Convera Announces Addition to Senior Management Team, Changes to Business Structure.

Business Editors/Hi-Tech Writers

VIENNA, Va.--(BUSINESS WIRE)--May 24, 2001

Ben Plummer Joins as Senior Vice President, Marketing; Consolidations Streamline Sales, Engineering and Integration Services

Units

Convera (Nasdaq:CNVR), a leading provider of advanced technologies, products and solutions for managing multimedia digital content, today announced the appointment of Ben Plummer as senior vice president of marketing.

Mr. Plummer, an executive with proven experience in marketing and corporate positioning within the commercial software and Internet market, will oversee the strategic and operational direction of all marketing and public relations activities. Mr. Plummer will report directly to president and CEO Patrick Condo.

In addition to the hiring of Mr. Plummer, other changes include the consolidation of all Convera product development activities into a single engineering operation under the leadership of David Nunnerley, senior vice president, engineering, and the combination of Convera sales and business development activities into its worldwide sales division under the leadership of Kamran Khan, senior vice president, sales and business development.

Convera's integration services are under the leadership of Ciaran Doyle, senior vice president, integration services.

"Ben's addition to our management team and the streamlining of our business structure will be instrumental to advancing our position in delivering innovative software products that manage multimedia digital content," said Patrick Condo, president and CEO.

Mr. Plummer joins Convera from Cognos Corporation, where, as that company's vice president of marketing, he led worldwide marketing efforts including marketing communications, marketing operations, public relations, analyst relations, sales support, and product marketing and management.

During his nine years at Cognos, he also held positions ranging from director of North America technical services to vice president of customer operations. Prior to joining Cognos, Mr. Plummer held technical management positions at Bachman, Inc., Pansophic Systems, RJO Enterprises, Inc., and SAGE Federal Systems.

About Convera

Convera, the new company formed when Excalibur Technologies combined with Intel's Interactive Media Services division, is a leading provider of innovative software products that manage multimedia digital content.

Convera's advanced technologies, products, services and solutions empower content owners to extract value from their high-worth digital content--text, images and video--over the Internet, intranets, set top boxes and wireless devices.

Convera serves over 700 customers in 29 countries from its offices throughout the U.S. and Europe.

Convera customers and partners include ABC News, BG Technology, British Telecom, chicagotribune.com, CSC, Digital Island, Discovery Communications, Encyclopedia Britannica, Exodus, FOXSPORTS.com, latimes.com, Loudeye, Microsoft, the National Basketball Association, NCR, Nortel Networks, Parametric Technologies, QXL.com, Raytheon, RealNetworks, Reuters, Sony, StorageTek, Sun Microsystems, UCLA, United Airlines, Warner Bros. Online and The World Bank.

For more information, contact Convera at 800-788-7758, via e-mail at info@convera.com or on the Web at www.convera.com.

The following are worldwide trademarks of Convera Corporation or its subsidiary Convera Technologies, Inc.: Convera(TM), RetrievalWare(R), ScreeningRoom(R), WebExpress(TM) and their respective logos.

This release contains comments about Convera's future expectations, performance, plans and prospects as well as assumptions about future events.

The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, business and economic conditions, continued success in technological advances, and the risk that the businesses that were merged to create Convera, the Interactive Media Services Division of Intel Corporation and Excalibur Technologies, Inc., will not be integrated successfully. Actual results may differ materially from our expectations as the result of these and other important factors relating to Convera's business and product development efforts, which are further described in Convera's and Excalibur's filings with the Securities and Exchange Commission.

These filings can be obtained from the SEC's website located at www.sec.gov. Any forward-looking statements are based on information available to Convera on the date of this release, and Convera assumes no obligation to update such statements.