Convera(R) Corporation Closes Merger with Firstlight ERA

VIENNA, Va., Feb. 11 /PRNewswire-FirstCall/ -- Convera Corporation (Nasdaq: CNVR) - www.convera.com - announced today the closing of a merger of Convera's operating subsidiaries with Vertical Search Works, Inc., a parent company of Firstlight Online Limited (a UK company) effective on February 9, 2010, pursuant to the previously announced merger agreement.

Upon the merger, Convera owns 33.3% the total outstanding common stock of Vertical Search Works, subject to certain adjustments which may enable Convera to own up to 42% of Vertical Search Works prior to the distribution.  The original shareholders of Vertical Search Works own the remaining shares of the new company.

SOURCE Convera Corporation

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