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Oct. 2, 2007

University, SC Launch!, Collexis announce project to create global virtual library for hydrogen fuel research

The University of South Carolina has signed an agreement with Collexis Inc. and SC Launch! that will create a partnership for hydrogen fuel research and make the university an international technology hub in that field. 
 
Using several different sources of research, Collexis will build a hydrogen fuel dashboard - similar to a virtual library - that will be available for free to the South Carolina research community and available online, for a fee, to researchers across the world.
 
The new partnership builds on successful research collaborations between Collexis and South Carolina in the health sciences, the university library and the department of computer sciences and engineering. 
 
Dr. Harris Pastides, university vice president for research and health sciences, said the agreement will give university researchers a competitive edge and raise the university's visibility internationally among alternative fuel researchers.
 
"We are very excited about this new collaboration because it will provide our research community with the most advanced information and discovery tools for hydrogen fuels and give them a unique edge," Pastides said. "Moreover, it will enhance the University of South Carolina's international leadership position and brand in alternative fuel research. These partnerships that combine our faculty expertise with corporate partners like Collexis bring tremendous opportunities to the university and to Columbia."
 
The agreement calls for SC Launch! to fund the endeavor with $200,000. SC Launch! was created by the S.C. Research Authority to help commercialize research ventures, including those from the state's three major research universities.
 
Faculty from the university's College of Engineering and Computing, as well as the School of Library and Information Science, will be involved in the project.

About Collexis

Collexis Holdings Inc., a global knowledge discovery company since 1999, is headquartered in Columbia, S.C., with two subsidiaries: Collexis Inc. in Columbia, S.C., USA and Collexis, B.V. in Geldermalsen, The Netherlands.

Collexis patented technology builds conceptual profiles of text, called Fingerprints, from documents, Web sites, e-mails and other digitized content and matches them with a comprehensive list of pre-defined "fingerprinted" concepts to make research results more relevant and efficient. This matching of concepts eliminates the ambiguity and lack of priority associated with word searches.

The results are often described as "finding needles in many haystacks."

Through this novel approach, Collexis can build unique applications to search, index and aggregate information as well as prioritize, trend and predict data based on sources in multiple industries without the limitations of language or dialect.

Besides the University of South Carolina, representative clients include the National Institutes of Health, Johns Hopkins, Erasmus University Rotterdam, the Wellcome Trust, and Harvard, to name a few.

Collexis shares of common stock are traded under the symbol CLXS on the OTC Bulletin Board (OTC BB).

Related Links

Innovista research: Technoloy + Software

Innovista research: Collaboration

Collexis

SC Launch!

College of Engineering and Computing

School of Library and Information Science


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