Aptex announces Convectis 2.0 text analysis server.SAN DIEGO--(BUSINESS WIRE)--June 26, 1996--Aptex, a division of HNC (HNC Software Inc., San Diego, CA) A software company that specialized in products that detect credit card fraud, manage merchant risk, automate lending decisions and home valuations and manage retail inventories. Founded in 1986 by Robert Hecht-Nielsen and Todd W. Software Inc. (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 :HNCS HNCS Host Naval Computer System HNCS Host Navy Combat Systems ), Wednesday announced Convectis 2.0, an intelligent text analysis server for Web content categorization, personalized news and information routing and automated e-mail response. Convectis uses patented Content Mining technology to automatically analyze and categorize high-volume streams of documents. This approach frees human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. for higher-level tasks and scales cost-effectively with increasing information flow. "Convectis categorizes documents with human-like accuracy, but with a huge increase in throughput," said John Gaffney John H. Gaffney (June 29 1855 - August 8 1913), nicknamed the "King of Umpires" and "Honest John", was an American umpire and manager in Major League Baseball. He was baseball's first great umpire, and played a pioneering role in the use of multiple umpires in baseball games. , Aptex director of marketing. "This is a real paradigm shift A dramatic change in methodology or practice. It often refers to a major change in thinking and planning, which ultimately changes the way projects are implemented. For example, accessing applications and data from the Web instead of from local servers is a paradigm shift. See paradigm. -- you can analyze every newswire article and every Web page out there. Our customers are doing this today." New features in Convectis 2.0 include options for document summarization and keyword extraction, increased neural network neural network or neural computing, computer architecture modeled upon the human brain's interconnected system of neurons. Neural networks imitate the brain's ability to sort out patterns and learn from trial and error, discerning and extracting learning speed and support for up to 250 simultaneous client or server connections. Convectis is also now available for the Sun Solaris operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. . Convectis integrates easily with Web servers, e-mail systems and newsfeeds. Any combination of original and Convectis-generated information can be published on-line, dispatched to interested users or stored in data warehouses. Convectis categories can also be used to select automated responses to customer e-mails and Web response forms. Infoseek Corp., a leading Web search service, employs the Convectis server as an "automated librarian" to categorize and summarize Web pages into the more than 4,500 categories in Infoseek's Guide directory. Convectis allows Infoseek Guide to scale up with the growth of the World Wide Web. "The performance of Infoseek state-of-the-art scaleable search technology is enhanced by Aptex's state-of-the-art neural network technologies," said Robin Johnson Robin Johnson (born May 24, 1964), is an American actress. Johnson grew up in Park Slope, Brooklyn, New York City. One day when she was 15, sneaking a KOOL on the steps of Brooklyn Technical High School, a man (who has never since been identified) came up to her, told her , 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 Infoseek. "Our relationship with HNC and Aptex is a central component of our strategy to provide consumers access to the most relevant actionable information available and tailoring that information to the consumers' individual needs." Information provider Intell.Xx of Arlington, Va., deployed Convectis in July 1995 to segment news articles and reports into industry-specific personal newsfeeds. Convectis now analyzes up to 50,000 Intell.Xx documents daily into more than 150 categories. "Intell.Xx conducted an extensive search and trial of the top filtering technologies to fulfill our product strategy," said Catherine H. Michela, Intell.Xx senior vice president of marketing. "We believe that the Aptex technology we selected is truly the premier artificial intelligence engine available to meet this need." Convectis intelligently assigns documents to multiple categories, improving user access and easing integration with existing categorization schemes. Convectis also eliminates the need for external knowledge bases. By learning word relationships directly from unstructured text, Convectis avoids the update and maintenance problems associated with dictionaries, thesauri and complex queries. With headquarters in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Aptex develops intelligent software solutions which "mine" content to enhance mission-critical business decisions and processes. Aptex uses proprietary neural network techniques to automate key document analysis processes and to predict trends and behavior based on learned document content. For more information on Aptex, contact John Gaffney, Director of Marketing, Aptex, 5930 Cornerstone Court West, Suite 240, San Diego, Calif. 92121; 619/546-8877; or jgaffney@aptex.com. Aptex's Web site address is http://www.aptex.com. Aptex is a division of HNC Software, a leader in the application of neural network technology in client-server environments. With headquarters in San Diego, HNC Software develops, markets, integrates and supports advance decision software solutions based on computational intelligence. HNC Software provides practical solutions in the areas of electronic payments, financial services, retail, educational publishing and direct marketing. For more information on HNC Software, contact Patsy Campbell, Director of Marketing, HNC Software Inc., 5930 Cornerstone Court West, San Diego, Calif. 92121; 619/546-8877. CONTACT: Aptex, San Diego John Gaffney, 619/646-0104 |
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