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TELESCAN AND KNOWLEDGE EXPRESS TO LINK TECHNOLOGY TRANSFER PROFESSIONALS WITH NEW LICENSING EXECUTIVES SOCIETY ONLINE SERVICES

 HOUSTON, Oct. 19 /PRNewswire/ -- Telescan, Inc. (Telescan) (NASDAQ Bulletin Board: TSCN) its subsidiary, Knowledge Express, L.C. (Knowledge Express), and the Licensing Executives Society (LES) of the United States and Canada, today jointly announced the release of the new LES Online information network. The primary objective of LES Online is to provide the more than 7,000 individual and organizational members of LES worldwide, with interactive electronic communication services, and on-line access to vast databases of information and resources vital to technology transfer professionals. The Knowledge Express databases contain extensive information on thousands of new technologies and inventions at major universities, corporate centers and federal laboratories and agencies.
 LES Online offers electronic delivery of publications and conference proceedings, a fully searchable directory of the LES membership, and comprehensive information on companies and their technology needs. Additional features include electronic mail, roundtables, and forums custom designed for LES needs, with the option to access more than 20 Knowledge Express databases utilizing the proprietary searching technology, licensed from Telescan. The powerful relevant/optimal search engine technology will enable an LES member to use a simple English language request to search a Knowledge Express database, and quickly retrieve the information most pertinent to their inquiry. Other on-line networks using the same technology, and operated by Telescan, include the American Institute of Architects (AIA Online), Entrepreneurs Online and Editor & Publisher Online.
 "As the pace of technological change continues to quicken, LES Online provides a means for its users to identify and seize opportunities like strategic joint ventures, product acquisitions and new technology licenses,"
said Alfred (Buz) Brown, Ph.D., president of Knowledge Express, L.C. "This service will provide a model for other industries on the use of powerful new search and communication technologies, and the realities of electronic commerce on the information superhighways."
 Knowledge Express, L.C., Wayne, Pa. was founded in 1991, and is considered the leading provider of electronic information to technology transfer professionals. The Licensing Executives Society of Hartford, Conn., is the largest and most prestigious professional organization for individuals and entities involved in technology transfer. Telescan, Inc., a Houston-based public company, (TSCN on NASD Bulletin Board), designs, develops and operates on-line information networks for individuals, corporations and institutions. Telescan's on-line financial screening and analysis network services 80,000 customers nationwide.
 -0- 10/19/93
 /CONTACT: Cathi Stahlbaum of Knowledge Express, L.C., 215-293-9712, or Richard Ames of Telescan, Inc., 713-952-1060, or Edmund Astolfi of Licensing Executives Society, 203-869-1741/
 (TSCN)


CO: Telescan, Inc.; Knowledge Express, L.C.; Licensing Executives
 Society ST: Texas, Connecticut IN: CPR SU: JVN


TS -- NY054 -- 3988 10/19/93 12:37 EDT
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Publication:PR Newswire
Date:Oct 19, 1993
Words:436
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