Press Release
Text Solutions, Inc. Partners with Equivio to enhance data management offering with near-duplicate detection technology
Text Solutions, Inc. to deploy Equivio’s solution for detecting and grouping near-duplicate documents in defense, intelligence and civilian government agencies
Washington May 9, 2005 - Text Solutions, Inc. (TSI), a leading provider of unstructured data solutions, and Equivio Ltd., a provider of enterprise-grade software for detection of near-duplicate files, today announced a strategic partnership. Under the terms of the agreement, TSI will deploy Equivio’s product as part of its offering to defense, intelligence and civilian government agencies.
By identifying and grouping near-duplicate documents, Equivio’s software will help government agencies make sense of the vast amounts of data they collect. TSI will include Equivio’s near-duping capabilities as part of its unstructured data product offering. TSI will offer the Equivio near-duping product both as an integrated offering together with ClearForest business intelligence solutions, and in standalone mode. In addition, TSI will provide consulting and system integration services to assist in implementation of the product.
“With the addition of Equivio’s technology, TSI reinforces its leadership in unstructured data solutions for the defense and intelligence sector.” said Allen Shay, chairman and president of TSI. “By integrating Equivio’s near-duping product and ClearForest’s text-driven business intelligence products, we are helping analysts pinpoint, from within a rising sea of data, the key value-added information they need for mission-critical decisions.”
The partnership reflects the growing demand for tools that help organizations deal with a massive growth in data volumes. Text analytics solutions help discover pertinent entities, facts, events and relationships buried within the text of unstructured content, and deliver "intelligent" data for government analysts. Intense trials with Equivio have demonstrated the product’s ability to create new dimensions of order in large-scale unstructured data environments.
“We are excited to be working with TSI,” said Amir Milo, CEO of Equivio. “Through its deep understanding of customer needs, TSI can help us bring the benefits of near-duping to the defense and intelligence community. By grouping near-duplicate documents, our software can help major government agencies winnow large data sets, while also enabling a significantly more coherent and prioritized review process.”
About TSI
Text Solutions Incorporated (TSI), a subsidiary of ClearForest Corporation, is a leader in providing text based unstructured data solutions to Government clients worldwide. TSI, the exclusive supplier of ClearForest products in the government market, can deliver the analytical bridge between the two normally disconnected worlds of information--unstructured text and enterprise data -- utilizing ClearForest's data tagging, entity extraction and analytic technologies. Headquartered in Germantown, Maryland, TSI maintains a staff of industry knowledgeable, cleared personnel capable of providing training, customization services and support to both Government end users and Government Integrators seeking solutions to text analytic problems. For more information visit our website at www.textsolutions.com.
About Equivio
Equivio offers patent-pending technology to detect and group near-duplicate files. Equivio creates a compelling ROI in all business situations in which people need to analyze or manage large sets of documents. By grouping near-duplicates, Equivio enables the review of each set of similar documents as a single coherent entity, systemizing the review process and enhancing efficiency. In addition, the grouping of near-duplicates allows the user to review similar documents by just comparing differences. These capabilities save time and effort, improve review quality and ensure consistent treatment of similar documents. Equivio is built for straightforward plug-in as an OEM component, or as a standalone application integrated within the enterprise systems environment. For more information, visit our website at www.equivio.com.
CONTACT INFORMATION:
For TSI:
Hal Wiediger
info@textsolutions.com
(240) 912-2050
www.textsolutions.com
For Equivio:
Warwick Sharp
info@equivio.com
+972-3-938-6885
www.equivio.com
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