Business Services Industry

Convera's Search Technology Embedded in Latest Intraspect Software Offering; OEM Integration Provides Intraspect Customers with Robust Search Capabilities for Large-Scale Deployments

Business Wire, August 13, 2002

Business Editors/Hi-Tech Writers

VIENNA, Va.--(BUSINESS WIRE)--Aug. 13, 2002

OEM Integration Provides Intraspect Customers with

Robust Search Capabilities for Large-Scale Deployments

Convera (Nasdaq:CNVR) today announced that Intraspect Software, Inc., a leader in delivering collaboration solutions that enable organizations to support, adapt and improve their existing business processes, has embedded Convera's RetrievalWare(R) search, retrieval and categorization technology as part of its Intraspect 5.5 product release.

With RetrievalWare, Intraspect 5.5 delivers several significant architectural enhancements in the areas of search and query to support its customers' enterprise deployments, including increased capacity for millions of documents, increased performance and scalability for searches under heavy loads, the ability to index a greater number of document types, and stronger future support for multi-lingual repositories and documents.

With its modular product architecture, Intraspect was able to complete the OEM integration with Convera rapidly and efficiently, meeting time-to-market requirements for the Intraspect 5.5 release.

"We see this partnership as a win-win for Intraspect customers," said Peter Friedland, Intraspect co-founder and vice president of strategic analysis. "Search has always been a strength for Intraspect, as we have been applying search and query capabilities to our collaborative applications for years. Now, with RetrievalWare's robust scalability, we provide for the long-term growth of even the largest of our enterprise deployments."

"In evaluating search vendors, the right technical and architectural fit was critical to us," adds Don Tirsell, senior director of product management at Intraspect. "With Convera, we found the right mix of product functionality, APIs, and top-notch support to help us to complete our integration successfully and in a timely manner."

About Intraspect Software

Intraspect Software is a leader in delivering collaboration solutions that enable organizations to support, adapt, and improve their existing business processes.

Recently honored with Network Computing's 2002 Most Outstanding Product of the Year award, Intraspect offers a powerful enterprise collaboration platform, combined with tools and an application framework that enables the rapid delivery of solutions that easily integrate into the processes used to drive business.

Companies use Intraspect's collaborative workspace solutions to create, capture, share, and leverage intellectual capital to enhance customer relationships, drive down costs, pursue new revenue opportunities, and get products and services to market faster.

Customers achieving a strong return on investment with Intraspect's award-winning solutions include Bank of America, Barclays Global Investors, Cadence Design Systems, Chevron, GE Equity, Hill & Knowlton, J.P. Morgan Chase, KPMG Consulting, LSI Logic, Ogilvy and Mather, Reed Elsevier, Sun Microsystems, and WPP Group.

Intraspect also partners with industry leaders such as Artemis, BEA, Dimension Data, Epicentric, Evolve, KPMG Consulting, Microsoft, Onyx, Oracle, PricewaterhouseCoopers, SAP, Sierra Atlantic, and Sun Microsystems to deploy customized solutions. For more information visit www.intraspect.com.

About Convera

Convera is a leading provider of search, retrieval and categorization software products and solutions that enable organizations to integrate all sources of information, navigate that information to return needed answers and collaborate on results published to internal and external portals or other applications.

Convera's advanced technologies and products enable organizations to optimize the value of all their content, establishing an information infrastructure that effortlessly scales to provide large numbers of users with fast, accurate, web-enabled access to all relevant information for a broad range of business critical applications including enterprise portals, knowledge management, customer relationship management and many more.

For more information, contact Convera at 800/788-7758, via e-mail at info@convera.com or on the Web at www.convera.com.

This release, including any statements from Convera personnel, contains statements about Convera's future expectations, performance, plans, and prospects, as well as assumptions about future events.

The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, business and economic conditions and trends; continued success in technological advances; possible disruption in commercial activities caused by terrorist activity and armed conflict, such as changes in logistics and security arrangements; reduced customer demand relative to expectations; competitive factors; and other risk factors listed from time to time in the company's SEC reports.

Actual results may differ materially from our expectations as the result of these and other important factors relating to Convera's business and product development efforts, which are further described in Convera's filings with the Securities and Exchange Commission. These filings can be obtained from the SEC's website located at www.sec.gov.


 

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