KM World Names the Nervana Knowledge Discovery Solution as Trend-Setting Product for 2006

Nervana Recognized as a Market Leader and Innovator in the Knowledge Management Industry for its Unique, Patent-Pending Technology

BELLEVUE, WA – August 28, 2006 – Nervana, a leading knowledge discovery company, today announced its Knowledge Discovery Solution will be featured as one of the 2006 trend-setting products in the September issue of KM World. A panel of editors, analysts, consultants, and users evaluated nearly 1,500 products to identify a select group of vendors as market leaders and innovators in the knowledge management industry. Praised for its usability, flexibility, creativity and vision, Nervana sets a new standard for intelligent information discovery by enabling knowledge workers to perform conceptual searches with natural language queries that return timely, pertinent results.

"Assembling the list of Trend-Setting Products of 2006 is a year-long collaborative effort with editorial colleagues and analysts and, especially, users," says Hugh McKellar, KMWorld editor in chief. Roughly 1,500 products from some 300 vendors were considered, and the ones listed here demonstrate exquisite execution designed for, and with input from, the most important constituency of them all--their customers."

The Nervana Discovery Solution is designed to reduce the overall time and cost associated with finding relevant information spread across vast, disparate data repositories, intranets and the Internet. It is also the first and only knowledge discovery solution to combine true intent-based semantic search and ranking with intelligent document matching (“drag-and-drop”) technology, thereby eliminating the need for complex query building. More than a simple key word search engine, the solution is able to interpret what the knowledge worker needs to find – even if he/she doesn’t know how to ask the correct question. It also enables a new breed of intelligent and highly automated business applications, including much better systems for compliance and governance, intelligent resume matching for e-Recruiting, smart self-authoring portals, automated social networking and collaboration, and automated legal discovery.

“Information is the lifeblood of business, companies of all sizes must harness the value in existing data for efficiency in critical business processes such as compliance, due diligence, and research,” commented Nosa Omoigui, founder and CEO of Nervana. “Our solution enables organizations to efficiently access and discover information and insight resulting from expected and unexpected connections, providing actionable business value to existing information. In light of this, it is truly an honor to be recognized as a trend-setter in the complex field of knowledge management from such a prestigious publication."

The KMWorld honor is the latest award Nervana has attained in 2006 – just one year after the technology was released to market. In April, Discovery won “Best in Show” at Bio-IT World and, most recently, Omoigui was named to the PharmaVOICE 100 list in recognition of his development of innovative technology contributions to the life sciences and pharmaceutical industries. While initially focused on the life sciences industry, Nervana plans to build upon its successes and begin expansion into new markets in late 2006 and 2007.

About KMWorld
The leading information provider serving the knowledge management systems market, KMWorld covers the latest in Content, Document and Knowledge Management and informs more than 51,000 subscribers about the components and processes - and subsequent success stories - that together offer solutions for improving business performance.

About Nervana Inc.
Nervana Inc. is a leading knowledge discovery technology company. Nervana is the only provider that offers its customers a full-range portfolio of knowledge discovery solutions, from intellectual property (patent) to industry specific ontology products for industries with dense multiple data sources and complex structures. The robust functionality, true semantic search, and cross indexing of ontologies can condense knowledge discovery to mere seconds, a task that would take years or decades with other available search tools.

Nervana is a privately held company.