“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.


About Convera

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

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; the ability to continue funding operating losses; fluctuations in operating results including impacts from reduced corporate IT spending and lengthier sales cycles; continued success in technological advances and development including the Excalibur Web offering; 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 reports to the Securities and Exchange Commission. 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 SEC. These filings can be obtained from the SEC's website located at www.sec.gov. Any forward-looking statements are based on information available to Convera on the date of this release, and Convera assumes no obligation to update such statements. The Convera design logo and the following are worldwide trademarks of Convera: Convera®, RetrievalWare®, Excalibur™ and Screening Room®. The names of actual companies and products mentioned herein, if any, may be the trademarks of their respective owners.

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Source: Convera

Source: Wired News