I. Introduction
The problem of finding sequence motifs representing Transcription Factor Binding Sites (TFBSs) is an important challenge in bioinformatics, as these binding sites are the key to gene regulation. There are basically two approaches to binding site identification, experimental and computational. The experimental approach is precise but expensive and the computational approach is imprecise but inexpensive. Hence both approaches are viable and complementary. Significant portion of the current technological and scientific studies are aimed at to improve the drawbacks, i.e. towards the cheaper technologies for the former and the more accurate algorithms for the latter.