SOURCE: Metatomix

November 17, 2008 09:00 ET

Metatomix Expands Semantic Data-Sharing Capabilities With Introduction of "Discovery"

New Offering Gives Users Suite of Tools for Analyzing and Mapping Data

DEDHAM, MA--(Marketwire - November 17, 2008) - Metatomix, Inc., a leading provider of semantic solutions to justice and public safety, financial services, manufacturing and life sciences organizations, today announced the introduction of a new a suite of tools designed to analyze and map information found in unstructured textual formats, and integrate that information with structured and semi-structured data using Metatomix's Semantic Middleware Platform. The product, called "Discovery," will provide public sector and commercial customers with the ability to incorporate more diverse data sets for the purpose of a richer 360 degree view of a topic or entity. For markets needing an enhanced view of a criminal or terrorist, a better toolset for E-Discovery in legal markets or real-time analysis of financial filings, Discovery will accelerate those activities.

Discovery will offer an immediate benefit to Metatomix's customers in a variety of markets. Within the justice and public safety sector, the varied content of incident reports, criminal history logs, text descriptions and narratives can be accurately integrated into queries run by state and local officials. Incident reports, used by law enforcement departments across the country to detail officers' daily activities, commonly use free text entry and comments fields to store important information. Previously, only certain elements of these report narratives could be analyzed, often excluding the information contained within the unstructured text.

"The addition of the Discovery suite of tools will firmly position Metatomix as a leader in delivering semantic data-sharing technology to both the government and business sectors," said Metatomix President and CEO Jeff Dickerson. "We believe that this technology will greatly benefit our customers across all markets by offering them the ability to analyze data in formats that were previously inaccessible."

Incorporating Discovery into Metatomix's Criminal Investigation (CI) product will introduce a full suite of text analytics tools capable of sorting and extracting valuable pieces of data from free text-based information sources like incident reports. Using that information, law enforcement officials will be able to identify common themes, such as a rise in traffic accidents at a specific intersection or an elevated number of robberies in a certain neighborhood.

Metatomix's customers in the financial services industry will also benefit greatly with the integration of Discovery. Teams of analysts at leading financial institutions are regularly tasked with sorting through detailed fund prospectuses to identify relevant trends and themes. The information within these documents often requires a significant amount of time to be analyzed and processed. Because the data is unstructured, it is inaccessible using existing search technologies. Using the automated analytic capabilities within the Discovery suite of tools, relevant data is able to be extracted from the documents without the use of human analysts. This data can then be interpreted and applied faster and more efficiently.

The technology behind Discovery was developed by researchers at Pacific Northwest National Laboratory (PNNL) through research funded by the Department of Homeland Security (DHS) and other government agencies. Originally designed for use within the national security community, Discovery's information analysis technology was licensed by Metatomix to create a new derivative work that will be integrated throughout the company's suite of semantic middleware solutions.

Metatomix's semantic technology intelligently gathers data from existing systems, using a common model to understand how relevant data relates to each other. That knowledge is then leveraged to make decisions and implement actions.

About Metatomix, Inc.

Founded in 2000, Metatomix is the leading provider of semantic solutions to justice and public safety, financial services, manufacturing and life sciences organizations. Metatomix solutions link data from existing disparate systems to create a common semantic understanding across the enterprise. Using this contextual understanding, Metatomix solutions enable real-time analysis and insights, orchestrating and coordinating responses among both people and systems to optimize business performance. For more information, visit the Metatomix Web site at http://www.metatomix.com.

Metatomix is a trademark of Metatomix, Inc. Other brand names or product names are trademarks or registered trademarks of their respective owners.

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