Oct 27 2007
SurfRay acquires Mondosoft A/S: Creates Global Player in Search Technology Market
With the acquisition of Mondosoft, SurfRay’s position is greatly strengthened as a global provider of search technology. Covering DB systems, Internet, intranets and extranets, SurfRay offers solutions to almost every technical environment. SurfRay has doubled the number of employees and increased its customer base to almost 1,500 installations.
Mondosoft’s MondoSearch technology highly complements SurfRay’s solutions and will merge into a comprehensive product suite. With the acquisition of Mondosoft A/S we now have the ability to serve our combined global customers on a more comprehensive level with offices in San Francisco, Atlanta, Stockholm, Vienna and Copenhagen.
It’s a true win-win situation. At this point in the evolution of the search market it makes a tremendous amount of sense for us to join forces in capitalizing on our complimentary capabilities and strengths and creating an overall stronger company. We will become an essential player on the global volume market for search technology on the windows platform 
said Martin Veise, CEO of SurfRay. The new combined company will continue to support all Mondosoft customers. Existing contracts may be extended without changes. All current Mondosoft employees will continue in their existing positions. Martin further explains:
The market for search technology will continue to grow rapidly. With the exponential increase of information on company networks and the larger capacity of processors, memory and storage, the ability to identify and navigate data becomes increasingly critical. Only if information is accessible in the right context at the right time can it be transformed to knowledge and competitive advantage. With the consolidated resources of Surfray and Mondosoft we are in a unique position to meet this demand
and continues
SurfRay will also strengthen Ontolica by separating it into an independent business unit. This separate entity will be completely focused on extending and enhancing search in the burgeoning SharePoint market. Ontolica will look to expand its lead by offering even more functionality through significant development including reporting and categorization modules.
SurfRay has a clear strategy for expanding the presence of its search technology, and the Ontolica products, worldwide. We will continue to invest heavily on both the US and European markets and further drive our position as a leader.
said Mark Bernquist, SVP at Surfray
About SurfRay:
SurfRay is a leading developer and distributor of technology that make it possible to search structured, semi-structured and un-structured data in real-time. SurfRay has delivered solutions to some of Europe’s largest .NET installations and to large sites in both the private and the public sector worldwide. Surfray is a private owned company with headquarters located in Copenhagen, Denmark.
Go to SurfRay website
About Mondosoft:
Mondosoft is a leading developer of enterprise search, analytics and site optimization products to make Web sites, intranets and portals easier to navigate and to provide feedback for improved site quality and efficiency. As a Microsoft Gold Certified Partner, Mondosoft products are seamlessly integrated with Microsoft's Enterprise servers. Mondosoft has dual headquarters in Copenhagen, Denmark and Atlanta, GA.
For further information please contact:
Martin Veise
Chairman of the Board
Phone: +45 268 533 00
Press Contact -
About Mondosoft