DM: TextAnalyst - new text mining solution from Megaputer

[Sergei Ananyan]

========================
FOR IMMEDIATE RELEASE
November 5, 1998
Megaputer Intelligence
http://www.megaputer.com

Megaputer Intelligence Inc. and MicroSystems Ltd. unveil TextAnalyst 
- a
unique intelligent tool for automated semantic analysis, 
summarization,
and navigation of texts written in natural language. The new solution
received the highest grades from all pilot users of the system during
the initial offering period. TextAnalyst performs a broad range of 
text
mining tasks completely automatically:

 *  Semantic network development for a corpus of analyzed texts;
 *  Text abstracting;
 *  Knowledge base creation;
 *  Semantic search for information  (with the creation of a sub-tree 
of
concepts related to the concept mentioned in the query);
 *  Hierarchical topic structuring;
 *  Text indexing.

TextAnalyst utilizes an innovative neural network technology for a
homogeneous processing of texts from arbitrary fields. In combination
with other implemented advanced text processing techniques this 
approach
provides for the most efficient development of the semantic network 
of a
text. The developed semantic network is used by TextAnalyst for a
further multi-faceted analysis of texts.

Existing users of TextAnalyst include government offices, consulting 
and
law firms, medical centers, scientific organizations, electronic book
publishers, customer support centers, political institutions, and even
college students.

“TextAnalyst effortlessly permits us to undertake preliminary data
reduction and analysis simultaneously without missing important
information. TextAnalyst is able to efficiently handle numerous and
often large (90+ pages apiece) text files without any problem.
Furthermore, the program is extremely user-friendly,” says Eleanor
McLellan, Data Analyst at Center for Disease Control and Prevention.

“TextAnalyst facilitates a drastic reduction in the time required by 
an
analyst to grasp the meaning of a set of texts on any subject. In
addition, TextAnalyst furnishes many hints for a deeper comprehension 
of
the whole text, as well as its separate fragments,” adds Peter
Makogonov, Ph.D., Deputy Director, Administration of Mayor, Moscow.

“By introducing TextAnalyst Megaputer further expands its broad 
offering
of comprehensive data analysis solutions and becomes a key player in 
one
of the most dynamic segments of the information analysis market,” 
notes
Sergei Arseniev, CEO of Megaputer. “Now large corporate customers with
diverse data and text analysis needs can obtain a complete suite of 
best
analytical solutions from a single vendor, making the integration of
different applications simple. Megaputer’s PolyAnalyst solution for 
data
mining and TextAnalyst solution for advanced text analysis go
hand-in-hand to help users derive more value from information.”

Megaputer is running a limited time introductory promotion for
TextAnalyst. A FREE evaluation copy of the program is available for
downloading from
http://www.megaputer.com

Platforms: Windows 95/ 98/ NT
Pricing:  The limited time promotional price for TextAnalyst is $283.
An additional internet purchase discount is 30% until December 1, 
1998.

Contact:
     Sergei Ananyan
     VP, Marketing
     Megaputer Intelligence
     mailto:s.ananyan@megaputer.com
     Tel: (812) 325-3026,  Fax: (812) 339-1646

==============================================
Megaputer Intelligence established in 1993, is a leading manufacturer 
of
advanced data mining, text analysis, and decision support solutions.

MicroSystems Ltd. is a research and development center specializing in
semantic information processing technologies. MicroSystems Ltd. is a
business partner of Megaputer Intelligence.

==============================================
TextAnalyst is a new intelligent text mining and semantic information
search system. The system implements a unique neural network 
technology
for structural processing of texts written in natural language. This
technology simplifies the work with large volumes of textual 
information
and can be effectively applied to automatically carry out the
development of knowledge bases, creation of hypertext, searchable, and
expert systems, and perform automated indexing, topic assigning, and
abstracting of texts from various fields.

==============================================
PolyAnalyst is a complete multi-strategy data mining solution 
utilizing
the latest achievements in the automated knowledge discovery in
databases. A broad selection of exploration engines allows the user to
predict values of continuous variables, explicitly model complex
phenomena, determine the most influential independent variables, and
solve classification and clustering tasks. The ability of PolyAnalyst 
to
present the discovered relations in explicit symbolic form has no 
world
analogs. An object-oriented design, point-and-click GUI, versatile 
data
manipulation, visualization, and reporting capabilities, minimum of
statistics, and a simple interface to various data storage 
architectures
make PolyAnalyst a very easy-to-use system.
==============================================