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FAST Receives IAESTE United States Employer of the Year Award.


OSLO, Norway & NEEDHAM, Mass. -- FAST Cited for Exemplary International Exchange Program

Fast Search & Transfer(TM) (FAST(TM)), the leading developer of enterprise search technologies and solutions, today announced the company has been selected as the recipient of the inaugural IAESTE IAESTE International Association for the Exchange of Students for Technical Experience  United States Employer of the Year Award. In its 56th year of service, IAESTE United States is the U.S. chapter of the 80 member-nation IAESTE International. It serves as sponsor and provider of programming, including work-based training experiences, for university students majoring in science and technical fields.

The criteria for the IAESTE United States Employer of the Year Award includes active participation in the IAESTE International exchange program, providing a positive work environment for the trainees, overall support of international trainees, and supporting the company's Local Committee.

Year after year, FAST has shown its commitment to international exchange through its steadfast support of the IAESTE chapter at the Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business,  and its comprehensive training program engaging participants culturally and academically.

"FAST is dedicated to true exchange - hosting international trainees in its U.S. location and U.S. interns in its international locations," said Pamela Ruiz, IAESTE United States National Secretary. "Their dedication to providing trainees with enriching experiences exemplifies the intent of cultural and work-based training exchanges."

"Since we were founded in 1997, FAST has rapidly grown to become a global organization and we use exchange to ensure our success in the worldwide market," said Bjorn Olstad, chief technology officer of FAST. "As a globally minded company, FAST continues to support true exchange between nations and our products are available in 80 different languages - truly speaking to an International clientele."

About IAESTE

IAESTE United States, www.iaesteunitedstates.org, is a program of AIPT AIPT Association for International Practical Training
AIPT American Institute of Pharmaceutical Technology (Hackensack, New Jersey)
AIPT Architecture Integrated Product Team
AIPT Advisory Integrated Process Team
AIPT Acquisition Integrated Product Team
. Since 1950, AIPT, a designated J-1 visa sponsor, has facilitated more than 50,000 on-the-job training programs worldwide for professionals and students from more than 90 countries. For more information on IAESTE United States, visit www.iaesteunitedstates.org.

About FAST

FAST is the leading developer of enterprise search technologies and solutions 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, Knight Ridder, LexisNexis, Merrill Lynch, Rakuten, Reed Elsevier, Reuters, Sensis, Stellent, Tenet Healthcare, Thomas Industrial Networks, T-Online, US Army, Virgilio (Telecom Italia), Vodafone, and Wanadoo.

FAST is headquartered in Norway and is publicly traded under the ticker symbol '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.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 22, 2006
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