BUDAPEST, HUNGARY 3/07/08 -- Power of the Dream Ventures (PDV), one of Hungary's premier technology acquisition companies, announced today that in4, Ltd., has released today on their website a technology demonstration showcasing their iGlue application, an online search/content organizer based on semantic web technology.
In development for over two years, iGlue promises to be a revolution in internet information delivery and presentation.
"This is a significant step in presenting iGlue to the world. I believe people will recognize the incredible functionality of the product, and once in4 releases their beta, immediately start using it. I for one sure will. In fact, I can hardly wait," said Viktor Rozsnyay, President of PDV.
PDV acquired thirty percent of in4 Ltd., on August of 2007. A public beta release is planned for the second quarter of 2008. For more information please visit in4 Ltd's website at Http://www.in4.hu
About in4, Ltd.
in4, Ltd. based in Budapest, Hungary, has developed iGlue, an integrated online content manager and search engine that goes beyond today's widespread, language-dependant search mechanisms based on identifying character strings. iGlue identifies and manages entities, not keywords. Whether he is called Alejandro Magno, Büyük İskender or Lissandru lu Granni, these names all refer to the same person: Alexander the Great, and most likely we would like to find information about the person himself. This is the principle iGlue uses to manage entities appearing in web content, and it will find relevant information even if the given element appears in a form that is different from what we used in launching the search.
Power of the Dream Ventures, Inc. is a premier holding company focused on technology acquisition and development enabling the delivery of revolutionary concepts and ready to market products to the international market place. We develop-, acquire-, license-, or co-develop technologies that originate exclusively in Hungary that are in prototype stage based on existing patents; in prototype stage prior to patenting; existing products that require expansion capital to commercialize; emerging science and high-technology research projects that require help in patenting, developing the product and marketing, University spin-off technologies and ideas from the very early stages on that represent "disruptive technologies." For more information please visit our website at Http://www.powerofthedream.com
President & CEO
Daniel Kun, Jr.
Source: Power of the Dream Ventures, Inc.