| [April 20, 2004] |
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Gensym to Feature Reasoning-Driven Performance Management at Worldwide User Meeting; Users to Meet and Share Experiences October 6 to 8, 2004 in Nice, France
BURLINGTON, Mass. --(Business Wire)-- April 20, 2004 -- Gensym Corporation (OTC Bulletin Board: GNSM) today announced that its annual Gensym User Society (GUS) Meeting will take place in Nice, France from October 6 through 8, 2004 at the Grand Hotel Aston. GUS meetings bring together users of Gensym's technology to share experiences via presentations, demonstrations, and interactive forums.
GUS 2004 will focus on how users are improving the performance of their operations through the application of Gensym's G2(R) and G2-based reasoning technology. A major highlight will be an in-depth look at Gensym's next generation of G2 and G2-based products. The meeting will feature technology advances and operational performance results that will be of strong interest to executives, managers, and developers.
"I am very excited about this year's meeting and its location in Nice, a charming city on the French Riviera," said Lowell Hawkinson, chairman, president, and CEO of Gensym. "Holding the meeting in Europe for the first time in several years is an important indication of our company's restored strength and confidence as a global player. With over half of our business being generated internationally, and most of that in Europe, I expect a strong turnout."
Reasoning-Driven Performance Management
Throughout the meeting, users will have many opportunities to learn and share the latest tips, techniques, and management practices for successfully building and deploying reasoning-driven performance management applications. User presentations will highlight operational payback from G2-based expert systems, neural networks, and other related reasoning technologies for abnormal condition management, production management, supply-chain management, business process management, and network management.
The GUS 2004 program will feature:
-- A keynote presentation scheduled to be given by Mr. Tatsuhisa Ishii, an executive with Toyota Motor Corporation
-- Presentations of successful applications by end users and partners
-- A hands-on, next-generation G2 technology lab
-- Product roadmap overviews
-- Product and technology tutorials
-- Panel discussions
-- A solution forum with demonstrations by end users, partners, and Gensym of recent applications and emerging technologies
-- A pre-conference one-day training course for advanced G2 development practices
-- A product planning forum
-- A post-conference half-day Intelligent Objects workshop
-- A pre-conference partner meeting
-- Informal discussions and networking
-- An awards banquet
Next Generation of G2 and G2-based Products
GUS 2004 will offer users a detailed look at Gensym's next generation of products. The next generation, which is compatible with the previous generation, advances Gensym's leading real-time reasoning technology for operational decision-support solutions. Gensym expects to largely complete its transition to its next generation during 2004. Some of the exciting next-generation capabilities are: advanced reasoning technology for more powerful decision support, out-of-the-box application functionality to speed up deployment, embedability in larger systems for deployment flexibility, enhanced support of data exchange and messaging standards, and a new user interface based on Microsoft Windows standards for greater ease-of-use.
G2 8.0, the next-generation G2, is scheduled for release prior to GUS 2004. Attendees will learn about G2 8.0, Intelligent Objects(TM), and pre-release versions of other products through demonstrations, presentations, tutorials, and hands-on test drives in a next-generation technology lab.
Recent Meeting Presenters
Worldwide meetings of the Gensym User Society meetings have been held since 1989. Examples of recent presenters include partners and end users such as Alcan, Auginish Alumina, Dow Chemical, DuPont, DynCorp, Ericsson, Fidelity Investments, Halliburton KBR, Huntsman, Hitachi, Inmarsat, Institut Francais du Petrole (IFP), Harte Hanks, IMC Phosphates, Intel, Mantech International, MITRE, Motorola, NASA, Science Systems, Siemens, TRW, Unilever, the U.S. Army, and Yamatake.
More Information
For additional information on the meeting agenda, meeting venue, submission of presentation proposals, and registration, please visit the Gensym Web site at www.gensym.com/gus.
About Gensym Corporation
Gensym Corporation (www.gensym.com) is a provider of software products and services that enable organizations to automate aspects of their operations that have historically required the direct attention of human experts. Gensym's product and service offerings are all based on or relate to Gensym's flagship product G2, which can emulate the reasoning of human experts as they assess, diagnose, and respond to unusual operating situations or as they seek to optimize operations. A new generation of Gensym's G2 and G2-based products, fully compatible with the previous generation, has been in the process of release since late 2003, and is expected to be largely complete by the end of 2004.
With G2, organizations in manufacturing, communications, transportation, aerospace, and government maximize the performance and availability of their operations. For example, Fortune 1000 manufacturers such as Alcan, ExxonMobil, DuPont, El Paso, Eli Lilly, Ford, Hitachi, Lafarge, Procter & Gamble, and Toyota use G2 to help operators detect problems early and to provide advice that avoids off- specification production and unexpected shutdowns. Manufacturers and government agencies use G2 to optimize their supply chain and logistics operations, while communications companies such as AT&T, Ericsson, Motorola, and Nokia use G2 to troubleshoot network faults so that network availability and service levels are maximized. Gensym has numerous partners who help meet the specific needs of customers. Gensym and its partners deliver a range of services, including training, software support, application consulting and complete solutions. Through partners and through its direct sales force, Gensym serves customers worldwide.
Gensym and G2 are registered trademarks of Gensym Corporation. All other trademarks are property of their respective owners.
This news release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. Such risks and uncertainties include, but are not limited to, delays in the release of Gensym's next generation of G2 and G2-based products, as well as other risks detailed in Gensym's periodic reports and registration statements filed with the Securities and Exchange Commission. Although Gensym believes the expectations reflected in the forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Gensym Corporation disclaims any intent or obligation to update any forward-looking statement.
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