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FAST signs joint sales and marketing agreement with Sakhr Software Co.

  • United Arab Emirates: Wednesday, February 18 - 2004 at 16:48
  • PRESS RELEASE

Fast Search & Transfer (FAST), the leading developer of enterprise search and real-time alerting technologies, today announced that it has signed a joint sales and marketing agreement with Sakhr Software Company, the leading Arabic IT company specializing in developing Arabic technologies.

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Through this agreement, Sakhr will become a FAST reseller enabling FAST to increase its market presence in the Arab speaking world.

In addition, FAST will license and integrate Arabic advanced linguistic analysis tools from Sakhr into FAST ESP™, FAST's highly scalable enterprise search platform. With this integration, FAST further expands the capabilities of FAST ESP to intelligently and dynamically retrieve and analyze the complete collection of relevant Arabic information across an organization's enterprise and the Web, regardless of the format, structure, or location of the data.

"Sakhr Software is the world leader in Arabic Natural Language Processing (NLP) technologies. Our vision is to enable Arabic IT by providing our own world class solutions, and by embedding our core technologies within global IT solutions in order to adapt them to the Arabic language," stated Salah Malaeb, General Manager of Sakhr. "Our agreement with FAST reconfirms Sakhr's approach to widening its scope of international alliances, where our advanced Arabic technologies provide large international IT companies, such as FAST, with the unique opportunity to boost their position as global platform providers, bringing advanced data analysis capabilities to the Arabic language, which we believe will be of interest to our customers."

"FAST ESP is the first enterprise search platform to revolutionize the way organizations draw one complete, accurate and intelligent view of all of their information existing across their enterprise and from the Web," commented Ali I. Riaz, FAST's chief operating officer. "FAST has established a reputation as the enterprise search leader in providing linguistics and language support for 77 languages. Through this agreement with Sakhr Software, FAST is integrating some of the best Arabic linguistics technology available, and will take full advantage of Sakhr's solid business relationships to propel FAST's presence in the Arab world."

Running on low-cost, high performance servers, the precision-engineered FAST ESP enables organizations to efficiently gain a 360-degree view of relevant structured data stored in databases, as well as the unstructured data of documents, emails, presentations, Web pages, and more. Whether data exists in multiple databases and applications, on corporate intranets, or on the Web, FAST ESP provides unlimited access and scalability in data volume, number of users, and freshness of data. It also enables organizations to draw one complete, accurate, secure, and intelligent view of all the information they need to advance the fortunes of the enterprise.

FAST ESP is offered though the FAST Data Search™ suite of enterprise search solutions, which includes FAST Data Search for Site Search™; FAST Data Search for Compliance™; FAST Data Search for eCommerce™; FAST Data Search for Intranets™; and FAST Data Search 360™. The FAST Data Search product suite supplies 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.
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About Sakhr Software Co.
Sakhr Software Company was founded in Kuwait in 1982, and was relocated in Cairo in 1990. A leading Arabic software company, Sakhr develops software specifically tailored to the needs of the Arabic market and Arabic language users. It has developed cutting-edge technologies that have had a strong impact on the Arabic IT industry. The company has also pioneered a new generation of Arabic Natural Language Processing (NLP) technologies. Sakhr was also behind the successful introduction of the world's first Arabic to English, English to Arabic, online Machine Translation engine which is licensed to the Ajeeb.com.

Sakhr has established itself as the leading developer of Arabic solutions and products used by customers around the world including US Army, Northrop Grumman, Alis Technologies, LG Electronics, Saudi Ministry of Defense, Lebanese Annahar Newspaper, and UAE Central Bank.

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, FirstGov.gov (GSA), Freeserve, IBM, LexisNexis, Overture, Rakuten, Reed Elsevier, Reuters, Tenet Healthcare, T-Online, US Army, Virgilio (Telecom Italia), and Vodafone.
FAST operates globally with presence in the United States, Europe, and Japan. FAST is publicly traded under the ticker symbol 'FAST' on the Oslo Stock Exchange. Please visit www.fastsearch.com for more information.

© 2004 Fast Search & Transfer ASA - Fast Search & Transfer, FAST, FAST Data Search, FAST ESP 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.

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