MOUNTAIN VIEW, California - October 6, 2003 -- Attensity Corporation, an emerging leader in data analysis software, today announced the closing of $12 million in funding. The company's series B financing was led by Palomar Ventures, with additional investors including In-Q-Tel, the strategic investment arm of the U.S. Central Intelligence Agency, Jefferson Partners, The Entrepreneurs' Fund, Highway 12 Ventures, Triangle Venture Capital Group and Village Ventures. Palomar Ventures partner Amanda Reed will join the company's board of directors.

Attensity delivers technology that enables government intelligence organizations and durable goods manufacturers to tap into the information value of unstructured text - such as field notes, written reports, warranty claims, customer feedback and field service records - which represents more than 80% of all government and corporate information. The company's patent-pending software 'reads' this unstructured text at over 100 pages per second, with up to 95% accuracy, and then transforms this data into a relational form that can be joined with structured information and analyzed in an automated manner. The technology enables government agencies and corporations to get a more accurate picture of external events, from national security threats to product quality feedback.

The latest funding will be used to further strengthen Attensity's technology development, and aid in aggressive customer acquisition in the government and homeland security community, as well as the commercial durable goods sector. According to Charles H. House, chairman of the board for Attensity, "Automated analysis across both structured and unstructured data not only is one of the great technological challenges of the past decade, but also the key to the next wave of enterprise software applications that will deliver better and faster visibility into what's happening and why for both government intelligence concerns and businesses."

Gail Leese, director of performance and quality at Deere and Company, an Attensity customer, praised the advantages of the technology. "One of Deere's core values is quality, and we're proud of the quality products we are able to provide our customers. Yet we're always seeking new paths for improvements," Leese stated. "Our field and service technicians collectively represent a wealth of knowledge and good ideas to help us deliver value to our customers. One way they provide input is through direct language, in the form of text submitted electronically. In a company our size, interpreting all that input is a massive amount of reading. Software tools enabling interpretation of a large amount of unstructured text are now practical, as well as being a quantum leap forward to truly mining the richness of this information," she concluded.

Additional Funding From In-Q-Tel
The company's second round of institutional investment also represents the second time that In-Q-Tel, a private, non-profit enterprise funded by the Central Intelligence Agency, has invested in Attensity's technology. In-Q-Tel identifies and invests in cutting-edge technology solutions that serve U.S. national security interests. Explaining the decision to re-invest in the company, Gilman Louie, CEO of In-Q-Tel, said, "The Attensity solution has and continues to generate substantial traction across the government community. We clearly believe in the value this emerging technology delivers to our government customers, and are pleased to list Attensity among our portfolio of innovative organizations."

Amanda Reed Joins Attensity Board of Directors
In conjunction with the funding, Amanda Reed of Palomar Ventures will join Attensity's board of directors. Reed brings extensive operational experience with enterprise software organizations, as well as a broad background in corporate brand development, product marketing and communications. "Amanda Reed is a welcome addition to the board and our strong lineup of investors who recognize the enormous market opportunities in delivering competitive advantage to a high-profile group of government intelligence organizations and G2000 durable goods companies," concluded House.

About Attensity Corporation
Attensity Corporation is an emerging leader in advanced data analysis software for government agencies and commercial enterprises. Attensity's solutions blend, for the first time, structured and unstructured data to speed response to important external events that, until now, have been difficult to detect and analyze.

Government intelligence and homeland security agencies rely on Attensity to help detect and prevent potential threats by structuring and analyzing the vast amounts of text found in written reports, communications, open source documents and other data feeds. For durable goods manufacturers, Attensity's quality chain automation solutions reduce warranty cost and facilitate continuous product improvement by detecting and analyzing valuable - and often overlooked - information hidden among structured and unstructured data sources, such as warranty claims, customer feedback and field service records. Attensity Corporation is a privately held company with dual headquarters in Salt Lake City, Utah and Mountain View, California.