ClearForest Announces Harvest- Real-time On-demand Machine Readable News
Innovative Service Delivers Semantic Information Mining of Any News Source
Waltham, MA - December 19, 2006 - Today ClearForest announced the immediate availability of Harvest, a real-time machine readable news service that leverages ClearForest's enterprise-class natural language processing technology. Harvest processes a customer's news and document feeds and instantly returns machine-readable information about people, companies, locations and over 200 other entities facts and events such as bankruptcies, accounting issues, acquisitions, management changes, product defects, product recalls, and more.
A wide range of organizations are working to incorporate the value of real-time news in their content management, equity trading, risk management and market awareness activities. Unfortunately, the vast majority of content is trapped within the unstructured text of the news sources. Harvest unlocks the actionable data within the news and makes it immediately available to the customer - without the time and expense of manual editorial functions.
Unlike proprietary solutions that constrain customers to a single news provider and do not offer the full range of available intelligence extraction, Harvest provides a consistent machine-readable news format across any customer-provided news source including both national and local news providers as well as blogs. As a customer's requirements for real-time news grow - Harvest grows too with no changes to systems or processes.
In production today for over 2,500 users, a small portion of the Harvest functionality is offered via the ClearForest Gnosis Firefox browser extension. The browser extension is available for free at http://gnosis.clearforest.com.
Harvest is offered as a hosted web service and has a range of subscription options. The service is proven to scale to millions of news stories per day with sub-second analysis times. For extremely high volume applications, Harvest is available for installation at the client's site.
About ClearForest
ClearForest Corporation is the world leader in business solutions enabled by text analytics, supplying the analytical bridge between two previously disconnected worlds of information--unstructured text and enterprise data. In allowing both to be analyzed simultaneously, ClearForest makes unified business intelligence a reality. Our award-winning solutions enable text driven business intelligence for customers such as Eastman Chemical, Reuters, Elsevier Science and International Finance Corporation to turn large volumes of contextually-based information into proactive business intelligence. Corporate headquarters are in Waltham, MA.
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Contact Information
Jay Henderson
ClearForest Corp.
Tel: (781) 250-4300
E-mail: CorporateCommunications@clearforest.com