Scientigo(TM) and Global Directory Solutions Sign Definitive Agreement and Unveil Find1st(TM)
June 14 2006 - 8:15AM
Business Wire
Combined Technologies to Provide Global Framework for Enhanced
Directory Assistance and Local Location Based Services for Wireless
and Wireline Carriers and Service Providers Scientigo(TM), Inc.
(OTCBB:SCNG), an emerging leader in next generation enterprise
search and intelligent enterprise content management and the owner
of Find.com, today announced that it has signed a Definitive
Agreement to acquire an exclusive worldwide license to the next
generation directory assistance technology platform owned and
developed by Global Directory Solutions, LLC (GDS). Scientigo(TM)
and GDS, a company founded and led by the team of an original
computerized Directory Assistance system platform that has served
as the telecommunications industry standard for the past three
decades, have collaborated to combine their respective technologies
to create a powerful, fully integrated framework for enabling the
global delivery of Enhanced Directory Assistance (EDA) and Local
Location Based Services (LLBS). The companies have already
initiated discussions with several major carriers to begin
integration, installation, testing and deployment of its new EDA
platform, featuring tigo/search(TM), Scientigo(TM)'s proprietary
search engine technology and delivered over its FIND.com URL.
Scientigo(TM) will market the EDA platform as FIND1st(TM). A
four-phase development tasking plan has been defined by
Scientigo(TM) and GDS for the rollout of FIND1st(TM) and is
commencing immediately. The companies expect to introduce
FIND1st(TM) through marketing and/or distribution relationships
with both wireless and wireline carriers and service providers
through a revenue-sharing model. The planned design of FIND1st(TM)
will enable operators to conduct queries quickly and efficiently,
helping customers to locate relevant, local business information
from their phone, computer or mobile device, including service and
product locator, airline flight times, stock quotes and
information, and restaurant and hotel information; personalized
assistance, including local attractions, local events, driving
directions with downloadable maps, movie listings and horoscopes;
and general information, including public services locator, weather
conditions, sports scores, headline news and lottery results. Doyal
Bryant, CEO of Scientigo(TM), noted, "In addition to providing
comprehensive enhanced directory assistance info, our technology
platform is intended to enable the provision of additional
value-added services, such as click-to-call, pay-per-call,
click-to-chat and other communications services, which we believe
will greatly extend the range of value and revenue potential of our
on-line EDA service to be offered via FIND.com. Ultimately, we
expect that our technology will be used to bring both web-based and
third-party data sources to a common search screen used by
Directory Assistance operators worldwide. Our planned integration
project is to merge these into a single tigo(TM) search
environment." About Scientigo(TM) Scientigo(TM) (pronounced
"see-ENH-ti-go") is an emerging technology leader that invented,
patented, and is now licensing the next-generation of intelligent
document recognition, intelligent enterprise content management,
and intelligent search technologies for consumers and the
enterprise. Scientigo(TM)'s patented tigo(TM) technology creates
order from information chaos by using artificial intelligence,
machine learning, rules-based systems, and patented XML technology
to make it faster, easier, and less costly to capture, file,
organize, and retrieve any type of information. This boosts
employee productivity and corporate agility, reduces document
management and research costs, and delivers ROI practically
overnight. This intelligent search can also be used for Web
searches by visiting www.FIND.com. Operated by the Company's
subsidiary, Tigo Search, Inc., FIND.com's easy-to-remember Website
uses breakthrough Topification technology to help people stop
searching and start FINDing. World-leading third-party independent
software and solution providers are licensing Scientigo(TM)'s
technologies to dramatically improve the capabilities, benefits,
and market appeal of their offerings; and to accelerate their
time-to-market for the next-generation of intelligent information
acquisition and retrieval systems. Scientigo(TM) can be reached on
the Web at www.scientigo.com. This news release may contain
forward-looking statements. Forward-looking statements are
indicated by words such as "expects," "intends," "anticipates,"
"believes" and similar expressions. Our ability to achieve the
results anticipated in such forward-looking statements is subject
to risks and uncertainties, including, without limitation, the
potential interest of third parties in our intellectual property
portfolio, any potential growth of our company, our ability to
successfully maximize the value of our intellectual property
assets, in addition to general economic conditions, operating
results, market acceptance of our solutions and other risks
detailed from time to time in our reports filed with the Securities
and Exchange Commission. These forward-looking statements are made
in accordance with "safe harbor" provided by the Private Securities
Litigation Reform Act of 1995 and no assurance can be given that
the future results that are the subject of such forward-looking
statements will be achieved. The Company undertakes no obligation
to publicly update or revise the forward-looking statements,
whether as a result of new information, future events, or
otherwise.
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