Quintus Corporation Joins Russell 3000 Index; eCRM Software Developer's Addition to Equity Index Announced
FREMONT, Calif.--(BUSINESS WIRE)--July 11, 2000--Quintus Corporation (Nasdaq:QNTS), a provider of contact center solutions for e-customer relationship management (eCRM), today announced the addition of its common stock to this year's Russell 3000(R) Equity Index. Quintus' addition is part of an annual reconstitution, which tracks the 3,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization to create the Russell 3000 Index. Membership in Russell's 21 U.S. equity indexes are based upon objective measures and acts as a performance standard for investment managers.
Quintus completed its initial public offering in November 1999. For the fiscal year ended March 31, 2000, the company reported a 71% increase in net revenues to $51.7 million. As of July 10, Quintus shares closed at $23.94, giving it a market capitalization of approximately $950 million.
During the past few months, Quintus announced a worldwide reseller, marketing and technology partnership with Siebel Systems, Inc., the world's leading supplier of eBusiness application software; expansion into the Asia Pacific market in a partnership with eGlobal Technologies to market and resell Quintus products, including the eContact(TM) Suite; and a partnership with AT&T.
Russell 3000 Index, a roster of the 3,000 U.S. stocks with the highest market valuation, is rebalanced annually; memberships take effect July 1.
About Quintus
Quintus Corporation (Nasdaq:QNTS) provides a comprehensive electronic customer relationship management (eCRM) solution to manage customer interactions, such as customer orders, inquiries and service requests, and deliver consistent customer service across multiple communication channels, including the Internet, email and telephone.
The Quintus eContact software suite includes applications that address the needs of customer service representatives and agents in sales and service, consumer relations, technical support, and human resources centers and a routing engine to manage customer interactions. Quintus eContact enables companies to handle high volumes of customer interactions and leverage opportunities to sell additional products and services to their customers. Quintus is based in Fremont, Calif. For more information about Quintus, call 800/337-8941, email sales@quintus.com or access the World Wide Web at www.quintus.com.
The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, including statements regarding Quintus Corporation's expectations, beliefs, hopes, intentions or strategies regarding the future. Forward-looking statements include statements regarding future sales and product implementations. Quintus Corporation's actual results and the timing of certain events may differ significantly from the results discussed in the forward-looking statements.
Note to Editors: eContact is a trademark and Quintus is a registered trademark of Quintus Corporation. All other product and company names mentioned are the property of their respective owners.
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CONTACT:
Quintus Corporation
Dana Dye, 510/624-8750
dana.dye@quintus.com
Susan Salvesen, 510/625-2980
susan.salvesen@quintus.com
or
Schwartz Communications
Merrill Freund, 415/512-0770
merrillf@schwartz-pr.com |
