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Article: Cognitive Systems receives case-based reasoning contract from DARPA; announces new product capability. (Defense Advanced Research Projects Agency)
- Article from:
- PR Newswire
- Article date:
- August 24, 1988
CopyrightCOPYRIGHT 1988 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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COGNITIVE SYSTEMS RECEIVES CASE-BASED REASONING CONTRACT FROM DARPA;
ANNOUNCES NEW PRODUCT CAPABILITY
NEW HAVEN, Conn., Aug. 24 /PRNewswire/ -- Cognitive Systems, Inc. (NASDAQ: CSAI) announced today a new contract with the Defense Advanced Research Projects Agency (DARPA) to fund research on Case-Based Reasoning.
The contract calls for initial funding of approximately $1 million and includes two one-year options, renewable by DARPA. The first option would be effective Feb. 1, 1989 with funding of approximately $1,700,000 with the second option being effective Feb. 1, 1990, with funding of approximately $2,300,000. The ...