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ots Ad hoc-Service: FORIS AG <DE0005775803> FORIS takes over CompLex and acquires an interest in Qsearch

Berlin, Bonn, Munich, New York (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
1. FORIS AG, German market leader in court financing, is taking
over all business shares of CompLex Deutschland GmbH effective
September 1, 2000. Effective immediately, FORIS is acquiring a 25.01%
interest in the retrieval software Qsearch, which was patented in the
United States in June 2000.
2. CompLex GmbH is a legal research service which can be used by
jurists for a fee by telephone, fax and e-mail. The database contains
more than 1,3 million documents in all areas of German and European
law. The customer pays only if the research is successful. Currently,
approximately 4,000 inquiries are processed per year. FORIS sees
considerable growth potential here. CompLex also operates the German
Legal News Service (Deutscher Juristischer Nachrichtendienst), which
carries information about current rulings.
3. Qsearch is a specially developed software program based
exclusively on a statistical algorithm. It generates a relevance
relation between the search text and database documents. Whole
sentences may be entered as search criteria. Qsearch does not depend
on the familiar Boolean "and/or" structures. Unlike Boolean systems,
Qsearch's accuracy increases with the size of the database being
accessed. Qsearch produces a ranking of the text strings found. The
accuracy of the relevance relations generated is generally over 90%.
The search speed is less than three seconds with a database of more
than 1.3 million documents.
4. FORIS considers the acquisition of CompLex to be an outstanding
substantive addition to the range of services it already offers as
well as to the Internet platform currently under construction. As
part of the full range of FORIS offerings, the research service will
be greatly expanded in the future; it will then be available
internally for court financing business as well as externally for all
attorneys, students, court clerks, courts, legal departments and
universities.
5. FORIS will participate in the further marketing of Qsearch.
Qsearch can be used wherever documents and text strings need to be
retrieved in large quantities of data. The use of Qsearch is in
principle relevant to all languages as well as intranet and Internet
searches.
Additional information: 
   FORIS AG, Matterhornstr. 44,14129 Berlin;
   phone (+49 30) 804-8640; fax (+49 30) 804-8642-4; 
   e-mail  FORIS-Berlin@foris-ag.de; 
   Internet www.foris-ag.de

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