New Software Company Harnesses The Power Of Artificial

Intelligence                                                         11.11.97
ACTION ITEMS                                                           D S *

Evolv is a new company dedicated to using genetic algorithms, fuzzy logic, encryption techniques and neural networking to solve particularly vexing problems for business and industry. The company's AI-oriented solutions help in situations which require computers to act like the human mind and less like computers. Evolv's programmers utilize adaptive objects to create new software or to add usefulness to pre-existing software. Evolv serves internet, intranet, data mining, business planning and manufacturing processes.

"Our proprietary techniques are pushing the boundaries on what the business community can expect from computers. From simple snap-ons to custom-designed solutions, our products will be of special interest to CEOs, CIOs, IS departments, Webmasters and so forth..." said R. Bradley Hoeweler, President, CEO.

Evolv asserts it has developed products that:

• Allow companies to immediately transact business on the Web via a highly-secure, encrypted credit card transaction software package (for Windows NT) that is easy to implement and is priced at $1,500 - a fraction of the cost of competing products.
• Add functionality to data-mining and interpretive processes to achieve a greater level of predictive accuracy and extract and manage data that could not be previously utilized.
• Allow internet or intranet sites to create a Virtual Community that facilitates finding other persons of similar interests, posting community questions with private answers, trading URL's anonymously and conducting peer-to-peer secure chat.

David Bukvic, V.P., Marketing related that "Evolv's products and services will appeal to CEOs trying to cost-effectively do business on the Web, stock traders and analysts who want a custom-designed package to help them detect and instantly act upon micro-changes in the stock market, internet search engines, advertisers or online catalogs who need to create a better approach to dynamically serving advertising, content or transactions..."

George Farnell, V.P., Systems Development added, "Our approach can answer these diverse problems. It's especially useful for any business that has a ream of data with no effective tool to interpret it...even for manufacturers who want an intelligent agent that learns and improves a process over time."

For more information, see http://www.e-volv.com