Current News Releases
Oct. 3, 2007
University announces Collexis, developer of high-tech search software, as new tenant
University of South Carolina President Andrew Sorensen announced Oct. 3 that Collexis Holdings Inc., a leading developer of high definition search and discovery applications, will become the next tenant for Innovista.
"I am delighted that Collexis will become part of Innovista," Sorensen said. "As we work to strengthen our economy, we must have the ability to attract companies that will provide high-paying jobs and have a vested interest in the Midlands. Collexis aligns very nicely with our research in alternative energy and fuel cells, the health sciences and computing. It is exactly the type of company that we want to have here, and we are proud to be associated with (CEO) Bill Kirkland and his team."
Collexis will locate on the third floor of the Horizon II Building, which is on the block bound by Assembly, Blossom, South Main and Wheat streets. Horizon II is expected to be completed and ready for occupancy in November 2008.
Kirkland said he was eager to become a part of Innovista and looks forward to expanding Collexis' partnership with the University of South Carolina.
"We have enjoyed a very productive partnership with the university through our joint projects with the Office of Research and Health Sciences and the School of Library & Information Science," said Kirkland, a University alumnus.
"We are very pleased to grow our partnership as we join the University of South Carolina's Innovista project as one of the inaugural tenants. As Collexis is one of the world's leading High Definition Search and knowledge discovery technology companies, it is fitting that we join this very exciting and groundbreaking Innovista project. We truly feel that new and exciting synergies will be born from this partnership."
John Parks, executive director of Innovista, said Collexis presents opportunities for collaboration with other companies.
"Collexis is the second tenant slated for Innovista and is representative of the fast-growing technology companies we are seeking to attract," Parks said. "Its location in Horizon presents many opportunities for collaboration with other companies that we are in the process of recruiting."
The announcement is the second involving the University and Collexis, which has 33 employees globally. On Oct. 2, the University announced an agreement with Collexis and SC Launch! that will create a partnership for hydrogen-fuel research and make the university an international technology hub in that field.
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 dashboard will be the basis for an additional seven other alternative energy topics, which will be used to create a co-branded USC / Collexis alternative energy suite.
University of South Carolina President Andrew Sorensen announces Collexis as the latest Innovista tenant.
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
