Vivisimo Clustering Gains Market Momentum; Industry-Leading Customers, New Awards and Revenue Growth Lead to Profitability

PITTSBURGH--()--Nov. 13, 2003--Vivisimo, Inc., a leading provider of clustering and meta-search software, today announced that a growing number of search sites, enterprises and government institutions have deployed Vivisimo Clustering to organize their search results, leading to almost tripling of revenues, substantial business progress, and the first year of profitability for Vivisimo.

Vivisimo has been selected by leading web search, pharmaceutical, technology, and scholarly-publishing organizations to significantly improve end-user ability to find information. Some of Vivisimo's notable customers during the last year include Cisco Systems, NASA, InfoSpace, Stanford's HighWire Press, Journal of American Medical Association, British Medical Journal, New England Journal of Medicine, ARC Advisory Group, and Institute of Physics Publishing. License fees from these customers and a dramatic increase in revenue from the Vivisimo website, which optimizes paid listings with clustered web search results, led to the profitable operations achieved over the past twelve months.

“Top 100 Companies that Matter in Knowledge Management”

"Our vision is that users everywhere will see organized search results by clustering them rather than by merely listing them out. This vision has been partly realized, since millions of people are already benefiting at our customers' websites and our own. And we are doing this profitably in a down economy," said Raul Valdes-Perez, president and co-founder of Vivisimo.

Building on this momentum, Vivisimo's advisory board has recently been strengthened by the addition of Thomas Detre M.D., Distinguished Service Professor of the Health Sciences at the University of Pittsburgh and formerly President of the University of Pittsburgh Medical Center. Dr. Detre, who was instrumental in the growth and development of the university as one of the nation's foremost leaders in academic medicine and research, will aid Vivisimo in capitalizing on its success in scientific and biomedical markets and the development of pharmaceutical information retrieval solutions.

Vivisimo's innovative technology has been recognized by several leading industry organizations. In the past year, Vivisimo was selected again as the "Best MetaSearch Engine" by industry experts at Search Engine Watch and was named to the "Top 100 Companies that Matter in Knowledge Management" by KM World Magazine.

Vivisimo Clustering solutions dramatically increase the efficiency of knowledge workers who need to quickly handle large numbers of search results - from the web or document databases. With Vivisimo, users no longer have to scroll through endless pages of results to find what they are looking for. Vivisimo's Clustering organizes search results into folders on the fly, without requiring any pre-processing of source documents. This new way of handling search results which leads to a vastly superior end-user experience, is seeing rapid adoption and is changing the way people search.

About Vivisimo, Inc.

Vivisimo, Inc. provides intelligent software that helps enterprises organize information from anywhere, any time, in any language. Its breakthrough clustering and meta-search products retrieve textual information from one or multiple sources and automatically organize the combined results on-the-fly into meaningful folders. This dynamic approach allows for rapid integration and categorization of content and significantly improves end-user access to relevant information. Headquartered in Pittsburgh, partnerships in North America and abroad serve its global client base. The website www.vivisimo.com offers live product demonstrations and is also considered the best consumer meta-search engine on the web.

Contacts

Vivisimo, Inc.
Saman Haqqi, 412-422-2499
haqqi@vivisimo.com