Business News
Omaha World-Herald Chooses Nstein to Create New Verticals, Enhance Reader Experience
2008-08-21 10:00:00
Nstein's text mining critical to leveraging hundreds of thousands of
assets
MONTREAL, Aug. 21 /EMWNews/ - Nstein Technologies Inc.
http://www.nstein.com (TSX-V: EIN), a leader in digital publishing solutions for
newspapers, magazines and online content providers, announced that Omaha
World-Herald Company (OWH), owner of daily and weekly newspapers in
Nebraska and Iowa, has selected Nstein's Text Mining Engine solution to
semantically organize its vast library of media assets.
OWH is the largest employee-owned newspaper in the United States and
has been publishing its flagship paper since 1885, and on the web since
1996. In an effort to create a more rewarding news product for its
audience, the company sought in 2008 to flatten the newsroom to serve all
channels in order to produce news 24/7. Central to this vision is the
ability to tag media assets with rich metadata that reflects the OWH brand
and the markets it serves.
With Nstein Technologies' text mining, OWH will be able to more
efficiently and consistently tag all user and editorially-generated
content, including articles, images, and videos. In addition to enhancing
front-end and editorial search, these tags will help OWH augment SEO on all
of its sites, automate workflows, enable personalization, and streamline
syndication efforts.
"When we first saw the product demoed, we were intrigued with how
quickly content could be tagged - and found," said Jeff Carney, Assistant
Managing Editor, Omaha World-Herald. "Management immediately recognized
that if we wanted to create a new vertical on, say, Outdoor Sports, we
would now be able to mine our assets and create new products almost on the
fly. Eventually we plan to tag advertising as well - to better associate
relevant content with ads."
"Omaha World-Herald is an extremely progressive and forward-thinking
company, and we are thrilled that after exhaustive analysis, OMH chose
Nstein to automatically generate rich metadata," said Luc Filiatreault,
President and CEO of Nstein Technologies. "Management understands that
having a comprehensive inventory of all its assets is the easiest way to
leverage and monetize the content that they have invested in."
Nstein is the online provider of choice for many of the world's leading
media companies, including: News International, Transcontinental Media,
Conde Nast, ImpreMedia and Gesca Digital Media.
About Nstein Technologies Inc.
Nstein Technologies (TSX-V: EIN) develops and markets multilingual
solutions that power digital publishing for the most prestigious
newspapers, magazines, and content-driven organizations. Nstein's solutions
generate new revenue opportunities and reduce operational costs by enabling
the centralization, management and automated indexing of digital assets.
Nstein partners with clients to design a complete digital strategy for
success using publishing industry best practices for the implementation of
its Web Content Management, Digital Asset Management, Text Mining Engine
and Picture Management Desk products. http://www.nstein.com
- The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
- The financial value of the contract, on an individual basis, is not
financially material to the affairs of Nstein Technologies Inc. The
specific financial terms of the contracts can not be disclosed since
knowledge of these transaction terms could represent a significant loss
of competitive advantage to the Company as competitors would gain
access to its pricing model. The Company believes that the disclosure
of agreements by means of a press release is necessary to demonstrate
the ability of the Company's technology to meet the requirements of its
potential clients in the publishing, media and entertainment
industries. Further, the completion of these types of agreements
demonstrates the ongoing ability of the Company to capture an
increasing share of this market and generate market acceptance for its
products. The software license revenues resulting from this contract
were included in the Company's second quarter results (quarter ended
June 30, 2008).
- Any statement that appears prospective shall not be interpreted as
such.
Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89
Get Unlimited Organic Website Traffic to your Website
TheNFG.com now offers Organic Lead Generation & Traffic Solutions