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TERAGRAM TO PROVIDE IDENTIFICATION AND TAGGING SERVICE ON PUBLIC COMPANIES FOR FORBES.COM PERSONALIZATION TOOL "ATTACHE"
CAMBRIDGE, Mass. - November 29, 2005 -Teragram, the leading provider of multilingual natural language processing technologies, today announced that Teragram's Entities Extraction technology has been deployed as part of the Forbes.com 'Attaché' news alerts and content search service. Teragram's technology automates the task of identifying and tagging public companies covered in Attaché's incoming news feeds. Every day, thousands of registered public companies in the United States generate a steady flood of important business news and financial announcements. Teragram's powerful linguistic technology rapidly processes incoming data, automatically adding ticker symbols, metadata, and links to detailed company information, driving quicker, more efficient access to information for the site's millions of users. "Instant access to information is crucial for our users," said Michael Smith, general manager of operations, Forbes.com. "Teragram's technology helps us provide accurate alerts and retrieve critical information on public companies as quickly as it is disseminated. We've been very impressed with the results since we launched with Teragram." Teragram technology enables Forbes.com to aggregate news from major search engines based on ticker symbols. At the same time, other Internet news portals are able to automatically index content from Forbes.com based on this metadata, increasing online readership and directing valuable traffic back to Forbes.com. "Teragram's technologies focus on getting a handle on monstrous amounts of information, so we are pleased to be working with a major news portal like Forbes.com," said Yves Schabes, Ph.D., president and co-founder of Teragram. "Our Entities Extraction software integrates with Forbes.com's highly sophisticated search technologies to quickly retrieve news from around the world. Forbes.com can now instantly deliver that news to subscribers' desktops, saving end-users time while keeping them informed."
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