Bloodhound Search Technologies, Inc.
PINK SHEETS : BLDH

Bloodhound Search Technologies, Inc.

June 07, 2006 08:00 ET

Bloodhound Search Technologies Cuts the Customization Time for its SIMS Portals by 95%

SUGAR LAND, TEXAS--(CCNMatthews - June 7, 2006) - Bloodhound Search Technologies, Inc. (PINK SHEETS:BLDH), announced today that it completed the design of its second generation web entry system. The new entry system enables Bloodhound to reduce customization times by up to 95%, effectively reducing the time it takes to build a Bloodhound-powered search portal from four weeks to less than one day.

Instead of having to waste time searching for news or other important information on the Internet, the client can have Bloodhound's customized SIMS portal (Strategic Information Monitoring System) search and retrieve exactly the information he or she is interested in. These portals are built according to client-supplied strategic information, such as keywords, press releases, industry descriptions or business plans. A customizable SIMS portal can continually monitor over 10,000 news sources and websites. It scans the relevant information sources 24 hours a day, and provides important news about the industry, significant events, or any other news of strategic importance to the client. After retrieving the relevant information, SIMS automatically organizes it on a personal web portal page that looks like an online news website.

"Companies can use Bloodhound's SIMS to gather information about competitors, identify potential clients, monitor industry trends, track changes in legislation or even to educate the company's employees or other stakeholders about the business and the industry the company is in," says John Abraham, Chief Operation Officer for Bloodhound Search Technologies, Inc.

Bloodhound is currently developing its second generation technology, which will allow the user to create personalized search engines. With this next generation of SIMS technology, the user can teach his or her Bloodhound-powered search engine exactly what it should look for. He or she can train their "bloodhounds" to report back with all available information on business-related information, favorite sports teams, gourmet recipes, soap operas, local events, the arts or anything else you can think of.

"Today's announcement is very significant, however, because our new web entry system enables us to dramatically reduce the time and cost for developing first generation SIMS portals for our clients. We can now provide fully-customized SIMS portals for those companies that are not able to wait until our next generation technology becomes available," states Abraham.

For more information about Bloodhound Search Technologies and to view examples of Bloodhound's SIMS technology, please visit www.bloodhoundsearch.com.

This press release may include "forward-looking statements'' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The Company's actual results could differ materially from those anticipated in the forward-looking statements. The Company refers you to the cautionary statements and risk factors set forth in the documents it files with the Securities and Exchange Commission. Neither the Company or Phoenix IR Associates is under any obligation (and expressly disclaims any obligation) to update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.

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