Monday June 12, 8:05 am Eastern Time Company Press Release
Sagent Technology Introduces Sagent Solution Version 4.2 Sagent Solution Version 4.2 Delivers Improved Customization of Web Applications, Support for ASPs and Multinational Deployment for Global Corporations
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--June 12, 2000-- Sagent Technology Inc. (Nasdaq:SGNT - news), a leading provider of Real-time e-Business Intelligence solutions, today introduced Sagent Solution version 4.2.
The new release integrates Sagent's robust end-to-end e-Business intelligence platform with value-added content and domain specific analytic applications to power the most complete custom and packaged analytic applications currently available.
Sagent Solution version 4.2 further enhances the industry's most complete product set for developing, delivering and maintaining Web-based analytic applications. Enhancements include sophisticated XML interfaces to powerful server-side analytics, advanced wizard-driven application management for the rapidly growing Application Service Provider (ASP) market and robust support for Windows 2000.
With the introduction of the Sagent Solution version 4.2, Sagent Technology has strengthened its position as a leading provider of packaged analytic applications for e-commerce, financial services, insurance, healthcare and telecommunications. Sagent Solution version 4.2 enables rapid multinational deployment of analytic applications by Global 2000 companies. This significantly improves the world's most powerful organization's top and bottom line as they empower employees across the global enterprise to access analytic applications in real-time over secure Internet connections.
``Due to the increasing globalization of e-business, our research shows more enterprises require secure, stable Web-savvy analytic solutions with international capabilities,'' said Doug Laney, META Group Vice President. ``End-to-end analytic solutions like Sagent can both reduce integration impediments while providing rapid analytic lift to enhance existing back-office e-business applications.''
Key Components of Sagent Solution version 4.2
Enhanced Information Delivery for Analytic Applications
XML-based information delivery via wireless protocols, Active Server Pages and HTML Style Sheets Web-based prompting for enhanced self-service information delivery Significant performance improvements Organize Web-based reports with customizable data-sensitive hyperlinks Integration of geographic, business and demographic information from external sources Robust support for Windows 2000 and native support for latest major database versions Rapid Deployment, Scalability and Advanced Analytic Application Management
Standard format for application models facilitates rapid multinational deployment Wizard-based application management allows ASPs to rapidly deploy Sagent-powered applications Pre-packaged reports for impact analysis and application performance monitoring Modular architecture allows adding servers while sharing a single application definition to scale up to thousands of users and terabytes of data From development to production to ongoing management, Sagent Solution version 4.2 delivers the only open, scalable solution that addresses the complete life cycle for e-business applications. The Sagent platform is built on multi-tier architecture, enabling balanced application deployment across multiple servers for enterprise-class scalability, performance and reliability over the Web. Sagent Solution version 4.2 delivers the most stable and scalable foundation for high performance enterprise applications and offers ASPs the ability to meet customer demand for the most up-to-date product offerings.
``As an application service provider, we must constantly improve the NetAcumen product offering for our customers,'' said David Silver, President and CEO, NetAcumen. ``Using the Sagent Solution as the foundation of our hosted services, we are able to develop and deploy continuous product improvements to ensure that our users get the most detailed prospect and customer insight available.''
Availability
The Sagent Solution version 4.2 is scheduled to ship June 16, 2000. Version 4.2J, the Kanji release, is scheduled to ship June 23. The product is available from Sagent representatives, distributors and value-added resellers worldwide. For distribution information, visit sagent.com.
About Sagent Technology
Sagent Technology (Nasdaq:SGNT - news) 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. Sagent enables such market leaders as GE Capital, Sony Online Entertainment, MapQuest.com, Outpost.com, Ticketmaster, Kemper National Insurance, Royal & SunAlliance, United Healthcare, Siemens, BP Amoco, British Telecom and AT&T to win, retain and grow customers. Sagent retains strategic relationships with ADP, Advent, CommerceOne, Compaq, EDS, HAHT Software, IBM, Interpath, Microsoft and Siebel. Sagent is headquartered in Mountain View, Calif., and can be reached at sagent.com.
Sagent is a registered trademark of Sagent Technology Inc. All other trademarks are the property of their respective owners.
This press release contains forward-looking statements. There are certain important factors that could cause Sagent's future development efforts 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.
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., Mountain View Michael A. Piotrowski, 727/725-9727 mpiotrowski@sagent.com |