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The
SBIR Program funds small businesses to stimulate technological innovation and
thus strengthening the role of small business in meeting Federal R+D needs.

PRESS RELEASE Oracle Development Tools User Group to Include Non -Oracle Tools



In a letter to its members, the ODTUG board underscored its commitment to
staying on the cutting edge of technology.

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Equbits advisors Professor Trevor
Hastie and Dr.

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Equbits Receives Phase I SBIR Grant from National Science Foundation

" He adds,
"This is not a dramatic change in our mission as we have included education
on third-party tools in the past. Anstey summarizes his feelings
about the organization's metamorphosis: "I'm proud to be leading ODTUG at
this pivotal moment I think that by making this bold move we're doing
what's necessary to help our community become more knowledgeable,
competitive, and prosperous.

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CONTACT: Ravi Mallela, Founder , Equbits LLC ravi@equbits. And that's a very good thing to do.

A statistically-based learning theory used in pattern recognition, regression estimation, and linear operation inversion.

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However , we are seeking not only to
sharpen our focus but also to expand our perspective and value to our
members. As the
industry changed, so did ODTUG.

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Founded in 2003, a privately held
company , Equbits is headquartered in Palo Alto, California.

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com Phone:
510-593-3223.

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Anstey describes the changing environment like this: "The space in which
ODTUG members operate has grown exponentially more complex.
Members consistently report that the web site (www.

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SAN FRANCISCO, Equbits announced today that they
have been awarded a Phase I SBIR Grant by the National Science Foundation.equbits .

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There are
hundreds of tools, methods, and technologies out there, and the development
environment is more heterogeneous and complicated than ever.

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To learn more about the Equbits, go to http: //www. The 17,000-member
organization remains an "Oracle-centric" community, but now its members can
expect to receive technical information on other tools that impact their
technical environments . It expanded its scope to embrace other
Oracle development tools such as Forms and Reports."

ODTUG is an independent, not-for-profit, worldwide organization dedicated
to enhancing "Oracle -centric" professionalism as well as methodology,
software process management, analysis and modeling , data warehousing,
business process design, and web development skills.

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"

Originally founded as the Oracle CASE Special Interest Group, ODTUG
concentrated on a very specific and narrow tool -- Oracle Designer.

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Receiving the grant validates Equbits
technical approach and thought leadership in applied non-linear modeling
technology to pharmaceutical drug discovery.

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This research will further develop Equbits software engine's ability to bring
new levels of interpretability to non -linear predictive modeling methods,
including Support Vector Machines.
David Anstey, president of the Oracle
Development Tools User Group (ODTUG), announced that ODTUG is expanding its
technical coverage to include non-Oracle third-party products and tools
that develop applications for use with Oracle databases.

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Isabelle Guyon will lend support in advancing Equbits'
capabilities in this area .

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One of the challenges faced by computational chemists is improving the
accuracy and interpretability of models. Today, the relentless
pace of technology has necessitated yet another institutional
transformation .

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com), the highly
regarded ODTUG Technical Journal, and the annual conference are exceptional
benefits .

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About Equbits: Equbits applies advanced machine learning techniques to
QSAR predictive modeling in an easy to use, intuitive software application
geared towards pharmaceutical chemists. ODTUG sponsors the
world's most widely used electronic mailing lists for development tools .

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