MINNEAPOLIS and FREMONT, Calif.--(BUSINESS WIRE)--Aug. 2, 1999--
For the First Time, One-to-One Customer Marketing Will be Consistent Across Multiple Interaction Channels
Net Perceptions (NASDAQ:NETP), the leading supplier of realtime personalization solutions, today announced a partnership with Quintus Corporation, provider of complete contact center solutions for customer relationship management (CRM). The alliance marks the first time that Net Perceptions' realtime recommendation technology will be available in conjunction with CRM contact-center software, giving companies who use the joint solution a significant competitive edge: consistent, personalized sales and marketing across Internet- and telephone-based customer interactions. Under the terms of the partnership, Quintus and Net Perceptions will cooperate in joint marketing and identifying mutually beneficial business opportunities. Quintus will provide services for integrating Quintus' eContact(tm) suite for multi-channel call centers with Net Perceptions' Recommendation Engine, which interacts with e-commerce customers and accurately predicts what they will want to buy or see. Net Perceptions jump-started one-to-one Internet marketing by offering sophisticated personalization capabilities to some of the world's most popular Web sites. Similarly, Quintus was among the first call center providers to connect Internet- and telephone-based customer interaction. Now, the combination of Net Perceptions' Recommendation Engine and Quintus' eContact can unify sales and marketing efforts across e-business and the enterprise. Together, Net Perceptions for Call Centers and Quintus' eContact will effectively track, manage and recognize customers, recommend products and services, and report customer interactions. For the first time, Quintus and Net Perceptions can synchronize selling techniques between a Web site and a call center agent. A wide range of customer information from Quintus' eContact data repository can be linked to Net Perceptions' Recommendation Engine, making the realtime recommendation process even more targeted and effective, improving cross sell and upsell results. "Learning about customers in a sub-second and leveraging technology to present them with highly personalized meaningful experiences will put this industry at a new level altogether," said Steven Snyder, CEO of Net Perceptions. "Focusing on ways to surpass customer expectations in an interaction with a financial services institution or utility makes it easier to convert every service-related call into a sales call as well. We are pleased to market our joint offerings through this alliance with Quintus." "Companies that will win in the new millennium will be those that offer consistent customer interaction, whether it be through the Internet or the telephone," said Alan Anderson, CEO of Quintus. "The combination of Net Perceptions and Quintus will help companies deliver the perfect sale through any medium, every time."
About Net Perceptions' and Quintus' Technology
Net Perceptions' Recommendation Engine interacts with customers on a one-to-one, realtime basis, automatically gathering data about their individual wants, needs and interests. The Recommendation Engine uses this data to predict an individual's preferences and to make specific recommendations on products, services, Web sites, etc. The result is a highly personalized interaction that entices customers to visit the company's Web site more often, and to stay longer during each visit. The Net Perceptions Recommendation Engine is the key to a competitive edge in e-business. Quintus' eContact product suite offers call centers a single solution for routing and managing customer interaction across all forms of electronic and voice-based media. For the first time, call centers can effectively manage and route customer interaction through a wide range of media, including voice, voice over IP (Internet protocol), interactive voice response and speech recognition, facsimile and imaging, email, Web and e-commerce. Details of each customer interaction are recorded and stored in a common data repository, providing personalized service based on actual customer histories.
About Net Perceptions
Net Perceptions is the leading supplier of realtime personalization solutions that enable businesses to market to customers on a true one-to-one basis. Net Perceptions solutions increase new and repeat business by learning more about each customer's individual needs, tastes and preferences with every interaction, then making increasingly personalized product and service recommendations. Net Perceptions, based in Minneapolis, is a publicly held company (NASDAQ:NETP) which operates additional offices in New York, San Francisco, and London. Customers include many of the world's best known brands including: Art.com; Bertelsmann; Billboard TalentNet; CDnow; E!Online, Micron, SkyMall, Tower Records and Ticketmaster Online. For more information about Net Perceptions products visit netperceptions.com or call 800-466-0711.
About Quintus
Quintus Corporation provides contact center software that unites traditional call center technology with Internet communication, allowing businesses to drive revenue and build customer relationships, consistently and cost effectively, across all media. The company's innovative eContact suite of software includes computer telephony integration software and applications for customer relationship management, email response management, Web, and e-commerce integration. Quintus' award-winning products help businesses build long-term customer relationships, and the company's customers include the "who's who" of corporate America, including 15 of the Fortune 50 companies. In 1997, Quintus acquired Nabnasset Corporation, based in Acton, Mass. Quintus is privately held and 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.
Note to Editors: eContact is a trademark and Quintus is a registered trademark of Quintus Corporation. All other company and product names are trademarks or registered trademarks of their respective holders.
Legal Notice Regarding Forward Looking Statements
Except for the historical information contained herein, the matters discussed in this press release, including, without limitation, the relationship between CommercialWare and Net Perceptions, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those contained in or implied by such statements. Such risks and uncertainties include, without limitation, those relating to: the size and rate of growth of the online interactive marketing market; Net Perceptions' ability to develop, on a timely basis, improvements to or new releases of its solutions and Net Perceptions' ability to successfully market and gain customer acceptance of its products and services (both alone and on a bundled basis). Certain of these and other important risk factors are described in detail in the "Risk Factors" section of Net Perceptions' Registration Statement on Form S-1 (No. 333-71919) and certain other of the company's filings with the Securities and Exchange Commission available online at sec.gov.
CONTACT: Quintus Corporation Laurie Wickham, 508/787-2855 laurie.wickham@quintus.com or Net Perceptions, Inc. Amy McNeil-Anderson, 612/903-1294 aanderson@netperceptions.com or Schwartz Communications, Inc. Christine Brodeur or Laura Nusbaum, 415/512-0770 cbrodeur@schwartz-pr.com lauran@schwartz-pr.com
KEYWORD: CALIFORNIA MINNESOTA NEW YORK MASSACHUSETTS INTERNATIONAL EUROPE INDUSTRY KEYWORD: TELECOMMUNICATIONS COMPUTERS/ELECTRONICS COMED INTERACTIVE/MULTIMEDIA/INTERNET PRODUCT
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