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Convera to Provide Web Search Technology to Japan's All In One SolutionAugust 25, 2006; 02:03 AM Convera Corporation, a leading provider of search
technologies for professional workers, today announced that it has been
awarded a three-year agreement to provide private-label Web search
technology to All In One Solution (AIOSL), Inc., a Tokyo-based systems
integrator and Web hosting firm. The contract expands Convera's reach
in Asia and allows the Japanese technology firm to create Internet
search portals for the healthcare and entertainment markets. Japan
ranks third in the world after the U.S. and China in Internet usage
with nearly 70% of its population of 128 million online. "Convera's expertise in professional search and our multi- and cross-lingual abilities make us the perfect fit for AIOSL to launch new Web search portals," said Kurt Gastrock, Chief Operating Officer of Convera. "Convera can search information in more than 45 languages so forming country partnerships like this spreads our advanced search technology so millions more people worldwide can benefit from Convera." In January 2007, AIOSL is expected to launch two beta search sites initially that will target health information and entertainment, with the ability to extend to other vertical markets as they choose to expand. In addition to the three-year license agreement, Convera will provide technical training and content translation services. The contract will be based on a CPM, or cost-per-thousand, model that allows Convera to be paid on the basis of the number of overall search queries per day. "Convera can help us build and launch a professional search offering that the Japanese market really needs," said Mr. Yoshiteru Ueda, President and CEO of All in One Solution. "With Convera powering our search, we are confident that visitors to our Web sites will find exactly what they need." As part of its business strategy, Convera has announced a series of contract awards that showcases its search technology leveraged in broader commercial and technical applications. Recently, Convera announced a joint development agreement with United Business Media plc (UBM), a leading global business information company, to build and deliver a highly tailored Web search service aimed at the healthcare sector. Convera is a leading provider of search technologies for professional workers. Convera has developed a unified product platform that makes sense of vast amounts of information--wherever it resides--across multiple data formats, languages and meanings. Based on proprietary technologies that extract relevant results from public and private data, Convera enables professionals to quickly retrieve exactly the information essential for action. Convera's search platform is delivered as a hosted service, software or a bundled hardware and software package. Thousands of government and business professionals in 40 countries rely on Convera search solutions to power a broad range of mission critical applications. For more information, contact Convera at 800-755-7005, via e-mail at info@convera.com or on the Web at www.convera.com
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