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Technology Stocks : Sagent Technology, Inc. (SGNT)
SGNT 21.760.0%Aug 30 5:00 PM EST

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To: DD™ who wrote ()5/1/2000 9:17:00 AM
From: samoyed  Read Replies (1) of 220
 
Sagent Receives Patent On Extensible Data Base Retrieval and Viewing Architecture Technology
Business Wire - May 01, 2000 08:26
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--May 1, 2000--Sagent Technology Inc. (Nasdaq:SGNT), a leading provider of Real-time e-Business Intelligence solutions, today announced that the United States Patent Office has issued Patent 6,038,558 on March 14, 2000, to the company.

The patent is directed to Sagent's Extensible Database Retrieval and Viewing Architecture. The patent has an effective filing date of Oct. 17, 1997.

"We are pleased to announce that the U.S. Patent Office has granted this patent to Sagent," said Ken Gardner, president and CEO, Sagent Technology. "This patent has been issued on our innovative and leading technology, and is another example of the creative excellence of Sagent's development team."

About Sagent Technology

Sagent Technology (Nasdaq:SGNT) is a leading provider of Real-time e-Business Intelligence solutions that enable Global 2000 enterprises to win, retain and grow customers, as well as improve operational effectiveness. Sagent provides products, services and value-added content that help businesses collect, analyze, understand and act on customer and operational information in real time.

Sagent powers more than 1,100 customer-driven organizations around the world and across such diverse industries as e-commerce, financial services, insurance, healthcare and telecommunications. These include such market leaders as GE Capital, Sony Online Entertainment, MapQuest.com, Outpost.com, yuSave.com, Ticketmaster, Kemper National Insurance, Royal & SunAlliance, United Healthcare and AT&T. Sagent has several strategic relationships, including ADP, Advent, CommerceOne, Compaq, EDS, HAHT Software, IBM, Interpath, Microsoft and Siebel. Sagent is headquartered in Mountain View, California, and can be reached at sagent.com.

This press release contains forward-looking statements. There are certain important factors that could cause Sagent's future development efforts with eFinance to differ materially from those anticipated by some of the statements made above. Among these is the anticipation of the growth of certain market segments, the positioning of Sagent's products in those segments, the competitive environment in the software industry, dependence on other products, changes to operating systems and product strategy by vendors of operating systems, and the importance of new Sagent products.

Note to Editors: Sagent is a registered trademark of Sagent Technology Inc. All other trademarks are the property of their respective owners.

DISCLAIMER: Sagent Technology is committed to self-regulatory regimes and fully supports fair, ethical and appropriate uses of information. Sagent is not responsible for how its customers are handling the information or distributing it to outside parties.

CONTACT: Sagent Technology Inc.
Michael A. Piotrowski, 727/725-9727
mpiotrowski@sagent.com
or
Miller/Shandwick Technologies
Coby L. Morley, 650/596-5824
cmorley@miller.shandwick.com



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