Link - REWERSE
REWERSE is short for "Reasoning on the Web with Rules and Semantics".
From the site: REWERSE is a research "Network of Excellence" (NoE) on "Reasoning on the Web" that is funded by the EU Commission and Switzerland within the "6th Framework Programme" (FP6), Information Society Technologies (IST), Priority 2 under the project reference number 506779. REWERSE addresses the IST strategic action line "Semantic-based knowledge systems".