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FOR
IMMEDIATE RELEASE
FMS Announces Strategic Investment and Licensing
Agreement with In-Q-Tel
In-Q-Tel
Invests in Northern Virginia Firm
Vienna, VA,
October 14, 2005 –
FMS, Inc., an award-winning company with 19 years of experience
delivering proven solutions to a wide range of customers, today
announced that it has entered into a strategic agreement with
In-Q-Tel, a private venture enterprise funded by the Central
Intelligence Agency (CIA). After conducting exhaustive
customer, industry, management, and technical due diligence,
In-Q-Tel has identified FMS’s Sentinel Threat Management System
(TMS) software and the company’s experience as having
significant potential to address the needs of the U.S.
Intelligence Community.
“FMS provides unquestioned expertise in
database applications and a highly innovative technical team
from the commercial sector to address our national security
needs,” said Gilman Louie, President and CEO of In-Q-Tel.
“In-Q-Tel is very pleased with its partnership with FMS and sees
great value in its extremely powerful, easy-to-use Sentinel TMS
technology.”
FMS’s Sentinel TMS software analyzes and
ranks people, transactions, events, organizations, and other
criteria, assigns relative values to those connections, and
develops a dynamic picture of the relationships. The results can
be simultaneously viewed by importance, reliability, timeframe,
location, network, and other definitions of interest. Designed
to accept data from various sources and integrate with other
third-party software, Sentinel TMS allows users to correlate
various forms of information with sophisticated real-time
analysis in one intuitive and easy to use interface. The
Sentinel TMS software is a robust solution that provides highly
accurate analysis resulting in actionable intelligence.
“We are extremely honored that In-Q-Tel
recognizes the potential of our work and excited to create
software solutions that helps ‘connect the dots’ –
addressing a critical national security need,” said, FMS
president and founder Luke Chung. “By leveraging our experience
with database solutions in the commercial sector and
incorporating scientific methodologies like social network
analysis to deal with fuzzy data, we created Sentinel TMS and
introduced it to the federal government. Our partnership with
In-Q-Tel will further enhance our technology and expand the work
we do with the Intelligence Community.”
The FMS Advanced Systems Group began
shipping Sentinel TMS last year and has a strategic roadmap of
enhancements, products, and ancillary services – many of which
are already being tested. Version 3.0, which includes increased
security, next generation temporal views, and other new
features, was recently released. FMS also supports
mission specific requirements which involve customized
interfaces or additional features required by some users.
ABOUT FMS
The FMS Advanced Systems Group is a
division of FMS, Inc. an award-winning small minority-owned
business founded in 1986. With tens of thousands of customers,
FMS applications are widely used by commercial and government
organizations in the US and over 100 countries. The Sentinel
Threat Management System offers advanced analysis,
visualization, and knowledgebase solutions to the Federal
Intelligence Community. In addition, the FMS Advanced Systems
Group provides solutions in the area of Geospatial/Temporal
Analysis and Situational Awareness by combining cutting-edge
science with intuitive user interfaces. FMS is a Microsoft Gold
Certified Partner, a member of the Oracle Partner Network, an
Intel Early Access Program Member, and was named to the
inaugural Software Development Times list of 100 Top Software
Innovators and Leaders list. Please visit
www.fmsasg.com for more information.
ABOUT IN-Q-TEL
In-Q-Tel was established in 1999 to
identify and deliver transformative technologies to the CIA and
the Intelligence Community. In-Q-Tel’s mission is to
identify and help solve some of the toughest challenges faced by
the Central Intelligence Agency and the Intelligence Community.
We leverage the creativity of the private sector, academia and
national labs to seize new opportunities, to see problems
differently, and to solve them in new ways. Learn more at
www.in-q-tel.org
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Contact
Information:
FMS Advanced Systems Group
Dan Haught, Executive Vice President
703-356-4700
danny@fmsasg.com |
