Recently, we had an opportunity to go to DEMO, which is a showcase of new up and coming technology companies. It was a spectacular event for companies to present new products to the media and investment community. Unfortunately, we first launched the newest version of our software a few months ago and could not launch at DEMO. Nonetheless, Alitora was invited as a non-presenting attendee to participate in the conference and evaluate it for a future product launch.
The technologies varied but there was very good buzz around semantic technologies. Primal Fusion launched their Alpha consumer product to very positive reviews and we hope to see great things from them in the future.
The general feedback from investors and corporations is that semantic technology is extremely valuable in business and is going to grow this year, despite the economy. We met with several people involved with semantic companies including Metatomics, Siri, Semantic Universe and Radar Networks who are all seeing a serious uptick in business in the last few months. Also, there are numbers of semantic mobile applications that will be coming out for both the iPhone and Blackberry in the next few months. Look forward to smart phone becoming smarter.
All in all it was a very successful trip and we are looking forward to going back.
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