Endeca To Offer Powerful Data Classification From Softface For Improved World Class Search and Guided Navigation Solutions
Endeca InFront Customers To Gain Greater Competitive Advantage With More Precisely Structured Product Information
Cambridge, Mass., July 14, 2003 - Endeca, the only provider of Guided Navigation and advanced search solutions, and Softface, The Procurement Intelligence Company, today announced that Endeca will now offer Softface`s core product data structuring and attribute extraction technology as a product option for Endeca InFront customers. As a result, Endeca customers will gain a greater competitive advantage through enhanced revenues, better customer service, and more informed business decisions.
"The option for Endeca InFront customers to include Softface`s data extraction and classification as part of their overall solution offers many advantages," said Olivier Sermet, President and CEO for Softface. "Softface`s and Endeca`s technologies complement each other extremely well, and now, Endeca customers who add Softface can experience dramatic improvements in the data quality of their online catalogs and the resulting customer satisfaction that goes along with it."
Endeca InFront solutions present data about products and services in a highly intuitive way, allowing users to iteratively browse and refine search by keywords, product attributes, and category classifications such as product type, size, and features. Endeca’s solutions are fueled by structured product information. Better product information results in better returns for Endeca’s customers.
Softface`s core technology automatically transforms plain, free-flowing product text and cryptic product descriptions, that are commonly found in enterprise transaction systems and product catalogs, into precisely structured product information. Because Softface`s technology automatically extracts detailed product attributes, and normalizes the product description, it is well suited to fuel Endeca`s solutions. Now Endeca customers can leverage Softface to extract configuration-level details from records instantly and rebuild content from previously unusable product text.
"When two leading and innovative technologies can come together to offer a better overall solution, the customer wins every time," commented Jim Baum, President and COO of Endeca. "The ability for Endeca to offer Softface’s leading classification capabilities is strategic for both companies as it allows each to focus on what it does best while delivering a resulting end solution that is extremely powerful for both clients and customers."
Endeca`s Guided Navigation and advanced search solutions help businesses across a variety of sectors like retail, financial services, manufacturing, information publishing and business-to-business with applications that address the information overload problems associated with content, catalog and enterprise information access and retrieval. Endeca solutions are built on innovative technology that makes it possible for the first time to offer Guided Navigation and advanced search on structured and unstructured information with high performance, and low total cost of ownership, even at massive scale.
About Endeca
Endeca offers innovative advanced search and Guided Navigation information delivery solutions for companies who need to integrate, discover, and navigate enterprise data to solve the business problems associated with information overload. Endeca technology is already at work for leading retail, financial services and business-to-business companies like Barnes & Noble, Putnam Investments, and Arrow Electronics. Endeca solutions empower users to explore and discover relevant relationships in data and find accurate and precise results with unprecedented speed. Patent-pending algorithms provide a scalable, Web-based infrastructure for data exploration, leading to highly relevant and meaningful search results every time. This technology can be applied across a wide-range of enterprise and customer applications including Customer Relationship Management (CRM) analytics, catalogs, directories, search and portal integration. Endeca is a privately held company headquartered in Cambridge, MA and is backed by leading venture capital firms including Ampersand Ventures, Bessemer Venture Partners and Venrock Associates. Endeca is an IBM Advanced Business Partner. For more information, please visit www.endeca.com or email us at info@endeca.com.
About Softface, Inc.
Softface is the Procurement Intelligence Company. Softface`s solutions speed and simplify the transformation of previously unusable product, services, and supplier data into intelligence that helps our customers save millions of dollars. Our Global 2000 customers leverage our proven core technology to transform the data they already own, inside their transaction systems, into granular spending visibility and precise product content. The results of Softface`s solutions drive cost-effective decisions, increase revenues, and enhance profits. Softface`s products include the Procurement Intelligence Suite and the Enterprise Content Suite. Global 2000 customers include Cadence Design Systems, Hagemeyer North America, Royal Caribbean Cruise Lines, Premier, Inc., Sasol and Wilson Supply. Softface is a privately held company located in Walnut Creek, California. For more information on Softface, visit the company`s web site at www.softface.com or call 1-925-279-1097.
Contact:
Endeca
Julie Blake
617-577-7999
jblake@endeca.com
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