Fast Search & Transfer ASA

/C O R R E C T I O N -- Fast Search & Transfer ASA/

    Oslo, Norway and Raleigh, North Carolina (ots/PRNewswire) - In the news release, "Peopleclick Selects FAST Data Search to Help Clients" issued on 15 Dec 2004 09:15, by Fast Search & Transfer ASA OSE:FAST over PR  Newswire, we are advised by a representative of the company that the  headline should read "Peopleclick Selects FAST Data Search to Help Clients  Identify the Best Qualified Candidates" rather than "Peopleclick Selects  FAST Data Search to Help Clients" as incorrectly transmitted by PR Newswire.  Complete, corrected release follows:

    - Enterprise Search Solution Provides Peopleclick Clients Conceptual  Search and Scalability as Demand for Qualified Candidates Increases

    Peopleclick, Inc., the leading total workforce acquisition provider for  global enterprises, today announced it will deploy Fast Search & Transfer's  FAST Data Search(TM) to power the search capabilities of its Recruitment  Management System (RMS). Fast Search & Transfer(TM) (FAST(TM)) (OSE: FAST) is  the leading developer of enterprise search and real-time alerting  technologies.

    The categorization and drill-down features of FAST Data Search will enable users of Peopleclick's RMS to utilize conceptual search to expand and refine their search results for candidates by allowing them to request "more candidates like this" and "best fit candidates."

    In addition, FAST Data Search will allow Peopleclick recruiting clients to:

    - Simultaneously search unstructured data, such as resumes, candidate and interviewer notes and attachments, and structured data, such as education data and questionnaire answers;

    - Search multiple candidate languages with multi-language criteria;

    - Perform geographic proximity searches of metropolitan regions; and

    - Retain ad hoc search criteria until the next query

    "Our clients are adding nearly one million candidates per month through Peopleclick RMS, and they depend on us to provide a candidate and resume search tool that quickly delivers the most relevant results," says Kathleen V. Barton, senior vice president of marketing and product development, Peopleclick. "We chose FAST Data Search because it's the best out there with its powerful platform architecture, its support of 77 different languages, including full double-byte support, and its ability to scale as we continue to expand our business."

    Peopleclick's RMS is a hosted, web-based solution that manages full-time employee staffing in an efficient, cost-effective, and process-driven way. From candidate identification and pre-screening to qualification and selection, Peopleclick RMS is tied to powerful reporting and analytics tools. RMS allows for complete control over full-time employee headcount while ensuring high-caliber talent acquisition and improved workforce acquisition decisions.

    Based upon FAST's powerful Enterprise Search Platform technology (FAST ESP(TM)), FAST Data Search enables the aggregation of information from any structured and unstructured data source, including not only Peopleclick's own proprietary content, but also advertiser, third-party and web content. It provides organizations with a flexible and powerful relevancy framework that allows them to meet their business objectives by controlling the user experience through InPerspective(TM), FAST's rank tuning module, while consistently providing the user with superior search results. FAST Data Search also includes advanced navigation and drill down capabilities, allowing users to do multi-level sorting of their search results by a variety of parameters.

    "FAST is continuing to see increasing demand for innovative enterprise search platform solutions that can scale data in multiple formats and languages in real-time to make business more efficient," said John M. Lervik, FAST's chief executive officer. "Peopleclick clients will benefit from increased speed and relevancy in their candidate and resume search results for a rapid time-to-hire of the most qualified candidates. Peopleclick's selection of FAST Data Search further expands our presence in the online recruitment market."

    The selection of FAST Data Search demonstrates Peopleclick's continued commitment to globalization, product development and customer support. The new search capabilities will be available when Peopleclick launches RMS 4.3.4 in the first quarter of 2005.

    About Peopleclick

    Raleigh, N.C.-based Peopleclick, a privately held company founded in 1997, is one of the world's leading enterprise-wide Total Workforce Acquisition providers. Peopleclick provides a holistic solution that includes products, services and expertise encompassing recruitment and vendor management, candidate relationship management, diversity planning and EEO/Affirmative Action compliance. With 300 employees, Peopleclick currently serves more than 2,500 customers in 88 countries, including 54 of the Fortune 100. For more information on Peopleclick's products and services, visit www.peopleclick.com or call 1-877-820-4400.

    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.

ots Originaltext: Fast Search & Transfer ASA
Im Internet recherchierbar: http://www.newsaktuell.ch

Contact:
Fast Search & Transfer, Peter Gorman (U.S.), tel +1-781-304-2495,
pr@fastsearch.com or Carine Zeier (Europe), tel +47-23-01-13-47 or
Peopleclick, Kathy Barton, Peopleclick, tel +1-919-645-2862,
katy.barton@peopleclick.com or Meggan Finisecy Manson, Young &
Associates 3, tel +1-301-309-9404, megganf@yapr.com



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