Text Analytics Leader Lexalytics Releases Salience 4.1 Offering Entity Management Toolkit for Better Entity Detection

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Company's release provides support for user-generated entity extraction models that will save businesses money and offer more control over presentation of information.

With the release of Salience 4.1 and the Entity Management Toolkit, we have improved the way companies create their own intellectual property

Lexalytics, Inc. (http://www.lexalytics.com), a software and services company specializing in text and sentiment analysis, announced today it has released Salience 4.1. This latest version of the popular Salience Engine includes a powerful Entity Management Toolkit used to build and train entity recognizers by understanding the user's data. This feature will reduce the amount of money spent preparing content for applications, and will give the users more control over how their applications are presented. Currently, Salience technology is widely used professionals in the marketing, public relations, enterprise search and financial services industries to manage brand reputation and improve the business value of information.

Salience 4.1 will solve entity extraction problems for companies that process specialized content. The Entity Management Toolkit easily allows users to mark up documents specifying entities that are important to them, and the system will then make suggestions on other entities. Once enough documents have been marked up to build a model the system is ready to process the entire corpus of data. The user doesn't need to write a single line of code for this process to work.

"With the release of Salience 4.1 and the Entity Management Toolkit, we have improved the way companies create their own intellectual property," said Jeff Catlin, CEO, Lexalytics. "Until now, users have had to rely on the vendors to provide recognizers, but the vendors are not the content and domain experts. The key to this release is in empowering content owners to expose the value of their own content, particularly in market and industry segments."

Salience 4.1 also includes separation of user customizations from default data files for easier management, and performance improvements to document processing time.

A free trial version of the Lexalytics text analytics software is available at http://www.lexalytics.com.

About Lexalytics
Lexalytics, Inc., has been committed to help businesses extract, analyze and report on any information contained within their servers or accessible from outside data sources such as blogs. Lexalytics solutions offer access to information needed to understand the impact of a company's brand or product messaging, as well as to reduce costs associated with filtering through non-relevant information. Most recently, Lexalytics has begun to offer social media monitoring solutions to a wide variety of organizations, using the core analytics engine enjoyed by some of the Fortune 500 companies. Visit http://www.lexalytics.com to learn more about the company's products and services.

Lexalytics Contact:
Christine Sierra
Lexalytics, Inc.
978-809-9640
christine.sierra(at)lexalytics.com

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Christine Sierra
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