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THETUS ANNOUNCES STRATEGIC INVESTMENT AND DEVELOPMENT AGREEMENT WITH IN-Q-TEL

Sept. 2005

Thetus Corporation, a developer of knowledge discovery software solutions, today announced a strategic investment agreement with In-Q-Tel, an independent, non-profit venture group established by the Central Intelligence Agency (CIA).

Thetus Publisher, the company’s flagship product, provides a comprehensive solution for organizations looking to derive maximum value from ever-increasing quantities of non-text data gathered from a variety of sources such as remote sensing instruments and other devices. Thetus Publisher combines proactive knowledge description with powerful search and collaboration tools, enabling users to quickly and easily access, share, and utilize relevant information.

Danielle Forsyth, CEO of Thetus Corporation, co-founded the company in 2002 after recognizing the gap between the explosion of high-value non-text data and the ability of organizations to cost-effectively leverage that data. “The evolution from non-text data to knowledge discovery requires intelligent, automated systems that streamline the knowledge management process and provide intuitive tools for searching and accessing information.”

“Our software’s unique ability to identify the non-obvious relationships between data elements translates very well to the information gathering process,” added Forsyth. “Thetus Publisher constantly enhances knowledge structures as data enters the system, enabling our customers to access relevant real-time search results and discover new relationships between information.”

“We are looking to identify innovative technologies that will effectively and efficiently leverage the proliferation of non-text data collected by the global information gathering network,” said Gilman Louie, President and CEO of In-Q-Tel. “Thetus’ innovative approach has the potential to dramatically improve the way in which the Intelligence Community capitalizes on its vital information assets.”

About Thetus Corporation
Thetus Corporation develops knowledge discovery software solutions designed to keep pace with the exponential growth of high-value non-text data. Thetus Publisher, the company’s flagship product, provides a comprehensive infrastructure for managing and discovering large volumes of information collected by sensors and other instruments. Organizations from a broad range of industries rely on Thetus solutions to discover and exploit their vital knowledge assets. Founded in 2002 and led by a management team with decades of enterprise software experience, Thetus remains firmly committed to providing automated, scalable, and customizable solutions that enable organizations to maximize their return on data collection investment.