IntelliSearch and Questpoint to merge - Creates large Search technology player

P R E S S  R E L E A S E  

 

Oslo, January 14, 2008. IntelliSearch has entered into an agreement to buy Questpoint – a Norwegian-based content management and technology consultancy. By adding Questpoint’s portal and integration competencies with IntelliSearch’ search technology – the combined company’s strengthens its product offerings in the market for large search technology-based portals.

 

IntelliSearch has entered into an agreement with the Questpoint shareholders in buying all outstanding shares in the company. Questpoint is an independent Content Management and technology consultancy specializing in Microsoft technology, primarily the Sharepoint portal and MS integration tools. Questpoint has 11 consultants offering collaboration and integration services based on Microsoft technology and especially SharePoint, BizTalk og SQL Server. Questpoint’s management consists of the two profiled IT-industry veterans Mr. Shahzad Rana and Mr. Lasse Ruud that will lead the consulting arm of the combined company.

 

-We believe that this merger will open up many exiting opportunities ahead. Our experience shows that the market to-date has primarily focussed on the speed of search technology. But speed is only a small part of the end-user’s needs. We intend work to implement more intelligent search results – results that are relevant to the individual end-user’s context. The future holds not only intelligent search – but search technology intertwined with work processes resulting in intelligent systems support. We look forward to be part of IntelliSearch team realizing this concept, said CEO Lasse Ruud of Questpoint.

 

Positioning for a technological paradigm shift

The portal market is expected to undergo a dramatic shift in the next coming years. New technologies coined Web 2.0 and Web 3.0 will significantly improve customers portals and their underlying technology. IntelliSearch expects portals to move from a collection of static ‘one-size-fits-all’ web pages - to dynamic and personalized work-benches adapted to the individual end-user’s role, interests and interaction-history. Search technology is the key enabler of this change. IntelliSearch intends to take a leading role in this market. By adding consulting skills and services IntelliSearch expects to win important early-phase projects.

 

- The Questpoint agreement strengthens our competitive position in the market for large search technology-based portals. Questpoint’s competencies enable IntelliSearch to address the challenges customer faces when introducing Web 2.0 / 3.0 concepts in their next generation of portals, said CEO Mr. Harald Jellum in IntelliSearch.