With Intellectual Property Protected, Company to Launch New Products & Pursue “Robust Growth Strategy”
Albuquerque, NM (July 26, 2005) – Access Innovations Inc., specialists in creating and maintaining databases of digitized research, news and other content for a wide range of government and business clients, said today it has been awarded a patent from the U.S. Patent & Trademark Office for the underlying database design and maintenance technology that drives its Data Harmony line of software.
The new patent covers key elements of the software’s machine-aided indexing and content creation features. The Data Harmony software suite includes tools to design databases, index content, and build and update a thesaurus, critical for accurate searching and retrieval of targeted information.
“Protecting our intellectual property is an important step for us,” said Marjorie M.K. Hlava, Access Innovations chairman and president. “With that protection, we are able to accelerate our product development efforts and to pursue a robust growth strategy.”
Hlava added that the company expects to launch new products, including a portal taxonomy information management system, later this year.
“We will continue to pursue our partnering strategy of working with search systems to maximize the findability of objects,” Hlava said.
She also said that with its intellectual assets protected, the company would seek expansion on other alliances and joint ventures, as well as possible equity financing.