DALLAS, June 24 /PRNewswire/ --

- Multiple-industry application identifies patterns of significance from 
minimal data sets to enable early warning risk detection and intelligent risk 
aware management for the Enterprise

The human eye cannot recognize the anomaly you just read. Every seventh
word in this press release could be one one-hundredth smaller than every
other word. Identifying patterns of significance from minimal data sets has
profound implications for uncovering inefficiencies or fraud within a
technologically complex world and requires locating granular differences,
differences that at first glance may seem insignificant.

Texert, an innovative enterprise risk management software provider,
recently closed the deal to acquire a license to GE's Anomaly Detection
Technology (ADT). ADT is innovative, patented software that was developed
upon years of research and development at the GE Global Research Center in
Niskayuna, NY.

"We are pleased to work with Texert and New Venture Partners to bring
this proven, patented technology to the commercial marketplace. There are
limitless applications utilizing ADT to enable corporations to manage risk
and compliance," stated Rusty Irving, GE Global Technology Leader for
Computing and Decision Sciences.

ADT can be used in cyber-security applications to provide near real-time
risk warnings and alerts for monitoring systems and networks. Some additional
applications include the detection of questionable securities trading
patterns or identification of anomalies in major utility projects. ADT
enables proactive business critical responses while optimizing current
strategies. Fund managers, banking institutions, energy and utility
providers, health care companies, and federal agencies will benefit from the
greater analysis, accurate interpretation, and early anomaly detection.

ADT forms the basis for Texert's innovative new RiskPredictor(TM)
product. RiskPredictor complements Texert's J-Port(R) GRC offering and
provides Texert with the most advanced, next-generation solution to enable
corporations to manage risk more effectively, meet regulatory requirements,
and improve business performance. RiskPredictor securely enables the
corporate enterprise with early warning risk detection capabilities.

Texert's RiskPredictor provides:

    - Comprehensive risk forecasting and predictive capabilities,
    - Accurate pinpoint of risk anomalies using small data sets (as few
      as 5 to 8),
    - Clearer interpretation of anomalies through advanced implementation of
      Z-scores,
    - Patented algorithms to identify hidden patterns within anomalies, and
    - Solutions to communication failures for complex and hidden
      risk.



"Leveraging New Venture Partners' relationship with GE to acquire and
commercialize this patented anomaly detection technology is further evidence
of Texert's commitment to help corporate enterprises transform current risk
management approaches," stated T. Curtis Holmes, President and CEO, Texert.
"We are very excited about the role that RiskPredictor will play in leading
the way to early warning risk detection."

About Texert

Texert is a leading provider of enterprise risk management (ERM) software
solutions. Texert's J-Port(R) GRC is the next-generation Governance Risk and
Compliance solution that enables a comprehensive, intelligent view of risk
across the entire organization. Global customers spanning various industry
verticals are utilizing Texert's J-Port (R) GRC software to consolidate risk
assessments, governance and internal controls into a synchronized risk-aware
platform.

For more information please contact us at info@texertinc.com or visit our
website, www.texertinc.com .

About GE Global Research

GE Global Research is one of the world's most diversified industrial
research labs, providing innovative technology for all of GE's businesses.
Global Research has been the cornerstone of GE technology for more than 100
years, developing breakthrough innovations in areas such as medical imaging,
energy generation technology, jet engines and lighting. GE Global Research is
headquartered in Niskayuna, New York and has facilities in Bangalore, India,
Shanghai, China and Munich, Germany. Visit GE Global Research at
www.ge.com/research.

About New Venture Partners

New Venture Partners LLC, the global venture capital firm dedicated to
corporate technology spinouts, has over US$700 million under management. New
Venture Partners provides a bridge between technology corporations and
traditional venture capital. Through its unique, hands-on approach, the firm
offers a systematic process for commercializing innovations and provides an
alternative path to market for corporate technologies. The New Venture
Partners team has completed over 50 spinouts from the R&D labs and business
units of global technology corporations including Lucent/Bell Labs, British
Telecom, Philips Electronics, Agere, Boeing, Freescale Semiconductor, Intel,
Telstra, and others, and has become the benchmark for corporate spinout
venturing. www.nvpllc.com