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Deloitte Chooses ClearForest Among Fastest Growing Technology Companies on the 2006 Technology Fast 50 Israel and the Fast 500 EMEA


WALTHAM (PRWeb) December 14, 2006 -- ClearForest, the world leader in business solutions enabled by text analytics, today announced that it has been ranked 27th on the Israel Technology Fast 50, a ranking of the fifty fastest growing technology companies in Israel. In addition, 314 on the 2006 Deloitte Technology Fast 500 EMEA, a similar ranking for Europe, Middle East and Africa. The Deloitte Fast 50 Israel and the Fast 500 EMEA are the most comprehensive and respected ranking of their region's fastest-growing technology companies.

"Attracting enough customers to attain such fast growth over five years makes a strong statement about the quality of a company's product and its leadership," said Eric Morgain, partner in charge of Deloitte's Technology Fast 500 EMEA program. "ClearForest has shown the right stuff for growth."

ClearForest's text analytics solutions provide organizations with insights previously trapped in text sources like news articles, press releases, call center notes, claims, e-mail, surveys, blogs or database text fields. ClearForest applies sophisticated natural language processing technology to identify and extract key entities such as people, companies, products and technologies, as well as relationships like M&A activity, complaints, management changes compliments, and more. Adding this situational context to information empowers organizations with competitive advantages to: uncover hidden relationships, evaluate and react to events, discover unforeseen patterns and facilitate problem identification for rapid resolution. It also allows publishers and information services to componentize, reuse and monetize content assets. ClearForest solutions can be deployed as a licensed software application or as a hosted web service.

"Inclusion in Deloitte's ranking of Fast Technology companies illustrates both the success that ClearForest has achieved and signals the maturing of the text analytics market," said Barak Pridor, CEO of ClearForest. "Given the explosion of critical information hidden in text, ClearForest is in a key position to capitalize on the rapidly growing market."

About ClearForest
ClearForest Corporation is the world leader in business solutions enabled by text analytics, supplying the analytical bridge between two previously disconnected worlds of information--unstructured text and enterprise data. In allowing both to be analyzed simultaneously, ClearForest makes unified business intelligence a reality. Our award-winning solutions enable text driven business intelligence for customers such as Eastman Chemical, Reuters, Elsevier Science and International Finance Corporation to turn large volumes of contextually-based information into proactive business intelligence. Corporate headquarters are in Waltham, MA. For more information, please visit http://www.clearforest.com.


About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms, and their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu is an organization of member firms around the world devoted to excellence in providing professional services and advice, focused on client service through a global strategy executed locally in nearly 140 countries. With access to the deep intellectual capital of approximately 135,000 people worldwide, Deloitte delivers services in four professional areas--audit, tax, consulting and financial advisory services--and serves more than 80 percent of the world's largest companies, as well as large national enterprises, public institutions, locally important clients, and successful, fast-growing global growth companies. Services are not provided by the Deloitte Touche Tohmatsu Verein, and, for regulatory and other reasons, certain member firms do not provide services in all four professional areas.

As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte", "Deloitte & Touche", "Deloitte Touche Tohmatsu", or other related names.

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