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Telhio Credit Union Eliminates Document Duplication with Coveo Enterprise Search

Telhio impressed with Coveo's accuracy, and seamless secure integration with Active Directory.

Quebec City, Canada; Palo Alto, California - July 11, 2006 -Coveo Solutions Inc., a leading provider of secure search for the enterprise, today announced that Telhio Credit Union, a leading not-for-profit full service financial institution, has chosen Coveo Enterprise Search (CES) to streamline information access to internal procedures documentation.

"We had thousands of documents in various places which caused our personnel to recreate information," said Dave Ault, VP Information Systems, Telhio Credit Union. "We looked at Google, but it did not leverage our existing security model. Coveo delivers secure, accurate information access and saves us countless hours in finding and recreating information."

CES manages all documents in Telhio's intranet which primarily consist of internal policies and procedures. Due to the sensitive nature of these documents, secure access is a high requirement for Telhio. CES leverages Telhio's existing investment in Active Directory and ensures that users cannot access documents without appropriate permissions. Telhio was also impressed with the speed and ease of the CES implementation - quickly migrating from initial install to pilot in just 48 hours. Feedback from the current pilot reveals users are impressed with Coveo's accuracy, and enjoy the document summarization capability which allows them to view a 50-100 word document summary without opening the document.

"Recent research has shown that the average employee spends 12 hours per week gathering information, which affects both the employee productivity and a company's bottomline, said Laurent Simoneau, President and CEO, Coveo Solutions Inc. "We're pleased that we can deliver measurable value to Telhio."

About Telhio Credit Union

Telhio Credit Union is a not-for-profit financial cooperative that is a full-service financial institution. Telhio first began as the credit union for Columbus Telephone Company employees. Because of the expanded vision of our Board of Directors and management staff, Telhio is now available to anyone who lives, works, worships or attends school in Franklin County and the surrounding communities.

About Coveo Solutions Inc.

Coveo Enterprise Search delivers secure, unified search across all documents and multi-media files located in file systems, databases, enterprise applications, email servers, intranets, and web sites. Based on industry standard ASP and .NET technologies, Coveo Enterprise Search delivers the best value in the marketplace with an award winning combination of out-of-the-box document level security, consumer style ease of use, unparalleled accuracy based on real-time file monitoring, concept extraction and summarization, fast deployment and minimal administration. Coveo's enterprise clients include AAA, AC Nielsen, AMN Healthcare, Fannie Mae, Hewlett Packard, International Paper, Eli Lilly, Lockheed Martin, NASA, and Verizon.

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

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