Released on = July 31, 2006, 6:20 am

Press Release Author = Power Text Solutions

Industry = Internet & Online

Press Release Summary = Power Text Solutions Ltd. introduces NewsFeed Researcher, a
subscription-based service providing daily personalized digests of user\'s favorite
news sources. The service is based upon the original software technology capable to
surface relevant information from within the multiple news stories and present it in
a way that makes it easily manageable by the reader. The service allows individual
users to quickly familiarize themselves with information contained in large
collections of documents. It is also targeted to medium-sized and larger companies,
as it automates preparation of information digest reports.

Press Release Body = August 01, 2006 -- Power Text Solutions Ltd. introduces
NewsFeed Researcher, a subscription-based service providing daily personalized
digests of user\'s favorite news sources. The service is based upon the original
software technology capable to surface relevant information from within the multiple
news stories and present it in a way that makes it easily manageable by the reader.
The service allows individual users to quickly familiarize themselves with
information contained in large collections of documents. It is also targeted to
medium-sized and larger companies, as it automates preparation of information digest
reports.

How NewsFeed Researcher helps to cope with information overload?
Though news feeds provide valuable information aggregation, it is still easy to miss
pertinent data when looking through a whole news cluster consisting of hundreds or
thousands of relevant papers. With the NewsFeed Researcher multi-document
summarization technology, it is now possible to digest any news feed cluster
on-the-fly.

Why the new business information service is unique?
It is backed by the NewsFeed Researcher engine that outputs a new type of
information products. The generated digest is characterized with several specific
features.

A. It is a comprehensive, extended summary of all gathered information as a whole.
B. The generated digest itself contains the required information, limiting the need
to access original documents.
C. The summarization approach takes special care of outlining multiple key aspects
of a news topic, without sticking to the central news only.
D. The composed digests are well-structured, and hence are easily manageable. Each
consists of a brief outline (also serving as a contents), detailed thematic sections
focusing on particular subtopics, and references (with links to the most essential
source documents).
E. Though this is an automatic text compilation, readers hardly notice that, as the
compiled text is well-readable (composed of self-sufficient information items,
meaningfully ordered, with highlighted subheadings, with no redundancy).
F. Information summary can be built around any news category because the underlying
engine is domain-independent.
G. Custom text compilations are focused on a user-indicated aspect, such as
particular type of events (mergers, acquisitions, etc) and/or logical relationships
(like causes, effects, goals, comparisons, etc.).
H. The digest can represent news clusters of any size, up to thousands of papers.

How to get a preview of the new information product before becoming a subscriber?
To get taste of the new information product, the NewsFeed Researcher website
visitors are invited to evaluate the free demo tool behind this service. The live
demo is running on top of the Google Business News. A user selects a cluster of
papers related to any of the continuously updated news topics. The system returns
multi-document summary built on-the-fly.

How the NewsFeed Researcher service is functioning?
Unlike the demo users, subscribed customers do not have to access the system
directly - they just receive regular digests via e-mail. A customer provides a
free-style description of the information need (e.g., a particular industry or a
group of companies) which is then \"translated\" into an automatic request used to
pick up stories from the news feeds. The engine monitors news sources and fetches
papers relevant to the requested topic. As the newsworthy papers accumulate, the
system compiles a digest and pushes it out to the subscriber.

The system makes use of the wide-known news feeds, but also can be applied to
individual choice of websites preferred by a customer. As an example, an instance of
the system is now running on a selection of websites covering the news related to
aerospace & defense industry.

To sum up, the NewsFeed Researcher business service provides unparalleled
post-processing of news feeds, resulting in multi-document digests tailored to the
customer\'s information need. Its main goal is to aid in making large amounts of
information easily manageable. NewsFeed Researcher information retrieval and
compilation of digest reports can be tailored to virtually any topic and information
resource.
Additional information can be obtained by visiting the www.newsfeedresearcher.com
website.

About Power Text Solutions
Founded in 1998, Power Text Solutions Ltd. is a developer of custom software
applications and complex solutions, based on its proprietary text-mining and
multi-document summarization technology. The company has a strong scientific &
research background.

Web Site = http://www.newsfeedresearcher.com/

Contact Details = Sergei Soobbotin
info@powertextsolutions.com
Phone/Fax: +7 (495) 623 2358