ACCENT SOFTWARE INTERNATIONAL LTD. ANNOUNCES NEW SUBSIDIARY - AGENTSOFT LTD. - AgentSoft Will Specialize In Intelligent Agent Products For The Internet And Enterprise Intranet -.JERUSALEM--(BUSINESS WIRE)--February 21, 1996--Accent Software International Ltd. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ACNTF) announced today that it is creating a new subsidiary company called AgentSoft Ltd. The new company will focus on the development and marketing of intelligent agent software products for the Internet and for enterprise Intranet. Dr. Jeffrey S. Rosenschein, Accent Software International's Chief Scientist, has been named Chairman of AgentSoft, Dr. Gilad Zlotkin has been named President and Dr. Eithan Ephrati has been named Director of Research, of the new Company. "We have assembled a world class team of experts in intelligent agent technology and artificial intelligence to develop and bring to market products which will be designed to vastly improve user productivity on the Internet and enterprise Intranet," stated Robert Rosenschein, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Accent Software International. "Intelligent agent products constitute the next growth market as companies operating an Intranet, and individuals on the Internet realize that their work must be more productive. AgentSoft will be the market leader," he added. Mr. Rosenschein continued, "We believe that AgentSoft will give Accent substantial time-to-market advantages in the intelligent agent field as well as technology that the Company believes will yield a substantial competitive advantage well into the future." Companies and individuals will implement intelligent agents in order to use the Internet more effectively. AgentSoft's products will be designed to increase the benefit users can derive from the vast stores of information and new services on the Internet. AgentSoft's technology will employ artificial intelligence techniques such as expert system learning and planning technology. "The Internet is currently a passive device, only reacting to specific user requests. People are spending tremendous amounts of time searching the Web, without knowing if the results will be worth it," stated Dr. Jeffrey Rosenschein. "Our agent products will be designed to do the work, freeing up productive time for users," he added. Dr. Rosenschein indicated that among the first areas in which intelligent agents will be applied are systems and network management, electronic commerce, information access and management and work flow management. Dr. Jeffrey Rosenschein, Chairman of AgentSoft Ltd., is also Vice President, Chief Scientist and a Director of the parent company, Accent Software International Ltd. Dr. Rosenschein lectures in Computer Science, specializing in artificial intelligence, at the Hebrew University of Jerusalem Hebrew University of Jerusalem Independent university in Jerusalem, Israel, founded in 1925. The foremost university in Israel, it attracts many Jewish students from abroad; Arab students also attend. . He received his AB degree from Harvard University Harvard University, mainly at Cambridge, Mass., including Harvard College, the oldest American college. Harvard College Harvard College, originally for men, was founded in 1636 with a grant from the General Court of the Massachusetts Bay Colony. (magna cum laude cum lau·de adv. & adj. With honor. Used to express academic distinction: graduated cum laude; 25 cum laude graduates. ) in Applied Mathematics and MSc and PhD degrees in Computer Science from Stanford University Stanford University, at Stanford, Calif.; coeducational; chartered 1885, opened 1891 as Leland Stanford Junior Univ. (still the legal name). The original campus was designed by Frederick Law Olmsted. David Starr Jordan was its first president. . Dr. Gilad Zlotkin, President of AgentSoft Ltd., has been Chief Scientist at RADview Software since 1993. He has also held senior positions at Robcad Technomatics and Daisy Systems
Daisy Systems Corporation . Dr. Zlotkin was a Research Fellow at the MIT MIT - Massachusetts Institute of Technology Sloan School of Management's Center for Coordination Science. He holds a BA in Mathematics and Computer Science, and a PhD in Computer Science from the Hebrew University of Jerusalem. Dr. Eithan Ephrati, Director of Research at AgentSoft Ltd., is currently a Research Fellow in the Department of Computer Science at Bar Ilan University (Israel). Prior to this, he was a postdoctoral post·doc·tor·al also post·doc·tor·ate adj. Of, relating to, or engaged in academic study beyond the level of a doctoral degree. Noun 1. fellow in the Department of Computer Science at the University of Pittsburgh. He holds a BA degree in Mathematics and Computer Science, and MSc and PhD degrees in Computer Science from the Hebrew University of Jerusalem. Accent Software International Ltd. designs and develops multilingual Internet and word processing word processing, use of a computer program or a dedicated hardware and software package to write, edit, format, and print a document. Text is most commonly entered using a keyboard similar to a typewriter's, although handwritten input (see pen-based computer) and software products for retail, corporate, educational, government and OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and customers, and markets these products in more than 30 countries. Founded in 1988, Accent Software International Ltd. is a publicly-held company (NASDAQ: ACNTF) and is headquartered in Jerusalem, Israel. Accent is a trademark of Accent Software International Ltd. CONTACT: ACCENT SOFTWARE INTERNATIONAL LTD. Norman Kreger Director, Corporate Communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. 011-972-2-793-723, ext. 243 Internet: Normank@accentsoft.com Home Page: http://www.accentsoft.com e-mail: 76015.440@compuserve.com -or- WOLFE AXELROD ASSOCIATES Mona J. Walsh Joel Herskovits Gordon H. Wolfe Barbara Yu (Media) 212-370-4500 |
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