Wednesday February 23, 8:11 am Eastern Time
Company Press Release
WhiteCross Systems and ANGOSS Software Expand Partnership
E-Business and Telecommunications Companies Benefit From Service Based Delivery of Analytical Solution
SAN FRANCISCO--(BUSINESS WIRE)--Feb. 23, 2000--WhiteCross Systems, a pioneer and leader in large-scale data analysis, and ANGOSS Software Corporation (CDNX: ANC - news), the data mining industry's most innovative software development firm, today announced the expansion of their existing OEM agreement. Under the agreement, ANGOSS' flagship data-mining platform, KnowledgeSTUDIO, is integrated with WhiteCross' recently announced Application Service Provider (WX/ASP) offering.
Through WX/ASP Services, e-business and telecommunications companies will receive full-scale analysis of high-volume databases on an application service provider basis. The combined WhiteCross/ANGOSS solution, ExplorationSTUDIO, enhances WX/ASP Services' exceptional data mining analysis of billions of rows of customer, demographic, market, competitor, product, pricing and promotions data. These analyses can then be used to gain a more accurate, holistic view of enterprise information, enabling businesses to improve customer relationships and optimize their offerings.
ExplorationSTUDIO now enables users of WX/ASP Services to achieve unparalleled insight into the key drivers of their business success by leveraging the significant performance advantages of the WhiteCross Data Exploration Server over large data sets and the wide range of data mining techniques available from KnowledgeSTUDIO. The integrated solution allows WX/ASP Services clients to receive detailed analyses of any aspect of their enterprise, which can then be utilized to improve operations.
``For telecommunications and e-commerce companies, a competitive advantage is gained through obtaining a thorough understanding of their products, markets and competitors, then executing on that knowledge faster than those competitors,' said Chris Barfield, CEO, WhiteCross. ``We work with clients to understand customer acquisition and retention patterns and other essential information that aids in judgment of how well their business models are performing. For companies who want the competitive edge in these high-volume data environments, this combined WhiteCross/ANGOSS solution is paramount.'
In addition to its core set of analytical offerings, the WX/ASP Services offer value-added consulting assistance to provide feedback on the analysis. The WX/ASP Services, powered by a wide range of analytical tools including ExplorationSTUDIO and with insight from WhiteCross consultants, enable users to conduct full-scale analysis of high-volume databases including call detail, Web site usage, clickstreams and purchases, linked with customer demographic and preference data, as well as other rich data sources. WhiteCross hosts and manages the analytical operations of clients, allowing them to focus instead on core business activities.
``We fully support WhiteCross' approach of offering its customers the widest possible range of products and service delivery options to take advantage of this solution,' said Eric Apps, President, ANGOSS. ``By pursuing an application service provider business model, WhiteCross is presenting its customers and prospects with a very attractive alternative to acquiring and maintaining their own infrastructure to support their knowledge discovery objectives. The combined power of WX/DES and ExplorationSTUDIO found in WX/ASP is compelling for our customers - whether you look at it in terms of engineering excellence, awesome performance, or return on investment.'
ANGOSS and WhiteCross have also established an agreement covering the licensing of ExplorationSTUDIO for the WX/ASP Services business and for the development and marketing by WhiteCross of data-mining applications built using KnowledgeSTUDIO Software Development Kit (SDK) for use in conjunction with WX/DES. WX/DES, developed by WhiteCross, is the world's fastest high-performance database solution for solutions ranging from simple reporting to complex data analysis.
About WhiteCross Systems
WhiteCross Systems is known as a pioneer and leader in the area of large-scale data analysis including reporting, data-mining and data exploration. WhiteCross has proven the ability to analyze large-scale databases using its Data Exploration Server (WX/DES(TM)), which powers its analytic outsourcing service, WX/ASP. WhiteCross allows organizations to outsource the analytic process, freeing them from the tremendous financial, time and human expenditures commonly associated with large-scale data analysis.
WhiteCross Systems supports and extends its customers ability to grow their businesses with the market leading WX/DES platform and a staff of experienced consultants. WhiteCross consultants use their knowledge of large-scale data analysis to augment the experience of clients' personnel.
Further information on WhiteCross is available on the Internet at www.whitecross.com.
About ANGOSS Software Corporation
ANGOSS Software Corporation, headquartered in Toronto, Canada, develops and sells industry-leading data mining solutions ``at the intersection of the Warehouse and the Web.' ANGOSS customers use ANGOSS data mining solutions to make better business decisions every day.
KnowledgeSEEKER© and KnowledgeSTUDIO© are used by leading Global 2000 companies in the financial services, retail, telecom, healthcare and advanced manufacturing sectors. ANGOSS Software also develops and sells KnowledgeExcelerator(TM) and KnowledgeAccess(TM), data mining add-ins for Excel and Access, the popular spreadsheet and database applications of Microsoft Corporation. KnowledgeWebMiner(TM), KnowledgeExplorer(TM) and VisibleWeb(TM), comprehensive, high-performance solutions for e-business combining advanced data mining and data visualization technology, are planned for release in 2000.
Further information on ANGOSS is available on the Internet at www.angoss.com.
This press release may contain forward-looking statements relating to the future performance of ANGOSS Software Corporation. Forward-looking statements, specifically those concerning future performance and the achievement of operating profitability are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties include the risk of possible customer disappointment or dissatisfaction with ANGOSS Software products, and any resulting failure to expand the user base as anticipated by the Company; the Company's limited operating history and losses; increases in expenses; unproved market acceptance of the Company's products and services; technical uncertainties related to releases of new or modified products and adapting products to specific customer requirements; risks involving management of growth; competition and the introduction of new entrants and/or new products in the Company's markets; product development risks and risks of technological change; the risk of unanticipated expenses or asset reevaluations; and other risks and uncertainties all as described in the disclosure documents filed with securities regulatory authorities in accordance with applicable securities laws.
Note: The Canadian Venture Exchange has neither approved nor disapproved the above information.
KnowledgeSEEKER, KnowledgeSTUDIO, KnowledgeExcelerator, KnowledgeAccess, KnowledgeWebMiner, KnowledgeExplorer, VisibleWeb and VisibleWarehouse are trademarks or registered trademarks of ANGOSS Software Corporation.
WhiteCross Data Exploration and WhiteCross Data Exploration Server are either trademarks or registered trademarks of WhiteCross Systems Ltd. Other product and company names mentioned herein may be the trademarks of their respective owners.
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Contact:
WhiteCross Systems, Inc.
John K. Thompson, 773.293.0720
John.K.Thompson@WhiteCross.com
or
Greenough Communications Group, Inc.
Sara Combs, 617.451.0021
scombs@gcgpr.com
or
ANGOSS Software Corporation
Eric Apps, 416.593.2430
eapps@angoss.com
or
Ken Ono, 416.593.2401
kono@angoss.com |
