Campbell, CA, September 10, 2008 – UpdatePower® Corporation today announced multiple agreements with LexisNexis®, a member of Reed Elsevier [NYSE: ENL; NYSE: RUK] and a leading global provider of information services and solutions, to deliver executive content for both private and public companies with automated updating capabilities. UpdatePower will provide LexisNexis with services to deliver accurate profiles on executives and enhanced company analysis through the LexisNexis family of products.
UpdatePower indexes over three-million companies and manages nearly a billion trusted Web source pages to create the world’s largest “live” company index. The neural mappings to these companies creates a direct company network which enables the UpdatePower automated platform to filter, track and verify changes in the companies as they are occur, supporting company and executive verification. As a result, accurate, real-time business intelligence is generated and delivered
“Our customers are looking for deep company profile information, and equally important, a major driving force is accurate and quality executive intelligence. Rapid verification of executives is key to ensuring LexisNexis delivers quality decision-makers and influencers,” said Michael Browning, director of content for LexisNexis. “UpdatePower delivers a powerful content automation platform and seamless integration with our highly skilled analysts, enabling LexisNexis to track and monitor executives in rapid fashion with extreme accuracy.”
“We’re delighted to have LexisNexis as a long-term valued partner,” said Greg Migaki, president and CEO of UpdatePower Corporation. “Our automated technologies and customized content platform supporting LexisNexis products allows their clients to stay well informed with the right information, which is critical for successful account management, opportunity awareness and prospecting activities.”