BioComp Systems Inc. announces enterprise modeling server; compatible with Microsoft Windows'95 and NT, new intelligent software creates accurate forecasting models to increase effectiveness of the business, sales and manufacturing process.REDMOND, Wash.--(BUSINESS WIRE)--Aug. 1, 1996--BioComp Systems Inc. today announced the launch of the Enterprise Modeling Server (TM) (EMS) version 1.0, a high-capacity predictive modeling system that builds and automatically maintains accurate forecast models for demand, sales and financial markets forecasting, marketing data analysis, quality management and many other business applications. Scheduled to ship on Aug. 19, 1996, EMS version 1.0 is built around BioComp's acclaimed NeuroGenetic Optimizer(TM) (NGO NGO abbr. nongovernmental organization Noun 1. NGO - an organization that is not part of the local or state or federal government nongovernmental organization ) which employs genetic algorithms Genetic algorithms Search procedures based on the mechanics of natural selection and genetics. Such procedures are known also as evolution strategies, evolutionary programming, genetic programming, and evolutionary computation. to automate and optimize the development of neural networks. Suggested retail will be $6,000 for single-server users. EMS version 1.0 enables users to automatically produce predictive models, test them on a defined frequency, and, if necessary, regenerate re·gen·er·ate v. re·gen·er·at·ed, re·gen·er·at·ing, re·gen·er·ates v.tr. 1. To reform spiritually or morally. 2. To form, construct, or create anew, especially in an improved state. fresh models. Predictive models are models generated by NGO that, based on given inputs (monthly sales and industry history, for example), will yield accurate outcomes (forecasted sales, months from now). A neural network is a computing system that works much like the human nervous system. Genetic algorithms use an evolutionary process that quickly determines the best combination of data and neural network structures. "The combination of neural networks and genetic algorithms simulate the way humans process information and learn," said Carl Cook, 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 BioComp Systems. "Due to the speed and volume of information EMS can process, it's like having neural network engineers that never stop working. And because the system is user friendly, it can easily be integrated into any business application, from sales and manufacturing to market classification. In a pharmaceutical sales company, for example, the company can manage their inventory by developing predictive models from last year's sales and inventory data. At the same time, the company can use demographic information to forecast market trends that impact inventory, too." The system requires an IBM compatible (computer) IBM compatible - A computer which can use hardware and software designed for the IBM PC (or, less often, IBM mainframes). This was once a key phrase in marketing a new PC clone but now in 1998 is rarely used, the non-IBM wintel personal computer manufacturers such 486/ Pentium PC with 8 meg memory, Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. '95 or NT 3.5.1 and 4 megabytes of free disk space for installation. It is initially offered as a full 32-bit server that accesses data in ODBC-compliant relational databases such as Oracle, Sybase, DB2, Informix and Microsoft Access A database program for Windows, available separately or included in the Microsoft Office suite. Access is programmable using Visual Basic for Applications (VBA). Access can read Paradox, dBASE and Btrieve files, and using ODBC, Microsoft SQL Server, SYBASE SQL Server and Oracle data. as well as text files. Since 1992, the Redmond, Washington-based BioComp Systems Inc. has been an industry leader in applications of practical computational intelligence Computational intelligence (CI) is a successor of artificial intelligence. As an alternative to GOFAI it rather relies on heuristic algorithms such as in Fuzzy systems, Neural networks and Evolutionary computation. methods, specializing in "bio-computing" techniques such as neural networking, genetic algorithms, fuzzy logic fuzzy logic, a multivalued (as opposed to binary) logic developed to deal with imprecise or vague data. Classical logic holds that everything can be expressed in binary terms: 0 or 1, black or white, yes or no; in terms of Boolean algebra, everything is in one set or and adaptive evolutionary systems. For more information, contact BioComp Systems at 800/716-6770 or 206/869-6770; fax 206/869-6850; e-mail biocomp(at)biocomp.seanet.com or visit the Web site at http://www.bio-comp.com. CONTACT: Reed, Revell-Pechar Ann Revell-Pechar or Steve McLean, 206/462-4777 e-mail: annrp(at)rrp.com; steve(at)rrp.com OR BioComp Systems Carl Cook, 800/716-6770 or 206/869-6770 biocomp(at)biocomp.seanet.com |
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