Thursday, July 26, 2007

FP7 funds LarKC Proposal of Saltlux Consortium

Saltlux Inc. (Saltlux) announces that the LarKC Proposal made by the consortium for which Saltlux joined as one of the member organizations has been accepted and will be funded by FP7, the Europe’s largest research programme. Totally 22 proposals had made competition and only 4 of them including LarKC Proposal were selected for receiving the fund by the programme. Saltlux’s involvement in this consortium for the Europe’s largest research fund project established a new record among Korean business organizations to the European programmes.
LarKC is the consortium project with the participation of Saltlux, WHO, Siemens, CYCORP, UIBK, University of Sheffield, AstraZeneca and other world renowned institutions under the contribution of distinguished research scholars in the world including but not limited to Drs/Profs Frank Van Harmelen, Dieter Fensel and Hamish Cunningham.
It is forecasted that the innovative technological basis for the next generation intellectual mobile service system and the bio-medical research will be completed by the time of project ended.
Saltlux’s role in this project is to create use cases through utilization of Saltlux’s proprietary [IN2]SOR and reasoning engine.
Because of the safe landing into this European project of 1,029 Million Euros for 4 year from December this year, Saltlux is to be qualified and reliable for direct application to any European research funds. Saltlux is further to show its highly advanced technology of reasoning engine of core semantic technology in the outsized capacity environment.
Through this project Saltlux will form a cooperative network with the world renowned organizations such as CYCORP, WHO, Siemens, AstraZeneca, UIBK, University of Sheffiield and others.

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