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Weekly News Digest
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May 7, 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.
CLICK HERE to view more Weekly News Digest items.
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Intelliseek Announces a Suite of Enterprise Intelligence Solutions
Following its recent $8 million funding by Ford Motor Co. and Nokia Ventures Partners, Intelliseek, Inc.(http://www.intelliseek.com) has announced two major product lines: Enterprise Search Server (ESS) and Corporate Intelligence Service (CIS).Intelliseek Enterprise Search Server provides a unified search interface to thousands of information sources and databases across the corporate intranet, extranet, subscription sources, and the Internet. ESS offers patent-pending Adaptive Search technology to intelligently route users' queries to the best sources for more relevant results, and features an automated tracking and alerting system. Corporations can also use the XML-based, intelligent agent services of ESS to build custom applications that require automated aggregation, analysis, tracking, and categorization of information from distributed information sources. Intelliseek Corporate Intelligence Service is a comprehensive, real-time online monitoring service that allows corporations to get timely insights into consumer discussions and media coverage about their products or services, potentially damaging rumors, and competitor activities. CIS is a secure ASP service built on Intelliseek's ESS platform. CIS version 2.0, expected to be released this quarter, offers broad media coverage as well as consumer word of mouth. According to the announcement, the service can monitor thousands of message boards on the Web, tens of thousands of forums on Usenet, thousands of online sources for news and publications, and more. The company also operates ProFusion.com, a destination site for business users that showcases its Enterprise Search Server capabilities, and offers the BullsEye family of applications for individual Web researchers. Source: Intelliseek, Inc.
Bright Station Changes Its Focus and Will Restructure
The board of Bright Station, PLC (formerly MAID, then Dialog, then Bright Station; http://www.brightstation.com) has announced that it is repositioning the company as a "pure play" knowledge management business through its Smartlogik subsidiary. The company will restructure and "rationalize" some of its e-commerce businesses, and will seek new funds to continue in the future. According to a press release, "The board has concluded that it is no longer feasible to continue its current rate of cash expenditure in support of all of its business initiatives notwithstanding their potential for value creation."In addition, most of the current board will "stand down," including chairman Allen Thomas, founder and chief executive Dan Wagner, and finance director David Mattey. Then, it's intended that the operating board of Smartlogik, led by chairman David Jefferies and chief executive Stephen Hill would become members of the Bright Station board. According to the statement, "the board believes that Smartlogik is a company of significant potential and, if adequately funded, its management is capable of delivering substantial value for shareholders, particularly if free from any legacy issues associated with the current Bright Station structure." Reduction on the e-commerce side of the company may include the disposal or closure of Sparza (e-commerce hosting) and Officeshopper (business supplies vendor) and a reduction in corporate overhead. The board has also received an expression of interest from Wagner to acquire certain assets and liabilities associated with the e-commerce businesses of the group. The precise terms of this proposal have not been announced. The Smartlogik subsidiary (http://www.smartlogik.com) is a provider of search and categorization solutions that enable unstructured information to be presented with a high degree of precision and relevance. The Smartlogik solutions derive from Muscat search technology (now called muscatsearch) and InfoSort structure technologies (now renamed muscatstructure). Competitors to Smartlogik reportedly include Autonomy, Sopheon, and Verity. Source: Bright Station, PLC
Lexis-Nexis Announces Alliance with Telebase
Lexis-Nexis (http://www.lexis-nexis.com) has announced an alliance with Telebase (http://www.telebase.com; a division of Office.com, Inc.) to extend availability of the Directory of Corporate Affiliations (DCA) linkage database on the Internet. DCA is published by National Register Publishing, which is a unit of the Lexis-Nexis Group. Under the terms of the agreement, Telebase will enable widespread access to the Directory of Corporate Affiliations from any Web site interested in making the information accessible to its users. In addition to providing the necessary technology infrastructure to Web-enable the database, Telebase also provides the technology to access DCA on a pay-per-use basis. A direct-to-end-user application can be found at http://www.bizlinkage.com.DCA is a comprehensive resource that offers instant insight into more than 137,000 parent companies, affiliates, subsidiaries, and divisions worldwide. The database has coverage of public and private companies worldwide and was formerly available only on a subscription basis. Tom Pierson, director of business development for the Lexis-Nexis Corporate and Federal Markets unit, said: "This partnership will allow us to dramatically expand access to that database to potentially hundreds of B2B portals, communities, and verticals on the Web. With the Telebase solution, integration of DCA content will be easy, quick, and profitable as partner sites will share in the pay-per-use revenues generated by their users." Source: Lexis-Nexis
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Brandi Scardilli
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