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Corporate Profile for Magnify, Inc., dated May 29, 1998.


--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.

-0-

Published Date:   5/29/98

Company Name:     Magnify, Inc.

Address:          100 South Wacker Drive, Suite 1130
                  Chicago, IL 60606

Main Telephone
 Number:          312/214-1420

Internet Home
 Page Address
  (URL)           www.magnify.com

Chief Executive
 Officer:         Dr. Robert L. Grossman


Investor Relations
 Contact:         John K. Thompson
 Business number: 312/214-1420

Public Relations
 Contact:         John K. Thompson
 Business number: 312/214-1420
 Home number:     773/472-1735

Industry:         Software, Data Mining Applications



Company description: Magnify mag·ni·fy
v.
To increase the apparent size of, especially with a lens.
, Inc. provides complete solutions for enterprisewide business problems in the insurance and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 industries based on innovative data mining tools. Magnify is the first software company to propose and support open standards Specifications for hardware and software that are developed by a standards organization or a consortium involved in supporting a standard. Available to the public for developing compliant products, open standards imply "open systems;" that an existing component in a system can be replaced  for data mining. In conjunction with the Data Mining Group, Magnify is leading the way to open, portable, production based predictive modeling capabilities. Magnify's solutions are implemented and extended through a professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  staff.

PATTERN Data Mining System Magnify's PATTERN:DMS (1) (Document Management System) See document management.

(2) (Defense Messaging System) An X.500-compliant messaging system developed by the U.S. Dept. of Defense.
(TM) is a complete data mining system for use in mining large amounts of data to discover subtle and highly profitable patterns in existing corporate data resources.

PATTERN:DMS currently consists of two products. PATTERN Data Mining Engine is a suite of tools that are optimized for high performance data mining in large-scale systems. PATTERN Predictive Services Engine is a system that is implemented in production environments to evaluate transaction, account, or database activity for a variety of target behaviors.

PATTERN:DME (Distributed Management Environment) A network monitoring and control protocol defined by the Open Software Foundation (now The Open Group). DME was not widely used.

DME - Distributed Management Environment
(TM) An organization can build complete data mining applications to mine their full complement of data resources. PATTERN:DME can mine all of the data, without sampling, to uncover the keys to customer, supplier, or competitor behavior.

PATTERN:PSE PSE

1. pale soft exudative pork.

2. portosystemic encephalopathy.
(TM) PATTERN:PSE is the first product designed and built to break the location and platform dependence that has existed in all previous data mining systems and applications.

Magnify, Inc. is a venture funded, privately held company privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
 with headquarters in Chicago, Illinois. Contact us at 312/214-1420, 312/214-1429 Fax, or visit www.magnify.com.

CONTACT: Magnify, Inc.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 29, 1998
Words:366
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