still holding and bought more today of QNTS........Coming out in an industry that
has witnessed some stellar debuts,
Quintus is involved in e-commerce
relationship management software.
If you are interested in why
Donaldson Lufkin & Jenrette
ascertained the lead managing of
Quintus, it's simple. Proving that the
venture capital route is essential for
developing companies in early stage
development, Quintus has been the
beneficiary of funding from DLJ
Capital, a unit of the New York-
based investment banker. Helping
ramp up Quintus's model, DLJ Capital
(before the IPO) holds a stake of
43.4% that will dilute to 37.9% after
the offering.
In addition to DLJ Capital's
involvement, another well-known
venture capital firm that assisted in
the development of Quintus is Oak
Investment Partners, a Menlo Park,
Calif.-based firm specializing in
technology firms.
The company's e-Customer
Relationship Management Solution
manages customer interactions that
includes customer orders, inquiries
and service requests and is
succeeding, reports analysts
following the sector. QNTS, the
company's Nasdaq trading symbol
also delivers consistent customer
service across multiple
communication channels, including
the Internet, electronic mail and via
phone.
Of course, helping Quintus succeed in
early life its loft customer base that
includes Anheuser-Busch, Canadian
Imperial Bank of Commerce, parent
of CIBC World Markets, Citigroup,
Clarke American, Deere, First Union
Bank, International Paper and
Lucent Technologies.
Bearing in mind that the overall
sector Quintus operates in has
churned out stellar returns, industry
experts anticipate a return north of
100%. |
