COLUMBIA, SC – July 7, 2008 – A major new agreement was announced today between Collexis Holdings Inc. (OTCBB: CLXS), a leading developer of semantic knowledge discovery software and expert profiles, and JISC Collections for an online resource, which aims to encourage greater collaboration and expand scientific knowledge amongst the biomedical research community in the U.K. For specially negotiated subscription fees, researchers, teaching staff and students at universities and research councils in the U.K., will be able to access Collexis’ Expert Profiling. This online resource enables users to quickly identify experts within their institution as well as identify, locate and collaborate with other experts from around the world.
Using the Collexis system, subscribing institutions can create expert profiles of investigators, researchers and departments to disseminate ground-breaking research and biomedical advances. These profiles are generated using researchers’ publications from a variety of sources. Profiles are then available to all researchers, allowing them to easily find what is being published, what researchers are active and the pace of research in a particular area of interest.
“Collexis’ Expert Profiling System fosters collaboration among researchers, allowing them to leverage the information of their colleagues and work to enhance, stimulate and create new ideas and discoveries,” said Bill Kirkland, CEO of Collexis Holdings, Inc. “We are excited about working with JISC Collections to create internal expert profiling systems that bridge the gap between departments, cooperating organisations, basic research and clinical research.”
Lorraine Estelle, CEO of JISC Collections, says that this agreement will “save researchers time identifying expertise within their institutions, but provides opportunities for research and help widen access to essential sources of biomedical research. We also hope that it will encourage greater collaboration across our community through increased awareness and through the sharing of research outputs amongst institutions.”
In addition to the new agreement with JISC Collections, Collexis Holdings Inc. is bringing its innovative technology to other research organisations and universities worldwide, including the Mayo Clinic Libraries; Johns Hopkins University; Dana-Farber Cancer Institute, the University of California, San Francisco; the University of South Carolina; Bristol-Myers Squibb; Lockheed Martin; World Health Organization, National Institutes of Health; and U.S. Department of Defense.
Collexis’ Expert Profiling is available to all staff and students within a subscribing university or research council institution in the UK. Institutions wanting access to the service will be required to pay an annual subscription fee. For further information, please go to: http://www.jisc-collections.ac.uk/catalogue/collexis_expert.
About Collexis Holdings, Inc.
Collexis Holdings, Inc., a leading developer of high definition search and knowledge discovery software is headquartered in Columbia, South Carolina (USA) with major operations in Cincinnati, Ohio, Geldermalsen, the Netherlands and Cologne, Germany. Collexis now offers the world’s first pre-populated scientific social network for life science researchers, www.biomedexperts.com. Collexis’ proprietary technology builds conceptual profiles of text, called Fingerprints, from documents, Websites, emails 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. Collexis’ current clients in the public, private and academic sectors include the Mayo Clinic; Johns Hopkins University; Dana-Farber Cancer Institute, the University of California, San Francisco; the University of South Carolina; Erasmus University Library; Bristol-Myers Squibb; Lockheed Martin; the World Health Organization; Wellcome Trust; the National Institutes of Health; and the U.S. Department of Defense. Shares of Collexis common stock are traded under the symbol CLXS on the OTC Bulletin Board (OTC BB). For more information, visit www.collexis.com.
About JISC CollectionsJISC Collections was established as a mutual trading company by the UK further and higher education funding councils in 2006 to negotiate with publishers of online information and other owners of digital content. The range of resources licensed for use by such agreements constitutes a large national collection of online resources for education and research. JISC Collections is funded by JISC. For further information, please go to http://www.jisc-collections.ac.uk
Some of the statements made in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s current expectations and include known and unknown risks, uncertainties and other factors, many of which the company is unable to predict or control, that may cause the company’s actual results or performance to differ materially from any future results or performance expressed or implied by such forward-looking statements. These statements involve risks and uncertainties. These risks and uncertainties are in addition to other factors detailed from time to time in the company’s filings with the SEC, including the section entitled “Risk Factors” in its transition report on Form 10-KSB for the period ended June 30, 2007, as amended. The company cautions investors that any forward-looking statements made by the company are not necessarily indicative of future performance. The company is not responsible for updating the information contained in this press release beyond the published date, or for changes made to this document by wire services or Internet services.
Darrell W. Gunter
Collexis Holdings, Inc.
Dr Philip Pothen
Joint Information Systems Committee
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