Catalyst Repository Systems Enters into OEM Partnership with Fast.Leading Web-Based Repository Company to Integrate FAST InStream Technology for Advanced Scalability, Search and Retrieval OSLO, Norway, NEEDHAM, Mass. and DENVER -- Fast Search & Transfer[TM] (OSEAX: FAST.OL) (FAST[TM]), the leading developer of search technologies, today announced an 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 partnership with Catalyst Repository Systems, Inc., a leading provider of secure, web-based repositories to the legal, insurance and financial markets. Catalyst will leverage FAST InStream[TM], FAST's OEM-specific search technology, as the core search platform for its Catalyst CR data repository See repository. . Catalyst CR 6.0 (Grid Edition), running FAST InStream, will be available to the public on December 12, 2006. FAST InStream enables storage-system, information-management and application providers to develop solutions that classify and make searchable 100 percent of available content, including both structured and unstructured information. It is the foundation for an effective embedded search and classification strategy. Designed for rapid, low-risk and high-capability integration and no-limit scaling, FAST InStream gives OEMs the ability to offer their customers a contextual understanding of all active and archived data by indexing and analyzing metadata, text, terms and concepts and tying this information together with enterprise business processes. This deep level of visibility into stored content provides users with unprecedented value. Since 1998, many of the world's largest corporations, law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
With FAST InStream, Catalyst is providing its clients with the industry's most powerful search solution, offering unparalleled speed and scalability. FAST InStream accelerates searches, refines queries and retrieves data in the most accessible formats and scales to meet the growing demands of the industry. Additionally, FAST InStream supports more than 70 different languages, including those with multi-byte character sets - a key feature as legal, business and financial matters become increasingly global. "Our clients need the right information, at the right time, and the ability to share that information with geographically dispersed teams in a secure manner," said John Tredennick, 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 Catalyst Repository Systems. "FAST InStream gave us the ability to build a scaleable and secure system that routinely delivers search results in under a second, even when faced with multiple, concurrent 750-word queries against a database of 15 million documents." "As the proliferation of electronic data continues to explode, and compliance requirements - like the new Federal Rules governing electronic discovery - continue to increase, organizations need to significantly improve their ability to track and produce all electronic documents," said John Markus Lervik John Markus Lervik (born august 17 1969) is CEO of the Norwegian company Fast Search & Transfer ASA. Lervik has a Ph.D in the field of tele-engineering from Norwegian University of Science and Technology, Trondheim, Norway, of which he was granted the Esso Research Award in 1998. , CEO of FAST. "While today's legal teams may need to search and review 30 million documents, that number could well reach 100 million in the coming years. Using FAST InStream, Catalyst has built a platform of impressive speed and scalability and is uniquely positioned to offer legal professionals a powerful search and retrieval solution." Information about Catalyst's use of the FAST technology can be found at www.fastsearch.com/crs. About Catalyst Repository Systems Catalyst provides repository systems to help corporations and their counsel deal with the explosion of digital content in an increasingly regulated environment and work together on complex legal, financial and insurance matters. Its On Demand systems provide a compelling alternative to traditional approachesCoparticularly when clients need to review large document collections and connect legal professionals worldwide. Catalyst's products include Catalyst CR, the first grid-enabled document repository for litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. support, compliance and due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. ; Catalyst XE, a powerful extranet to connect professional teams and their files worldwide for cases, claims, deals and other complex legal matters; and Catalyst Review, customized document review workflow for corporate, insurance and other regulated environments. A pioneer in the industry, Catalyst's products have been used since 1998 by many of the largest organizations in the world (e.g., five of the world's ten largest companies and over half of the nation's 100 largest law firms). For further information about Catalyst, please visit www.catalystsecure.com. About FAST FAST is the leading developer of search technologies that are behind the scenes at the world's best known companies with the most demanding search problems. FAST's flexible and scalable enterprise search platform (FAST ESP (1) (Enhanced Service Provider) An organization that adds value to basic telephone service by offering such features as call-forwarding, call-detailing and protocol conversion. ) elevates the search capabilities of enterprise customers and connects people to the relevant information they seek regardless of medium. This drives revenues and reduces total cost of ownership by effectively leveraging IT infrastructure. FAST's solutions are used by more than 2,600 global customers and partners, including America Online (AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. ), Cardinal Health, CareerBuilder.com, Chordiant, CIGNA CIGNA CG (Connecticut General Life Insurance Company) INA (Insurance Company of North America) , CNET (body) CNET - Centre national d'Etudes des Telecommunications. The French national telecommunications research centre at Lannion. , Computer Associates, Dell, EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. Documentum, Factiva, Fidelity Investments, Findexa, 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) , Knight Ridder, LexisNexis, Merrill Lynch, Rakuten, Reed Elsevier, Reuters, Sensis, Stellent, Tenet Healthcare, Thomas Industrial Networks, T-Online, US Army, Virgilio (Telecom Italia) and Vodafone. FAST is headquartered in Norway and is publicly traded under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors 'FAST' on the Oslo Stock Exchange Oslo Stock Exchange An exchange founded in 1819 and trading stocks, bonds, and stock options that is considered the options market of Norway. . The FAST Group operates globally with presence in Europe, the United States, Asia Pacific, Australia, South America, and the Middle East and Africa. For further information about FAST, please visit www.fastsearch.com. [c] 2006 Fast Search & Transfer ASA Asa (ā`sə), in the Bible, king of Judah, son and successor of Abijah. He was a good king, zealous in his extirpation of idols. When Baasha of Israel took Ramah (a few miles N of Jerusalem), Asa bought the help of Benhadad of Damascus and - Fast Search & Transfer, FAST, FAST ESP, Contextual Insight and the FAST logo are trademarks of Fast Search & Transfer ASA. All rights reserved. All other names mentioned herein may be trademarks of their respective owners. |
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