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TERAGRAM UNVEILS TK240 VERSION 5 TAXONOMY MANAGEMENT SOFTWAREFlagship Categorization Tool Enables Better Digital Information Management for Enterprise Environments CAMBRIDGE, Mass. - May 16, 2005 - Teragram, the leading provider of multilingual natural language processing technologies, today announced the general availability of Teragram TK240 Version 5, the company's flagship taxonomy management software. Teragram TK240 Version 5 allows content management specialists to develop, test and deploy taxonomies-or electronic categories-using Teragram's categorization and concept extraction technology that enables faster and more accurate classification of vast amounts of information in real-time. Teragram TK240 Version 5 automatically analyzes document contents and organizes them into flat or hierarchical taxonomies, as defined by administrators in an intuitive interface, to accelerate the retrieval of information. The visual environment of Version 5 enables administrators to quickly and easily add new categories or concepts to a taxonomy, allowing the flow of information within an organization to change instantly as needs and trends shift. For example, few industries are as content rich as the news media. Taxonomies help large media outlets establish categories to best track and organize concepts and information as news continually appears from reporters in the field, wire services and partner outlets. "Our paper covers all facets of news and is continually receiving updates, information and electronic content," said John Whall, director of applications development for Washingtonpost.Newsweek Interactive (WPNI). "The taxonomy management abilities of Teragram TK240 enable us to manage, process and present this constant flow of information in a way that is useful to our editors and, more importantly, our readers." Categorization is a unique challenge for media organizations such as WPNI as they cannot predict the news. As it's difficult to set up taxonomies on continually breaking news stories, the ability to be flexible and have a software tool that delivers quick, accurate categorization is essential. Washingtonpost.com has 350 topical nodes and more than 2,000 sub nodes to which it can map electronic content. Teragram's taxonomies save time because topical destinations are pre-determined through rules-based associations established by in-house content managers, therefore automating a process that was previously done manually. "Modern news agencies require huge amounts of storage, organizational tools and the continual categorization of electronic content," said Dr. Yves Schabes, president and co-founder of Teragram. "Few enterprises are as taxonomy dependent as the media market, therefore tools such as Teragram's TK240 Version 5 deliver immediate value." Teragram TK240 Version 5 offers a range of unique benefits to taxonomy developers, including a fast, intuitive graphical interface enabling efficient and effortless taxonomy development, testing and deployment. Teragram's powerful taxonomy management and linguistic processing engines means it has applications in virtually all areas, including business intelligence, work-flow management, and document tagging.
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