Yes, it will perform abstractive summarization (re-writing the language in the text) vs. just extractive summarization, which just pulls out high-importance sentences from text.
I have been looking for an abstractive summarization API for quite some time, any idea when you will be releasing this. If you are planning any sort of beta I would love to be part of it :)
Sign up for a developer account to stay updated and shoot me an email at ajay@plasticity.ai if you'd be interested in sharing your use case, we'd love to learn more.