'eNeuralNet' Benefits From Epoc Incubator Program Powered By IBM;New Software/Search Engine Viewed as Key Milestone for New Era of Business Intelligence and ASP.Business Editors LAGUNA NIGEL, Calif.--(BUSINESS WIRE)--May 22, 2000 eNeuralNet, an emerging start up Business Intelligence ASP company, will be one of the sixteen area dot.coms selected to participate in the Epoch Incubator Program, powered by IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) . They are part of the first group of dot-com companies An organization that offers its services exclusively on the Internet, either via the user's Web browser or a client program that must be installed in the user's computer. Amazon.com, Yahoo!, Google and eBay are examples of dot-com companies. invited to attend the 2-Day Launch Seminar in Costa Mesa Costa Mesa (kŏs`tə mā`sə), city (1990 pop. 96,357), Orange co., S Calif., on the Pacific south of Santa Ana; inc. 1953. It is a transportation, residential, and light industrial center. today and Tuesday. eNeuralNet has developed a next generation Business Intelligence Software/Engine that has integrated Artificial Intelligence technology (AI technology). eNeuralNet's technology can process unorganized streams of data sets, paper records and information silos, assemble and translate them into a multi-dimensional AI Cube. This will empower corporations to add intelligence to their business processes and knowledge management. The eNeuralNet AI Cube will create a single source of inter-related business knowledge compared to today's massive unorganized, disconnected islands of information within corporations. eNeuralNet will deliver its technology for processing, assembling and translation as an Application Service Provider and Creator of Content, referred to as ASP-C. The technical infrastructure has been built to rapidly deploy and generate corporate AI cubes. eNeuralNet believes that they can also provide their technologies and services to other ASPs and integrate with every technical platform in the world. "We are the first company in the world to offer a neural net neural network also neural net n. A real or virtual device, modeled after the human brain, in which several interconnected elements process information simultaneously, adapting and learning from past patterns. Noun 1. AI methodology that can be assimilated and applied in virtually every meaning of the word" said Greg Irving, president, eNeuralNet. "Let your imagination do the exploring". An initially-funded start-up, eNeuralnet aims to become a revenue-producing business and then go public. With its management and financial nucleus, eNeuralNet seeks to take advantage of the Epoch Incubator program for the no-cost six months period. This is very appealing since start-ups need a fast path to market combined with a solid technology infrastructure to build and grow their e-business. This will enable eNeuralNet to accelerate early-stage development to prove the concept, raise capital and get to market quickly. In addition, Epoch's Incubator program will allow eNeuralNet to preserve valuable cash flow and does not require an equity stake in the company. This will also facilitate valuable introductions to business leaders and potential company sponsors. eNeuralNet will leverage the reliable, leading-edge hardware, software, Web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith. and co-location services, training, and support from Epoch, IBM and key Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, business partners in Epoch's Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. data center. eNeuralNet can foster the development of key industry relationships with recognized legal, accounting and technology firms to become an enduring, revenue-generating business. Through the Incubator and the associated group of Southern California business leaders/partners, eNueralNet will build relationships with Silicon Valley Bank, O'Melveny & Myers LLP LLP - Lower Layer Protocol , Deloitte & Touche, and Capitalist Group; and the initial technology providers Versifi Inc., Sitelite, and Capita Technologies. eNeuralNet will apply these relationships and real-time solutions to the challenges they face that commonly impede and delay start-ups. The Epoch Incubator Program will also ensure that eNeuralNet will be successful through each step of the business process. In addition, upon completion of the incubation period incubation period n. 1. See latent period. 2. See incubative stage. Incubation period , eNeuralNet has an option to continue the hosting of their systems with Epoch and be eligible for alternative rate plans from the sponsors and technology providers. The Epoch Incubator - Launch Seminar will be hosted at the IBM Building IBM Building can refer to one of the following:
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