| An SI Board Since February 2000 |
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| 5 |
4 |
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CHRD |
| Emcee:
SEAS
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Type:
Unmoderated
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CUPERTINO, Calif., Feb. 15 /PRNewswire/ -- Chordiant Software, Inc. (Nasdaq: CHRD - news), a provider of e-business infrastructure software that enables companies to offer their customers personalized marketing, sales programs, e-business services and customer support across multiple communication channels, announced today that it has commenced an initial public offering of 4.5 million shares of its common stock at an offering price of $18 per share. All shares are being sold by the company. The shares are being offered through underwriters led by FleetBoston Robertson Stephens Inc., Dain Rauscher Wessels and Thomas Weisel Partners LLC. The underwriters will have an option to purchase up to 675,000 additional shares to cover any over-allotments, up to 250,000 of which would be sold by stockholders.
Copies of the final prospectus relating to this offering may be obtained from the office of FleetBoston Robertson Stephens Inc., 555 California Street, Suite 2600, San Francisco, California 94104, 415-781-9700; Dain Rauscher Wessels, Dain Rauscher Plaza, 60 South Sixth Street, Minneapolis, Minnesota 55402, 612-371-2711; and Thomas Weisel Partners LLC, One Montgomery Street, San Francisco, California 94104, 415-364-2500.
The Company
Chordiant provides e-business infrastructure software that enables companies to offer their customers highly personalized marketing, sales programs, e-business services and customer support across multiple communication channels. Chordiant's product, Customer Communications Solution, or CCS, is a suite of applications designed to integrate customer information from disparate data sources, automate business processes dependent on a customer's specific profile and request, and provide consistent service to customers across communications channels including Internet, telephone, e-mail, and branch offices.
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