NEWS - NETP Achieves Leadership in Asia - Japan, Korea, Hong Kong, China, Taiwan - GOLDMAN SACHS endorsement of deal.
NET PERCEPTIONS POSITIONED TO BE LEAD SOLUTION FOR PERSONALIZATION THROUGHOUT ASIA NET PERCEPTIONS ADDS DISTRIBUTION PARTNERS IN HONG Kong, China, Korea, Taiwan and Singapore Mon Jan 31 12:49:00 EST 2000
MINNEAPOLIS, Jan 31, 2000 /PRNewswire via COMTEX/ -- In a decisive move to be the primary source for realtime personalization technology in the burgeoning Asian Internet economy, Net Perceptions (Nasdaq: NETP), the pioneer and leading provider of personalization solutions, has signed partner agreements with three Asian resellers for distribution and support of Net Perceptions' technology throughout China, Hong Kong, Korea, Singapore and Taiwan. With exponential e-commerce growth anticipated throughout Asia in the next few years, this move strategically positions Net Perceptions well ahead of other players in the personalization arena.
"The Asia Pacific markets offer explosive growth opportunities for our personalization technology," said Net Perceptions CEO and president, Steven Snyder. "E-commerce in Asia is expected to reach $32 billion by 2003. Clearly, Asia is a huge untapped market for personalization. Being there now, with this level of coverage, gives us a tremendous advantage."
The new Net Perceptions resellers include DACOM System Technologies Ltd., MPC Ltd. and the Web Connection. All three companies will market Net Perceptions for e-Commerce and Net Perceptions for Call Centers to the Korean market, focusing on each of their individual areas of expertise. Additionally, the Web Connection will represent Net Perceptions products out of their base in Hong Kong as well as through their offices in China, Taiwan and Singapore.
Based on the terms of the agreements, Net Perceptions customers and prospects will be able to license Net Perceptions realtime personalization technology from these e-commerce solutions providers and receive local support in their native language. With ten times the customer base of its closest competitor, the announcements greatly expand Net Perceptions' position as the world's preeminent source for realtime personalization solutions.
Goldman Sachs' Asian Internet analyst, Rajeev Gupta agrees, adding, "E-commerce in Asia is still in its infancy but is expected to go through explosive growth in a very short period of time. While consumers and businesses will likely all benefit from the growth in e-commerce, the real winners will be those companies that become implementers of Internet strategies for e-commerce. To ensure their long-term success, we believe alliances with 'best of breed' partners like Net Perceptions differentiates and adds value to those companies seeking to build successful Asian e-commerce strategies."
The Web Connection, established in 1995, offers strategic Internet solutions for major corporations and dot-com startups that recognize the power of the Internet as a business platform and customer relationship management channel. The Web Connection brings together core competencies in digital strategy, technology integration, creative design and online marketing.
"Asia is experiencing huge demand for web-based portals and personalized e-commerce," said president and COO, Steve McKay. "Net Perceptions is the leader in its market and we are excited to be able to offer this technology to our clients."
Major Web Connection clients include the Hong Kong Tourist Association, HSBC, Cathay Pacific, Cisco Systems, General Motors, IBM, Mandarin Oriental Hotel Group and KLM. The Web Connection has more than 400 staff across Asia with offices in Hong Kong, China Singapore, Japan, Taiwan and Korea, and is part of chinadotcom corporation (Nasdaq: CHINA), Asia's leading integrated Internet company. For more information, please visit the Web Connection at twc-asia.com or call 852 2862 9066.
DACOM System Technologies Ltd. (DST) is a joint venture of DACOM Corp., Korea's second largest telecommunications provider and PricewaterhouseCoopers LLP, the world's leading professional services organization.
"Net Perceptions' realtime personalization technology meets our criteria to only provide the best possible counsel and services to our customers," said Jae-seok Change, senior vice president, DST. "This is an exciting addition to our service offering, and we anticipate it will generate a great deal of interest from both our current and prospective customers."
Headquartered in Seoul, Korea, DST is a world-class specialty IT service provider. DST offers outsourcing, consulting and system integration to the telecommunications/ICE, banking/finance and government/public sectors. DST's strategic partners include Genesys Telecommunications Lab., Smallworld Systems, 3Com, Cisco Systems, Vantive, OSI, Inktomi, etc. For more information, please visit DST at ( dacomst.com ) or call 82-2-2185-1697.
MPC (Marketing Pioneer Corporate) was founded in 1991, and is the largest and most innovative call center system integration and service outsourcing company in South Korea. MPC was Korea's first call center business and is at the vanguard of its telemarketing industry.
"The need for individualized one-to-one marketing is a huge growth opportunity for MPC," said J.Y Park, MPC director. "MPC is working aggressively to expand our services as an e-commerce, one-to-one marketing solution provider. We see our new partnership with Net Perceptions as essential to achieving that objective. Many of our direct mail and internet shopping mall customers and prospects have already expressed an interest in this type of one-to-one, realtime personalization service, and we're pleased to be one of the first companies to offer it to them."
MPC provides both in/outbound call center services outsourcing, and call center system integration. MPC's vision is that the call center is the main source to manage all kinds of relationships between customers and the company. MPC provides the total solution needed to manage every customer contact, including e-commerce-based customer contact. MPS clients cover a variety of businesses including: insurance, banking, securities, life insurance, telecommunication, credit card, newspaper/publishing, broadcasting, computer manufacturing, marketing, schools, travel, manufacturing. For more information, please visit MPC at ( callcenter.co.kr ) or call 82-2-3401-4114.
The announcement of the three new resellers follows the December grand opening of Net Perceptions Japan, a joint venture Trans Cosmos, NTT Software and Toyo Information Systems.
"We received a great deal of interest from resellers throughout Asia for rights to sell our technology," concluded Snyder. "I'm pleased to be able to announce partnerships with such excellent companies. This provides us with tremendous leverage in the Pan Asian marketplace." |