Abstract: The internet has become an attractive avenue for
global e-business, e-learning, knowledge sharing, etc. Due to
continuous increase in the volume of web content, it is not practically
possible for a user to extract information by browsing and integrating
data from a huge amount of web sources retrieved by the existing
search engines. The semantic web technology enables advancement
in information extraction by providing a suite of tools to integrate
data from different sources. To take full advantage of semantic web,
it is necessary to annotate existing web pages into semantic web
pages. This research develops a tool, named OWIE (Ontology-based
Web Information Extraction), for semantic web annotation using
domain specific ontologies. The tool automatically extracts
information from html pages with the help of pre-defined ontologies
and gives them semantic representation. Two case studies have been
conducted to analyze the accuracy of OWIE.