Nstein TME Powers FT Search's Newssift

Posted Monday, June 22, 2009 12:00 am

By: E&P Staff Newssift, a business insight tool launched by FT Search Inc., an independent unit within the Financial Times Group, has launched its beta service powered by TME, the text-mining engine from Montreal-based Nstein Technologies Inc.

Newssift provides business professionals access to a comprehensive database of millions of articles from thousands of global business news sources. Searches are based on meaning and relationships to enable business users to extract insight and discovery without the commercial clutter of traditional keyword search. The tool indexes and extracts all entities (people, places, organizations) from more than 80,000 articles a day.

Nstein offered "the most robust technical solution, and service professionals ... willing to work with enthusiasm to become an extension of the FT Search team," Newssift CEO Robin Johnson said in a statement.

Supported by advertising, Newssift is free but plans to add a premium subscription service soon. "We have a number of advertisers lined up to sponsor and are planning to deliver contextually matching ads to content -- at a premium," Johnson added.

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Nstein TME Powers FT Search's Newssift

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