DENVER, May 23, 2011 /PRNewswire/ -- AlchemyAPI (www.alchemyapi.com), a leading provider of natural language processing technology, today announced major performance and feature updates to its popular text-mining web service.

AlchemyAPI is a SaaS platform that enriches textual content through automated tagging, categorization, linguistic analysis, and semantic mining.  Available as both a free online API and commercial subscription service, AlchemyAPI is used by news aggregators, social media monitoring companies, and contextual advertising firms world-wide to understand, organize, and monetize online content.

"AlchemyAPI has earned a reputation as one of the fastest natural language processing solutions available anywhere," said CEO Elliot Turner.  "This release further advances the state-of-the-art, offering nearly 100% faster text analysis performance while simultaneously increasing linguistic accuracy."

Built to power a growing number of time-sensitive business applications, such as real-time stock trading and information routing, AlchemyAPI's latest update further advances its performance lead over competing platforms, providing the ability to analyze hundreds of documents per second with extremely low latency.

Natural language processing functionality has also been significantly expanded, with the addition of new co-reference resolution capability and improved entity disambiguation functionality.  "AlchemyAPI's co-reference engine is among the most advanced available anywhere," Turner stated.  "These updates improve document analysis accuracy and provide increased clarity to customers analyzing unstructured information assets."

Performance and feature updates are available immediately to all AlchemyAPI users.

To learn more about AlchemyAPI, please visit: http://www.alchemyapi.com/.

About AlchemyAPI:

AlchemyAPI is a leading provider of semantic tagging and content-mining solutions, helping companies world-wide enhance, understand, and better-leverage their textual information assets. The AlchemyAPI web service provides publishers with the tools and capabilities necessary to compete in today's highly-interconnected global information economy. AlchemyAPI's content-mining platform provides advanced natural language processing and information extraction capabilities not found in competing solutions.

Contact:
Media Relations: Shaun Roach
sroach@alchemyapi.com
(303) 242-8840

SOURCE AlchemyAPI

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