Intelligenx Selected to Participate in Virginia's VALET Program

Program provides resources to support international business

HERNDON, VA, July 21, 2006 . Intelligenx today announced its acceptance into the Virginia Leaders in Export Trade (VALET) Program. The program, launched in January 2002 by the Virginia Economic Development Partnership (VEDP), assists exporters in the Commonwealth who have firmly established domestic operations and who are committed to international exporting as an expansion strategy. The first of its kind in the United States, VALET provides capital, expert guidance and concrete solutions for businesses committed to expanding into international markets.

"Intelligenx has enjoyed tremendous success in the international market place including countries in Europe, South America and Africa," noted Iqbal Talib, CEO of Intelligenx. "Participation in the VALET Program will certainly enable us to further explore additional, exciting opportunities around the world. This program provides valuable services, capital, and the opportunity to leverage VEDP-developed relationships around the world, helping us to support our current international customers and attract new international business. Few government sponsored programs can offer such an immediate opportunity for a win-win between the public and private sector."

"The VALET Program accelerates the development of international business by connecting companies with the practical tools needed for successful export sales," said Kimberly Weir, VALET Program Manager. "VEDP looks forward to supporting Intelligenx as the company implements its international business strategy."

Founded in 1996, the mission of Intelligenx, Inc. is to change the way the world looks for and finds information through interactive media. Today, Intelligenx is a leading provider of high-performance indexing, search, discovery, and retrieval software (the Intelligenx Discovery Engine.) and related professional services that enable commercial and government organizations to maximize the social, economic, and intelligence value of their large information assets. By providing a front-end search-and-browse solution that can "bolt-on" to existing databases or disparate content repositories . Intelligenx provides a multifaceted search experience for end-users that is at once interactive, lightning fast, and human-friendly. To date, Intelligenx has deployed numerous applications for government and commercial enterprises in the USA and overseas, e.g., grant archives for the U.S. NIH; justice information at Brazil.s federal government portal; Internet Yellow Pages for Telkom Directory Services in South Africa, iLocal and DeTelefoongids in the Netherlands; Axesa in Puerto Rico; and the award winning DexOnline in the U.S. Commercially, Intelligenx is particularly focused in the area of local search, where the objective is to enable yellow page directory publishers exploit the full value of print and digital assets and to help these companies provide a world-class experience for consumers online, while increasing the ROI to advertisers through better, faster search. Intelligenx is actively engaged in research and development activities in the areas of information search, discovery, and retrieval technologies that will boost user-centricity via intelligent, meaningful, and enriching dialogue.

The VALET program was recognized as a national model in November 2004 by the National Council for Public-Private Partnerships (NCPPP) for VALET's innovation in bringing the public and private sectors together to achieve a benefit for the public. The VALET program was the only winner of the 2004 NCPPP Public-Private Partnership Award in the Innovation category.

The Virginia Economic Development Partnership, a marketing organization, was created by the Virginia General Assembly in 1995 to encourage, stimulate, and support the development and expansion of the economy of the Commonwealth. The Partnership is a state authority, which is governed by a 15-member Board of Directors appointed by the Governor. To accomplish its objectives of promoting economic expansion within the Commonwealth, the Partnership focuses its efforts on business recruitment, expansion and international trade. VEDP has offices in Virginia, Germany, Hong Kong, Mexico, Brazil and Japan.

To learn more about the VALET program, contact Kim Weir, VALET Program Manager, at (804) 545 -5753 or KimWeir@YesVirginia.org, or visit www.ExportVirginia.org

   
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