Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Popiye who wrote (19137)	8/18/1999 3:37:00 PM
From: Olsinvest	Read Replies (1) \| Respond to of 25711

CAMBRIDGE, Mass., Aug 17, 1999 (BUSINESS WIRE via COMTEX) -- GensymCorporation (Nasdaq:GNSM), a leading provider of intelligent operations management software and services, announced today the availability of G2 Fermentation Expert 2.0. Primarily targeted for the pharmaceutical, food, and beverage industries, G2 Fermentation Expert helps increase yields and reduce variability of fermentation processes through its advanced modeling and control capabilities. "Fermentation is a difficult process to control due to the variability of raw materials, cultures, and process conditions," said Bob Moore, Gensym's president. "This variability can adversely affect quality and yields and lead to additional processing, schedule disruptions, and lost production. Fermentation Expert helps maintain high levels of quality and yields by utilizing process measurements, historical data and intelligent software technologies - such as neural networks, fuzzy logic, and rule-based reasoning - to provide operators with real-time analysis of fermentation processes." Fermentation Expert 2.0 enhances the accuracy of its fermentation models by using optimization techniques together with neural networks to automatically determine the best models. Fermentation Expert uses its models to provide real-time estimates of key process conditions that can only be physically measured off-line, such as concentration levels for product and byproduct. The models also help ensure the accuracy of probes and instruments through sensor validation techniques. Version 2.0 provides improved visualization of fermentation conditions and faster setup of an application through an enhanced user interface. "Our introduction of Fermentation Expert in early 1998 was a result of our continued commitment and success in the pharmaceutical industry", added Dr. Moore. "Gensym software has been used by 18 of the world's 20 largest pharmaceutical companies for a variety of advanced applications, including the modeling and control of manufacturing processes. By closely working with these companies, we identified fermentation as an area with excellent payback potential through the application of Gensym technology. Several major pharmaceutical companies are now using Fermentation Expert and other Gensym software for managing their fermentation processes. Their return on investment for fermentation applications is typically less than one year. With the release of Fermentation Expert 2.0, we have significantly strengthened our ability to help our customers improve their fermentation operations." Support and Pricing Gensym's G2 Fermentation Expert 2.0 is typically bundled with installation and training services. Gensym also offers a Remote Software Support option as part of customer support services. Remote Software Support enables Gensym's support staff to view and interact with a customer's onsite Fermentation Expert installation. G2 Fermentation Expert is supported on Windows NT and UNIX platforms and is priced according to configuration and functional options. About Gensym Founded in 1986, Gensym Corporation is a leading supplier of software and services for intelligent operations management. Common applications include modeling and simulation for improved process design and optimization; intelligent monitoring and control for more efficient process control and higher levels of safety; fault management and diagnosis for greater levels of asset and service availability; and intelligent scheduling for optimizing production in real time. Gensym has sold more than 11,000 product licenses to organizations in manufacturing, communications, aerospace, transportation, government and other industries. Based in Cambridge, Massachusetts, Gensym has worldwide coverage with offices in North America, Europe, the Middle East and Asia-Pacific. Visit Gensym online at gensym.com. Gensym and G2 are registered trademarks and G2 Fermentation Expert is a trademark of Gensym Corporation. All other trademarks are owned by their respective companies. This document contains certain forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. Such risks and uncertainties include, but are not limited to, fluctuations in customer demand, intensity of competition from other solutions vendors, timing and acceptance of new products, and general economic and industry conditions, as well as other risks included on Form 10-Q for the quarter ended June 30,1999, as filed with the Securities and Exchange Commission and available on the Web at gensym.com. Gensym Corp. assumes no obligation to update the information contained in this press release. Copyright (C) 1999 Business Wire. All rights reserved.