For Immediate Release
December 3, 1996
Contact:
Bruce Moore
Junglee Corp.
Phone 408/522-9486
bruce@junglee.com
-or-
Shel Israel
SIPR
415/562-0840
shel@sipr.com
Sunnyvale, CA — Junglee Corp. today announced it has received
$6 million in investment commitments from investors including Nichimen
Corp. of Japan and The Washington Post Company.
The Junglee development team, led by four Stanford University computer
scientists, has developed fundamental new technology that enables database
query and analysis on information that is not in a database. Junglee technology
integrates information from multiple Internet and Intranet sources into
a "Virtual Database." Junglee's unique benefit to Web users is
to allow powerful Structured Query Language (SQL) queries on information
distributed across several Web sites.
One of many possible applications is online classified advertising.
For example, at a Junglee-powered web site a job seeker might ask: "Find
software engineering jobs at companies with over 100% annual growth rate
based in communities where the median house price is under $200,000."
The job listings and value-added information that satisfy the query may
be located on many disparate sites. The technology can be scaled to aggregate
and structure information stored on any number of servers. The query can
be applied to, and the value-added responses can include information not
found in the job records. Without solutions based on Junglee technology,
the job seeker would have to spend hours visiting different sites to obtain
comparable information.
Junglee plans to license its software engine and tools to develop solutions
for corporations looking to integrate content from multiple Internet and/or
Intranet sources. One of the company's first target customer groups is
large daily newspapers because they are particularly rich in data that
can be made more useful to end-users through the application of Junglee
technology, stated Rakesh Mathur, Junglee CEO. "We believe that the
decision by The Washington Post Company to be a Junglee customer and investor
represents a strong vote of confidence in the value of our technology to
a major segment of the media."
Based in Sunnyvale, CA, Junglee Corp. designs, develops and markets
software that brings the power of relational database technology to information
in disparate data sources. Its board includes Fred Gibbons, founder of
Software Publishing Co., and mentor to such start-ups as Yahoo and Vicinity;
Tsuyoshi Taira, Chairman of Sanyo Semiconductor USA; Jeff Ullman, Chairman
of Stanford University's Computer Science department; and Rakesh Mathur,
who has been in corporate and entrepreneurial roles in the computer industry
since 1980. Founded in 1996, the company is privately held.
#####
(tm) Junglee, is a trademark of Junglee Corp. All other trademarks used
herein are recognized as such.