 |
Contact: Paul Macchia Fusion Public Relations +1 212.651.4216 paul.macchia@fusionpr.com Samira Abrari Corticon Technologies, Inc. +1 650.212.2424, ext. 247 pr@corticon.com |
CORTICON VALIDATES CORE DIFFERENTIATION WITH PATENT AWARD
Patent Issued for Business Rules User Interface for the Development of Adaptable Enterprise Applications
REDWOOD SHORES, CA., April 11, 2006 —Corticon® Technologies, a leading provider of business rules management systems (BRMS), today announced the issuance of United States Patent 7,020,869: "Business Rules User Interface for Development of Adaptable Enterprise Applications." The patent relates to the numerous innovations introduced in the award-winning Corticon Business Rules Modeling Studio, a core part of the Corticon BRMS.
Corticon's BRMS is used to model and automate repeatable business decisions, such as 'what loan rate to offer'; 'what resource to assign'; or 'what treatment to render'. Corticon Studio enables these decisions to be described as user-friendly business rules, such as: 'High value customers receive our best loan rate', rather than requiring a programming language. The patent covers many innovations introduced in Corticon Studio, such as a powerful decision table editor to describe even the most sophisticated rules with relative ease; analysis features to identify errors such as incomplete or conflicting rules; and user-friendly testing tools.
"The award of this patent is particularly meaningful to the Company," said co-inventor Dr. Mark Allen, Founder and CEO of Corticon Technologies. "Corticon is uniformly recognized for our unique model-driven approach to business rules creation and automation. This patent is at the core of our differentiation, which enables both tremendous developer productivity as well as accessibility to non-technical users."
Numerous customer projects across diverse industries including Financial Services, Insurance, Healthcare and Telecommunications have demonstrated a 10-time improvement in developer productivity relative to alternative approaches to business rules automation, credited to the innovations described in this patent. Corticon's technology empowers a much broader developer community, that has resulted in a dramatic increase in IT and business collaboration.
"We built our solution to fundamentally improve how decisions are automated and how business rules are created," said co-inventor Pedram Abrari, Founder and CTO of Corticon. "I believe that this patent award appropriately recognizes the significance of that innovation."
About Corticon Technologies, Inc.
Corticon's Business Rules Management System gives companies the ability to model and automate recurring decisions within their enterprise systems. Many of the world's most successful organizations rely on Corticon-powered solutions to drive IT efficiencies and operational excellence through decision automation. Consistently recognized as a leading rules vendor by industry analysts and thought leaders, Corticon's patented BRMS is the only solution with a model-driven design environment that guarantees the consistent, efficient and reliable execution of a company's business rules and policies. Corticon is a privately held company headquartered in Redwood Shores, CA, with worldwide distribution through an extensive partner network. Corticon's products are in use today at many of the world's largest banks, insurance carriers, media companies, telecom providers and government organizations, collectively automating millions of decisions per day. Corticon can be reached at www.corticon.com or at +1-650-212-2424.
