News

05.01.2008

George Roth, President and CEO of Recognos, Inc. a Silicon Valley based software developer, announced today the formation of a new venture - Recognos Financial LLC. Recognos Financial will provide specialized market data, custom software /application development services, and operational support for data tagging, formatting and cleansing. Recognos Financial is a collaborative venture between Recognos and Joe Carvalhido and Luis Baez, the original founders of Xcitek Inc., a well known and highly regarded award winning market data vendor whose assets were acquired by Interactive Data Corporation in 2007. Mr. Roth said, "bringing together data, technology, and services is a natural for the financial services industry particularly in light of the emerging semantic technologies that provide far greater meaning and insight into data of all types. Combining our technical skills with the data expertise of Joe Carvalhido and Luis Baez provides the basis for the next generation of data providers in terms of new data products, how they are distributed, and how they are used by clients. Our goal is to bring disparate data and data types together to deliver new meaning, context, and efficiencies to each member of an organization based on their specific responsibilities."

Joe Carvalhido, Managing Director stated, "having been in the data business for many years it is very exciting to be partnered with an innovative technology firm that is on the cutting edge of the new technologies that will revolutionize the data business. Having expertise in tools like XBRL and the new semantic technologies in-house, positions us well to be in the forefront of this revolution. The possibilities are endless and we look forward to introducing several of our new data products to the market in the coming months."

About Recognos

Recognos, Inc. est. 1999 is a diverse software and applications development firm established in August 1999, in San Rafael, California. Recognos is an ISO 9001:2000 certified company for the implemented Quality Management System. Recognos is not a traditional outsourcing firm; rather it predominately develops systems by leading end-to-end processes, from requirements gathering to final implementation. Recognos has developed: A) Complex systems for Investments: - Portfolio Engineering Tool - Trade Order Management System - Commission Reconciliation Processor - Employee Trade Compliance - CRM extensions B) Banking Systems: - Risk management applications (scoring, credit/debit cards management system, POS management system, credit management system, - CRM system (Customer Relationship Management System) - Complex informational infrastructure (messaging system, integration with the Intranet) - Interfaces with existing applications and core banking systems. The major clients of Recognos include: Fisher Investments, National Directory Information Services, Transylvania Bank, Cluj, Romania

01.01.2008
George Haber became the Chairman of the Board of Recognos Romania

Cluj-Napoca, January 1st, 2008

George Haber a well known visionary and successful Serial Entrepreneur became the Chairman of the Board of Recognos Romania. More information about George Haber can be seen at http://www.crestatech.com/George_bio.html

The main roles of George Haber at Recognos Romania will be to provide oversight and leadership to put the company at the forefront of the industry. Develop with management a strategic plan to advance the company's mission and objectives and to promote revenue, profitability and growth as an organization. Oversee company operations to insure production efficiency, quality, service, and cost-effective management of resources.

Recognos Romania (www.recognos.ro) is a software company established in August 2000 located in Cluj (www.cluj4all.com), the main city of Romania's Transylvania region. With over 50 employees, Recognos Romania together with it's sister US company Recognos Inc. (www.recognos.com) develops solutions and products for the world Financial, Investments and Banking industries and also established an incubator for new ideas and products in the WEB 2.0 and WEB 3.0 space.

Contact: Romeo Macaria, General Manager, Recognos Romania, + 40-264-591-136 or Romeo.Macaria@recognos.ro

11.01.2007
Recognos Group formed a partnership with SOPOLEC a Bucharest based Business Advisory Services company to create a WEB 2.0 platform to support knowledge sharing and creation of a market place for the next generation of construction and real estate development.

To prepare this portal for rapidly emerging WEB 3.0 capabilities, the site will incorporate automated semantic description and superior classification of technical and other information for Green Building, Clean Technology, Sustainable Development, and related topics that will be described through a set of ontologies.

The new Semantic Search Engines and networks will therefore easily access the comprehensive information and provide more relevant and useful search results.

10.09.2007
Recognos Group participates at the IT Gartner Expo in Orlando, Florida, USA.

09.05.2007
Recognos Romania participates at the Gartner Portals and Collaboration Tools Conference in London, England.

06.28.2007. Frankfurt, Germany - San Francisco, CA, USA
Recognos US and the iQuest Group have created a strategic development partnership in order to provide world class technology solutions for the Banking and Investment Industries in Europe and the United States.

The two companies together offer a talent pool of over 270 developers, business analysts, test engineers, and consultants with deep business knowledge and experience in the development of complex solutions including: corporate actions, mortgage brokerage, risk management, trading, order management, and incentives management.

"Having established itself successfully in Germany, the UK, and Switzerland, iQuest aims to expand in the US market through this strategic alliance" says Cornelius Brody, CEO of the iQuest Group. According to George Roth, CEO of Recognos, Recognos will simultaneously be able to enter the European market after years of success on the US market.

The joint development teams, situated in Romania, will provide a very experienced pool of talent to customers of both companies. In the long run the partnership also envisions integrating the products developed by both companies in order to provide comprehensive solutions for mid and large sized companies located on both sides of the Atlantic.

3.01.2007
New Recognos site goes live!

2.21-23.2007. Hilton, San Francisco
SpeechTEK West 2007 will explore how voice and speech technology solutions...

1.30.2007
The new Find New Leads site developed in cooperation with NDIS went live. - www.findnewleads.com

1.27.2007
Recognos participates to the Bridal Expo in Cluj with the customized wine labels site Vinograficas. - www.vinograficas.com

10.15.2006
Recognos Inc. successfully finished the Micronets Office setup in Cluj.

9.11.2005
Ken and Sherri Fisher, co-founders of Fisher Investments visit the Recognos Romania office in Cluj.

5.1.2004
NDIS is delivering solutions! During May, National Directory Information Services (NDIS) has delivered a Sales Force Automation tool that automatically enters new leads and voice notes into Salesforce.com (R) from a user's cell phone. This month NDIS also provided a hosted IVR, Call Capture, and extension routing service to record and direct incoming calls for a major real estate/mortgage broker ad campaign.

3.1.2004
United Insurance Technologies, LLC, which Recognos partnered with in 2003 to provide state-of-the-art health insurance quote services to the California market, has now entered the Colorado and Oregon markets and will be offering its individual and small group health quotes to insurance agents in May, 2004.

9.1.2003
Candles4Light of California is now selling its custom candles directly to consumers using Recognos' award winning Flash site located at http://www.candles4light.com. A parallel HTML site, for dial-up connection purchasers, is under development and will be available in June, 2004.

5.15.2003
National Directory Information Services, LLC in Formation
NDIS is a joint venture between Sierra Valley Capital, LLC and Recognos, Inc., both California companies.

2.9.2002
Visit of Peter Zadrozny, Chief technologist BEA Systems Inc. - www.recognos.com

1.9.2000
Recognos signs a strategic partnership with iQuest. - www.iquestsoftware.com

8.28.2000
Official Opening of Recognos Romania. - www.recognos.ro