Artificial Life Wins Contract From Liechtenstein Global Trust For Smart Engine
Artificial Life, Inc., a technology leader of intelligent software bots for the Internet, has announced that it has won a second contract from Liechtenstein Global Trust (LGT) to launch an online banking Web site, powered by Artificial Life's proprietary SmartEngine technology, for two of their Investment funds. Swiss-based Castle Private Equity AG and Castle Alternative Invest AG have selected Artificial Life to develop and install ALife-WebGuide Enterprise, a smart bot that will reside on their Web site to communicate with online clients in natural language (German). The Castle funds are publicly traded on the Swiss and Luxembourg Stock Exchange and majority owned by Liechtenstein Global Trust AG, a trust of the royal family of Liechtenstein.
"We are happy that LGT and the Castle funds decided to use our products. The fund managers are very innovative and recognize the potential that our WebGuide technology will bring to their Web sites and their online clients," said Eberhard Schoeneburg, President and CEO of Artificial Life. "Our statistic and data mining tools will allow the fund managers to thoroughly analyze and understand the needs and demands of their online clients. With this contract, we strongly expand our position in the Internet-based financial services industry. Our goal is to become a major player in this field world wide. With this second contract we are closer to this goal," Schoeneburg said.
"Over the last three months, we have been working closely together with the Artificial Life team and what we have seen has been impressive," said Dr. Konrad Baechinger, Chairman and CEO of Liechtenstein Global Trust Capital Management Ltd. "The traditional approach to Web site interaction, navigating through a myriad of pages of information, is not working very well in the Internet-based private banking area. We need to support our customers with better interaction over the Internet. We recognize the importance of delivering services on the Internet and believe in the Artificial Life WebGuide technology to deliver to our clients better, friendlier, and more innovative services on our new Castle Web sites."
The Castle Alternative Invest AG (CASN SW) is a holding company which invests primarily in hedge funds with over $270 million (CHF 416 million) in assets under management. Shares are traded on the Swiss Stock Exchange. The fund's objective is to maximize the long-term returns to shareholders by investing in a diversified portfolio of external funds by pursuing non-traditional investment strategies.
The Castle Private Equity AG (CPE SW) is a Swiss investment company for private equity and venture capital investments with total assets of over $260 million (CHF 400 million). Shares are traded in Swiss francs at the Swiss Stock Exchange and in US dollars at the Luxembourg Stock Exchange. Castle Private Equity AG is managed by LGT Private Equity Advisors AG, a joint venture between Liechtenstein Global Trust AG, based in Vaduz, Switzerland, and Partners Group, Zug, Switzerland.
Founded in 1994, Artificial Life, Inc. develops, markets and supports intelligent software bots. ALife's products bring personality to the Web through the use of natural language. The smart bots automate e-mail messaging, call centers and sales responses, manage financial portfolios, search for information, create and report on user profiles, manage knowledge, and help users navigate Web sites. Artificial Life is headquartered in Boston, Massachusetts, U.S.A. and can be reached at (+1) 617 266 5542 or on the World Wide Web at http://www.artificial-life.com.