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IQT News
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IN-Q-TEL FUNDS INTELLISEEK

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August 7, 2001
Cincinnati, OH

IntelliseekTM,  provider of enterprise intelligence solutions, announced today that it has  secured approximately $1.4 million in financing from In-Q-Tel, which includes  an equity investment and development monies. The investment is a follow-on to  Intelliseek's $8 Million Series B round closed in April 2001. The capital will  enable the company to further enhance their enterprise intelligence solutions.

"We  find Intelliseek's technology unique and believe there are many compelling  applications for their solutions within the intelligence community as well as  the enterprise market," said Gilman Louie, CEO of In-Q-Tel. In-Q-Tel is a  private not-for-profit "venture catalyst" chartered by the CIA that  invests in leading edge information technologies with application to the  intelligence community and private sector.

In-Q-Tel  serves not only as an investor, but also as a strategic partner to Intelliseek.  The CIA, a super information organization, demands extremely potent  intelligence tools. In-Q-Tel provides Intelliseek a platform for testing and  improving their enterprise intelligence solutions in a complex, high volume  user environment, as well as access to a potential government customer.

Intelliseek's  solutions, with multiple language and source functionality, are based on a  proprietary Intelligent Agent Platform. Intelliseek Enterprise Search Server  (ESS) is an enterprise application that can be used to automate knowledge  discovery and aggregation from hundreds of disparate information sources across  Intranets, Extranets and the Internet and make informed decisions. Intelliseek  Corporate Intelligence Service (CIS) is used by brand managers, public  relations professionals and product researchers of Fortune 1000 enterprises to  derive timely, actionable consumer and competitive intelligence by analyzing  consumer word-of-mouth and other related information sources.

"We  are very excited to have In-Q-Tel as our partner along with Ford Motor Company  and Nokia Venture Partners," said Mahendra Vora, Chairman and CEO of  Intelliseek. "In this challenging economic environment, having this  capital infusion, within 45 days of our $8 Million Series B funding, further  endorses our technology, people and our value proposition to customers."

Leading  F1000 enterprises use Intelliseek's services to maximize their brand equity and  establish closer understanding and connection to their customers. With  Intelliseek solutions, organizations create, protect and promote their valuable  brands and identities, while leveraging their corporate knowledge equity to  build an informed, competitive environment.

About  Intelliseek
Intelliseek  is a supplier of enterprise intelligence solutions. Using advanced information  technologies, the company helps Global 2000 enterprises leverage knowledge  equity to make informed decisions, increase employee productivity, compete  smarter by understanding their competitors, and most importantly, increase  customer satisfaction and decrease customer support costs. All Intelliseek  enterprise applications are built on a highly scalable, XML-based, proprietary,  Intelligent Agent platform, that can be customized to perform specific  intelligence tasks for a given enterprise. The company operates ProFusion.com  (a destination site for business users which showcases its Enterprise Search  Server capabilities) and offers the award-winning BullsEye family of  applications for individual web researchers. For more information, visit  www.intelliseek.com or email info@intelliseek.com. Intelliseek, based in Cincinnati, Ohio,  is a privately held company funded by Ford Motor Company, Nokia Venture  Partners, River Cities Capital and In-Q-Tel and other, private investors.              

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