Convera Announces Date for Fourth Quarter and Full Year Earnings

    Business Editors/High-Tech Writers

    VIENNA, Va.--(BUSINESS WIRE)--Feb. 16, 2005--Convera Corporation (NASDAQ:CNVR), a leading provider of search and categorization software for enterprises and government agencies, today announced that the company will release its fourth quarter and full year (fiscal year 2005) financial results after the close of market on Wednesday, March 2, 2005. Convera management will host a conference call to discuss the results on Thursday, March 3, 2005, beginning at 8:30 a.m. ET.
    Conference call participants should dial 212-676-5369 at approximately 8:20 a.m. ET on March 3rd, and ask to be placed into the Convera telephone conference.
    In addition, a non-interactive audio Web cast of the conference call will be available live. To access the Web cast, please go to Convera's Web site, www.convera.com, and under "About Convera" and "Investor Relations" click on the live Web cast.
    For individuals unable to participate live, a playback of the call will be available for 24 hours following the conference. To listen to the recorded conference, dial 800-633-8284 (domestic) or 402-977-9140 (international) and enter reservation number 21230371 when prompted. The audio Web cast will be archived and available for playback at 10:30 a.m. eastern March 3, 2005. To access the Web playback, go to Convera's Web site, www.convera.com, and under "About Convera" and "Investor Relations," select the Web cast archive page.

    About Convera

    Convera is a leading provider of mission-critical enterprise search and categorization solutions. Convera's RetrievalWare solutions maximize return on investment in vast stores of unstructured information by providing highly scalable, fast, accurate and secure search across more than 200 forms of text, video, image and audio information, in more than 45 languages. More than 900 customers in 33 countries rely on Convera's search solutions to power a broad range of applications including enterprise portals, knowledge management, intelligence gathering, profiling, corporate policy compliance, regulatory compliance, customer service and more. For more information, contact Convera at 800-788-7758, via e-mail at info@convera.com or on the Web at www.convera.com

    This release, including any statements from Convera personnel, contains statements 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 and trends; the ability to continue funding operating losses; fluctuations in operating results including impacts from reduced corporate IT spending and lengthier sales cycles; continued success in technological advances and development including the Web indexing initiative; possible disruption in commercial activities caused by terrorist activity and armed conflict, such as changes in logistics and security arrangements; reduced customer demand relative to expectations; competitive factors; and other risk factors listed from time to time in the company's SEC reports. 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 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. The Convera design logo and the following are worldwide trademarks of Convera: Convera(TM), RetrievalWare(R), and Screening Room(R). The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

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CONTACT: Convera Corporation John R. Polchin, 703-761-3700

KEYWORD: VIRGINIA INDUSTRY KEYWORD: HARDWARE SOFTWARE COMPUTERS/ELECTRONICS NETWORKING EARNINGS CONFERENCE CALLS SOURCE: Convera Corporation

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