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NetCurrents, Inc. |
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DeepBridge, Inc. |
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June 28, 2000 Intelligenesis changing its name to WebMind, Inc. |
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June 26, 2000Webmind announces strategic partnership
with DeepBridge Content Solutions |
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| Lead Story NetCurrents Partners with Webmind to add Artificial Intelligence Functionality Artificial Intelligence Technology Extends AgencyFacts Functionality, Positions Company for Continued Rapid AgencyFacts Growth BURLINGAME, Calif.--(BUSINESS WIRE)--June 7, 2000-- NetCurrents Service Corp., a subsidiary of NetCurrents, Inc. (Nasdaq:NTCS), The Premier Internet Intelligence Agency, today announced they have partnered with Webmind Corporation to add sophisticated artificial intelligence technology to their AgencyFacts Internet monitoring and analysis service. With the addition of Webmind' Webmind(TM) artificial intelligence system, NetCurrents can provide automated Internet intelligence services to public and investor relations agencies. "The addition of Webmind artificial intelligence allows us to automate much of the routine Internet analysis for our AgencyFacts customers,'' said Carlos Gonzalez, Chief Technology Officer for NetCurrents. "Webmind' Webmind technology has the ability to understand the meaning of concepts expressed in text and numerical data. As more and more agencies embrace the benefits of our AgencyFacts services, Webmind allows us to significantly expand monitoring and analysis capacity without substantially increasing Internet strategist staffing. This removes any staffing pressures associated with wide-scale adoption of our AgencyFacts product, and allows us to enjoy improved revenue margins as we continue to deliver this product.'' NetCurrents decided to approach Webmind after evaluating a wide variety of competing artificial intelligence technologies. Carlos Gonzalez added, "Our evaluation convinced us that Webmind represents the leading edge in artificial intelligence technology. The Webmind system met all of our needs in terms of accuracy, robustness, and flexibility. In addition, we are excited to be working with them on additions and enhancements to their expandable technology.'' NetCurrents' AgencyFacts, developed specifically for the needs of public relations and investor relations agency customers, is a fully integrated Internet monitoring and analysis solution allowing real-time comprehensive monitoring of Internet-based information in a unique graphic format. The service is delivered on customized, secured client web portals, allowing subscribers to monitor specific real-time rating and categorization information about their corporation. Information includes: most talked about topics, online sentiment, most active posters, real-time percentage breakdown of volume on the most active message boards and the 10 most recent messages within minutes of posting. "NetCurrents impressed us with both its early recognition of how information on the Internet can affect a company's image and its proactive approach to managing these perceptions for clients,'' said Andy Siciliano, Chief Executive Officer of Webmind Corp. "Cutting-edge firms like NetCurrents are ideal partners for our Webmind technology.'' About NetCurrents Service Corp. NetCurrents Service Corp., a wholly owned subsidiary of NetCurrents Inc., The Premier Internet Intelligence Agency, analyzes communications from a universe of targeted Internet locations in real-time. The Company provides clients critical information and counsel to protect their corporate image, measure consumers' perceptions, and counter misinformation on the Internet. For more information on NetCurrents services visit www.netcurrents.com. About Webmind Corporation Webmind Corporation is pioneering a new breed of digital intelligence for the Internet information economy. Webmind, its groundbreaking artificial intelligence software architecture, transforms documents and databases into a dynamic mind-like network of associations that enable it to understand the meaning of information. Webmind technology is currently being implemented in a portfolio of advanced text categorization, e-business search and navigation, and financial prediction tools for New Media, E-Commerce, Customer Relationship Management and Financial Services markets. Webmind has approximately 105 employees located primarily in New York City, Silicon Valley, and Brazil. For more information on Webmind, visit www.shareland.com/webmind_website. This news release contains forward-looking statements within the meaning of Section 37A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties. A number of factors could cause actual results to differ from those indicated in the forward-looking statements, including the both Company's ability to continue to successfully market AgencyFacts, continuation of the strategic alliance with Webmind, general economic conditions and other risks that are discussed in the Company's filings with the Securities and Exchange Commission (including the Company's Annual Report on Form 10-KSB). The Company undertakes no obligation to publicly update or revise the forward-looking statements whether as a result of new information, future events or otherwise. Contact: Strategic/Ampersand |
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