a multilateral development finance institution, was founded to promote the social and economic progress of the Asia-Pacific region.

Because of its far-reaching presence, the ADB began investigating a global knowledge management solution as part of an overall IT system upgrade. Information at the ADB currently is scattered, stored in different formats and in different places. A knowledge management system will allow ADB employees to find what they are looking for quickly, and will alleviate many frustrations. Core to the system, Excalibur RetrievalWare is the first piece of the knowledge management puzzle being fitted.

"When we decided to transform our current document management system, we knew we would need a superior search product to use as the foundation," said Bill Peterson, senior external relations officer at the Asian Development Bank. "After looking at several search solutions, we decided to use Excalibur RetrievalWare because of its error-tolerant pattern recognition, support for unlimited file types and industry reputation."

When complete, the ADB's knowledge management system will link all of the ADB's resident and regional missions and representative offices to the information critical to their jobs. With headquarters in Manila, Philippines, the ADB has resident missions - the equivalent to commercial bank branches - in Bangladesh, Cambodia, India, Indonesia, Kazakhstan, Kyrgyz Republic, Lao People's Democratic Republic, Nepal, Pakistan, People's Republic of China, Sri Lanka, Uzbekistan and Vietnam, and has plans to open a resident mission in Mongolia. The ADP also operates a regional mission in Port Vila, Vanuatu and representative offices in Frankfurt, Tokyo and Washington, DC.

About Excalibur RetrievalWare

Excalibur RetrievalWare is a high-performance intelligent search system which allows broad flexibility and scalability for implementation across corporate intranets and extranets. Excalibur RetrievalWare enables users to index and search a wide range of distributed information resources, including text files, HTML, documents, relational database tables, over 200 proprietary document formats (such as word processors and publishing systems) and groupware repositories.

Advanced search capabilities include concept and keyword searching, pattern searching and query-by-example. Excalibur RetrievalWare excels in distributed client/server environments with hundreds or thousands of users, documents, images and/or multiple media assets.

About The Asian Development Bank

Founded in 1966 by 31 member governments and headquartered in Manila, Philippines, the Asian Development Bank extends loans and equity investments to its developing member countries (DMCs) for their economic and social development, provides technical assistance for the planning and execution of development projects and programs and for advisory services, promotes and facilitates investment of public and private capital for development, and responds to requests for assistance in coordinating development policies and plans of its DMCs.

The ADB's primary goal is to fight poverty. The ADB continues to carry out activities to promote economic growth, develop human resources, improve the status of women and protect the environment. Its other key development objectives, such as law and policy reform, regional cooperation, private-sector development, and social development, also contribute significantly to this main goal.

About Excalibur Technologies Corporation

Founded in 1980, Excalibur Technologies Corporation (Nasdaq: EXCA) is a recognized leader in high-performance, search-powered, multimedia content management solutions for intelligently capturing, indexing, managing, accessing and utilizing valuable digital content - including text, images and video. Excalibur works with Global 2000 corporations, software developers, application service providers and government agencies to power Intranet and Internet solutions, corporate portals and eCommerce sites.