eNeuralNet IN EPOC INCUBATOR PROGRAM POWERED BY IBM

eNeuralNet, an emerging start up Business Intelligence ASP company, is one of the sixteen area dot.coms selected to participate in the Epoch Incubator Program, powered by IBM. They are part of the first group of dot-com companies invited to attend the 2-Day Launch Seminar in Costa Mesa, CA.

eNeuralNet has developed a next generation Business Intelligence Software/Engine that has integrated Artificial Intelligence technology (AI technology). eNeuralNet's technology can process unorganized streams of data sets, paper records and information silos, assemble and translate them into a multi-dimensional AI Cube. This will empower corporations to add intelligence to their business processes and knowledge management. The eNeuralNet AI Cube will create a single source of inter-related business knowledge compared to today's massive unorganized, disconnected islands of information within corporations.

eNeuralNet will deliver its technology for processing, assembling and translation as an Application Service Provider and Creator of Content, referred to as ASP-C. The technical infrastructure has been built to rapidly deploy and generate corporate AI cubes. eNeuralNet believes that they can also provide their technologies and services to other ASPs and integrate with every technical platform in the world. "We are the first company in the world to offer a neural net AI methodology that can be assimilated and applied in virtually every meaning of the word" said Greg Irving, president, eNeuralNet. "Let your imagination do the exploring".

An initially-funded start-up, eNeuralnet aims to become a revenue-producing business and then go public. With its management and financial nucleus, eNeuralNet seeks to take advantage of the Epoch Incubator program for the nocost six months period. This is very appealing since start-ups need a fast path to market combined with a solid technology infrastructure to build and grow their e-business. This will enable eNeuralNet to accelerate early-stage development to prove the concept, raise capital and get to market quickly.

In addition, Epoch's Incubator program will allow eNeuralNet to preserve valuable cash flow and does not require an equity stake in the company. This will also facilitate valuable introductions to business leaders and potential company sponsors.

eNeuralNet will leverage the reliable, leading-edge hardware, software, Web hosting and co-location services, training, and support from Epoch, IBM and key Southern California business partners in Epoch's Los Angeles data center. eNeuralNet can foster the development of key industry relationships with recognized legal, accounting and technology firms to become an enduring, revenue-generating business. Through the Incubator and the associated group of Southern California business leaders/partners, eNeuralNet will build relationships with Silicon Valley Bank, O'Melveny & Myers LLP, Deloitte & Touche, and Capitalist Group; and the initial technology providers Versifi Inc, Sitelite, and Capita Technologies. eNeuralNet will apply these relationships and real-time solutions to the challenges they face that commonly impede and delay start-ups.

The Epoch Incubator Program will also ensure that eNeuralNet will be successful through each step of the business process. In addition, upon completion of the incubation period, eNeuralNet has an option to continue the hosting of their systems with Epoch and be eligible for alternative rate plans from the sponsors and technology providers.

The Epoch Incubator - Launch Seminar was hosted at the IBM Building, 600 Anton, 2nd Floor, Costa Mesa, CA 92626.

Contact eNeuralNet, Adrienne Cisneros 949-376-3755.