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Weekly News Digest

September 10, 2001 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITI’s Twitter account: @ITINewsBreaks.

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Nstein Signs Contract with American Psychological Association for CAI

Nstein Technologies, Inc. (http://www.nstein.com), a Montreal-based developer of linguistic intelligence business solutions, announced the sale of its Nmedia Server user license to the American Psychological Association (APA; http://www.apa.org). The deal is worth approximately CDN $450,000 and is Nstein's second large-scale contract in the U.S. within a week. On August 28, Nstein signed a contract with news giant United Press International (UPI).

"To maintain our position as the world's premier psychology resource, we needed to secure a proven technology that would help us automate the tagging, abstracting, and indexing of our data in the most objective, accurate, and efficient way," said APA's senior director for the PsycINFO database, Linda Beebe. "Computer-Aided Indexing (CAI) is a ‘must have' for us. Our challenge is to maintain the accuracy of our indexing while automating. Nstein's CAI technology does that better than any other solution we looked at—and it reduces the time needed to perform these tasks by more than 30 percent."
 
Nmedia Server is an intelligent Computer-Aided Indexing software platform that automatically categorizes, classifies, and summarizes large volumes of unstructured text using Nstein's core Linguistic DNATM technology. The tool is designed for electronic information managers and distributors requiring CAI.

Source: Nstein Technologies, Inc.



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