Invention Machine and Viador Enter Into Strategic Partnership
Added: (Wed Nov 15 2000)
Pressbox (Press Release) -
Marissa Adami or Suzanne Cote
Invention Machine Corporation Viador Inc.
Sterling Hager, Inc.
INVENTION MACHINE AND VIADOR ENTER INTO STRATEGIC PARTNERSHIP
--Invention Machine’s Semantic Technology to Provide Search Processing Capabilities
to Viador’s Healthcare E-Portal Suite--
BOSTON, Mass. and MOUNTAIN VIEW, Calif.- November 15, 2000 - Invention Machine Corporation, a leader in semantic processing technology, and Viador Inc.™ (NASDAQ: VIAD), the number one enterprise portal provider, today announced the formation of a strategic partnership. The agreement will allow researchers, physicians and other Viador healthcare clients to perform more substantive and quality research through the integration of Invention Machine’s semantic technology, as well as access to its vertical knowledge base, CoBrain.com.
“The incorporation of CoBrain and CoBrain.com into Viador’s E-Portal SuiteÔ for the Healthcare industry will give doctors and researchers, who have typically relied on search engines, access to semantic processing, reducing the time spent looking for information and increasing the time spent studying relevant research,” said Steve Dunkle, director of healthcare practice, Viador Inc. “With the increased financial pressures on hospitals, doctors often juggle
medical practices and research. Recognizing these demands, Viador is offering its customers state-of-the-art research tools as a value-added portal service.”
The exponential growth of medical research demands a new generation of smart software tools for healthcare providers, and Invention Machine’s semantic technology is a key factor in harnessing this information. Users of CoBrain and CoBrain.com benefit from the ability to find the most salient information in an actionable form, by eliminating the need to read documents for relevant information. Instead, users are immediately directed toward pertinent data and specific answers to their questions. The alliance between Viador and Invention Machine will deliver intelligent healthcare content in Internet-time, ensuring more accessible and useful information for the healthcare industry.
“As a proven knowledge-mining solution, Invention Machine’s software is a natural addition to the portal services offered to Viador’s healthcare customers,” said Gerard Zaal, vice president of business development at Invention Machine. “Companies such as Intel, Colgate-Palmolive and B.F. Goodrich already use our semantic technology to streamline their companies’ research and development processes and knowledge management initiatives.”
Viador’s E-Portal Suite helps healthcare clients by providing Web-based portals that allows for efficient sharing of information and resources. Viador is extending the capabilities of the E-Portal Suite through strategic partnerships that create healthcare solutions specifically tailored to their customers needs.
About Viador Inc.
Viador Inc.™ (Nasdaq: VIAD), the number one enterprise portal company, is helping corporations leverage their information and technology assets to gain business advantages. Viador and its Viador E-Portal Suite solution have already received industry recognition and awards including the Deloitte & Touche Fast 50, CIO’s WebBusiness 50/50, CrossRoads 2000 A-List, DCI’s Excellence in Business Information, Federal Computer Week's Top 10 Companies to Watch list, IBM's Solution Showcase Award, and being named to the InfoWorld 100. Viador’s innovative technology is used by customers including 3Com, Charles Schwab, Federal Aviation Administration (FAA), IBM, Lucent Technologies, Nortel Networks, Shiseido, Sprint PCS and Xerox. Viador has strategic relationships with leading consulting and E-Business companies including Hewlett-Packard, IBM, Deloitte Consulting, SAP and ACS. Viador is headquartered in Mountain View, Calif. For more information, call 650-645-2000 or visit the Web site at www.viador.com.
About Invention Machine Corporation
Invention Machine Corporation is powering the semantic Web with world-class knowledge-based innovation solutions that capture relevant information and extract knowledge from multiple electronic sources. The Company manufacturers software that understands the often-subtle relationships between words, enabling it to extract all key concepts and automatically build a semantic index organized in a problem-solution format. Invention Machine’s proprietary semantic processing technology provides Internet- and intranet-enabled solutions that harness the power of linguistic reasoning algorithms to provide innovative engineering concepts and breakthrough products that allow users to research, define and solve problems quickly and accurately. Global corporations use Invention Machine’s technology to automatically build enterprise knowledge portals, populate Internet portals, and generate value-added content for Web sites. Corporations find that the results yielded enable them to leverage their intellectual assets for competitive advantages and explore new revenue streams. Headquartered in Boston, Mass., Invention Machine has offices in France, Germany, Italy, Japan, Sweden, the United Kingdom and Venezuela. Information about Invention Machine and its solutions are available by phone at 800-595-5500 or 617-305-9250, by email at email@example.com, or on the Internet at www.invention-machine.com.
Viador Safe Harbor
Statements in this release that are forward looking involve known and unknown risks and uncertainties, which may cause the Company’s actual results in future periods to be materially different from any future performance that may be suggested in this release. Such factors may include, but are not limited to, demand for and market acceptance of the Company’s products and services, expansion into international markets, introductions of products and services or enhancements by the Company and its competitors, competitive factors that affect the Company’s pricing, the timing of customer installations, the mix of products and services the Company sells, the timing and magnitude of capital expenditures (including costs relating to the expansion of operations), the size of customer orders, the hiring and retention of key personnel, conditions specific to the internet industry and other general economic factors, and new government legislation or regulation. Reference is made to the discussion of risk factors detailed in the Company’s filings with the Securities and Exchange Commission, including its reports under the Securities Exchange Act of 1934, as amended. Viador assumes no obligation to update any forward-looking statements contained in the press release.
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Editors note: Viador, the Viador E-Portal Suite, Viador B2B E-Portal, Viador Sage, Viador Information Center, Viador Gateway, Viador Sentinel, Viador PageBuilder, Viador PortletBuilder, Viador Portlet, Viador E-Portal Framework, and the Viador PDK, are trademarks of Viador Inc. of Mountain View, California. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.