LexiQuest to Introduce Linguistics-Based Knowledge Management Software to UK Financial Community.

Business Editors, Hi-Tech Writers

LONDON--(BUSINESS WIRE)--May 14, 2001

LexiQuest, Inc., a provider of linguistic software for the management, retrieval and access of textual information today announced that it will introduce its proven linguistics-based products, that allow users to communicate with technology on their own terms by enabling computers to understand everyday human language, to the UK financial market. LexiQuest will demonstrate its solutions at Online Information for the City 2001, which targets information managers and users in the financial community, on May 23 and 24 at the Baltic Exchange.

"We recently opened our London office in order to better serve our major international accounts, as well as address the demand that our linguistics-based products are generating in the UK marketplace," said LexiQuest CEO Bruno Henry. "We look forward to presenting our Knowledge Management solutions, employed by clients such as Chase Manhattan Bank, BNP Paribas and Banque de France, to the UK financial industry."

LexiQuest's Knowledge Management products include:

-- LexiQuest Guide for Information Retrieval: saves time by enabling users to
submit multi-concept queries in natural language (including financial industry
and company-specific terminology) to retrieve relevant answers; allows search
for documents across different languages including English, French and Spanish
for vital documents from disparate data sources

-- LexiQuest Mine for Information Management: helps organize and categorize
free text information; financial analysts can track information on the
fast-changing market and pick up on critical information held within large
volumes of reports, industry journals and publications

-- LexiQuest Respond for Information Access: automatically answers customers
and/or internal employees questions; helps banks enhance customer relationships
and increase level of employee satisfaction by providing fast, accurate
responses to company information queries

LexiQuest software applications for finance, telecom, pharmaceutical and legal markets include e-commerce, customer relationship management, search engine retrieval, corporate intranets and human resources.

LexiQuest, Inc.

LexiQuest, Inc. is a provider of software for the management, retrieval and access of textual information using linguistic technology. LexiQuest software allows users to communicate with technology on their own terms by enabling computers to understand human language. Over 100 customers in markets including finance, IT, pharmaceutical and legal, employ LexiQuest technology. Customer applications include e-commerce, customer relationship management, search engine retrieval, corporate intranets and human resources. Among LexiQuest's customers are France Telecom, Chase Manhattan Bank, HotBot, BNP Paribas, General Electric, Arthur Andersen, Banque de France and The Public Broadcasting System (PBS).

Founded in Paris under the name Erli SA, LexiQuest is the fruition of more than two decades of landmark research and development in computational linguistics and Natural Language Processing (NLP). LexiQuest's groundbreaking core technology was developed in cooperation with the European Economic Commission (EEC). Steering a consortium of 11 companies from member countries, LexiQuest defined the "GENELEX Standard," which evolved into the tools and applications that make LexiQuest today's premiere linguistic software. LexiQuest is headquartered in New York and Paris with offices in London and Brussels.