Posted August 11, 2005

Premium Lock Saffron Technology Wins Three-Year Pentagon Contract

Published: 2005-08-11 07:59:28
Updated: 2005-08-11 07:59:28

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Saffron will partner with Factiva, which is owned by Dow Jones and Reuters, on the deal with what Saffron describes as a "DoD intelligence agency".

Saffron and Factiva have been retained under a three-year contract to help develop means for intelligence analysts to uncover data.

Saffron's primary product, SaffronWeb, will be utilized with Factiva's data base of global business news.

"Currently, there is limited access to open-source intelligence, and what is available is under utilized," said Manuel Aparicio, Saffron's chief technology officer. "SaffronWeb, through our partnership with Factiva, will give analysts faster access to associations within such sources."

Saffron's niche is to data mine what it calls "seemingly unrelated date" to "make inferences" about possible connections.

"By quickly uncovering distinctive relationships and similarities, SaffronWeb gives analysts a powerful intelligence tool," the company said in a statement. "Analysts can also access their colleagues' user models to collaborate on queries and leverage the discoveries of others."

Terms of the contract were not disclosed.

Saffron: www.saffrontech.com

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