Coveo Enterprise Search 3.5 Chosen for Basex Excellence Award for 2004

Coveo Enterprise Search 3.5 Chosen for Basex Excellence Award for 2004

Coveo Solutions Inc. also designated 'Visionary Vendor'

PALO ALTO, Calif. and QUEBEC, Canada, Dec. 7 /PRNewswire/ -- Coveo Solutions Inc., pioneer of integrated and secure search solutions for the desktop, Intranet and Web, today announced that its flagship software product, Coveo Enterprise Search (CES) 3.5, has been selected by Basex, a leading research and consulting firm, for the Basex Excellence Award. The award, known as the "Basey," is given to companies in the Collaborative Business Knowledge market that have achieved industry-leading and all-around excellence for a product or service in 2004, as judged by the Basex team of world-class industry analysts.

CES 3.5 provides businesses, organizations and Government entities with an integrated, end-to-end content access tool with built-in security and data protection. Its integrated desktop and enterprise search features allow users to efficiently query across their own hard drives, company file servers and the Web while maintaining the highest level of user privacy standards.

"The migration to the knowledge economy requires that knowledge workers are able to find the information they need in the least amount of time," noted Jonathan B. Spira, CEO and Chief Analyst for Basex, Inc. "CES 3.5 provides knowledge workers with a unified view of their world of information, and the ability to search across that world in one environment, supporting the role of discovery within an organization."

In addition to receiving the Basey, Coveo has been named a "Visionary Vendor" by Basex. As a result, the company will participate in the Basex executive conference "Collaborative Business Environments: Managing the Knowledge Workforce" as part of a special Visionary Vendor panel on December 7th, 2004.

"We are honored by the recognition that this award represents for both CES and Coveo," said Laurent Simoneau, Coveo President and CEO. "We look forward to sharing our company's vision for the industry during the conference, and we are focused on fulfilling the leadership potential that Basex sees in us."

About Basex

Basex is the recognized expert in Collaborative Business Environments, the intersection of content, knowledge and collaboration within the enterprise, and has been cited by KMWorld as one of "100 Companies that Matter in Knowledge Management." The company's highly targeted research and advisory services bring IT vendors closer to their customers, and are the best resource for IT buyers to gauge the impact of Collaborative Business Environments on their organization. Basex has a 22-year track record of accurate research and visionary analysis that drives its clients to make the right business and technology decisions for their organizations. For more information, please visit www.basex.com.

About Coveo Solutions Inc.

Coveo develops and sells enterprise search software that allows all individuals within an organization to access and integrate multiple collections of data with one unified view, providing tangible productivity enhancements and ROI. By combining content from the desktop, the intranet and the Internet, with one integrated tool, data is quickly and easily located. With unmatched relevance and true out-of-the-box security, over 3,000 businesses and organizations worldwide benefit from Coveo Enterprise Search through increased revenue, greatly improved productivity and compliance with regulatory mandates. Key customers include AAA Automotive, AMN Healthcare, Credit Lyonnais, FastSigns, Harris Corporation, Hewlett Packard, InfoSpace, Massachusetts Department of Education and Spectra-Physics. For more information, please visit www.coveo.com.


Source: Coveo Solutions Inc.

CONTACT: Amy Taggart of Coveo Solutions Inc., +1-650-475-8021, ext. 105,
or ataggart@coveo.com

Web site: http://www.coveo.com/


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