Convera and Naval Research Lab Win Delphi Best Practices Award.

Business Editors/Hi-Tech Writers

VIENNA, Va.--(BUSINESS WIRE)--Oct. 29, 2002

Convera's RetrievalWare(R) Software and Naval Research Laboratory's Online Portal Recognized at Delphi Integrated Enterprise

Summit

Convera (Nasdaq:CNVR) and the Naval Research Laboratory today were honored with a Best Practices Award at Delphi Group's Integrated Enterprise Summit in Reston, VA.

The Best Practices Awards recognize excellence in the deployment of content, process and portal related technologies with exceptional results. Over 100 applicants were judged by Delphi's analyst team on the basis of measured payback (ROI), scale of deployment (in number of users), business or organizational impact, and cost reduction.

According to Delphi, Convera and the NRL are "recognized for their solution which has enhanced research productivity and sparked scientific creativity in the maritime applications of new and improved materials, techniques, equipment systems, and oceanic, atmospheric and space sciences and related technologies."

The Ruth H. Hooker Research Library at the Naval Research Laboratory (NRL) enhances research and scientific creativity by providing over 40,000 users within the Naval research community with a full spectrum of information services via their TORPEDO Ultra online portal (http://torpedo.nrl.navy.mil/tu/ps/).

Usage polls indicate researchers save an average of two hours per week by using RetrievalWare as a single point of access to all relevant information and its powerful concept-based search and categorization to navigate and retrieve the precise information needed. This represents an annual increase in productive work hours valued at over $7 million.

As additional sites and users gain access to the system over the next year, the Navy is expected to achieve similar productivity gains across a much larger universe of workers.

Assuming that other researchers experience the same improvements in productivity as have been documented at NRL, NRL estimates an annual gain in productive work hours valued at $300 million is possible as the number of users expands to nearly 90,000 by the end of this year. The NRL site currently contains nearly 1.3 million documents, or more than one terabyte of data.

The NRL is one of more than 140 government agencies worldwide, including some 70 intelligence and law enforcement agencies, that has selected Convera's RetrievalWare to power mission-critical defense, intelligence gathering, law enforcement and cabinet level agency applications.

RetrievalWare also is widely used by Global 2000 organizations in a broad range of information intensive applications such as internal and external portals, government compliancy solutions, knowledge management initiatives, e-learning systems, litigation support and more.

About Convera's RetrievalWare

RetrievalWare is a high-performance multimedia, cross- and multi-lingual search system that allows broad flexibility and scalability for implementation across corporate intranets and extranets.

RetrievalWare enables users to index and search a wide range of distributed information resources, including text, video, image and audio files, HTML, XML, over 200 proprietary document formats (such as word processors and publishing systems), relational database tables, document management systems, and groupware repositories. Advanced search capabilities include concept and keyword searching, pattern searching, and query-by-example.

RetrievalWare excels in distributed client/server environments with thousands of users, documents, images, and/or multiple media assets.

About Convera

Convera is a leading provider of mission-critical enterprise search, retrieval and categorization solutions. Convera's RetrievalWare(R) solutions maximize return on investment in vast stores of unstructured information by providing highly scalable, fast, accurate and secure search across more than 200 forms of text, video, image and audio information, in more than 45 languages.

More than 750 customers in over 29 countries rely on Convera's search solutions to power a broad range of mission-critical applications including enterprise portals, knowledge management, intelligence gathering, profiling, corporate policy compliance, regulatory compliance, customer service and more.

For more information, contact Convera at 800-788-7758, via e-mail at [e-mail] or on the Web at www.convera.com.

This release, including any statements from Convera personnel, contains statements about Convera's future expectations, performance, plans, and prospects, as well as assumptions about future events. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, business and economic conditions and trends; continued success in technological advances; possible disruption in commercial activities caused by terrorist activity and armed conflict, such as changes in logistics and security arrangements; reduced customer demand relative to expectations; competitive factors; and other risk factors listed from time to time in the company's SEC reports. Actual results may differ materially from our expectations as the result of these and other important factors relating to Convera's business and product development efforts, which are further described in Convera's filings with the Securities and Exchange Commission. These filings can be obtained from the SEC's website located at www.sec.gov. Any forward-looking statements are based on information available to Convera on the date of this release, and Convera assumes no obligation to update such statements.

The Convera design logo and the following are worldwide trademarks of Convera: Convera(TM), RetrievalWare(R), and Screening Room(R). The names of actual companies and products mentioned herein may be the trademarks of their respective owners.