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RTI Celebrates 10 Years Of "Firsts" In Real-Time News Retrieval.


MCLEAN, Va.--(BUSINESS WIRE)--June 17, 1998--

Leveraging the value of business critical news and information

Retrieval Technologies Inc. is marking the 10th anniversary of its role in helping clients to better identify and manage the information which every company receives during the course of every business day, but which few companies properly utilize. Dan Hoogterp and Dave Stets founded RTI RTI - Return from interrupt  in 1988 to provide solutions for deploying and using real-time news.

"In the early days of information retrieval information retrieval

Recovery of information, especially in a database stored in a computer. Two main approaches are matching words in the query against the database index (keyword searching) and traversing the database using hypertext or hypermedia links.
, attention was mostly focused on delivering more and more information rather than on filtering through the mass of information for critical nuggets Nuggets can refer to several branches of interest:
  • , a compilation of U.S. psychedelic rock released between 1965 and 1968
  • , a Rhino Records box set of non-U.S.
 of knowledge," remarked Dan Hoogterp, 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 RTI. "The goal today is to leverage the value of information using powerful retrieval technologies which manage information overload A symptom of the high-tech age, which is too much information for one human being to absorb in an expanding world of people and technology. It comes from all sources including TV, newspapers, magazines as well as wanted and unwanted regular mail, e-mail and faxes.  and lead to knowledge management."

Under the News Machine(R) name, RTI has made thousands of clients realize how important the quality of information can be to a company's growth and profits. In the process, RTI has been involved in a number of "firsts" which have made the company the leader in its field:

Some of RTI's "Firsts" have been:

-- First developer of a commercial client/server information database for real-time news.

-- First provider of a commercial Web-based interface to real-time news and information for corporate Intranets which use standard web browsers The following is a list of web browsers. Historical
Historically important browsers
In order of release:
  • WorldWideWeb, February 26, 1991
  • Erwise, April 1992
  • ViolaWWW, May 1992, see Erwise
.

-- First real-time news and information system provider to incorporate collaborative "Workgroup" features.

-- First real-time news system to allow users to index documents and articles by adding keywords.

-- First to provide tracking of user and source usage for real-time news and information.

-- First to implement Knowledge Management features like "Voting" and "Expert Locator"

Over the past decade, RTI provided commercial news technology to financial communities, on-line services, and systems integrators. Today, RTI boasts numerous marquee accounts, and a growing corporate and government customer base served by the company's expanding sales and technical staff.

"We no longer plan the future in terms of calendar years, because we've learned to think in terms of 'Internet Time,'" said Dave Stets, Vice President of RTI. "We calculate an 'Internet Year' as the time it takes for information technology to be re-invented. We are planning our next 'Internet birthday' for sometime between now and end of this summer."

Retrieval Technologies, Inc., based in McLean, Virginia McLean is an unincorporated community located in Fairfax County in Northern Virginia. A small geographic area along Chain Bridge Road in Arlington County has a 22101 zip code and is also part of McLean. , was founded 10 years ago to develop collaborative and knowledge management technology which allows companies and individuals using standard web browsers, to integrate real-time news and historical information from multiple sources, such as the Associated Press Associated Press: see news agency.
Associated Press (AP)

Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world.
, Dow Jones Dow Jones

the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202]

See : Finance
, Reuters, Financial Times, and many others.

The company's electronic press kit is available at http://www.newsmachine.com

News Machine is a registered trademark of Retrieval Technologies, Inc. All other products or services mentioned herein are trademarks of their respective companies.

CONTACT: Retrieval Technologies, Inc.,

James Geanakos, 703-905-9000 or

fax 703-918-9503.

jgeanakos@rtinews.com
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:Jun 17, 1998
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