DGAP-News: artec technologies AG: artec technologies to build media search engine for Arabian world

artec technologies AG / Miscellaneous

21.06.2010 10:54 

Dissemination of a Corporate News, transmitted by
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Admission for tenancy in the Qatar Science & Technology Park (QSTP):

Diepholz, 21.06.2010 - the artec technologies AG, located in Diepholz,
Germany, and publicly traded at a number of stock exchanges in that
country, has just won approval for tenancy in the Qatar Science &
Technology Park (QSTP). The northern German company sought that approval
with the objective of developing, in a Qatar-German consortium, a media
search engine for the Arabian world.

After the search engine has been launched, its users will be able to search
in real-time for key words or names in audio and video content such as that
from TV and radio transmissions as well as web-TV. Through access to an
integrated multimedia database, the users will be able to search not only
current programs, but previous broadcasts as well.

Availability of the several million Euros necessary for funding the plan
has already been assured by investors in Qatar.artec technologies gained
access to such investors through the good offices of Global Investment
Bridge AG from Munich as well as the law offices of Siemund & Partners,
attorneys-at-law from Mühldorf/Inn and long active in Qatar.

The media search engine will be launched in the Autumn of this year.
Starting in 2011, artec technologies then plans to introduce the offering
into the consumer market. In its first stage, the novel media search engine
will primarily be offered to business customers from the Middle East and
North Africa (MENA). Initially, the service will enable users to search the
programs of around 300 TV and radio stations as well as the contents of
numerous web-TV offerings. The volume of the media contents to be searched
will be expanded continuously. On a long-term basis, the media search
engine will be made available to all interested parties within the Arabian
area. This comprises a market with around 86 mil. Internet users at present
(source: Internet World Stats).

'With the media search engine projected in Qatar, users will be able to
search media audio and video content as quickly and as simply as they can
now search texts and websites,' says Thomas Hoffmann, of artec
technologies' board of directors. 'The project is based upon technologies
which are patented in Germany and have enjoyed great success worldwide. In
combination with the investment policies of our committed partners from the
Gulf region, we have a unique chance to create and develop a media search
engine unparalleled in the world.

Qatar Science & Technology Park - 'Silicon Valley at the Arabian Gulf'

The Qatar Science & Technology Park (QSTP) is a thriving knowledge and
research hub established as a constituent part of the Qatar Foundation,
chaired by the wife of the Emir of Qatar, Her Highness Sheikha Mozah Bint
Nasser Al Missned. Through the targeted selection of innovative,
technology-based companies and projects which have already proven their
merit, the QSTP is already well on its way to becoming a driving force in
Qatar's journey towards a post-carbon economy for the entire region. The
ultimate objective is, through sustainable development, to transform Qatar
into one of the world's most advanced countries within two decades - a
leader in innovative education and research.

Licenses for tenancy at the park with its highly specified facilities are
granted only after exhaustive selection and evaluation of applicant
companies and their concepts. A select few, universally known companies
such as EADS, CISCO, Microsoft and others are already housed and operating
at the QSTP.

Thomas Hoffmann explains, 'We are extremely happy that the decision makers
at the Qatar Science & Technology Park were convinced by our concept. A
kind of Silicon Valley at the Arabian gulf is emerging there, and for us as
a young, innovative growth-stage enterprise to belong to this select circle
of resident companies is a great opportunity.'

Both state and private funds support carefully screened growth-stage
companies and their research projects. Together they combine to create a
vibrant R&D community dedicated to the further development of the location
and to the benefit of the Qatar community.

Media-search engine with enormous potential 

The future media search engine to be developed at the QSTP will provide its
users new means of access to media content of all types. The benefits: with
this search engine, companies and/or persons can research the most varied
media content according to their own themes and search criteria and then
document the results of their research. All of this will be done with a
minimum of effort and expense.

With the cutting-edge combination of multimedia database and search engine
which artec technologies has developed, broadcasts from TV and radio
stations can be searched both in real-time as well as years after the
original transmission. Likewise, diverse other contents, for instance the
recordings of university lectures, can be stored in the database and then
researched with artec technologies' search engine.

The basic principle of the search engine: all captured media contents are
simultaneously catalogued and digitally archived. Through integrated voice
recognition, speech is converted into text. Moreover, the search engine
gathers diverse additional information such as subtitles or program
information. All information in the stored video and audio data can
subsequently be searched according to key words, including personal names.
Users receive the results in the form of either short texts or video and
audio clips. Thanks to the various filters, the search can be refined with
extreme precision. Through the continued development of semantic content
analysis, the future accuracy of the media search engine will continue to
improve significantly.

'The media search engine evolving in Qatar promises enormous potential. It
will merge the medial contents of the entire Arabian region into one
comprehensive resource for the common advantage. Information from hundreds
of TV and radio stations is then just a click of the mouse away,' Thomas
Hoffmann concludes. 'We are convinced that our cooperation with our
partners in Qatar will lead this new concept to great success in the
search-engines market.'


About artec technologies AG 
artec technologies AG, (stock listing WKN: 520958) from the traditional
county seat of Diepholz close to Bremen, Germany, is active in the business
areas of 'Digital Video Security' and 'Digital Streaming Media'. The
company is a technological leader in system solutions for the digital
capture, analysis, storage and transmission of video, audio and data over
networks. In its 'Digital Video Security' division, the firm develops and
markets its brand-named MULTIEYE multifunctional solutions for digital
video surveillance. In its second area of activity, artec technologies AG
develops and markets its trade-marked product 'XentauriX', a streaming
media and IPTV software and hardware platform. This is primarily used in
the broadcasting and internet TV branch, for example as a solution for the
live recording of TV transmissions. Its products, with brand names such as
'XBL Broadcast Loggers', are used to create VoD (Video on Demand)
production systems for IPTV organizations. artec's know-how and its great
technological head-start in these areas of broadcast and IPTV are used
consistently to innovate its video surveillance systems. At present, close
to 15,000 of artec's systems are deployed in the two business areas around
the world.



About GIB

The Global Investment Bridge AG was founded in 2007. Together with its
branch in Russia it forms a network of entrepreneurs from Germany, Russia
and Qatar already successfully established and operating on the market. GIB
AG accompanies technology and finance companies into the Russian and Gulf
states markets. Furthermore, GIB AG develops regenerative energy projects
in the European Union and in Turkey, for subsequent financing.





About Siemund & Partner Rechtsanwälte

Siemund & Partner Rechtsanwälte was founded in 2006 with the focus on
international business consultancy. Experienced in the international
commercial law, from the beginning the lawyers set their focus on the
evolving Gulf-region, especially the State of Qatar. Cooperating with local
partners in Qatar, the law firm is embedded in a network facilitating the
access to this emerging market for its clients. Beyond that the law firm
particularly counsels German companies developing technical and
regenerative energy projects in Europe.


Contact:
Press Desk
Tel: +49 (0) 54415995-16
Thomas.Hoffmann@artec.de
artec technologies AG
Mühlenstr. 15 -18
D-49356 Diepholz





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