Saffron and Basis Technology Form Partnership to Integrate Natural Analytics and Multilingual Entity Extraction

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Saffron Technology and Basis Technology today announced a partnership to integrate SaffronAnalyst™ for natural analytics with Rosette Entity Extractor for multilingual entity extraction to dramatically reduce the time required for an analyst to get to "actionable intelligence."

We're very pleased to be working with Saffron Technology in joining our Rosette Entity Extractor to SaffronAnalyst

Saffron Technology, Inc., the leader in natural analytic solutions, and Basis Technology, the leading independent provider of linguistic technology, today announced a strategic OEM/Reseller partnership to integrate the Rosette Entity Extractor (REX) for multilingual information retrieval into SaffronAnalyst. The decision comes after a significant effort by Saffron to evaluate a broad variety of entity extraction tools.

SaffronAnalyst is a thin client, Web 2.0 application that naturally bridges the gap between massive data sources by reading, remembering and recalling everything about all entities in the data. REX identifies these entities - the people, places, organizations, dates,
and other high value words or phrases that express meaning in the unstructured text - from many types of documents. REX allows SaffronAnalyst to capture relevant associations for many entity types in multiple languages.

The partnership brings together best-of-breed technologies for linguistic data analysis enabling users to significantly reduce the amount of time between data collection and actionable intelligence, while producing a higher-quality intelligence product.

The relationship will focus on the defense and intelligence community and other government agencies, as well as businesses in the financial, health care, pharmaceutical, and other data intensive markets that can benefit from extraordinary natural analytics combined with powerful, multi-lingual entity extraction.

The partners recorded a moderated interview with Dr. Manuel Aparicio, CEO of Saffron Technology, and Steve Cohen, EVP of Products at Basis Technology, highlighting the product features, integration, and customer benefits of the combined solution. The podcast can be downloaded at Saffron/Basis Podcast.

The companies also announced a joint product demonstration webinar on Wednesday, October 22, 2008. Interested parties will get an invitation after downloading the podcast.

"We're very pleased to be working with Saffron Technology in joining our Rosette Entity Extractor to SaffronAnalyst," said Steve Cohen, EVP of Products at Basis Technology. "They have created a powerful knowledge discovery platform that provides tremendous value to analysts and businesses alike."

Dr. Aparicio said, "Customers are the ultimate beneficiaries of this alliance. We're leaders in our respective markets, our competencies overlap, and our products complement one another - the synergy is natural." He added, "We're giving our customers what they want - the integration of best-of-breed technologies to achieve unmatched analytic results. Saffron and Basis share a commitment to the power and transparency our integrated products provide the market."

About Saffron Technology:
Saffron Technology's Natural Analytic solutions for government and business meet and exceed the needs of organizations challenged by massive volumes of structured and unstructured data stored in multiple sources that require unified analysis in order to achieve their objective. Saffron dramatically reduces the time to get to "actionable intelligence" with their SaffronAnalyst™ and SaffronMemoryBase™. Government agencies in national security and businesses in highly competitive and risk-intensive markets rely on Saffron to help them ask the right questions and find the unknown unknowns in their data.

Company headquarters are in Research Triangle, North Carolina. For more information, please visit http://www.SaffronTech.com or call 1-866-472-3376.

About Basis Technology:
Basis Technology provides software solutions for text analytics, information retrieval, and name resolution in many languages. The company's Rosette® Linguistics Platform is a widely adopted suite of interoperable components that delivers high-performance results to search, business intelligence, e-discovery, and many other enterprise applications. Basis Technology is on the forefront of applied natural language processing solutions using a combination of statistical modeling, expert rules and corpus-derived data.

Leading software vendors, content providers, financial institutions, and government agencies rely on Basis Technology's solutions for Unicode compliance, language identification, multilingual search, normalization, name matching, name translation, and entity extraction. Our products and services are used by over 250 major firms, including Cisco, EMC, Endeca, HP, Microsoft, Oracle, and Symantec. Our text analysis products are widely used in the U.S. defense and intelligence industry by such firms as CACI, Lockheed Martin, MITRE, Northrop Grumman, SAIC, and SRI. We are also the top provider of multilingual search technology to web search engines, such as AOL, Ask.com, Google, Windows Live, and Yahoo!

Company headquarters are in Cambridge, MA, with branch offices in San Francisco, California; Herndon, Virginia; and Tokyo, Japan. For more information, visit http://www.basistech.com or call 800-697-2062.

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