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To: Mark Oliver who wrote (2410)4/21/1998 5:58:00 PM
From: Shane M  Respond to of 3029
 
New developments from Iconovex. New programs. No contributions this quarter, but "expecting meaningful revenue by year end". Something new about indexing e-mail and a "large law firm"? Anybody know what this means?

Mark,

I'm also interested in the potential here.

The company had mentioned that Iconovex's search engine/indexer was being utilized by Columbia HCA. Apparently trying to use it to intelligently scan the medical databases to find relevent connections between many different patients with a certain condition.

The company felt that such search ability was applicable to other areas, and mentioned in the 10K that they were working with "one of the nation's largest law firms."

I would imagine the competition in this field is intense, but more power to them if they feel they can make this profitable. The sell of Iconomedica(sp) shows they're more than willing to part with outside businesses that don't meet their expectations. They must see good things on the horizon here.

Shane