ZyLAB wins European tender to supply OLAF with comprehensive multilingual text-mining and records management application

January 13, 2006 - Bagshot - ZyLAB, an innovative developer of Information Access Solutions, today announced that it has signed a deal with the European Anti-Fraud Office (OLAF) to be its exclusive provider of multilingual text-mining and records management technologies.

OLAF required a fully integrated record management application (RMA), as well as the ability to conduct sophisticated linguistic analysis of electronic documents ("text mining"). The ZyLAB installation meets these goals and more by enabling OLAF to perform advanced investigative techniques such as full-text searches; named entity recognition; manual, semi-automated and automated taxonomy creation: document clustering; information extraction; and visualization of document properties, clusters and extracted entities and facts.

Based on technologies developed by ZyLAB and Inxight Software, the comprehensive software solution ZyLAB will implement for OLAF fully supports a wide range of languages including Greek, Hungarian, Polish, Czech, Danish, Dutch, English, Finnish, French, German, Italian, Portuguese, Spanish, Swedish and Russian.

Overall, this unique solution contains the most advanced technology available for handling large-scale fraud and criminal investigations while not compromising European privacy and data protection acts.

About OLAF
The European Anti-Fraud Office (OLAF) was created by Commission Decision 1999/352/CE. OLAF is charged with protecting the financial and other interests of the Community against fraud and irregular conduct in respect to both the income and expenditure of the Communities, wherever this may have occurred.

The mission of the European Anti-Fraud Office (OLAF) is to protect the interests of the European Union, to fight fraud, corruption and any other irregular activity, including misconduct within the European Institutions. In pursuing this mission in an accountable, transparent and cost-effective manner, OLAF aims to provide a quality service to the citizens of Europe.

OLAF achieves its mission by conducting, in full independence, internal and external investigations. It also organizes close and regular co-operation between the competent authorities of the Member States in order to co-ordinate their activities. OLAF supplies Member States with the necessary support and technical know-how to help them in their anti-fraud activities. It contributes to the design of the anti-fraud strategy of the European Union and takes the necessary initiatives to strengthen the relevant legislation.

OLAF activities will be carried out with integrity, impartiality and professionalism, and will, at all times, respect the rights and freedoms of individuals and be fully consistent with the law.

About ZyLAB
Founded in 1983, ZyLAB is the leading provider of low-cost content management and compliance solutions for small-and-medium-sized business (SMB) and government organizations that need to digitally file and manage millions of pages of paper and electronic documents. ZyLAB's comprehensive investigative capabilities, with its high quality search and retrieval features supporting over 200 languages, gives users the ability to organize and easily share all information online. In particular, ZyLAB solutions are relied upon extensively by legal, law enforcement/intelligence, and financial/back-office professionals.

With more than 7,000 installations worldwide and over 300,000 users, ZyLAB has a wide breadth of experience and knowledge across a variety of different industries and business applications. Our clients include Gloucestershire County Council Environment Department, Metropolitan Police, Serious Fraud Office, University Hospital of Wales A&E Department, BBC, and Dell Computers. ZyLAB UK is located in Bagshot and is part of the worldwide ZyLAB network that serves its global customers from offices in Virginia (USA HQ), Germany, Spain, France, the Netherlands, Singapore and Australia. For more information visit www.zylab.co.uk