MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Aug. 9, 2000--IntelliCorp,
Inc. (Nasdaq:INAI), a leading provider of eBusiness and eCRM solutions
for the SAP(TM) community, today announced revenues of $22.7 million
and net loss of $7.1 million, or ($.44) per share for its fiscal year
ending June 30, 2000. On a proforma basis, which excludes amortization
charges and in-process R&D charges related to purchased intangibles,
the Company had a net loss of $6.6 Million, or ($.41) per share for
the fiscal year. During the fourth quarter of fiscal year 2000, the
Company posted revenues of $5.0 million and net loss and earnings per
share of $2.7 million and ($.16), respectively. On a proforma basis,
which excludes amortization charges and in-process R&D charges related
to purchased intangibles, the Company had a net loss of $2.6 Million,
or ($.15) for the quarter.
Fourth quarter bookings for CRM/eCRM solutions services were $3.8
million. CRM/eCRM backlog at the end of fiscal year 2000 totaled $5.0
million.
"Although overall revenues for fiscal year 2000 were only slightly
higher than last fiscal year, we are extremely encouraged with the
growth in the CRM/eCRM solutions business area especially on a
sequential quarter basis," said Ken Haas, IntelliCorp's CEO. "We
experienced a 61% growth in CRM/eCRM solutions revenue in fiscal year
2000 over fiscal year 1999 and a 66% growth in the fourth quarter over
the third quarter of fiscal year 2000. This growth in revenues
compounded with the strong bookings realized in the CRM/eCRM area
clearly demonstrates that IntelliCorp is gaining the momentum to
capture a significant portion of the growing CRM/eCRM solutions
market."
"Our strategy is to significantly grow the CRM/eCRM solutions
business as well as position our business process modeling and
enterprise application product lines to maximize overall performance.
We have moved on this strategy by adding key senior staff members in
the CRM/eCRM solutions business and by aligning the remainder of the
business in a manner consistent with the market opportunity. Finally,
our strategy capitalizes on the synergies which exist between our
BPM/EAI capabilities and CRM/eCRM to boost the overall growth in the
CRM/eCRM solutions area."
Fourth quarter highlights included:
-- The appointment of Al Fisher to the IntelliCorp's Board of
Directors. Mr. Fisher, who retired from Deloitte Consulting
last month after a highly successful 40-year career, is
currently a Senior Advisor to Deloitte Consulting Ventures and
Chairman of the Board of Roundarch, Inc., an eCRM consultancy
whose shareholders include BroadVision, Deloitte Consulting
and WPP. The appointment of Gregory Sulier, Silicon Valley and
Big 5 services firm veteran, to the position of Executive Vice
President heading up IntelliCorp's eCRM/CRM business solutions
services. Mr. Sulier brings to IntelliCorp over 20 years of
experience in information technology and 13 years with Ernst &
Young, where he was most recently a senior consulting partner.
The appointment of Caroline Mansley to the position of
Managing Director, European Consulting. Ms. Mansley brings to
IntelliCorp more than 15 years of information technology and
consulting management experience in both industry and
professional service firms, most recently with Cap Gemini UK.
The appointment of Jerry Klajbor, a proven Silicon Valley
finance leader, to the position of Chief Financial Officer.
Mr. Klajbor was most recently CFO of Stanford
Telecommunications, Inc., a $160.0 million public, high
technology company in Silicon Valley.
-- The announcement that IntelliCorp had signed an agreement with
SAP America, Inc. to help bring SAP Customer Relationship
Management (SAP CRM) solutions to market. IntelliCorp was one
of the first partners to have signed a consulting agreement
with SAP America to provide consulting support for the SAP CRM
Solution Center. This new agreement reinforces the previously
announced CRM development agreement that IntelliCorp signed
with SAP AG in the second quarter. The announcement that
IntelliCorp leads the field in implementation of SAP CRM
solutions. Successful implementations at Daimler Chrysler,
Evobus, and Draeger in Europe and Compaq, Steelcase, and
Hewlett Packard in the US have kept IntelliCorp on the top of
the league of partners supporting SAP CRM Solutions. The
announcement of the IntelliCorp Upgrade Solution, a complete
solution for upgrading SAP R/3, which reduces SAP R/3 upgrade
costs by up to 40%. Consisting of people, processes and
technology, the new solution significantly reduces
implementation time and cost for SAP R/3 upgrades, paving the
way for implementation of CRM and eBusiness solutions from
both SAP and IntelliCorp.
-- The announcement that Aventis Pharma S.A., the $13.0 billion
pharmaceutical division of Aventis France, had adopted
IntelliCorp's LiveModel within the framework of its SAP R/3
implementation strategy to cope with the complexity of
business processes. The announcement that Eurotunnel adopted
IntelliCorp's LiveModel technology to enable eCommerce
initiatives. Eurotunnel will use LiveModel in conjunction with
IntelliCorp's ePublishing software WebExpress that greatly
improves the communication of business processes across the
enterprise. The announcement of a new contract with Unilever
for IntelliCorp's LiveModel to be used by Unilever's Home and
Personal Care Europe (HPCE) division to identify and improve
common SAP processes across its European business. The
announcement that Great Lakes Chemical, a multibillion-dollar
organization, successfully had deployed business process
models at MyProcessess.com. This allowed Great Lakes Chemical
to significantly reduce the costs associated with the
continuous review, training and refinement of business
processes. |
