Cambridge, Mass., September 2, 2003 - Endeca, the only provider of Guided Navigation and advanced search solutions, today announced that Jim Baum, president and COO, will present at the SG Cowen 31st Annual Fall Technology Conference. The conference provides a forum for exposure of emerging public and private companies to select industry experts, senior management and institutional investors. This year's conference will be held September 3-5, 2003 at the Boston Marriott Copley Place, Boston, MA.
Baum will discuss how the convergence of unstructured and structured data is posing a tremendous opportunity for enterprise information management, but is hindered by a larger information overload problem and the fundamental flaws of legacy search and retrieval tools that inhibit worker interaction with data. He will explain how Endeca's patent-pending advanced search technology featuring Guided Navigation overcomes the barriers of traditional search engines and relational databases by bridging structured and unstructured data to deliver usable information that facilitates better business practices and results.
Since joining Endeca in 2001, Baum has helped the company secure more than $28 million in additional venture funding, as well as experience growth in excess of $20 million in new bookings in just over a year and a half. Endeca enjoys an impressive list of over 40 leading online B2C and B2B commerce customers including 1-800-Flowers.com, Arrow Electronics, Barnes and Noble.com, Eddie Bauer, JC Whitney and PC Connection and a growing list of enterprise search customers including Cabot Corporation, Putnam Investments, Old Mutual, Weatherford, World Book and Wall Street Source. Baum also sits on the Board of Directors of Proficiency Software. Before Endeca, Baum served as EVP and GM of PTC’s Windchill business unit where he was responsible for all aspects of the business including, product strategy, product development, marketing, operations and services.
The SG Cowen 31st Annual Fall Technology Conference provides a forum for the managements of over 150 of the most dynamic public and private companies in Technology and Communications to share their in-depth views of their companies' current operations and future trends to senior business management, industry analysts and institutional investors. Highlights of the event include SG Cowen's Core Technology Survey results featuring the IT spending outlook for 2003-04. This provides a progress report on the pace of cyclical recovery, spending priorities, and the market share winners and losers across the technology landscape. The event will also examine the key investment controversies of the day and highlight top technology investment opportunities.
Endeca's advanced search solutions featuring Guided Navigation help businesses across a variety of sectors like retail, financial services, manufacturing, information publishing and business-to-business with applications that address the information overload problems associated with content, catalog and enterprise information access and retrieval. Endeca solutions are built on innovative technology that makes it possible for the first time to offer Guided Navigation and advanced search on structured and unstructured information with high performance, and low total cost of ownership, at any scale.
About Endeca
Endeca offers innovative advanced search and Guided Navigation information delivery solutions for companies who need to integrate, discover, and navigate enterprise data to solve the business problems associated with information overload. Endeca technology is already at work for leading retail, financial services and business-to-business companies like Barnes & Noble, Eddie Bauer, and Arrow Electronics. Endeca solutions empower users to explore and discover relevant relationships in data and find accurate and precise results with unprecedented speed. Patent-pending algorithms provide a scalable, Web-based infrastructure for data exploration, leading to highly relevant and meaningful search results every time. This technology can be applied across a wide-range of enterprise and customer applications including Customer Relationship Management (CRM) analytics, catalogs, directories, search and portal integration. Endeca is a privately held company headquartered in Cambridge, MA and is backed by leading venture capital firms including Ampersand Ventures, Bessemer Venture Partners and Venrock Associates. Endeca is an IBM Advanced Business Partner and is a preferred provider of IBM’s WebSphere Commerce Group. For more information, please visit www.endeca.com or email us at info@endeca.com.
About SG Cowen
SG Cowen is the U.S. broker-dealer subsidiary of the Société Générale Group providing securities and investment banking services to corporate clients and institutional investors.