Message #1 From:
Stock News Bot Date: October 11, 2006 06:15:00 AM
HDVY News Health Discovery Corporation Receives Pioneering U.S. Patent for Its Renowned RFE-SVM Technology
SAVANNAH, Ga.--(BUSINESS WIRE)--Health Discovery Corporation (“HDC”)(OTCBB:
HDVY) today announced the issuance of its pioneering U.S. patent
covering the well-established and widely-used recursive feature
elimination (“RFE”)
method for support vector machines (“SVM”),
a major addition to its intellectual property portfolio. RFE is a
mathematical selection/filtering process that successively eliminates
the least important of many data features, then ranks each of the most
significant of the relatively few features remaining for simultaneous
use in classifying the data using SVMs. The most significant benefit is
an increase in the accuracy and usefulness of the classification
results, particularly when analyzing voluminous data. A 2002 Machine
Learning article by the inventors and others that initially
described RFE-SVMs has been repeatedly cited by hundreds of researchers
worldwide. Internet search engines provide over a thousand additional
references demonstrating the importance and widespread acceptance of
this significant enhancement to SVM methodologies.
Isabelle Guyon, Ph.D., world famous co-inventor of SVM technology, lead
inventor of the RFE, and a member of HDC's Scientific Team, noted:
"Because of its simplicity and efficiency, RFE-SVM has quickly become a
reference method for SVM-based feature selection. The technology offers
the power of multi-variate feature selection with little additional
computational expense compared to a traditional SVM. In fact, HDC
successfully used the RFE-SVM to discover its unique biomarkers for the
diagnosis of colon cancer, clinically significant prostate cancer and
BPH (enlarged prostate).”
Hong Zhang, Ph.D., HDC’s Senior Vice President
for Computational Medicine commented: “RFE is
a great revolutionary idea in its own right, not just an evolutionary
step under SVM.”
"This very important RFE-SVM patent is truly seminal in character and
could be a huge factor in HDC's future,” said
Stephen D. Barnhill, M.D., HDC’s Chairman and
CEO and a co-author of the original RFE article. “The
RFE-SVM tool has become a methodology of choice for biological data
analysis because of its efficient and accurate classification
capabilities with very large data volumes. We believe this tool is
particularly well-suited to the analytical needs of the genomics and
proteomics markets which now exceed $5 billion and are growing at 25-35%
annual rates. Interestingly, it is now also starting to find acceptance
in other areas such as text and image recognition. The widespread use of
RFE-SVMs in academia and the biotech arena affords HDC superb
opportunities to establish mutually beneficial relationships with the
many organizations that have found our proprietary technology so
helpful. We believe this development will also add to HDC's growing
reputation in pattern recognition using SVMs in both the medical and
non-medical fields.”
Savannah-based Health Discovery Corporation (OTCBB: HDVY) is uniquely
positioned in the field of pattern recognition technology. Through the
application of its patent protected technology, HDC is a
biology-oriented biomarker discovery company providing all aspects of
First-Phase Biomarker Discoverysm. The
Company's SVM and other pattern recognition tools have significant
application potential in other sizable commercial markets such as
radiology, Internet search and spam, homeland security, financial
futures, and other areas where analysis of large volumes of complex data
is required.
This news release contains "forward-looking statements" within the
meaning of Section 27a of the Securities Acts of 1933 and Section 21E of
the Securities Exchange Act of 1934. Although the management team of HDC
believes that the expectations reflected in such forward-looking
statements are reasonable, it can give no assurance that such
expectations will prove correct.