Bioalma to Exhibit novo|seek at Bio-IT World Conference & Expo

MADRID, SPAIN--(Marketwire - April 20, 2009) -

News Facts:

-- Bioalma today announced that it will be exhibiting at the Bio-IT World Conference & Expo being held April 27-29 at the World Trade Center in Boston.

-- At booth #111, Bioalma will be exhibiting novo|seek, its new biomedical research tool that offers a powerful alternative to traditional information retrieval systems such as PubMed. Novo|seek has been embraced by the life sciences community since its introduction in February, experiencing a weekly average increase in web traffic of 60 percent.

-- Bioalma has continued to add significant functionality to novo|seek, including the ability to search grant information across more than 75 institutions including the U.S. National Institutes of Health (NIH), serving as an invaluable resource for locating research funding.

-- The company will have its new whitepaper available, "Leveraging Text-Mining Based Search to Navigate Biomedical Literature," which details the pros and cons of various ways in which to search biomedical information, such as text mining, natural language processing, information extraction and knowledge discovery, and how novo|seek leverages text mining to offer an easy to use, and efficient search system for biomedical literature and grant information.

Tags/keywords: biomedical research, text mining, information extraction, Bio-IT World, life sciences, NIH, PubMed

Supporting Resources:

For more information on novo|seek, please visit: http://www.novoseek.com.

To download the corporate backgrounder, please visit: http://www.novoseek.com/info/ns_backgrounder.html

novo|seek Twitter feed: http://twitter.com/novoseek/

novo|seek Facebook group: http://www.facebook.com/pages/novoseek/101834395337

novo|seek LinkedIn group: http://www.linkedin.com/groups?gid=1699237&trk=hb_side_g

About novo|seek

Novo|seek is a dynamic information extraction system for searching the published knowledge in biomedical literature.

Novo|seek indexes the biomedical literature with text mining technology built by Bioalma that identifies key biomedical terms taking into account external available data and contextual term information. As a result of this indexing technology, novo|seek retrieves every document where a term is mentioned no matter the synonym used and discards those documents where the term is used with an unwanted meaning.

About Bioalma

Located in Madrid, Spain, Bioalma is an IT company specialized in the research and development of biomedical software.

Bioalma was founded in 2000 as a spin-off of a bioinformatics group in the National Center of Biotechnology and a privately-held company, as part of the Bionostra group. Bioalma prides itself on an elite team of well-known, internationally-leading scientists as part of its scientific committee and has successfully marketed its technology to different research institutions, universities, pharmaceutical and biotech companies, including National Institutes of Health, Universidad Nacional Autonoma de Mexico, Roche and Althea Technologies.

Bioalma is a privately-owned company, part of the Bionostra group. The Bionostra Group is composed of four companies that share the common objective of being leaders in the biotechnology and bioinformatics sectors. Its main activity is scientific research focused on the development of new technologies, products and biotechnology services within the field of human health. Bionostra Group is composed of Bioalma, ChimeraPharma, Bionostra and Microbionta.