EXHIBIT 99.7
RNS Number:0621V
Bright Station PLC
1 December 2000
IVENTURI SIGNS AGREEMENT WITH BRIGHT STATION'S SMARTLOGIK KNOWLEDGE MANAGEMENT
SUBSIDIARY
London, 1 December 2000, Smartlogik (www.smartlogik.com), the Internet
infrastructure solutions subsidiary of Bright Station plc (LSE: BSN, NASDAQ:
BSTN) (www.brightstation.com), today announced that it has signed a licensing
contract with iVenturi - a significant company (See About iVenturi below)
providing products and business solutions to the New Product Development (NPD)
marketplace.
Smartlogik will provide its software solutions, including MuscatStructure and
MuscatDiscovery, which will form part of iVenturi's fully integrated, web-based
worksystem of tools and business services that accelerate new product
development.
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"By partnering with Smartlogik, iVenturi can deliver an NPD solution
incorporating cutting edge Knowledge Management technology", said Brett
Shellhammer, COO of iVenturi. "We believe that Smartlogik provides added value
to our customer proposition and based on the collective experience of the
iVenturi shareholders I have little doubt that we will set new standards for the
development of new products and services industry-wide."
Smartlogik software enables organisations to manage information over intranets
and the Internet in order to fully leverage their intellectual capital.
Smartlogik brings technology, application and experience to corporate knowledge
systems, leaving businesses to focus on creativity.
"This contract represents a significant win in the US for Smartlogik both in
terms of dollar value and the prestige of the clients shareholder base", said
Stephen Hill, CEO of Smartlogik. " Having established a US Team based on the
East and West coasts I feel confident that with deals such as iVenturi, we are
in an excellent position to continue to build our reputation in the US
marketplace."
About iVenturi
iVenturi is a web-based worksystem that decreases time-to-market and increases
productivity for new product development (NPD) professionals with the first,
fully integrated set of tools, business services, and expertise in a secure,
centralized environment. For new product development teams,
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these tools and business services improve overall NPD efficiencies that reduce
development costs and deliver a greater return on NPD investments. iVenturi was
conceptualised in late 1999 by The Dow Chemical Company (NYSE: DOW), and
officially launched in October 2000 as a collaborative effort between Dow,
Andersen Consulting, and campsix. For more information, please visit http://
www.iventuri.com.
About Smartlogik
Smartlogik is an Internet infrastructure solutions provider using powerful and
scaleable Muscat technology. A team of experienced knowledge and portal
consultants, sales people and developers, brought together from leading portal
companies, supports this proven technology. Smartlogik helps to maximise the
potential of corporate knowledge combined with the ability to retrieve the most
accurate, relevant and timely data from ever expanding sources of external
information. In the new knowledge economy Smartlogik offers complete knowledge
solutions designed to give measurable advantage and ensures total solution
implementation and support.
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Notes for Editors:
Bright Station plc is a technology company and leading provider of Internet and
eCommerce solutions.
For further information:
Nick Chaloner
Head of Corporate Communications,
Bright Station plc
+44 20 7930 6900
nickchaloner@brightstation.com
Sonya Prybutok
Director, Corporate Communications
IVenturi
+1 415.437.4165
sonya@iventuri.com
John Olsen/Nick Lockwood
Hogarth Partnership
+44 20 7357 9477
nlockwood@hogarthpr.co.uk
David Collins/Robert Rinderman
Jaffoni & Collins
+1 212 835 8500
BSTN@jcir.com
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