In-Q-Tel and Basis Technology Sign Investment and Development Agreement

Apr 13, 2004

In-Q-Tel, a private not-for-profit venture group funded by the Central Intelligence Agency, and Basis Technology, a provider of software solutions for multilingual text mining and information retrieval applications, have signed a strategic investment and development agreement, including licensing. Basis Technology and In-Q-Tel will work together to provide multilingual information management solutions to the Intelligence Community. Launched in 1999, In-Q-Tel's mission is to identify and invest in companies developing cutting-edge technologies that serve United States national security interests.

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