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Technology Stocks : DocuCorp International (DOCC)

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To: TLindt who wrote (87)3/27/2002 6:57:41 AM
From: long-gone   of 121
 
Docucorp and AscendantOne Sign Marketing Agreement

DALLAS & NASHUA, N.H., Mar 27, 2002 (BUSINESS WIRE) -- Docucorp(R) International (Nasdaq:DOCC), a leading provider of enterprise information solutions, today announced a marketing agreement with AscendantOne(TM) Inc., architects of next generation front office insurance technology. Through this marketing partnership and lead referral relationship, the companies will provide property and casualty providers with a comprehensive, end-to-end business solution for efficient insurance sales and service.
"By partnering with AscendantOne, we will be able to offer our property and casualty customers a flexible, cost-effective front office solution," said William D. Barry, senior vice president of Docucorp's sales and marketing. "In addition to their Web-addressable rate/quote, issuance and policy management solutions, AscendantOne incorporates an insurance-focused customer relationship management system that enhances insurers' marketing and client retention capabilities."

"Docucorp's breadth of Web-enabled content creation, management and archival solutions was a key factor in solidifying our marketing relationship," said Patricia Dell Isola, vice president of AscendantOne's business development. "Their technology is a natural extension of our browser-based solutions, providing seamless integration with our front office technology."

About AscendantOne

Headquartered in Nashua, N.H., AscendantOne delivers open, flexible XML-based technology and services that directly transform property and casualty front office economics, while boosting the marketing and client retention capabilities of insurance providers. AscendantOne introduces new browser-based paradigms for rate/quote/issuance, policy and customer management -- strengthening the entire new-business-to-renewals service process in the P&C distribution network. For more information, please visit www.AscendantOne.com.

About Docucorp

Docucorp is the authority in providing dynamic solutions for acquiring, managing, personalizing and presenting enterprise information. Servicing the entire enterprise information lifecycle, Docucorp's information application software, application service provider (ASP) hosting and professional consulting services enable companies to implement solutions in-house or fully outsource to Docucorp. The company has an installed base of more than 1,200 customers, including many of the largest insurance, utility and financial services organizations.
Headquartered in Dallas, Docucorp has major facilities in Atlanta and Silver Spring, Md. The company also maintains offices in London; Portland, Maine; and Bedford, N.H.

Certain information contained in this news release may include "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than historical facts, included herein are forward-looking statements. These statements involve risks and uncertainties, such as competition, technological developments, loss of significant customers and the other factors discussed in the Company's periodic reports filed with the Securities and Exchange Commission, that could cause the Company's actual results to differ materially from those expressed or implied by these forward-looking statements.

Docucorp is a registered trademark of Docucorp International.

(c) 2002 Docucorp International. All Rights Reserved. Company, organization and product names mentioned herein are trademarks or registered trademarks of their respective owners. Docucorp and its symbol are trademarks of Docucorp International.

CONTACT: Docucorp International, Dallas
Brenda Kai, 214/891-6411
bkai@docucorp.com
or
AscendantOne
Patricia Dell Isola, 603/546-2467
pdellisola@AscendantOne.com

URL: businesswire.com
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