Rapid Growth Continues in 2005 for Search and Information Access Leader

CAMBRIDGE, Mass., February 15, 2006 – Endeca, the leading provider of Guided Navigation®, Search and Analysis solutions, today reported record business results in 2005. Annual revenue more than doubled over 2004 levels as Endeca signed more than 100 new North American, European and Asian customers. In addition, Endeca closed new transactions with 50 existing customers to expand successful search and analysis applications and develop additional applications.

Based on publicly available reports and data, Endeca’s rate of growth has far outpaced all other enterprise search and information access software providers. For the period of 2002-2005, Endeca reported a 142 percent CAGR (compound annual growth rate).

New and repeat customers in 2005 include industry leaders in retail, manufacturing and distribution, media and publishing, and financial services, including ABN AMRO, Ace Hardware, Boots, Boeing, Cabot Corporation, CompUSA, Costco, Cox Newspapers, Datamonitor, EBSCO, Guardian Newspapers, The Home Depot, Hyatt, IBM, Milwaukee Tool, Mouser Electronics, Office Depot, Patagonia, PC Connection, Quixtar and World Book. In addition, Endeca had significant traction in the public sector, winning major new government business at the National Cancer Institute, the US Navy, the (US) Defense Intelligence Agency and several other US intelligence agencies.

Solutions and Product News

Responding to increased vertical traction and growing market demands, Endeca introduced new Market Solutions to help organizations quickly deploy next-generation search and information access applications. Designed to address unique business processes and operational goals, the new solution sets combine specific software capabilities with services expertise tailored to vertical market requirements. The initial Market Solutions are now available for Manufacturing & Distribution, Government, and Media & Publishing.

In addition, Endeca unveiled new versions of its market-leading Endeca InFront® e-commerce search, navigation and merchandising solution, and award-winning Endeca ProFind™ enterprise search and navigation platform. The new versions featured dramatic scalability and performance improvements, significant enhancements to the software’s Web-based management suite and robust new unstructured text capabilities. Expanding both the capabilities and applications of enterprise class search and information access solutions, Endeca also introduced Endeca Latitude™, a new information access and analytics solution that offers the power of business intelligence and reporting with the simplicity of search.

Other highlights since January 2005 included:

§ Named AMR Research 2006 Innovation Award winner
§ Gartner Inc. positions Endeca in the leadership quadrant of the 2005 Magic Quadrant for Information Access Technology
§ Voted Best Presenting Company at Esther Dyson’s PC Forum
§ AlwaysOn Network names Endeca an AO 100 company for 2nd consecutive year as one of North America’s top private software companies
§ Dan Demmer, CFO, and Jason Lewis, SVP of Marketing, join seasoned leadership team
§ Endeca ProFind™ search and navigation platform named Trend Setting Product of 2005 by KM World magazine
§ Named to EContent 100 for the fourth consecutive year as one of the companies that matter most in the digital content industry
§ Named to KMWorld 100 as one of the most influential companies in document, content and knowledge management
§ Listed as key player in Business 2.0’s 7 Technologies that matter

“Endeca’s success in 2005 can be measured both by dramatic growth in its core business areas and by a series of significant developments that point to the emergence of new market opportunities in ’06 and beyond,” said Steve Papa, founder and chairman of Endeca. “Over the next few years, we expect to see the convergence of technologies focused on data and content, and the emergence of a new class of high value information access applications.”

About Endeca
Endeca’s award-winning Guided Navigation, Enterprise Search, and Analysis solutions help organizations integrate, discover, and navigate enterprise data to solve business problems associated with information overload. Endeca’s customers include a wide range of enterprises, including retailers (Barnes & Noble, The Home Depot, Wal-Mart); financial services (Bank of America, MFS Investment Management, Putnam Investments); manufacturing and distribution (IBM, Arrow Electronics, and John Deere); media and publishing (EBSCO, The Guardian, World Book) and government (the Library of Congress, NASA, and the National Cancer Institute). Endeca is a private company headquartered in Cambridge, MA. More information: www.endeca.com or info@endeca.com.


Endeca, Endeca InFront, Endeca Navigation Engine, and Guided Navigation are registered trademarks, and Endeca ProFind and Endeca Latitude are trademarks of Endeca Technologies, Inc. All other product and service names mentioned herein are or may be registered trademarks or trademarks of their respective companies or organizations.

Published on: 12:00AM on 15th February 2006