Pingar Announces Major R&D Funding With University of Wales

Pingar announces UK launch and new research collaboration with University of Wales

Pingar, the New Zealand software company that has developed the next generation 'intelligent' search solution, will today announce at a private reception in the House of Commons that a major R&D project had been signed with the University of Wales and New Zealand's University of Waikato.

The Prince of Wales Innovation Scholarships (POWIS), managed by the University of Wales, is providing funding for a University of Waikato postgraduate to work as placement PhD student on a research project for Pingar in Wales for up to three years. The aim of the project is to place doctoral researchers within participating businesses to help develop their innovation capacity. This will be achieved by having each scholar undertake key research projects, supported by international and national academic supervisors, to support the innovation potential of the selected business.

John Beer, Co-Founder of Pingar said the collaborative research announcement today was an important part of the ongoing development of Pingar's search capability.

"Pingar recently launched its advanced search capability at the Microsoft SharePoint Conference in Las Vegas. We received an overwhelming response, leading to a big uptake from major global resellers and other key users in government and industrial sectors. Pingar's ongoing commitment to further enhance the functionality of our search engine algorithm means that we will actively pursue collaborative R&D ventures like this one with the University of Wales," says Beer.

In short, Pingar changes the face of mainstream search. Pingar's solution goes inside data documents, finds the content the user is seeking and then places it into a dynamically generated PDF document, rather than just presenting a list of links like the traditional search model.

"In Las Vegas, Pingar demonstrated how its product increased worker productivity in the enterprise search space. It generated real interest by delivering an improved quality of search result in seconds; resulting in significant cost savings for the enterprise," says Beer.

Ieuan Wyn Jones, Welsh Assembly Government Minister for the Economy and Transport, has welcomed the high level investment in R&D that will be taking place in Wales.

"Pingar, which recently established its European Research and Development facility in Swansea, is a technology led company with high growth potential working in a key sector and the announcement concerning this international research collaboration is excellent news."

Source: dotnet.sys-con.com 11/11/09