ININ: $23.50. Interactive Intelligence, Inc. Acquires Interest in New Application Service Provider
PR Newswire - January 17, 2000 09:17
INDIANAPOLIS, Jan. 17 /PRNewswire/ -- Interactive Intelligence(R) (Nasdaq: ININ), developer of the "all-in-one" communications server solution known as the Enterprise Interaction Center(R) (EIC), announced today that it has acquired 19% of Interactive Portal, Inc., a new Application Service Provider (ASP) which plans to offer a wide variety of subscription-based, enhanced communications and application services. The new company, headquartered in Indianapolis, expects to initiate service during the first quarter of 2000.
(Photo: newscom.com )
Interactive Portal plans to provide unified messaging, one-number "follow-me," conferencing, appointment scheduling, and other virtual office services on a monthly subscription basis to home office workers, mobile workers and businesses of all sizes. The company will use the new EIC for Service Providers product from Interactive Intelligence as the basis for its offerings.
"The advanced communications technology embodied by EIC is a perfect fit for application service providers such as Interactive Portal," said Dr. Donald E. Brown, president and CEO of Interactive Intelligence. "By working closely with Interactive Portal, Interactive Intelligence will be able to rapidly evolve its products to meet current and future needs of ASPs and their customers around the world. We consider the ASP market to be one of the most exciting opportunities in the high tech industry."
Debbie Thornburg, director of sales for Interactive Portal commented, "We believe that there is a huge market for advanced communications services and other applications that can be tapped by application service providers such as Interactive Portal. We look forward to pioneering that market using Interactive Intelligence technology."
Interactive Intelligence owns 19% of Interactive Portal with the balance of ownership held by an investor group led by Dr. Brown. Interactive Portal will purchase EIC software from Interactive Intelligence, serve as a development partner, and also act as an outsourcer for other service providers looking to leverage EIC without bringing the necessary software and hardware in house.
ABOUT INTERACTIVE PORTAL
Interactive Portal is an Application Service Provider (ASP) offering subscription-based communications services and other applications to home office workers, mobile workers, and businesses of all sizes. Services include unified messaging, one-number "follow me," call screening, conferencing, appointment scheduling, and international call back. Interactive Portal is headquartered in Indianapolis and can be reached at 317-715-8379 or www.interactiveportal.com .
Interactive Portal is a servicemark or trademark of Interactive Portal, Inc. All other products and company names should be considered servicemarks or trademarks of their respective companies.
ABOUT INTERACTIVE INTELLIGENCE, INC.
With over 350 installed customer sites to date, Interactive Intelligence(R) (Nasdaq: ININ) is a leading developer of enterprise software that allows Enterprises, Call Centers, and Service Providers to automate virtually every aspect of their business communications. The company's flagship product, Enterprise Interaction Center(R) (EIC), is an "all-in-one" Windows NT-based communications server that replaces proprietary communication devices such as PBXs, ACDs, IVRs, voice mail systems, fax servers, Web gateways, and CTI middleware systems. Add-on products include Interaction Web(TM) (Web chat/collaboration, Web callback, and Voice Over Net calls), Interaction Recorder(TM) (voice logging), Interaction Director(TM) (SS7 pre- call routing), and Interaction Dialer(TM) (predictive dialing). EIC for Service Providers offers support for large-scale subscriber services including unified messaging, one-number "follow me," call screening, conferencing, and international call back. The company also markets e-FAQ(TM), a standalone e-mail response management solution for organizations of all sizes. Interactive Intelligence, Inc. is headquartered in Indianapolis with offices in Atlanta, Boca Raton, Los Angeles, St. Louis, Washington D.C., Aix-en- Provence, and Tokyo. The company can be reached at 317-872-3000 or www.ININ.com .
This release contains certain forward-looking statements that involve a number of risks and uncertainties. Among the factors that could cause actual results to differ materially, are the following: rapid technological changes in the industry, volatility in the market price of the company's common stock; the company's ability to achieve profitability, to manage successfully its growth and increasingly complex third party relationships, to maintain successful relationships with its current and any new resellers, to maintain and improve its current products and to develop new products and to protect its proprietary rights adequately; and other factors described in the company's SEC filings, including the company's Registration Statement on Form S-1, as amended (Registration No. 333-79509), effective September 22, 1999, and its quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 1999.
Interactive Intelligence, Enterprise Interaction Center, Interaction Web, Interaction Recorder, Interaction Director, Interaction Dialer, and e-FAQ are servicemarks or trademarks of Interactive Intelligence, Inc. All other products and company names should be considered servicemarks or trademarks of their respective companies.
SOURCE Interactive Intelligence, Inc.
/CONTACT: Joe Adams, Vice President, Market Communications of Interactive
Intelligence, Inc., 317-715-8122, or joea@ININ.com; or Debbie Thornburg,
Director of Sales of Interactive Portal, Inc., 317-715-8379, or
debbiet@ININ.com/
/Photo: newscom.com
/Web site: inin.com
(ININ)
Not sure what they paid for this. Field is hot. Need to see the 10Q that's coming up before I get back in.
Jack |
