Knorex Licenses Snap2Tell From Exploit Technologies

Singapore, 21st October 2011 -- Knorex Pte. Ltd. had on 12 March 2010 licensed from Exploit Technologies a portfolio of technologies that has gone into the creation of an enterprise-level service-oriented knowledge discovery platform that performs meaningful aggregation, mining and integration to bridge disparate silos of information. The portfolio of Semantic Technologies is developed by Dr. Kanagasabai Rajaraman’s team at the Institute for Infocomm Research (I²R) of the Singapore Agency for Science, Technology and Research (A*STAR).

Spun-off from I²R in January 2010, Knorex is anchored with a portfolio of technologies licensed from Exploit Technologies. Knorex Lumina™ has been developed based on the licensed technology done by Dr. Kanagasabai Rajaraman and Mr Ang Wee Tiong, research scientists from the institute. Dr. Justin Choo, a former member of the research team, is now the founder and Chief Executive Officer of Knorex.

Dr. Christopher Baker, the former Principal Investigator of the STG at I²R, now the Chief Scientific Officer of Knorex, and Associate Professor at the University of New Brunswick in Canada added, “The emergence of Knorex is a significant milestone in the proliferation of Semantic Technologies in Asia. It shows the maturity of expertise and takes the initial reduction to practice to a new level. Moreover it comes at a critical time as more and more enterprises are acknowledging the need for semantic solutions.”

Philip Lim, Chief Executive Officer of Exploit Technologies, said, “Knorex’s value proposition aptly leverages A*STAR technology to meet the challenges facing business enterprises today. Organisations that have begun to merge their business architecture with their technology architecture will find Knorex Lumina™ a welcoming prescription in making sense of the massive amounts of data residing across different sources. The initial interest from enterprise users in this semantic technology has reached a sufficient scale that it is appropriate to set up an independent company to fully commercialise the service. The formation of Knorex is another example of the commercially relevant research being undertaken at A*STAR.”

Prof Lye Kin Mun, Deputy Executive Director (Research) of I²R, said, “With vast amounts of business and personal information being exchanged daily, it comes as no surprise that our I²R researchers (Dr. Kanagasabai Rajaraman and Ang Wee Tiong) focused on technologies that fit the needs of those who participate in knowledge management. I would like to congratulate Dr. Justin Choo of Knorex for this spin-off and creating real world solutions and wish Knorex the best in their commercialisation efforts!”

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Media enquiries, please contact:

Justin Choo (Dr)
CEO
Knorex Pte Ltd
DID	: (65) 6273 3308
Mobile: (65) 8228 6345
Email: justin_choo@knorex.com

Woo Kwai Merng (Ms)
Vice President, Corporate Marketing and Communications
Exploit Technologies Pte Ltd (A member of A*STAR)
DID	: (65) 6478 8443
Mobile: (65) 9711 9001
Email	: weipeng@exploit-tech.com

Andrew Yap (Mr)
Acting Manager, Corporate Communications
Institute for Infocomm Research (I2R)
DID: (65) 6419 1143
Fax: (65) 6466 7716
Email: yapjt@scei.a-star.edu.sg

About Knorex
Based in Singapore, Knorex Pte. Ltd. is a privately-held software development company specialized in the development of knowledge discovery applications using Semantic Technologies. We offer companies and individuals a complete and flexible platform for easy acquisition, aggregation, heterogeneous integration and reasoning of proprietary and externally acquired data to enable smarter knowledge discovery and better intelligence. Highly modular and customizable, integrated access and intuitive, our software makes it easy and simple for even non-expert or non-technical users to engage in expert-intensive domains to efficiently and effectively make sense of their data and resources to gain competitive edge, deeper understanding of their operation/activities, or to uncover new opportunities for growth or better use of resources.

For more information, please visit www.knorex.com

About Exploit Technologies
Exploit Technologies is the strategic marketing and commercialisation arm of the Agency for Science, Technology and Research (A*STAR). Its mission is to support A*STAR in transforming the economy through commercialising R&D. Exploit Technologies enhances the research output of A*STAR scientists by translating their inventions into marketable products or processes.

Through licensing deals with industry partners and spin‐offs, Exploit Technologies is a key driver of technology transfer in Singapore. It actively engages industry leaders and players to commercialise A*STAR's technologies and capabilities, bridging the gap from Mind to Market. Exploit Technologies’ charter is to identify, protect and exploit promising intellectual property (IP) created by A*STAR’s research institutes.

For more information, please visit www.exploit-tech.com

About Institute for Infocomm Research (I²R)
The Institute for Infocomm Research (I²R - pronounced as i-squared-r) is a member of the Agency for Science, Technology and Research (A*STAR) family. Established in 2002, our mission is to be the globally preferred source of innovations in `Interactive Secured Information, Content and Services Anytime Anywhere’ through research by passionate people dedicated to Singapore’s economic success. I²R performs R&D in information, communications and media (ICM) technologies to develop holistic solutions across the ICM value chain. Our research capabilities are in information technology, wireless and optical communication networks, interactive and digital media; signal processing and computing. We seek to be the infocomm and media value creator that keeps Singapore ahead.

For more information, please visit www.i2r.a-star.edu.sg

Posted on 21 Oct 2011