KDnuggets : News : 2005 : n10 : item38 < PREVIOUS | NEXT >


Insightful awarded contract by US Air Force and NIH

16 May 2005. Insightful Corporation (NASDAQ: IFUL) today announced that the US Air Force and the National Institutes of Health (NIH) have awarded contracts to Insightful's InFact® Text Analysis Business Division to develop enhanced solutions for text analysis in bioinformatics. The two contracts are worth approximately $850,000.

The first contract awarded by the US Air Force will be administered by the Air Force Research Laboratories, where researchers are developing a system for rapid diagnosis and improved screening of personnel that have been exposed to toxic agents in the field. The project will focus on the development of class prediction and interpretation techniques that use a short list of biomarkers to determine if exposure has occurred, identify the toxic agent, and determine the exposure level.

The NIH contract was awarded as part of a project to develop technologies that help users access biological information stored in heterogeneous data resources by entering requests in explicit sentences or questions. The goal of the project is the development of better tools for accessing information from molecular databases through user-friendly interfaces and high-precision retrieval.

The two new awards are expected to further ongoing research and development at Insightful aimed at customizing InFact core technology to meet the needs of the life sciences industry.

For more information, visit www.insightful.com.

KDnuggets : News : 2005 : n10 : item38 < PREVIOUS | NEXT >

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