Business intelligence, knowledge management systems, news aggregators, mashups, and more

Connotate Recognized by Leading Market Research Firm as an Innovative Information Access Company Under $100M to Watch

Premier global provider of market intelligence, advisory services, and events recognizes Connotate for product adaptations and innovations

NEW BRUNSWICK, NJ – October 29, 2009 - Connotate, a leading provider of solutions, which transform information from the Web and enterprise into user-empowered on-demand applications and actionable intelligence, today announced their inclusion in the "Innovative Information Access Companies Under $100M to Watch" study published byIDC.

The first study conducted by IDC of its kind, the nine companies selected by IDC as innovative information access companies were chosen based on how well they embodied one or more of three trends prevalent to information access software. The trends focused on software requiring minimal training and incorporating Web 2.0 capabilities; unified management of and access to information; and intelligent process automation. Companies were recognized on the final list based on their product adaptations and innovations addressing the trends IDC identified.

“IDC recognized Connotate for its innovative approach to harvesting and delivering Web information quickly to its customers in multiple formats, including targeted alerts, spreadsheets, data streams and time-series trending data that can be customized by each user, and shared with others" said Sue Feldman, IDC's VP for Search and Discovery technologies. "Some of the requirements for qualifying for this award included Web 2.0 interactivity, and unified access to multiple sources . Connotate provides both of these features, particularly with its Agent Studio. We congratulate them."

"Connotate is proud to be recognized as one of the innovative information access companies under $100M to watch list,” says Bruce Molloy, CEO of Connotate. “With top global publishers, content aggregators and distributors, financial services and government agencies relying on our solution to help them increase productivity while reducing costs, we’re proud of the product innovations we continue to develop. It makes us even more committed to deliver not only a high value solution but, more importantly, a high-value solution that delivers an amazing ROI.”

IDC's "Companies to Watch" reports are a qualitative evaluation of a set of vendors within a specific market – they are not a stack ranking nor do they represent an exhaustive evaluation of all companies in a segment or a comparative ranking of the companies in the report.)

The study was announced on October 26th by IDC on http://www.idc.com. To learn more about Connotate, visit http://www.connotate.com.

Connotate is changing the way businesses lev rage information from the Web and Enterprise.

Connotate’s premium solution goes far beyond search allowing users to quickly create and share on-demand applications that discern high value information, automate repetitive tasks, provide analysis and alerts from information found on the Web and across the Enterprise. Its machine-intelligent Agents can do anything a human can do to monitor, mine, analyze, mashup and deliver high value content. Agents operate on a fully-automated, 24 x 7 basis. Connotate Agent Community GEN2^TM is a robust, flexible and scalable platform. Agents are created using an intuitive GUI that supports fast and easy configuration by end-users without programming experience. Content is delivered over any number of media including XML, RSS, email, text messaging, filesystems and direct feeds to SQL databases and Excel.

Connotate’s clients include large hedge funds and financial services firms; many of the largest global publishers and online media companies; pharmaceutical, energy and Internet companies; and federal and state government agencies. Connotate was the recipient of the 2007 KM Promise Award and has been named one of the "100 Companies That Matter in Knowledge Management” by KMWorld for the fourth consecutive year. Connotate’s investors include Goldman Sachs; a relationship that includes a joint marketing agreement in which Goldman Sachs' Hudson Street Services offers Connotate’s solution to its investor client base. For more information on Connotate, visit our website at http://www.connotate.com.

Learn how Agent Community GEN2 can satisfy your need for data mining, accessing and analyzing dynamic content across disparate resources, both on the Web and within the Enterprise. Click here for more information or call 732-296-8844.