CARNEGIE, PA -- September 1, 2002 -- NeuralWare, the leading provider of neural network software for the development and deployment of innovative and intelligent business analytics solutions, has released NeuralWorks Predict 3.0.

   NeuralWorks Predict is an integrated, state-of-the-art platform for rapidly creating and deploying prediction and classification models for business intelligence applications. Predict combines neural network technology with genetic algorithms, statistics, and fuzzy logic to automatically find optimal or near-optimal solutions for a wide range of problems. Predict incorporates years of modeling and analysis experience gained from working with customers faced with a wide variety of data mining, analysis and interpretation problems.

   While retaining its power and flexibility to quickly construct robust neural networks without having in-depth knowledge of the underlying technology, Predict 3.0 represents a complete upgrade of its intuitive user interface. All command and parameter views follow a property page paradigm, with related features and functions collected in easily identified pages.

   Also new in Predict 3.0 is a Kohonen Self Organizing Map (SOM) that allows development of sophisticated models that group data records sharing similar trends or patterns. Jack Copper, NeuralWare's CEO, says "the ability to 'cluster' data patterns opens Predict to a wide range of new applications. It also will improve existing applications by providing the ability to pre-process and group data patterns together prior to building specific prediction or classification models. We are excited about the 3.0 release of Predict because it is the foundation for our next generation of advanced technology software."

   Predict 3.0 has also been developed to be readily localized for international markets. A Japanese version of Predict 3.0 is currently available, and other localized versions are already in the works.

Contact: John Wavle
   412-278-6288
   Email: john.wavle@neuralware.com