I received an email yesterday about a new product from LexisNexis, InterAction IQ.

InterAction IQ automatically mines email correspondence to discover the existence and strength of previously unknown contacts and relationships.

Sounds interesting! There wasn’t much in the way of technical details of how it works, what exactly is it etc, but it sounds like a Xobni type of solution. If this is the case and it has the integration into InterAction to “make that information actionable” as they put it, then this could be really useful.

InterAction IQ takes relationship management to a new level – by mining correspondence and meetings between individuals automatically. The frequency of activity, messages, or even inclusion on “cc” lists are indicators of the strength of a relationship – all are factored into the evaluation.

Xobni is an Outlook add-in, that ranks your contacts based on the messages you exchange, extracting contact information and identifying people the messages are connected to. You can click through to explore the conversations you’ve had with those connections.

There are a few other bits of information that are worth taking note of:

• InterAction IQ which is targeted for availability in June 2009
• InterAction 5.6 SP2 is a required update for this new product

More information I’m sure will be on it’s way soon and most likely on the LexisNexis InterAction website.