To: ynot who wrote (4664 ) 3/25/1999 9:04:00 PM From: ciVic Read Replies (2) | Respond to of 13776
BNTI - been watching it for a while NR out today after market close... give it a read tell me what you think March 25, 1999 19:39 BrainTech Inc. Introduces Its Unique BrainTron II Classifier Jump to first matched term VANCOUVER, British Columbia--(BUSINESS WIRE)--March 24, 1999-- BrainTech(OTC BB:BNTI) will demonstrate its new BrainTron II classifier at the Detroit Robotics Show in May, 1999. The BrainTron II is an adaptive vector classifier which can be used in often hostile environments to classify (multi-sensor) data. It is the culmination of two years of research and testing at BrainTech's laboratories. The classifier is one of the modules in BrainTech's Odysee Development Studio, also being introduced at the show. Classifiers are used to "generalize" often complicated data to meaningful labels. For instance, in a video recognition system (see bnti.com , the classifier is able to identify objects in video as "tank," "truck," "unknown," etc. One example of an input vector would be to use the gray-scale histogram (typically 256 entries long). Each "vector" is then associated with known objects. The BrainTron II classifier is unique in the vision system arena. It features all the advantages of neural-net learning in addition to the ability to be trained, re-trained, and edited on the fly. Since BrainTron II is a robust method for classification of input signature vectors derived from the objects in the image, the engineering can be focused on the other main component of a vision system: the sensor-transform pairing. "BrainTron II is the new high-water mark for vector classifiers," states Charles Hooge, VP-Research and Development for BrainTech, "it can be used in any application where the operator can no longer perform classification manually due to constraints in time or complexity. BrainTron II can be adaptively trained using on-line data without the need for costly training sets. Training sets are typically used to 'teach' classifiers -- the BrainTron II is able to learn on-the-fly thereby avoiding this time and cost." "We are pleased to offer this robust classifier into the market," states Owen Jones, CEO of BrainTech. "The release of BrainTron II demonstrates BrainTech's commitment and dedication to producing world-class products." BrainTech, Odysee and BrainTron are registered trademarks of BrainTech Inc. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by BrainTech Inc.) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the high technology industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future, and accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of BrainTech Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financial activities, domestic and global economic conditions, changes in federal or state income tax laws, and market competition factors. CONTACT: BrainTech, Inc. Richard Simpson, 604/988-6440 or Jennifer Burke, 604/988-6440 jennifer@bnti.com www.bnti.com