TERAGRAM CATEGORIZATION TECHNOLOGY SELECTED FOR REED BUSINESS INFORMATION ONLINE

World's Largest Business Publisher Chooses Teragram for Powerful Linguistic Capabilities

CAMBRIDGE, Mass. - January 24, 2006 - Teragram, the leading provider of multilingual natural language processing technologies, announced today that it has been selected to provide Categorization and Entities Extraction technologies to Reed Business Information (RBI), the world's largest global business-to-business publisher. Teragram technology will power more accurate, relevant and instantaneous information retrieval and presentation across the more than 900 online media properties owned by RBI.

"Our online portals serve a very wide range of rapidly changing markets, so the presentation of information must be as flexible as the interests of our readers," said Graeme McCracken, project director for RBI Search. "Teragram provides us the power, accuracy and speed needed to manage the vast amount of information flowing through our Web sites worldwide."

Teragram's advanced categorization technologies address a unique challenge faced by media organizations such as Reed Business. Reed's online properties must present a multitude of news topics coherently and simultaneously. Teragram Categorization and Entities Extraction technologies address this need by providing instant, advanced classification of news stories according to custom criteria, such as an end user's search query. This enables faster and more accurate access to the specific topics that match the interest of a given user, regardless of the original document's location. In doing so, Reed Business will be able to provide relevant content not only from within the searched property, but across all of its online publications.

"Reed Business is one of the world's leading information providers when it comes to business, and we are excited to help manage the massive amount of information the company produces each day," said Dr. Yves Schabes, president and co-founder of Teragram.

Situated in five continents, Reed Business Information companies are leading providers of information and marketing solutions to decision makers and professionals. Its portfolio of market leading brands makes it the preferred communication partner across a range of markets from agriculture to technology. Reed's services include business magazines and Web information services, directories, search engines, conferences, business lists and market research. The company's most popular properties include Variety, New Scientist, Airline Business, Kellysearch, Computer Weekly, and Flight International.

About Reed Business
Reed Business, the world's largest global business-to-business publisher, is the business-to-business division of the Reed Elsevier Group plc (NYSE: RUK, ENL) - a world-leading publisher and information provider operating in the science and medical, legal, education and business-to-business industry sectors. Its US-based arm, Reed Business Information, offers business professionals in the media, manufacturing, electronics, construction and retail industries more than 100 market-leading business-to-business publications, 75 Webzines and Web portals, custom publishing, directories, research and direct-marketing lists.

About Teragram
Teragram is the market leader in multilingual natural language processing technologies that use the meaning of text to distill relevant information from vast amounts of data. Founded in 1997 by innovators in the field of computational linguistics, Teragram alone offers the speed, accuracy and global language support that customers and partners demand to retrieve and organize growing volumes of digital information. Teragram helps customers perform more efficient searches and better organize information in more than 30 languages, enabling them to reach new markets and make better decisions. Teragram serves customers across the publishing, pharmaceutical, telecommunications and financial industries, including Ariba, Ask Jeeves, CNN, Factiva, FAST Search & Transfer, Forbes.com, InfoSpace, Kofax, NYTimes Digital, OneSource, Ricoh, Sony, Verity, WashingtonPost.com, the World Bank, and Yahoo. For more information please contact 1-617-576-6800 or visit http://www.teragram.com/info