COGNITIVE SYSTEMS ANNOUNCES NEW FINANCING
COGNITIVE SYSTEMS ANNOUNCES NEW FINANCING NEW HAVEN, Conn., Jan. 29 /PRNewswire/ -- Cognitive Systems Inc.
(NASDAQ: CSAI) today announced conclusion of negotiations to receive a $450,000 marketing and development loan from Connecticut Innovations, Inc., a Connecticut state agency. The proceeds of this loan are targeted for the market introduction of ReMind(TM), a Case Based reasoning applications development tool.
"We are very pleased about the initial reaction of the marketplace to our introduction of ReMind," said Steve Mott, president, "We look forward to expanding our marketing and development efforts with this new funding to take advantage of the growing interest in ReMind." Cognitive Systems, Inc. specializes in building and marketing software applications and tools for intelligent database extraction and information processing. -0- 1/29/92 /CONTACT: Steve Mott of Cognitive Systems, 203-773-0726/ (CSAI) CO: Cognitive Systems, Inc. ST: Connecticut IN: CPR SU: FNC SH-SM -- NY079 -- 4870 01/29/92 15:55 EST
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|Date:||Jan 29, 1992|
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