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Technology Stocks : Lightspan Inc, (LSPN)

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To: Xenogenetic who wrote ()6/13/2000 12:44:00 PM
From: Xenogenetic   of 58
 
LSPN competitor taps EXCA technology:

Leading Online Education Destination bigchalk.com Signs $750,000 Licensing Agreement with Excalibur

Excalibur Delivers High-Powered Intelligent Search Technology to over 40,000 Schools and 100,000 Consumers Using bigchalk's eLibrary Products

biz.yahoo.com

SAN JOSE, Ca.--(BUSINESS WIRE)--June 13, 2000-- Excalibur Technologies (NASDAQ:EXCA - news), a leading provider of intelligent search solutions for Intranet portals and Internet/eCommerce applications, today announced that it has signed a ten-year licensing agreement with bigchalk.com, a leading Internet education company dedicated to supporting the entire K-12 learning community on the Web.

Under the terms of the $750,000 agreement, Excalibur RetrievalWare© WebExpress has been integrated into bigchalk.com's line of eLibrary products, enabling over 40,000 schools and 100,000 consumers to intuitively and accurately search through millions of documents for answers or research material. bigchalk.com also intends to integrate WebExpress into a number of additional products before the end of the year.

The announcement was made at the eBusiness Conference and Expo, a business event focusing on the technologies of electronic commerce and E-business.

Excalibur RetrievalWare WebExpress provides the highly advanced search and retrieval component to eLibrary, enabling researchers to find information on virtually any topic by searching through a database drawn from hundreds of popular magazines, journals, newspapers and reference works, plus thousands of TV and radio transcripts, photographs and maps. In addition, WebExpress was selected because of its natural language capabilities (researchers find answers by simply typing in a question); its ability to sort results by a high-degree of accuracy and relevance, date, file size, reading level, publication, or source; and its ability to scale to support large numbers of simultaneous users.

``As we aim to double the amount of content available online, Excalibur plays a strategic role in delivering a powerful, highly scalable search engine that provides our audience with best of breed educational resources,'' said Steve Cisick, Director, IT, bigchalk.com. ``Excalibur also hits our scalability requirements by enabling hundreds of thousands of concurrent users to search across our massive index of media types.''

``Bigchalk.com has recognized the integral role that intelligent search technology plays in ensuring customer satisfaction,'' said Nathaniel Palmer, Analyst, The Delphi Group. ``Through the licensing of Excalibur's WebExpress Bigchalk has raised the bar on other eCommerce sites while adding a critical enabler for building customer loyalty -- giving customers the tools to quickly find exactly what they want on the site.''

About bigchalk.com

www.bigchalk.com is an education destination for the entire K-12 learning community. The company was formed when Bell & Howell Company and Infonautics, Inc., agreed to combine their K-12 education business units and form a separate company. www.bigchalk.com provides students with the resources they need to conduct research, access curriculum and collaborate with peers. www.bigchalk.com enables teachers to gain access to research and instructional tools for curriculum integration, and the largest collection of staff development information available on the Internet. Finally, www.bigchalk.com gives parents the information and communication tools they need to feel connected to their children's schools, and information on how they can best participate in their children's education. www.bigchalk.com ensures that all the learning tools it selects for its site strictly adhere to one core mission: to continually enhance and improve the educational process for everyone. Currently, www.bigchalk.com's core learning products are used in more than 40,000 schools across the country and include: The Electric Library©; ProQuest© for K-12; bigchalk Community; MediaSeek, a leading provider of Internet tools, technology and services for teachers to match instructional resources to educational standards and learning needs; HomeworkCentral.com; bigchalk Assessment; bigchalk Retriever; and bigchalk Classmate. www.bigchalk.com also distributes the WebED ( www.WebED.com) collection of professional development courses for teachers and school administrators. More information on www.bigchalk.com can be found at: www.bigchalk.com.

About Excalibur RetrievalWare WebExpress

Excalibur RetrievalWare WebExpress is an intelligent Internet search solution for premium web sites that are dependent on quick, accurate and reliable search. As an out-of-the-box or fully customizable solution, WebExpress provides superior search for the most strenuous web demands. Driven by an innovative hybrid-search engine technology - far surpassing the simplicity of Boolean (keyword) search - WebExpress understands natural language queries and translates them into concept-driven searches. Web Express is also error-tolerant, enabling users to make misspellings and still receive accurate results.

About Excalibur Technologies Corporation

Founded in 1980, Excalibur Technologies Corporation (NASDAQ: EXCA - news) is the pioneer of innovative Knowledge Retrieval software solutions that empower people and enables organizations to transform information into knowledge. As the world's leading developer of high-performance software products for search and retrieval of knowledge assets over all media types -- paper documents, text, images, video, and other multi-media data types, throughout intranets, LANs/WANs, Xtranets and the Internet -- Excalibur gives comprehensive access to find the precise information people need, no matter where it is stored, in whatever form.

Contact Excalibur in North America at 800-788-7758 or 703-761-3700, in the United Kingdom at 44-1344-893-444, via e-mail at info@excalib.com or visit our web site at www.excalib.com.

The Excalibur logo and the following are worldwide registered trademarks of Excalibur Technologies Corporation: Excalibur Technologies Corp.©, RetrievalWare©, Excalibur Visual RetrievalWare©, EFS©, and APRP©. Excalibur Internet Spider(TM), Excalibur Video Analysis Engine(TM), Excalibur Screening Room(TM), The Excalibur Edge(TM) partners program, and their respective logos are trademarks of Excalibur Technologies Corporation. All other names or marks may be registered trademarks or trademarks of their respective owners.
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