Ascendant Solutions Named to dbusiness.com's '50 To Watch' List;Quarterly List Focuses on Emerging Small to Medium Cap Companies
GARLAND, Texas, July 20 /PRNewswire/ -- Ascendant Solutions (Nasdaq: ASDS), a provider of comprehensive order- management services and solutions for online, catalog and traditional retail businesses, has been recognized by dbusiness.com as one of 50 emerging companies to watch in the Dallas area. The list, compiled on a quarterly basis for 24 cities nationwide, features the "50 to Watch" for each city based on such criteria as the amount of capital raised, caliber of the management team, featured technology and market space.
"We are pleased to be recognized as an emerging company to watch," said David E. Bowe, CEO of Ascendant Solutions. "One of our goals now is to meaningfully increase our presence in the marketplace. We believe that Omnigy, our recently introduced, innovative, solutions software platform that enables our clients to create the ultimate buying experience for their customers, has the potential to radically change traditional commerce and e-commerce."
According to dbusiness.com's Executive Editor, Kurt Greenbaum, "These companies are industry leaders that are poised on the edge of change and have positioned themselves for tremendous growth. Our readers recognize the value of knowing which are the emerging companies to watch in their local markets and rely on the comprehensive coverage that dbusiness.com provides."
Reporters and editors of dbusiness.com start developing the list early in the preceding quarter by researching information about public and private emerging companies. They seek companies that have attracted substantial venture capital; that are not being covered by other media but should be; that have strong management; that are building new markets; that are poised for major news events; and that represent fast-moving industries such as electronic commerce, software, and systems manufacturers. The "Top 50 to Watch" list can be viewed at dbusiness.com.
Dallas-based Ascendant Solutions provides CRM, order management and fulfillment software to, and manages the infrastructure behind, e-commerce for e-tailers, catalogers and traditional retailers. The Company's comprehensive service solutions give its clients the ability to outsource their commerce- related operations, including order capture, order processing and order fulfillment. Ascendant Solutions integrates clients' Web sites with the Company's network of customer contact centers, strategically located fulfillment centers and drop-ship vendors. Ascendant Solutions' unique per- transaction pricing structure reduces clients' initial costs and speeds their time to market. For more information about Ascendant Solutions, visit ascendantsolutions.com.
This release includes forward-looking statements. These statements are made under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: our ability to achieve or sustain profitability; our limited operating history; the risks associated with the failure of our systems and services to achieve widespread market acceptance or meet specific client needs; significant client concentration; the fact that our client contracts are either short-term or terminable with minimal notice; systems risks and uncertainties including rapid technological change and those related to the development of our browser-based software application; the risks related to the possible inability of our system to connect to and manage a larger number of clients; business conditions in the fulfillment industry generally; the impact of market competitors and their service offerings; and such other factors as more fully detailed in the registration statement relating to our initial public offering and other SEC filings.
SOURCE Ascendant Solutions
CO: Ascendant Solutions; dbusiness.com
ST: Texas
IN: CPR MLM
SU:
07/20/2000 14:17 EDT prnewswire.com |
