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We have been developing a knowledge activation tool for a long time. We have developed several applications for it that competed directly with people, but that caused fierce opposition or the fear of the workforce losing sophisticated skills, so we have needed to find an application of high value wh...

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We have been developing a knowledge activation tool for a long time. We have developed several applications for it that competed directly with people, but that caused fierce opposition or the fear of the workforce losing sophisticated skills, so we have needed to find an application of high value which people do poorly. One such application is the creation and use of high value documents, such as specifications for multi-billion dollar projects or policies covering multi-million dollar risks.

We have now developed an application to read dense technical text and extract an accurate and complete semantic structure. This can be used to improve specifications or help in developing legislation or comparing insurance policies.

We wish to demonstrate the technology to large, cumbersome organisations like DOD or DHS, or government in general.

We are introducing a powerful new idea, and need to handle both opposition and inertia - it is not a walk in the park, but offers substantial reward for success.

Core Team Members

Jim Brander - background in engineering - mechanical, electical, systems - has worked on knowledge activation for 20 years

Sam Manoff - software development - has worked on Orion technology for 20 years as it has grown from advanced modelling tool to automated reading

Ronen Amit - business development

Company Vision & Future

The company is introducing accurate and complete semantic structure to the marketplace. It marks a transition from algorithms and data processing to an active and self-extensible structure. It is an enabling technology, with applications everywhere. Initially it will be limited to high value areas such as government, but then moving out to areas such as semantic search, with wide social impact.

Current Valuation

$20 million

Exit Opportunity

The company will eventually either own or license a clutch of subsidiary companies in different areas whose valuations will keep rising rapidly for a long time. An IPO is the obvious exit for investors once the value begins to stabilise.
Bill Gates has been quoted as saying - "A company that can make computers learn will be worth 10 Microsofts" - the potential is very large.

Ideal Investor

Understands the opposition any new idea faces, has a desire to make a difference to society, and is willing to tough it out

Press Links

• http://www.consensus.com.au/SoftwareAwards/CSAarchive/CSA2004/Orion.htm
• http://www.inteng.com.au/ORION%20Wins%20Australian%20Consensus%20Software%20Award.html

Interactive Engineering Pty Ltd Activity