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FOR IMMEDIATE RELEASE
New York, NY, March 17, 2009 � Alacra, Inc., a leading provider of online business information solutions, today announced that Alacra Street Pulse, which aggregates and organizes news and blog content, has been named a SIIA 2009 CODiE Awards Finalist. Alacra Street Pulse is a finalist in the Best Content Aggregation Solution category, which recognizes technologies that awards the best service that combines third-party content for distribution for wholesale or retail markets.
The CODiE Awards hold the distinction of being the industry�s only peer-reviewed awards program, which provides member companies with a unique opportunity to earn praise from their competitors. CODiE Awards Judges are representatives from the software and information industry trade press, mainstream technology writers, analysts, consultants and subject-matter experts. The rankings of nominees by these preliminary judges determine the 2009 CODiE Awards Finalists. Winners will be selected by SIIA member votes and will be announced at the upcoming SIIA NetGain conference.
"The competition was particularly steep this year during the 24th Annual SIIA CODiE Awards, making selection as a CODiE Finalist a real achievement.� according to SIIA President Ken Wasch. �All the companies on this year's list of CODiE Finalists should feel justifiably proud of their accomplishment in making it to this stage, and have much excitement to look forward to regarding the upcoming CODiE Awards voting!"
Alacra Street Pulse, the first application on Alacra�s new Pulse Platform, aggregates content from both traditional media sources and a hand-selected group of blogs. The content is then run through Alacra�s proprietary semantic tagger, which extracts entities and events from the content. By aggregating comments from sell-side, credit and industry analysts, along with key bloggers, Street Pulse provides a single view into what�s being said by key opinion leaders about a company or industry.
�We�re thrilled to have Street Pulse named a CODiE award finalist� said Alacra CEO Steven Goldstein. �We believe that Street Pulse product and business model fit the rapidly changing content market and are honored by this recognition.�
Street Pulse uses a freemium business model. There�s a completely free version available at http://pulse.alacra.com. That version is supported by advertising and the sale of contextually relevant content from the Alacra Store. A professional version, available for license, provides additional functionality such as portfolios, email alerts, enhanced sharing capabilities and advanced search.
About Alacra, Inc.
About SIIA
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Alacra creates sophisticated online technology and services to help clients find, package and present business information. Financial institutions, professional service firms and other corporations have long used the same content sets to support clients, research deals and investigate market opportunities. The Alacra mission is to package this content and deliver it in a format that best meets each organization's precise needs.
Worldwide, more than 600 investment and commercial banks, management consulting firms, law firms, and other corporations, representing 50,000+ end users worldwide, use Alacra to effectively find and deploy business information in their daily workflow. For more information, visit www.alacra.com.
The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to more than 800 leading software and information companies. For further information, visit www.siia.net.
Carol Ann Thomas
Marketing Manager
1 212 806 3841
[email protected]