Diagnos Seeks Larger Share of AI Market

Diagnos Inc, a leader in knowledge extraction artificial intelligence, announced that it has retained Technology Partners (Holdings) LLC of New York, a global strategic advisor specializing in new technologies, to assist the Company in accelerating the deployment of Diagnos' unique customer relationship management (CRM) and health care software products within the U.S. and global markets.

Developed over a ten year period by a team of scientists at Lyon University II led by Dr. Djamel Zighed, the Company's chief technology officer, Diagnos' unique software tools are user friendly, extremely cost efficient, and allow customers to organize and extract data from both natural text and images.

"Working with the world class technologists at Diagnos, we hope to raise the bar for commercial applications of artificial intelligence," said Technology Partner's managing partner, Porter Bibb. "We will assist Diagnos in building a US presence through strategic partnerships and industry investment which should quickly establish the Company as a market leader in commercial artificial intelligence."

That market, according to IDC, will reach $12 billion by 2003. Price Waterhouse Coopers projects an even more buoyant market growth and predicts total sales should exceed $18 billion in that period. "We are well positioned to achieve a major share of this explosively growing market," stated Andre Larente, president and CEO of Diagnos, "with our unique, user friendly products that are without equal anywhere in the world. We are pleased," he added, "to be working with Technology Partners and leveraging their industry contacts and proven track record of creating shareholder value in developing technologies. Diagnos has made significant strides in Europe with our recent healthcare contract with Unilabs of Switzerland, the world's largest processor of blood samples. We also hope to announce major new CRM agreements with several major European customers shortly. We are certain Technology Partners' global experience and strong industry contacts will help create results which should raise Diagnos' shareholder value to a level enjoyed by its artificial intelligence peer group."

Diagnos Inc, an international company with offices in Europe, Canada, and the United States, is engaged in the development and marketing of proprietary knowledge extraction platform products which allow intelligent analysis of text, numerical, and other Web databases. Diagnos is also the only known developer of image-based knowledge extraction technology. Current products address the telecommunications, financial services, retail consumer, and health care markets.

Technology Partners (Holdings) LLC is a global merchant bank and strategic advisor specializing in leading edge technologies serving the telecommunications, media, and retail industries.

Contact Technology Partners (Holdings) LLC, Eric Boyd, 212-759-2022 or Diagnos Inc, Andre Larente, 514-906-2602.