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Gold/Mining/Energy : SmartSales Inc (SA-Alberta) -- Ignore unavailable to you. Want to Upgrade?


To: IceCube who wrote (24)3/16/2000 9:49:00 AM
From: bcjt  Read Replies (1) | Respond to of 51
 
SmartSales Announces Exercise of Warrants

TORONTO, ONTARIO--SmartSales Inc. (CDNX:SA) announced today that
Nigel Stokes, Chairman of the Board and a director of SmartSales,
completed a transaction to exercise one million warrants at an
exercise price of $.45 per share. The proceeds of the transaction,
$450,000, will be used by the Company for general corporate
purposes and specifically to fund two important initiatives. The
first initiative is the acceleration of market development
strategies for the Company's Outsmart suite of products. The
second initiative that can now be expedited and fully funded is
the final development of the Company's Outsmart product for the
wireless hand held device marketplace.

The proceeds from the exercise of the warrants will enable the
Company to complete the development, on an accelerated basis, and
the Company expects to have an Outsmart version for both wireless
and connectable hand held devices ready for sale by the end of
June 2000. At that time, the suite of Outsmart products will
consist of a single user version; a small and medium sized
enterprise version (the SME-Mail product); two separate large
enterprise versions offering differing levels of functionality and
complexity for users; and the hand held device version. The full
range of Outsmart products recognizes user needs and follows the
extension of Microsoft's Outlook through various platforms.

"I have strong confidence in the SmartSales Management team and
product vision," states Nigel Stokes. The ability of new Outsmart
suite of products to service a large market ranging from small and
medium enterprises to fortune 1000 is extremely exciting. The
product strategy will allow customers to deploy the Outsmart
product line on a full range of technology from hand held devices
to enterprise servers. "That's why I invested," added Mr. Stokes.

"The exercise of the warrants is a solid endorsement of the
Company and its prospects," said Don Parker, President and CEO.
"The most exciting part though, is our ability to now move forward
and quickly complete the final development phase of Outsmart for
the hand held marketplace. This will place Outsmart in an
incredibly strong and strategically sound competitive position to
meet the needs of many businesses seeking an effective,
easy-to-use, easy-to-install sales force automation tool" added
Mr. Parker.

About SmartSales Inc.

SmartSales develops and distributes leading-edge sales cycle,
sales tracking and sales management software that is practical,
easy-to-use and economical to buy and implement. SmartSales
products are specifically designed to help increase revenue
generation for users in the selling channel by enhancing the
efficiency and effectiveness of the sales cycle for both sales
representatives and corporate managers. SmartSales products
effectively combine attributes of both sales force automation
software and customer relationship management software in one
easy-to-use opportunity management format.

bcjt



To: IceCube who wrote (24)3/23/2000 10:34:00 AM
From: bcjt  Read Replies (1) | Respond to of 51
 
SMARTSALES ANNOUNCES SALES AND INSTALLATIONS
OF FIRST ENTERPRISE VERSIONS OF OUTSMART

--------------------------------------------------------------------------------

Toronto, March 23rd, 2000 ð SmartSales Inc. (CDNX:SA) announced today that the first installations of its Outsmart for Workgroups Enterprise application suite will commence the week of April 4, 2000. This application is the first of three enterprise versions of the Outsmart product line and represents the initial roll out of the enterprise versions. The Outsmart for Workgroups product targets the SME (small and medium sized enterprise) marketplace. This version is specifically designed to meet both the functional needs, and installation ease, required by typical small and medium sized businesses ranging in size of user communities from a few users to a hundred plus users.

"The initial market response to our Outsmart product release has been very positive," said Don Parker, President and CEO. "We have taken orders from all over North America and will be installing these systems in the coming weeks. We have spoken to many prospects and when the majority of them ask for price quotes and potential installation dates, it becomes increasingly clear that we have a unique product offering that meets the needs of a significant number of businesses" added Mr. Parker.

The Outsmart for Workgroups product is both easy-to-install and easy-to-use. "We specifically want to make the entire experience for clients committing to Outsmart an effortless one, from the time of initial investment through implementation and use" said Mr. Parker. Product functionality without ease of installation creates a cost burden and risk for many companies seeking customer relationship management, opportunity management and sales force automation applications. "We recognize that lengthy and complex implementation cycles that disrupt the sales function pose mission critical risks to businesses, no matter what size they are. Most installations of Outsmart for Workgroups can be completed in less than two days, and without the need for lengthy on-site support. This means the client is up and running, and earning a return on their investment within days of installation. This is the client experience that we believe will deliver value," added Mr. Parker.

About SmartSales Inc.
SmartSales develops and distributes leading-edge sales cycle, sales tracking and sales management software that is practical, easy-to-use and economical to buy and implement. SmartSales products are specifically designed to help increase revenue generation for users in the selling channel by enhancing the efficiency and effectiveness of the sales cycle for both sales representatives and corporate managers. SmartSales products effectively combine attributes of both sales force automation software and customer relationship management software in one easy-to-use opportunity management format.

For more information, please contact:

Investor Relations 1.888.257.5559
Ir@outsmartsoftware.com

bcjt