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Fast Search & Transfer ASA

FAST Announces OEM Agreement With ClearStory Systems

Olso, Norway, November 30 (ots/PRNewswire)

- FAST InStream to be Integrated Into ClearStory's Enterprise
Content  Management Solutions
Fast Search & Transfer(TM) (FAST(TM)), the leading developer of
enterprise search and real-time alerting technologies, today
announced an OEM partnership with ClearStory Systems (OTCBB: CSYS),
an established provider of flexible, on-demand enterprise content
management (ECM) solutions. As part of this agreement, FAST
InStream(TM), an OEM enterprise search solution developed
specifically for independent software vendors (ISVs), will be
integrated with ClearStory's Radiant Content Suite.
The integration of FAST InStream with ClearStory's Radiant Content
Suite will enable enterprise-scale search capabilities - further
enhancing the value of ClearStory's powerful platform for integrating
rich media and business documents into a multitude of
business-critical environments. Based upon FAST's powerful Enterprise
Search Platform (FAST ESP(TM)), FAST InStream enables ISVs like
ClearStory to empower their users, extend and strengthen their
applications' functionality, and accelerate their competitive
advantage.
Organisations have struggled with how best to manage the rapid
growth of content generated by an organisation. Content management
systems were created specifically to manage this content and properly
organize and structure the content so it can be accessed and acted
upon. However, given the exponential growth of content requiring
management, the ability to quickly find a specific piece of
information is often overlooked and as a result, operational and
process efficiencies suffer. By integrating FAST InStream with
ClearStory's suite of solutions, companies can enjoy full text
indexing and search capability across repositories.
Radiant MailManager, ClearStory's e-mail active archiving
solution, is scheduled for release in December 2004. FAST InStream is
an integral component of the product, providing powerful search
capability with training-based analytics to ensure accurate policy
management and review of enterprise e-mail, based on both message and
attachment content.
"Companies today are finding enormous value in developing
enterprise-wide business and rich media content management
solutions," said Henry F. Nelson, president and CEO, ClearStory
Systems. "In order to truly leverage that content, our customers
demand robust search functionality within their ECM infrastructure.
ClearStory is pleased to partner with FAST for enterprise search to
ensure our customers can find and act upon the information within our
solutions quickly and easily. "
"The ability to easily locate a piece of data hidden within an
organisation's existing systems is critical to effective operations
and driving positive business results," commented Ali Riaz, FAST's
chief operating officer. "This partnership underlines FAST's
commitment to working with leading ISVs from across multiple market
segments to provide best-of-breed search technology to end-users
around the world. We look forward to working with ClearStory and
their customers to help unleash the power of our respective solutions
and maximise their existing technology investments."
FAST has transformed enterprise search from a powerful, yet
narrowly perceived function, into an enterprise-wide strategic and
tactical capability of pivotal importance. FAST ESP and FAST's
portfolio of solutions and SDAs supply a complete information
retrieval solution ideal for a growing number of key vertical markets
and applications including e-Commerce and Internet Portals, Financial
Services; Government; Life Sciences; Media and Publishing; and
Telecom. For FAST, the search never stops.
About ClearStory Systems
ClearStory Systems (OTCBB: CSYS) is an established provider of
flexible, on-demand enterprise content management (ECM) solutions.
ClearStory's Radiant Content Suite provides discrete management and
on-demand access for the full spectrum of content - from graphics and
video to customer statements and email. The company's standards-based
technology provides a powerful platform for integrating rich media
and business documents into a multitude of business-critical
environments, including marketing and finance departments, call
centres, channel partner portals, compliance initiatives, and global
marketing extranets. For more information, visit
www.clearstorysystems.com.
About FAST
FAST creates the real-time search and filter technology solutions
that are behind the scenes at the world's best known companies with
the most demanding search problems. FAST's flexible and scalable
integrated technology platform elevates the search capabilities of
enterprise customers and connects people to the relevant information
they seek regardless of medium. This drives revenues and reduces
total cost of ownership by effectively leveraging IT infrastructure.
FAST's powerful enterprise search technology solutions are used by a
wide range of global customers and partners, including AT&T, Cardinal
Health, CareerBuilder.com, Chordiant, CIGNA, CNET, Dell, Fidelity
Investments, Findexa, FirstGov.gov (GSA), IBM, Knight Ridder,
LexisNexis, Nordstrom, Overture, Rakuten, Reed Elsevier, Reuters,
Sensis, Tenet Healthcare, Thomas Industrial Networks, T-Online, US
Army, Virgilio (Telecom Italia), Vodafone, and Wanadoo.
FAST is headquartered in Norway and is publicly traded under the
ticker symbol 'FAST' on the Oslo Stock Exchange. The FAST Group
operates globally with presence in Europe, the United States, and
Japan. Additionally, the FAST Group has business partners and
customers in a number of other locations, such as Brazil, Canada and
Australia. For further information about FAST, please visit
www.fastsearch.com.
(c) 2004 Fast Search & Transfer ASA - Fast Search & Transfer,
FAST, FAST ESP, FAST Data Search, FAST MarkeTrac, FAST AdVisor, FAST
InStream, FAST ImPulse and the FAST four-coloured logo are trademarks
of Fast Search & Transfer ASA. All rights reserved. FAST disclaims
any proprietary interest in the marks and names of others. All other
trademarks mentioned in this document are the property of their
respective owners.
http://hugin.info/134564/R/970641/142082.pdf

Contact:

Fast Search & Transfer, pr@fastsearch.com, Peter Gorman (U.S.), tel
+1-781-304-2495, Lin Hurlen Kvifte (Europe), tel +47-23-01-12-08

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