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TERAGRAM CORPORATION CELEBRATES 10 YEAR ANNIVERSARY AS PIONEER IN LINGUISTICS AND TEXT ANALYTICS TECHNOLOGIESTeragram, a leading provider of multilingual text analytics and linguistic technologies, today announced the company's 10th year in business. Cambridge, Mass. - July 16, 2007 - Teragram (www.teragram.com), a leading provider of multilingual text analytics and linguistic technologies, today announced the company's 10th year in business. Since 1997, Teragram has worked with top publishers, news organizations, corporations and major search companies to distill relevant information from exponentially growing volumes of digital information through a variety of linguistic tools, including taxonomy management, entities and events extraction, real-time alerts and direct answering search technologies. Teragram is profitable and has experienced consistent growth in revenues in its history. In 2006 alone, Teragram's revenues grew more than 40 percent over the previous year. This growth is attributed to its steady rate of customer renewals as well as the acquisition of new, high-profile clients. The name Teragram -- derived from the words "tera," or trillions and "gram," or a written record -- is representative of the company's continuing goal to develop fast, scalable linguistic processing technologies for very large amounts of information. Building upon extensive dictionaries and grammars developed in-house in more than 30 languages and natural language processing software using those linguistic resources, Teragram's solutions set began with the licensing of its core suite of linguistic modules to the earliest search engines on the Web, such as Alta Vista, Ask Jeeves (now Ask.com) and Yahoo!. These linguistic tools include language modules for word formation in more than 30 major Western and Eastern European, Asian and Middle Eastern languages; modules for spelling correction ("Did you mean?") and syntactic parsing; entity extraction and queries classification. Teragram has since evolved from a provider of exclusively OEM-licensed technologies to a company offering a full suite of stand-alone linguistics and text analytics products including automatic categorization, taxonomy management, entities extraction and automatic metadata generation. Building upon its linguistic software and resources, Teragram created a variety of text analytics solutions which are currently at work at such organizations as The New York Times Corporation (i.e., "Times Topics"), The Associated Press, CNN.com (i.e., real-time topic-based email news alerts), WashingtonPost.com, ABCNews.com and more. Today, Teragram is the undisputed leader in providing linguistics and text analytics technologies to the news media and publishing sector. These modules create a more efficient way to access information, based upon the context of word usage. Rather than using keyword-based search and retrieval, Teragram built a series of solutions that parse meaning from digital content. These technologies include taxonomy management, automatic categorization, automatic metadata generation, entities and events extraction and more. For a complete list of products, see: http://www.teragram.com/solutions/index.htm and http://www.teragram.com/oem/index.htm. Recently, Teragram launched a revolutionary mobile information retrieval application named MyGADs.com which allows users to create, share and search personalized collections of information, known as GADs, using mobile phone text messaging, IM and the Web. Once a GAD is created, users can initiate a simple dialog to retrieve or add information within the same search box using text messages, instant messages or the Web. "Since 1997, Teragram has understood that the only successful way to manage the growing volume of information on the Web is through the use of text mining and semantic technology," said Yves Schabes, Ph.D., president and co-founder of Teragram. "The technology suites we've built cannot be developed overnight. As an early innovator in the field, we've been able to consistently produce highly scalable and extremely fast technologies to meet the evolving needs of the largest publishers, enterprises and search engines." Additional organizations such as AOL, Boeing, eBay, MIT Lincoln Labs, Monster.com, Sony, The World Bank and many others use Teragram-developed text analytics technologies to make their digital content more accessible to customers, employees and partners. In a more consumer-facing application, parents can rest assured that young gamers on Sony Playstation Global will receive vulgarity-free content, thanks to Teragram's language classification filters.
Patented, Award-Winning Technologies The company and its products have been recognized on multiple occasions by top industry trade publications. For three consecutive years, Teragram Corporation was named to KM World magazine's "Top 100 Companies that Matter in Knowledge Management." Last year, Teragram's Direct Answers for the Enterprise, a question-answering natural language search technology, was also named a KM World "Trend-Setting Product of the Year." In addition, EContent magazine in 2006 named Teragram to the magazine's premier list of "100 Companies That Matter Most in the Digital Content Industry." "From the outset, we've understood that scale and speed are the keys to developing successful text analytics tools for deployment by companies around the world," said Emmanuel Roche, Ph.D., executive director and co-founder of Teragram. "Our team was the early pioneer in harnessing the power of linguistic technologies for industries like publishing, global news gathering and search. And during the past decade, Teragram's team of innovators developed tools that range from helping enterprises manage the complexity of vast amounts of data to MyGADs.com. What we have built is a very extensive foundation for natural language processing. The products currently under development will push the boundary of what is possible, well beyond what exists today."
About Teragram and MyGADs.comSM
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