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TERAGRAM ANNOUNCES GENERAL AVAILABILITY OF TERAGRAM TK240 FOR COLLABORATIVE DEVELOPMENT Version 2.0Teragram Collaborative TK240 Enables Enterprise-Wide Cooperation on Developing and Managing Taxonomies CAMBRIDGE, Mass. - April 25, 2005 - Teragram, the leading provider of multilingual natural language processing technologies, today announced the general availability of Teragram TK240 for Collaborative Development version 2.0. This optional add-on software module, based on Teragram's flagship taxonomy management software and categorization engine, enables teams of specialists in an organization to collaboratively create, manage, and implement taxonomies in real time, increasing the efficiency and accuracy of information retrieval and deployment across an enterprise. TK240 for Collaborative Development uses Teragram's innovative categorization technology to instantly analyze document contents and organize them into flat or hierarchical taxonomies that facilitate and accelerate the retrieval of information. At the same time, the software enables more than one developer to modify the taxonomy and categorization rules for the same project, enabling users to work simultaneously while individually accessing the specific portion of the taxonomy that is most appropriate. Multiple information workers using TK240 for Collaborative Development to organize large corporate archives, for instance, can work simultaneously on specialized portions of the master taxonomy without conflicting with or overwriting the other's work, thus allowing such large taxonomies to be developed far more quickly and effectively. "Teragram TK240 for Collaborative Development opens the door for businesses, corporate librarians, media publishers and researchers to take better advantage of the electronic information they work with on a daily basis," said Teragram Co-Founder and President Dr. Yves Schabes. "Fast and accurate information management is critical to all organizations, and TK240 allows users to share their knowledge across teams and workgroups, as well as develop and deploy taxonomies across the enterprise."
TK240 for Collaborative Development offers a range of unique benefits to taxonomy developers, including:
"Teragram's world-class linguistic processing technology is already at use in many industries, including the media, financial services, homeland security, search portals and others," says Dr. Schabes. "TK240 for Collaborative Development helps harnesses the power of taxonomies to forge pathways to information and uncover answers to questions that may otherwise be hidden."
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