May 11, 2007
Reinvent media group of Companies Acquires Visual Knowledge® Software, Inc.
Leading Web 3.0 company joins forces with Reinvent to advance Web 3.0 technology
VANCOUVER, B.C. – Reinvent, the global media and Internet technology company, announced today the acquisition of Visual Knowledge® Software Inc., a leading Web 3.0 semantic web company. Visual Knowledge®’s founder and CEO Conor Shankey and his team will move into the Reinvent Vancouver headquarters, continuing to work on cutting-edge semantic Web 3.0 platforms.
“We are thrilled that adding Visual Knowledge®'s semantic technology platform will help develop Reinvent’s virtual real estate holdings,” said Dr. Kevin Ham, Chief Executive Officer of Reinvent. “We are certain the technologies currently being developed by Visual Knowledge® have the power to revolutionize the Web, changing the way we order, consume and share information on the Internet. We plan to leverage the semantic technology to develop communities and monetize our Intelligent Domain™ portfolio at an unprecedented rate.”
Visual Knowledge® was founded in 1990, and has been a pioneer in semantic technology platforms, which help to better organize information in a useful and meaningful way. Its intelligent agent technology, combined with the extraordinary commercial and market capabilities of Reinvent's Intelligent Domain™ portfolio, is poised to revolutionize the web, connecting web consumers with information in a smarter, more efficient manner.
“Visual Knowledge® is extremely excited to be joining forces with Reinvent to accelerate the approaching generation of the Internet,” said Mr. Shankey. “Web 3.0 technology, similar to Wikipedia, will turn the online publishing world upside-down. These technologies will help manage the overwhelming amount of information available online, by enabling websites to intelligently adapt and respond to their consumers.”
About Visual Knowledge®
Visual Knowledge® is a fully integrated Web 3.0 development and execution platform for building semantic sites, semantic wikis, semantic blogs and high performance, knowledge-driven applications. Visual Knowledge® has built an innovative, 3D immersive platform for delivering deeply collaborative, ontology- driven, commercial multi-user games and online applications. Visual Knowledge® processes semantics at scale comfortably with billions of triples in production-hardened, industrial strength semantic solutions.
About Reinvent
Founded in 2000, the Reinvent media group uses its intelligent technologies and world-class domain name portfolio to connect people around the globe. The Reinvent media group is a leading pioneer in the business of Direct Navigation, monetizing over one million domain names and websites, including its own portfolio of 400,000 premium domain names, such as God.com, Mother.com, and HDTV.com. With offices in Vancouver, Canada and Barbados, the group is focused on organizing the world's information in a useful and meaningful way through its Semantic Web Technology, its Virtual Cities and Global Advertising Networks. The Reinvent media group's mission is to enlighten and connect people through words and visual information.
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