Accoona said it has over $100 million in financial backing from private investment funds.
In addition, Accoona has an agreement with the China Daily Information Company to become the preferred search engine portal across China for the next 20 years on an exclusive basis.
http://www.eetuk.com/tech/news/showA...leID=181502201
December 2004
Former president Bill Clinton on Monday helped launch a new Internet search company backed by the Chinese government which says its technology uses artificial intelligence to produce better results than Google Inc.
http://www.msnbc.msn.com/id/6666890/