Convera Signs Institutional Investor As First Financial

Services Media Company; Media Firm Will Use Convera's Search Technology To 
Develop Content Areas and Attract Users 
VIENNA, Va.--(BUSINESS WIRE)--March 8, 2006
Convera Corporation (NASDAQ:CNVR), a leading provider of
search technologies to commercial enterprises and government agencies,
today announced Institutional Investor has signed a contract to use
Convera's new Excalibur Web Index and Search service on its Website
www.institutionalinvestor.com. 
Convera recently announced the signing of its first three
commercial customers - CNET, HighBeam and Vivisimo - for Excalibur, a
new software search product adapted for Internet use from technology
originally developed to help national security and government agencies
find detailed information in their massive unstructured databases. 
The terms of the Institutional Investor deal were not disclosed. 
About Convera 
Convera is a leading provider of search technologies to commercial
enterprises and government agencies. Through its two offerings,
Excalibur(TM), a newly developed Web search solution and
RetrievalWare(R), its enterprise search product, Convera offers unique
search technology capable of providing an integrated results page
derived from both intranet and Internet content. Convera's
technologies manage vast stores of structured and unstructured
information that exist within internal repositories and on the Web by
providing highly scalable, fast, accurate and secure search
capabilities across text, video, image and audio information, in
multiple languages. More than 900 customers in 40 countries rely on
Convera search solutions to power a broad range of mission-critical
applications. For more information, contact Convera at 800-755-7005,
via e-mail at info@convera.com or on the Web at www.convera.com. 
This release, including any statements from Convera personnel,
contains statements about Convera's future expectations, performance,
plans, and prospects, as well as assumptions about future events. The
reader is cautioned not to put undue reliance on these forward-looking
statements, as these statements are subject to numerous factors and
uncertainties, including without limitation, business and economic
conditions and trends; the ability to continue funding operating
losses; fluctuations in operating results including impacts from
reduced corporate IT spending and lengthier sales cycles; continued
success in technological advances and development including the
Excalibur Web initiative; possible disruption in commercial activities
caused by terrorist activity and armed conflict, such as changes in
logistics and security arrangements; reduced customer demand relative
to expectations; competitive factors; and other risk factors listed
from time to time in the company's reports to the Securities and
Exchange Commission. Actual results may differ materially from our
expectations as the result of these and other important factors
relating to Convera's business and product development efforts, which
are further described in Convera's filings with the SEC. These filings
can be obtained from the SEC's website located at www.sec.gov. Any
forward-looking statements are based on information available to
Convera on the date of this release, and Convera assumes no obligation
to update such statements. The Convera design logo and the following
are worldwide trademarks of Convera: Convera(R), RetrievalWare(R),
Excalibur(TM) and Screening Room(R). The names of actual companies and
products mentioned herein, if any, may be the trademarks of their
respective owners. 
CONTACT:
Convera Corporation
 by
Burson-Marsteller
Andrew Nibley, 212-614-4399
andrew_nibley@marsteller.com
 
 
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