September 3, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — InferX Corp. (OTC: NFRX) said that it has been awarded a contract to analyze improvised explosive device data using InferX predictive analytics software. This initial contract is to analyze the IED data represented in a semi-relational form and other types of reports, often with a high percentage of free text. According to InferX, the main focus of the project is to provide additional insights gained by analyzing political, military, economic, social, informational, and infrastructural information from multiple sources linked to raw IED data.

The company said that the analysis can potentially lead to the discovery of new preventive measures that could be used to develop new processes, procedures, and training enhancements.

InferX technology is meant to provide the ability to rapidly conduct predictive data analysis within a framework of disparate data sources without bringing all the data into one central data warehouse.

Virginia-based InferX has designed and commercialized a suite of data analytical solutions used in the healthcare, financial services, and government markets.

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