Nstein Technologies Awarded Contract With Siemens
Nstein Technologies Awarded Contract With Siemens
MONTREAL, Canada, May 17/PRNewswire/ --
- Nstein's Computer-Aided Indexing Solutions to be Deployed Within the
BBC
Nstein Technologies Inc. ("Nstein") (TSX-V: EIN), a leader in text mining
and multilingual information access solutions, today announced the signing of
a contract with Siemens Business Services for the deployment of its solutions
at the British Broadcasting Corporation (the "Corporation"), one of the
world's premier broadcasting organisations, headquartered in London, UK.
Nstein was selected for the supply and implementation of its information
access technology. Siemens will provide additional implementation, hardware
procurement and project management services.
Siemens Business Services is the transformation partner of the media
industry. In September 2004, the Corporation awarded Siemens Business
Services a 10-year contract to provide outsourced technology services to the
broadcaster worldwide and to acquire BBC Technology. Siemens now provides all
technology services for the Corporation and its subsidiaries.
Nstein's text mining, indexing and taxonomy management solutions have
been procured to assist the Corporation in managing indexing processes within
its national television and radio archives and applying indexing to
impressive volumes of content from various multimedia outputs.
"Large organisations face the ongoing challenge of maximising the value
of their vast content assets. Nstein is very pleased to have been chosen to
assist the Corporation with this most complex and challenging task," stated
Mario Girard, Chairman and Chief Executive Officer, Nstein. "Along with
assisting content-driven companies to repurpose and monetise their digital
assets, Nstein's solutions also significantly enhance the search & retrieve
experience of their knowledge workers, partners and customers."
Nstein's text mining and information access technology will be used
within the broadcaster's current cataloguing processes in conjunction with
its voluminous thesauri that include more than 800,000 pre-coordinated terms.
About Nstein Technologies Inc.
Nstein Technologies (TSX-V: EIN) develops and markets leading-edge
software solutions for analysing vast amounts of unstructured data in
virtually all languages. Nstein's linguistic-based platform collects,
organises, analyses, cross-examines, shares and translates data from any
source, in real time. Nstein's text mining and multilingual information
access solutions transform reactive decision-making into a high-impact
proactive and even predictive process, and solve mission-critical problems.
Nstein has developed tailored solutions for clients in e-publishing and
homeland security & intelligence markets, as well as for large enterprises
and government organisations. The Company is headquartered in Montreal,
Canada, with offices in the United States and Europe. More information is
available at www.nstein.com.
- The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
- Any statement that appears prospective shall not be interpreted as
such.
Source: Nstein Technologies Inc.
Investor Relations: Robert Barakett, Executive Vice-President and Chief Financial Officer, Nstein Technologies Inc., +1-514-908-5406, robert.barakett@nstein.com; Media: Rina Marchand, Marketing Manager, Nstein Technologies Inc., +1-514-908-5406, rina.marchand@nstein.com
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