Gensym opens European research and development center in U.K.CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Nov. 20, 1996-- Gensym Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :GNSM), a leading provider of software for creating intelligent systems, today announced that it has begun research and development operations in Europe. Located at Gensym's office in Maidenhead Maidenhead, city (1991 pop. 59,809), Windsor and Maidenhead, S central England, on the Thames River. It is a residential town with brewing and milling industries as well as a resort. The 13th-century stone bridge was rebuilt in the 1770s. , England, the new European R&D Center has been established to advance the development of Gensym's core products, particularly in the directions of enterprise solutions, Internet connectivity, and enhanced graphical user interfaces. The Center is led by Michael Gribble grib·ble n. Any of several small wood-boring marine isopod crustaceans of the genus Limnoria, especially L. lignorum, which often damage underwater wooden structures. , formerly with Gensym Solution Partner ABB n. 1. Among weavers, yarn for the warp. Hence, Noun 1. ABB - an urban hit squad and guerrilla group of the Communist Party in the Philippines; formed in the 1980s Linkman linkman Noun pl -men a presenter of a television or radio programme consisting of a number of items broadcast from different locations Noun 1. Ltd. "Gensym software helps organizations leverage the expert knowledge of their most talented personnel in intelligent systems that can improve quality, increase reliability, and lower operating costs," said Lowell Hawkinson, Gensym chairman and 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. . "Our European R&D Center allows us to participate in collaborative ESPRIT projects and thereby better respond to the evolving needs of our expanding European customer base." Gensym's family of software products is built around G2, a graphical object-oriented environment for building and delivering intelligent systems. Typical G2 applications include process monitoring and diagnosis, supervisory control, dynamic scheduling, real-time quality management, advanced control using fuzzy logic fuzzy logic, a multivalued (as opposed to binary) logic developed to deal with imprecise or vague data. Classical logic holds that everything can be expressed in binary terms: 0 or 1, black or white, yes or no; in terms of Boolean algebra, everything is in one set or and neural networks, and process design and simulation. Based in Cambridge, Mass., Gensym Corp. is a leading supplier of software products and services for developing and deploying intelligent systems. Solutions built with Gensym software address the complex, dynamic problems found in industrial, scientific, commercial, and government organizations. Gensym has sold more than 7,000 product licenses to organizations in more than 40 countries worldwide. Founded in 1986, Gensym has 26 offices around the world, including eight in Europe. Visit Gensym on line at http://www.gensym.com. -0- Gensym and G2 are registered trademarks of Gensym Corp. CONTACT: Gensym Corp. Betsy Gartner +1 617-547-2500 x 241 eag@gensym.com |
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