Elsevier Chooses Parity Computing for Text Processing.Business Editors/High-Tech Writers SAN DIEGO--(BUSINESS WIRE)--May 5, 2004 Parity Computing Inc., a leading unstructured data Data that does not reside in fixed locations. Free-form text in a word processing document is a typical example. Contrast with structured data. See free-form database. management company, announced today that Elsevier has signed a multi-year licensing agreement for Parity's text processing software. Parity's software will provide intelligent automation for parts of the production of Elsevier's databases and publications. In addition to the multi-year licensing deal, Parity is also providing custom software development for new applications at Elsevier. "We selected Parity Computing on the strength of their software and experience," said IJsbrand Jan Aalbersberg, Publishing Technology Director for Elsevier. "Parity has developed an innovative product for text processing. This software selection was an important strategic decision for Elsevier. In our technology evaluation, Parity's software was able to meet our highest standards for accuracy and scalability." Parity Computing's text processing software extracts and analyzes structured networks of inter-document links from text-based sources. The text processing software is a central component of Parity's platform for building structured knowledge networks from textual data sources. Parity's systems enable new types of research in large databases, and Parity has particularly been able to benefit scientific and publishing clients in developing powerful digital libraries. "Today's announcement is the result of several years refining the accuracy and scalability of our text processing software for a broad range of applications with our clients, and we are excited to see our software applied on a large scale at Elsevier," said Mohan Paturi, founder of Parity Computing. "Parity's technology allows automatic development of novel data products starting from comprehensive data holdings like those at Elsevier," added Chris Rosin, 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 Parity Computing. "We are happy to see our text processing software play a significant role in strengthening research tools for Elsevier's users." About Elsevier Elsevier is a world-leading publisher of scientific, technical and medical information products and services. Working in partnership within the global science and health communities, the company publishes more than 1,800 journals and 2,200 new books per year, in addition to offering a suite of innovative electronic products, such as ScienceDirect (http://www.sciencedirect.com) and MD Consult (http://www.mdconsult.com) bibliographic databases For computer programs to manage an individual's bibliographic references, see Reference management software A bibliographic or library database is a database of bibliographic information. , online reference works and subject specific portals. Elsevier (http://www.elsevier.com) is a global company with headquarters in Amsterdam, The Netherlands and has offices worldwide. The company is part of Reed Elsevier Group plc (http://www.reedelsevier.com), a world-leading publisher and information provider. Operating in the science and medical, legal, education and business-to-business sectors, Reed Elsevier provides high-quality and flexible information solutions to users, with increasing emphasis on the Internet as a means of delivery. Reed Elsevier's ticker symbols 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 are REN ren or jen In Confucianism, the most basic of all virtues, variously translated as “humaneness” or “benevolence.” It originally denoted the kindness of rulers to subjects. (Euronext Amsterdam), REL (London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. ), RUK RUK Reserviupseerikoulu (Hamina, Finland, Reserve Officers' School) RUK Are You Kidding? and ENL Noun 1. ENL - an inflammatory complication of leprosy that results in painful skin lesions on the arms and legs and face erythema nodosum leprosum Hansen's disease, leprosy - chronic granulomatous communicable disease occurring in tropical and subtropical (New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. ). About Parity Parity Computing Inc. (http://www.paritycomputing.com) is a leading provider of unstructured data management and knowledge discovery solutions, enabling businesses to recognize the value inherent in their data. Parity's technology platform transforms disparate data into a knowledge network of actionable Giving sufficient legal grounds for a lawsuit; giving rise to a Cause of Action. An act, event, or occurrence is said to be actionable when there are legal grounds for basing a lawsuit on it. profiles and linked relationships, and provides optimized application-specific interfaces for querying and navigation. The assembly of these knowledge networks allows customers to gain rapid and valuable insights into mission critical business intelligence and improves organizational research productivity. Parity's technology and in-depth expertise provide significant competitive advantages to customers in the domains of science and technology research (STM (Scanning Tunneling Microscope) A microscope that can image down to the atomic level. An STM uses a piezoelectric tube with a tiny sharp tip at the end that is moved within nanometers of the object being sampled. publishing, digital libraries, biotech/pharmaceutical), and business research (intellectual property, recruiting, institutional knowledge management). |
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