To: Lee Walsh who wrote (937 ) 7/24/1998 3:02:00 PM From: P.E. Allen Read Replies (3) | Respond to of 119973
WORDCRUNCHER INTERNET THE NEWEST SEARCH ENGINE TECHNOLOGY TO TRADE PUBLIC ÿ ALPINE, UT. /July 21/Business Wire/ WordCruncher Internet Technologies, Inc. (www.wordcruncher.com) has an advanced indexing and search technology that has proven benefits both in single-language and in various, multi-lingual information retrieval settings, whether on a stand-alone PC, a Local Area network, a corporate Intranet or Extranet, or on the Internet at large. This technology has evolved over a fifteen-year period in a university environment with an estimated investment of millions of dollars and countless hours of development time. The technology and algorithms represent a significant advance over other search technologies in several areas, especially foreign language searching, morphology, relevance, contextual analysis, and in context display of search results. The world wide market opportunity for a net-server version of WordCruncher is over two billion dollars annually. Even at moderate penetration rates, the opportunity for WordCruncher and its investors is substantial. As any Internet user knows, finding information over the Internet can be a major task. "The need for the next generation of search tools is becoming critical", says Prabhakar Raghaven, an IBM researcher (Scientific American July 1998). "We feel WordCruncher Internet Technologies Inc. represents a real leap forward in search metaphors, in search and research tools, and in multi-lingual searching", says Mr. M. Daniel Lunt, President and CEO. The competition in the search application segment is stiff. As a general statement, there are five factors that give WordCruncher an advantage which we believe, is significant over all of the competing products. 1) No other product supports the full complement of languages supported by WordCruncher. 2) No other product has the "search WYSIWIG, in-context" display feature. 3) No other product includes the depth of analysis features included in WordCruncher. 4) No other product provides the same level of ability to utilize lexicons and morphing and stemming technology. 5) WordCruncher's management believes that the Company's Synchronous Scrolling Patent will give WordCruncher legal protection for a user interface and information delivery metaphor that will differentiate our product from any other in the marketplace. In short, WordCruncher is unquestionably the strongest multi-lingual search engine available, and it utilizes a display and analysis model that is an order of magnitude better than existing technologies. We expect to have shares in WordCruncher trading publicly by the end of July 1998. For additional information, contact M. Daniel Lunt, President at 801-756-8833, or Brokers and Analysts call Columbia Financial Group, Inc. at 888-301-6271. Back to the PR Center Return to WordCruncher in the News