VIENNA, VA, May 10, 1999 -- Excalibur Technologies (NASDAQ:EXCA), a leading provider of digital asset management and knowledge retrieval solutions, today announced that it has signed an integration and OEM agreement with Progressive Technology Federal Systems, Inc. (PTFS). The agreement calls for PTFS to integrate Excalibur RetrievalWare , Excalibur's high performance search and retrieval application, into PTFS's AVATAR Digital Asset Management System (ADAMS). ADAMS is the first ever Web-based "turn-key" solution for archiving, managing, retrieving and disseminating 100% of an organization's digital assets ranging from archived photographs, rare books, full text imaged and electronic documents, digital video/audio, and virtually any type of digital object.
ADAMS ArchivalWare is a Web based retrieval system powered by RetreivalWare's advanced search technology which combines pattern recognition with a powerful semantic network of more than 400,000 word meanings and 1.6 million word associations that are embedded within RetrievalWare. Excalibur's pattern recognition identifies patterns in digital code enabling it to recognize alternative spellings in words or sentences while the semantic network enables users to perform natural language searches that draw on a myriad of word meanings, related words, and concepts.
John Yokley, PTFS President commented that "PTFS's creative development and application of new technologies including image enhancement along with over a year of extensive software development allows ADAMS capture solutions to clean up and create accurate searchable text from documents which would previously need to be manually re-keyed. This capability when combined with Excalibur's advanced pattern recognition and semantic search ability provides a solution which can cost effectively digitize and retrieve searchable text from archived materials that date back over 200 years. ADAMS automatically links original images to text allowing the user to view the original document as it appeared decades ago! Several PTFS clients have indicated that they have been waiting for this solution for years."
PTFS is a Bethesda, MD based systems integration company which is highly focused in the areas of digital asset management systems, digital libraries, document imaging, library automation, production document conversion, forms processing, software engineering, and information/knowledge management solutions. PTFS's success in providing integrated digital library solutions for government and industry has allowed the company to grow at a rate of 100% annually since its inception in 1995. It is projected that ADAMS' initial success in the Newspaper industry will allow PTFS to continue this rate of growth for at least the next five years. Contact PTFS at 301-654-8088 x13, via e-mail at email@example.com, or visit the PTFS web site at www.ptfs.com.
About Excalibur Technologies Corporation
Founded in 1980, Excalibur Technologies Corporation (NASDAQ: EXCA) 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.