Coveo an Emerging Business to Watch

Quebec City, Canada; Palo Alto, California - October 17, 2006 -Coveo Solutions Inc., a leading provider of secure search for the enterprise, today announced it is one of 26 startups featured in Innovation Starts Here, an in-depth look at how emerging companies have collaborated with Microsoft to increase revenue, reduce costs and gain a competitive edge. These stories from the Microsoft Emerging Business Team (EBT) demonstrate how companies are successfully innovating on the Microsoft platform.

Coveo focuses on developing superior enterprise search products that are easy to deploy, highly secure, accurate and offer applications that integrate seamlessly into the fabric of IT network environments. The company's flagship product Coveo Enterprise Search is based on ASP and Microsoft .NET technologies and delivers unified search across all documents with "out-of-the-box" level security, "consumer-style" ease of use, and unparalleled accuracy.

"We selected Coveo as a company to feature in this year's Innovation Starts Here book because we feel Coveo is making a real difference to our enterprise customers, particularly in the area of secure enterprise search capability which is a critical and growing need today," said Anne McClelland, Director of Marketing & Business Development for Microsoft's Strategic & Emerging Business Team. "Coveo exemplifies the type of innovation in the area of search and enterprise class software delivery which builds upon Microsoft's platform offerings that we are encouraging among other startups in the industry."

Included in the Coveo profile in Innovation Starts Here is an example of how Coveo Enterprise Search offers value to Prosearch Strategies, a discovery analytics and workplace tools company focused on the legal market in areas of litigation, due diligence, and compliance.

"We're using Software as a Service and SharePoint Portal Server as the secure portal structure on the front end, and Microsoft SQL Server business analytics and Coveo for backend processing on the data. This solution has enabled analysts to consolidate and eliminate time consuming analytic tasks, decreasing processing time by 30 percent, and allowed researcher reviewers to make more document decisions per hour, while maintaining the ease of use for casual searchers," said Trevor Allen, CIO, Prosearch Strategies.

The Microsoft EBT works with venture capitalists (VCs) and start-up companies worldwide to enable innovation and accelerate the software ecosystem. The Microsoft EBT mission is to identify and facilitate opportunity for start-ups and VCs, acting as the single point of contact and accountability to Microsoft. Since its inception in 1999, the EBT has helped connect thousands of start-up companies with technical assistance, sales and marketing opportunities, venture capital support and other assets to give them a competitive edge.

"Coveo's relationship with Microsoft provides a higher level of security, accuracy and integration of enterprise search for customers who require cutting edge, next-generation solutions," said Laurent Simoneau, President and CEO, Coveo.

About Coveo Solutions Inc.

Find information. Understand Information. Act -- much faster. Based on industry standard ASP and .NET technologies, and winner of the 2006 Microsoft Partner Regional Winning Customer Award, Coveo Enterprise Search delivers the best value in the marketplace with out-of-the-box document level security, unparalleled accuracy, consumer style ease of use, and an implementation cycle of less than 24 hours. Whether it's to meet regulatory compliance, improve customer response, protect intellectual property or improve organizational efficiencies up to 35%, Coveo Enterprise Search enables organizations to find, understand and take action on critical information located anywhere in the enterprise. Coveo's enterprise clients include AAA, AMN Healthcare, Eli Lilly and Company, Emerson Climate Control, ESPN, International Paper, Hewlett Packard, Lockheed Martin, NATO, NASA, AC Nielsen, PricewaterhouseCoopers, US Navy, Verizon and Yellow Pages Group (Canada).

For more information, and to test drive Coveo Enterprise Search free for 30 days, please visit www.coveo.com.