21.09.2007 15:58:00

FAST Signs Stream of New High-Profile Search Platform Customers

Fast Search & Transfer™ (OSEAX: FAST.OL) (FAST™), the leading global provider of search technologies, today announced four new high-profile customers that have selected the FAST search platform in the last two weeks. These significant wins are spread across various vertical industries and each new customer will deploy the FAST Enterprise Search Platform™ (FAST ESP™) as their information access layer of choice. The company was recently recognized by Gartner in the "leaders” quadrant of the 2007 Information Access Technology Magic Quadrant for its vision, named KM World’s Trend-Setting Product of 2007 and listed among the "100 Companies That Matter in Knowledge Management”, as well as being the highest-ranking search vendor on the VarBusiness FAST 50 list. The latest four wins include: Bayer AG (NYSE:BAY) German healthcare group: researches, develops, manufactures and markets innovative products for the prevention, diagnosis and treatment of diseases. This subgroup comprises four global divisions: Animal Health, Consumer Care, Diabetes Care and Bayer Schering Pharma AG, Germany. Electronic Data Systems Corp (EDS): a global technology services company, specializing in the IT outsourcing industry. The Seattle Times Company: owns The Seattle Times, the largest daily newspaper in Washington State, along with a network of online news, information and advertising Websites. Walt Disney (NYSE:DIS) (NYSE:DCQ) Parks and Resorts Online: a division of Walt Disney Internet Group (NYSE:DIG) and the leading Internet source for vacation packages and park passes to Walt Disney World Resort, Disneyland Resort and Disney Cruise Line, and produces all Disney Resort Web sites. "FAST’s unmatched performance and scalability, SOA-based flexibility and the highest R&D commitment in the industry is what has set us apart,” said John M. Lervik, CEO and co-founder of FAST. "We have worked closely with our partners and customers to understand their needs and deliver the right products and services. This has allowed us to continue to be a visionary leader and offer a clear product roadmap for our customers. These latest customer wins illustrate the widespread momentum FAST is building as the business benefits of search begin to be more fully understood and embraced by the world’s most pioneering companies.” While no financial details were given, FAST said the deals are based on software license, maintenance fees, and other professional services. About FAST FAST is the leading global provider of enterprise search technologies and solutions that are behind the scenes at the world’s best known companies with the most demanding search problems. FAST’s flexible and scalable enterprise search platform (FAST ESP) elevates the search capabilities of enterprise customers and connects people to the relevant information they seek regardless of medium. This drives revenues and reduces total cost of ownership by effectively leveraging IT infrastructure. FAST’s solutions are used by more than 2,600 global customers and partners, including America Online (AOL), Cardinal Health, CareerBuilder.com, CIGNA, CNET, Dell, Factiva, Fidelity Investments, Findexa, IBM, Knight Ridder, LexisNexis, Overture, Rakuten, Reed Elsevier, Reuters, Sensis, Stellent, Tenet Healthcare, Thomas Industrial Networks, T-Online, US Army, Virgilio (Telecom Italia), and Wanadoo. FAST is headquartered in Norway and is publicly traded under the ticker symbol 'FAST' on the Oslo Stock Exchange. The FAST Group operates globally with presence in Europe, the United States, Asia Pacific, Australia, South America, and the Middle East. For further information about FAST, please visit www.fastsearch.com. © 2007 Fast Search & Transfer and FAST are trademarks of Fast Search & Transfer ASA. The FAST logo, FAST ESP are registered trademarks of Fast Search & Transfer ASA. All rights reserved.

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