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Relegence Announces Availability of FirstTrack Intelligence Automation Solution

New release includes functionality ideally suited to financial services marketplace

NEW YORK - January 6, 2003
- Relegence Corporation, the industry’s leading vendor of intelligence gathering and analysis solutions, today announced the general availability of FirstTrack™. FirstTrack is a revolutionary, artificial intelligence-driven service that monitors and analyzes more than 20,000 sources of news, video and Web content, all in real time

Following extensive beta testing by eight of the world’s top ten global investment banks, several leading buy-side institutions and two premier financial services industry news agencies, Relegence Corporation has released its FirstTrack solution, a subscription-based service for the real-time monitoring and analysis of an unprecedented 20,000-plus sources of news, video and Web content. Feedback from beta clients indicates that FirstTrack provides otherwise unavailable power to prioritize and act on data that drives critical business decision-making.

FirstTrack delivers relevant alerts and news items based on user-defined watch-lists of ticker symbols, names, phrases or other criteria. FirstTrack monitors a variety of news and information services, including Dow Jones, AFX, Knight Ridder, UPI, CNBC, Bloomberg TV and other sources where corporate regulatory filings are posted

FirstTrack employs a revolutionary artificial intelligence component called FirstTrack Heat™, which analyzes and filters data on a relevancy-based system, defined by users. FirstTrack Heat enables users to cull through vast amounts of data and focus only on those items that are immediately relevant to their critical business decision-making. Further, FirstTrack Heat “reads” news and information items and produces immediate bullet-point summaries, enabling users to capture the essential points of news items, without reading or viewing multiple items in their entirety.

“With the release of FirstTrack, Relegence brings a completely unique and revolutionary solution to institutions and companies that rely on real-time information to drive their decision making,” said Steve Fadem, president and CEO, Relegence Corporation. “No other solution exists in the marketplace that offers the breadth of coverage and power to manage vast amounts of information that businesses must acquire and quickly understand, in order to remain competitive.”

FirstTrack is an extremely resource-light application, residing on users’ desktops in a taskbar-sized interface, allowing users to keep FirstTrack open and running throughout the day, while using a host of other business applications. One mouse click offers immediate access to all incoming news items on users’ watch-lists.

Relegence First Track™ - The heart of your intelligence architecture
FirstTrack, Relegence’s service-based solution, enables clients to cut through the clutter of vast quantities of news and information that flood their desks, computers, PDAs, mobile phones, faxes, and a host of other devices. FirstTrack, through one easy-to-use application, delivers access to more than 20,000 sources of information, including news wires, Web sites, business television channels, regulatory data, and internal research and analysis resources.

About Relegence Corporation
Headquartered in New York, Relegence Corporation is the leading intelligence automation company, putting real-time news and information into the hands of end-users as soon as it is published. Relegence’s intelligence gathering and analysis solutions and technologies are already in use at many of the world’s premier financial services institutions and Global 2000 companies.