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Fast Search & Transfer ASA

CoreMedia Embeds FAST InStream Into its Content Management and Digital Rights Management Solutions

Oslo, Norway and Hamburg, Germany, November 17 (ots/PRNewswire)

- CoreMedia Expands Product Offering for ECMS and DRM With
Best-Ranked Search Technology
Fast Search & Transfer(TM) (FAST(TM)), the leading developer of
enterprise search and real-time alerting technologies, today jointly
announced an original equipment manufacturer (OEM) partnership with
CoreMedia, one of the leading providers of state-of-the-art software
for Content Management Systems (CMS), Multi-Channel Delivery, and
Digital Rights Management (DRM). With this agreement, FAST
InStream(TM), an OEM enterprise search solution specifically designed
by FAST for ISVs, will be integrated with CoreMedia's Smart Content
Technology and modular Digital Rights Management (DRM) solutions
based on the open standards of the Open Mobile Alliance (OMA). The
combination of these solutions will improve the usability and work
speed for large content repositories to accelerate clients'
competitive advantage.
"The integration of FAST InStream with CoreMedia's offerings
provides our customers and prospects an opportunity to deploy a
single solution that combines the highly scalable search
functionality of FAST's enterprise search solutions with CoreMedia's
powerful enterprise content management and digital rights management
capabilities," said Soren Stamer, CEO and Co-Founder of CoreMedia.
"The clean, flexible architecture and rich set of functionality
offered by FAST InStream, as well as its ability to scale, made our
decision to integrate FAST InStream with our solutions an easy one.
Through this partnership, we will be able to provide our customers
with a more powerful search capability that seamlessly complements
our solutions."
FAST InStream is designed to increase the value of enterprise
applications and boost ROI for the ISV's customers by extending the
power of the FAST Enterprise Search Platform (FAST ESP(TM))
technology within OEM environments. Supporting both structured and
unstructured data, FAST InStream provides unique value across all
types of software applications, including enterprise portals; Content
and Document management systems; Customer Relationship Management
(CRM) solutions; Enterprise Resource Planning (ERP) solutions;
Business Intelligence (BI) suites and applications; as well as
Storage and Archiving solutions. FAST's open and modular architecture
provides ISVs the utmost flexibility when selecting and deploying
search solutions - from specialized search and alerting applications
to complete multilingual enterprise search platforms supporting 77
languages.
CoreMedia Smart Content Technology is content management software
for the creation and operation of high-performance multi-channel
content services such as internet, intranet and extranet, knowledge
management, product data publishing, media asset management, and
digital rights management. CoreMedia covers the entire content value
creation chain including the creation, management, delivery, and
control of content. CoreMedia Digital Rights Management (DRM) enables
companies to protect, monetize, and control the rights to digital
content, setting the benchmark for interoperability, reliability,
flexibility, and user-friendliness.
"CoreMedia has long been an innovator of Content Management and
Digital Rights Management solutions," commented Ali Riaz, FAST's
chief operating officer. "This partnership will benefit CoreMedia's
customers and prospects by allowing them to take advantage of FAST's
powerful and scalable search capabilities with CoreMedia's
best-in-class solutions for managing and protecting digital assets.
We are pleased that CoreMedia has chosen to integrate FAST's
technology into their solutions, and look forward to a long and
successful partnership."
FAST continues to provide best-in-class search technology to
leading enterprise software vendors and integrators, such as
CoreMedia. FAST InStream stays true to the flexible framework of the
FAST ESP platform, and extends world class search capabilities to
ISVs around the globe. FAST's suite of enterprise search solutions
supply a complete information retrieval solution ideal for 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 CoreMedia - The Content Technology Experts
CoreMedia AG is a leading provider of state-of-the-art standard
software for content management systems (CMS), digital rights
management (DRM) and multi-channel delivery. Specializing on the
high-end market for demanding content technology, including mobile
service delivery, CoreMedia is an active member of the Open Mobile
Alliance (OMA) and a leading mobile DRM provider.
Founded in 1996 and headquartered in Hamburg, Germany, CoreMedia
employs over 120 employees and maintains a global network of partners
that includes 500 professional consultants. CoreMedia combines the
innovative power of a university spin-off with the sustainability of
a founder-operated business and the stability of Deutsche Telekom as
main shareholder.
Since its launch, CoreMedia has enjoyed outstanding market
success, selling over 1,000 licenses. In 2004, the company was named
by Deloitte as the fastest-growing software company in Germany (Fast
50) and won ATKearney's "Best Innovator" award for medium-sized
enterprises in Germany. Leading enterprises have implemented
CoreMedia Smart Content Technology for sophisticated service delivery
and integrated information management. Over 100 of the foremost
companies in 20 countries within the telecommunications, media,
industrial, financial and public service sectors have successfully
employed CoreMedia's technology, among them industry leaders such as
Bertelsmann, Continental, DaimlerChrysler, Deutsche Telekom, Debitel,
O2, EPCOS, NEC/Mitsubishi, Nokia, SEAT, T-Mobile, T-Online, Vodafone,
SEAT, RWE, Wincor Nixdorf, and the German government.
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-colored 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.

Contact:

CoreMedia, Tina Kulow, tel +49(0)40-432-77005, Mobile:
+49-171-8065496, tina.kulow@coremedia.com or FAST Search & Transfer,
Peter Gorman (U.S.), tel +1-781-304-2495, pr@fastsearch.com or Lin
Hurlen Kvifte (Europe), tel +47-23-01-12-08

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