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

ots Originaltext: Fast Search & Transfer ASA
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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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