Basis Technology's Japanese Address Analyzer Adopted by New City Corporation.

- Real-Estate Information System to exploit power of Rosette Japanese Postal Address Analyzer -

TOKYO -- Basis Technology (www.basistech.com) announced today that New City Corporation (www.newcitycorp.com) has adopted the Rosette[R] Japanese Postal Address Analyzer (JPOST) to globalize its real-estate information analysis system. New City Corporation is an international real estate merchant banking and investment management powerhouse with offices across the Pacific Rim.

Basis Technology's JPOST enables information systems to standardize the complex structure of Japanese postal addresses, which may be written in a variety of formats and typically contain a mixture of Japanese and English characters and numerals. Shifting to the standard Japanese postal system format allows for de-duplication and mailing list processing. JPOST can convert Japanese characters to Roman letters for systems that can't handle Japanese. It can also fill-in missing address components or offer address look-up by postal code.

New City's use of JPOST allows for integrated management of expert reports, case studies, address data, and location details, enabling analysts to dissect and process real-estate investment information. The complexity and variability of Japanese postal addresses presents unique challenges for software applications. Integrating JPOST not only enables these applications to handle such addresses but also adds multilingual capabilities by converting addresses from Japanese script to Roman characters.

"We are pleased to see Rosette and JPOST playing a key role in the analysis of critical real estate information," said Carl Hoffman, CEO of Basis Technology. "JPOST's ability to Romanize Japanese postal addresses will benefit New City Corporation as they expand their global business operations."

About Basis Technology Corp.

Basis Technology provides software solutions for multilingual text mining and information retrieval applications. The company's Rosette[R] Linguistics Platform is a suite of high-performance, robust, interoperable software components designed for applications that analyze and process all the world's languages.

Top-tier software vendors, content providers, multinational enterprises, and government agencies rely on Basis Technology's solutions for Unicode compliance, language identification, multilingual search, normalization, transliteration, and entity extraction. Customers include industry leaders Autonomy, Convera, Endeca, FAST, Google, LL Bean, Microsoft, Oracle, SAS, Symantec, and Yahoo! Government contractors include BBN Technologies, CACI, Lockheed Martin, MITRE, Northrop Grumman and SAIC.

Company headquarters are in Cambridge, Massachusetts, with branch offices in San Francisco, California; Herndon, Virginia; and Tokyo, Japan. For more information, visit www.basistech.com or call 800-697-2062.

About New City

New City is a real estate merchant banking and investment management group fully supported by an integrated development, services and technology platform. The objective of the group is to create innovative real estate financial products and provide a full array of cost competitive property services to maximize value for its clients and partners in an accountable and transparent operating environment. With nearly 800 professionals and staff, New City is headquartered in Tokyo and has offices in Osaka, Honolulu, San Francisco, Seoul, Shanghai, Singapore, and Sydney. The group operates as a capital bridge across the Pacific Rim, matching investment products and opportunities with the optimum sources of financing and investment. For more information, see http://www.newcitycorp.com.