SAN FRANCISCO, April 5 /PRNewswire-FirstCall/ -- Autonomy Corporation plc
(Nasdaq: AUTN; Nasdaq Europe: AUTN; LSE: AU) today announced that its Aungate
division, which has set the de-facto standard for electronic communications
management technology powering operations in the world's leading regulators
and stock exchanges such as the US SEC and NYSE as well as premier banks and
litigation companies, has further extended its Aungate product suite with the
addition of the 'Ijen Module' to power fraud analysis and money laundering
detection.
Ijen technology was developed by NCorp, a company founded in February 2000
to commercialize technology developed by leading UK Cambridge University
researchers in the structured data field. In 2004 NCorp joined the Autonomy
group of companies and its powerful Ijen pattern recognition technology --
which enables computers to rapidly identify complex patterns in structured
data -- was integrated into Autonomy's unique Intelligent Data Operating Layer
(IDOL), the world's No1 technology for automating unstructured information
operations. Ijen dynamically builds an intelligent and sophisticated
understanding of the underlying meanings, trends and patterns in structured
data sets and provides information to aid decision-making and automate
intelligent data classification procedures
Ijen's successful integration into the Autonomy IDOL platform on which
Aungate is founded has already yielded a number of powerful benefits that have
now been leveraged into the Aungate product suite. These include a powerful
set of real-time analysis operations for banking database systems to
automatically and intelligently identify subtle pattern changes in user
behavior otherwise hidden and contained within the vast collection of
transactional data. Until now, alternative approaches to these tasks have
relied on manual legacy technologies, which are difficult to scale and are
unable to detect subtle changes in transactional data or perform predicative
analytics.
Ian Black, Managing Director of Aungate said, "This first application of
Aungate's 'Ijen Module' into the field of fraud analysis and money laundering
detection further extends Aungate's unparalleled spectrum of automated real
time operations which already includes sampling, detection, discovery,
alerting and routing of text, voice and rich media content. No other
technology offers such an impressive range of options and the addition of Ijen
further strengthens Aungate's leading position in the market."
About Aungate
Aungate is the world's de-facto standard for electronic communications
management technology for automating compliance monitoring, risk, litigation
and enforcement operations, powering not only the world's leading regulators
and stock exchanges such as the US SEC and NYSE but also the world's premier
banks, litigation and compliance publishers such as ABN AMRO, Watson Wyatt,
Daticon, LIT group, Imagenet and Complinet.
Founded on Autonomy's world-famous IDOL technology, Aungate's unique total
communications management software solution automatically forms an
understanding of content such as instant messages, emails, phone calls and
rich media, automating tasks such as sampling, detection, discovery, alerting,
routing and money laundering in real time. This rich heritage includes serving
financial institutions globally including Lloyds TSB, Deutsche Bank, Goldman
Sachs, Zurich Financial Services, Bank of Montreal, Merrill Lynch and Royal &
Sun Alliance.
About Autonomy
Autonomy Corporation plc is a global leader in infrastructure software for
the enterprise. Autonomy's technology powers applications dependent upon
unstructured information including call center, customer relationship
management, knowledge management, enterprise portals, enterprise resource
planning, online publishing and security applications. Autonomy's customer
base includes more than 1,000 global companies including BAE Systems, Ford,
Ericsson, Royal Sun Alliance, Sun Microsystems and public sector agencies
including the U.S. Department of Defense, NASA and the U.S. Department of
Energy. Strategic reseller and OEM partners include leading companies such as
ATG, BEA, Business Objects, Citrix, Computer Associates, EDS, IBM Global
Services, Novell, Novient, Veritas, Vignette, Supportsoft and Sybase. The
company has offices worldwide.
The Autonomy Group of companies includes: Aungate, a leading supplier of
electronic communications management technology for regulatory compliance in
the enterprise; Audentify, a leading supplier of next-generation contact
center technology; and Virage, a leading provider of rich media communication
and content management software.
Caution Concerning Forward-Looking Statements
With the exception of historical information, the matters set forth in
this news release are forward-looking statements that involve risks and
uncertainties. A number of important factors could cause actual results to
differ materially from those in the forward-looking statements. These factors
include, among others, technology risks, including dependence on core
technology; fluctuations in quarterly results; dependence on new product
development; rapid technological and market change; reliance on sales by
others; management of growth; dependence on key personnel; rapid expansion;
growth of the Internet; financial risk management; and future growth subject
to risks. These factors and other factors, which could cause actual results to
differ materially are also discussed in the company's filings with the United
States Securities and Exchange Commission, including Autonomy's Annual Report
on Form 20-F and Registration Statements on Form F-1.
Beth Ladd
Autonomy Corporation plc
415/243-9955
bethl@us.autonomy.com
Charlotte Herbert
Autonomy Corporation plc
+44 1223 448 000
charlotteh@autonomy.com
Michelle Parkinson
Outcast Communications
415/392-8282
mparkinson@outcastpr.com
Edward Bridges
Financial Dynamics
+44 207 831 3113
edward.bridges@fd.com
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SOURCE Autonomy Corporation plc
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Related links:
http://www.autonomy.com
CONTACT:
Beth Ladd, +1-415-243-9955, or
bethl@us.autonomy.com, or Charlotte Herbert, +44-1223-448-000, or
charlotteh@autonomy.com, both of Autonomy Corporation plc; or
Michelle Parkinson of Outcast Communications, +1-415-392-8282, or
mparkinson@outcastpr.com, for Autonomy Corporation plc; or Edward
Bridges of Financial Dynamics, +44-207-831-3113, or
edward.bridges@fd.com, for Autonomy Corporation plc
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