Oxford, MS 3/30/2011 (Penny PayDay) – Power of the Dream Ventures (OTC:PWRV), a Hungarian-based technology acquisition and development company, recently announced, in a press release, that in4, Ltd, developers of iGlue, will participate at this year's 3rd annual GeeknRolla conference held today in London. Shares of Power of the Dream closed up 42 percent today at $0.51 per share on light volume. The company has a market cap of $26 million and a 52-week range between $0.07 and $0.67 per share.
"Following last year's award winning success at GeeknRolla, iGlue will again participate at this year's event. It was an incredible opportunity to be a part of the conference last year, and I am sure it will be again come March 30th. To further highlight the participation, iGlue will be launching a comprehensive new feature set at the show, including social media extensions, product couplings from Amazon.com and ebay to any iGlue database entity, and an expanded semantic database that has grown to twice its original size of twenty million entries," commented Mr. Rozsnyay, CEO of Power of the Dream Ventures.
According to the press release, iGlue is an online content manager that incorporates semantic search technology. It goes beyond today's language-dependant search-engines, tools that are only capable of identifying character-strings. iGlue recognizes and manages entities, not keywords. For example it can find "Alexander the Great" regardless of the language used -- search results will show "Alejandro Magno," "Büyük İskender," "Lissandru lu Granni" and "Nagy Sandor," as all variations refer to the same person as written in various languages.
"To further build on the social aspect of iGlue the new features to be launch at GeeknRolla will include: user generated annotations that will now incorporate results from popular sites such as Wikipedia, Yahoo, Google, Flickr and others in addition to results from iGlue's semantic database. Users will also be able to add comments, fostering dialogue on a multitude of topics," added Mr. Rozsnyay.
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