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Fast Search & Transfer ASA

FAST Selected as KMWorld 2005 Trend-Setter in Knowledge Management

Oslo, Norway (ots/PRNewswire)

- Knowledge Management Authority Recognises FAST ESP for
Innovation and Superior ROI
Fast Search & Transfer(TM) (FAST(TM)), the leading developer of
enterprise search and real-time alerting technologies, today
announced that its Enterprise Search Platform (FAST ESP(TM)), was
selected by KMWorld magazine as a "2005 Trend-Setter." Officially
unveiled in the September 2005 issue, KMWorld's 2005 Trend-Setters
were chosen based on their ability to bring a unique value to an
organisation, its workers and various constituencies.
"After evaluating more than 200 vendors and 1,200 offerings, this
year's KMWorld Trend-Setter Products were selected based on their
usability, flexibility, adoption rate and total cost of ownership, as
well as the vendor's vision for the future of knowledge management,"
said Hugh McKellar, editor-in-chief, KMWorld. "We selected FAST ESP
for this year's list because it is an enterprise search platform that
gives organisations a single point of access to all of their
enterprise information. FAST also has the ability to create new
search derivative applications (SDAs) based on the needs of vertical
markets such as government and financial services, providing them
with nearly unlimited growth potential."
FAST has received numerous awards and widespread industry
recognition based on its corporate growth and superior enterprise
search platform offerings. With its unique enterprise search
platform, FAST ESP, the company provides customers and partners
worldwide with the most scalable, industrial strength search
solutions available for addressing a company's needs and allowing
them to migrate from smaller installations to enterprise-wide
deployments, as required, without changing the software platform.
"It is an honour to be named a KMWorld 2005 Trend-Setter as FAST
continues to be recognised by industry experts as the leader in
enterprise search technology," said Ali I. Riaz, FAST's chief
operating officer. "FAST's growing success is based on the company's
superior enterprise search solution and the company will continue to
grow stronger through innovation, reaching new vertical markets with
targeted SDAs."
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 KMWorld
The leading information provider serving the Knowledge Management
systems market, KMWorld (with a focus on Content, Document and
Knowledge Management) informs more than 51,000 subscribers about the
components and processes - and subsequent success stories - that
together offer solutions for improving business performance.
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
more than 2,000 global customers and partners, including America
Online (AOL), AT&T, Cardinal Health, CareerBuilder.com, Chordiant,
CIGNA, CNET, Dell, Factiva, Fidelity Investments, Findexa, IBM,
Knight Ridder, LexisNexis, Overture, Rakuten, Reed Elsevier, Reuters,
Sensis, Stellent, 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, Asia
Pacific, Australia, South America, and the Middle East. For further
information about FAST, please visit www.fastsearch.com.
(c) 2005 Fast Search & Transfer ASA - Fast Search & Transfer,
FAST, FAST ESP, FAST Data Search, FAST Marketrac, FAST AdVisor, FAST
InStream, FAST ImPulse, FAST mSearch, FAST ProPublish 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/1010470/157011.pdf

Contact:

Carine Zeier (Europe), +47-23-01-13-47, +47-48-01-13-47 (Mobile).
Brian Greehan, +1-781-274-6061 x214, fast@sparksource.com

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