ATG and Accretive Commerce Form Strategic Alliance to Deliver Fully Integrated, End to End Direct Commerce Solution.CAMBRIDGE, Mass. & CHARLOTTE, N.C. -- Accretive Commerce to Serve as Value Added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. Integrator of ATG ATG antithymocyte globulin. lymphocyte immune globulin (antithymocyte globulin equine, ATG, ATG equine, LIG) Atgam Pharmacologic class: Immunoglobulin Therapeutic class: Immunosuppressant Commerce OnDemand Delivering Seamless Client Experience ATG (Art Technology Group, Inc., NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ARTG ARTG Australian Register of Therapeutic Goods ), whose licensed and on demand technology powers e-commerce sites and supporting e-marketing and e-service solutions for the world's most consumer-centric enterprises, and Accretive Commerce, Inc., the market leading business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in firm specializing in direct-to-customer commerce, today announced a strategic alliance that will provide online sellers with a powerful new direct-to-customer solution. Under terms of the agreement, the two companies will fully integrate ATG's best-in-class eCommerce applications with Accretive Commerce's market-leading customer care, fulfillment, and logistics solutions, resulting in a new and unique end to end e-commerce option. The solution is available immediately and being actively marketed by both firms. The ATG and Accretive Commerce alliance has been formed to address the challenges consumer-facing organizations currently encounter in developing an effective direct-to-customer channel for their online businesses. Until now, options have been limited to either purchasing disparate e-commerce, customer care, and fulfillment technology and services, resulting in a cost-and resource-intensive vendor search, as well as potential integration issues; or outsourcing their entire e-commerce business, settling for inferior technology, and relinquishing branding and merchandising control. The ATG and Accretive Commerce alliance presents an alternative that overcomes these obstacles by offering a fully integrated, cost effective solution, including best-of-breed software delivered as a service, plus best-of-breed customer care, fulfillment, and logistics services. "Many online merchants, including some of the very largest, are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a complete solution for the unique technology and operational challenges of the e-commerce channel," said Cliff Conneighton, senior vice president, ATG. "The search for a comprehensive solution can delay their online presence, or worse, can cause them to settle for less-than-best e-commerce functionality. Now companies can get a best-in-class solution across the entire demand chain which is fully integrated and customized to meet their exact requirements, with unprecedented speed to market." Several synergies between ATG and Accretive Commerce led to the strategic alliance, including both companies' common history of working with some of the more recognizable brands in retail and apparel. For instance, the specialty fashion retailer New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of & Company recently selected ATG Commerce OnDemand to power its online storefronts and Accretive Commerce for its fulfillment, customer care, and backend integration services. Additionally, the companies have already completed a number of successful integrations in which major retail brands, including Restoration Hardware and American Eagle Outfitters, have used ATG Commerce to power their sites and at the same time have turned to Accretive Commerce for fulfillment and customer care to enjoy significant improvements in their cost structures, revenue growth, and customer satisfaction. "This alliance will produce a very unique offering to the industry; one that addresses a long-standing challenge for on-line sellers," said Matt Carroll, senior vice president, eCommerce Services, Accretive Commerce. "Rather then relying on expensive, proprietary technology from multiple vendors, or integrated solutions that offer 'cookie cutter' services and functions, companies seeking a comprehensive, fully outsourced eChannel will now be able to turn to just one source, Accretive Commerce, and receive the industry's most highly-regarded eCommerce, customer care, and fulfillment solutions. Organizations adopting our end to end solution, powered by ATG, will now have the ability to offer an unmatched, seamless customer experience." About ATG ATG (Art Technology Group, Inc., NASDAQ: ARTG) makes the software that the world's most customer-conscious companies use to create a more relevant and consistent customer experience, throughout the marketing, commerce, and service lifecycle, and across the Web, e-mail, call center, and mobile channels. Offering an alternative to the traditional silo-based approach to customer-facing applications, ATG Wisdom(TM) is the company's strategy for delivering a seamless, more compelling, and mutually valuable experience to each customer and segment. The company fulfills this strategy by providing fully integrated best-of-breed product suites installed on-premise or delivered on-demand. ATG's solutions power over 600 major brands, including A&E Networks, Airbus, American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the , American Eagle Outfitters, Best Buy, Boeing, Cingular Wireless, DirecTV, France Telecom, Friends Provident Friends Provident plc (LSE: FP.) manages a life assurance business mainly based in the United Kingdom and with offices throughout the world. Friends Provident is a financial services group and a member of the FTSE100 Index. , Hewlett-Packard, Hotels.com, Hyatt Hotels, HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) , InterContinental Hotels Group InterContinental Hotels Group (IHG) (LSE: IHG NYSE: IHG) is a multinational company which operates several hotel brands. The largest hotel company by number of rooms (556,000 as of March 2007 [1]), its headquarters are in Windsor just outside Greater London and , Kingfisher, Louis Vuitton The Louis Vuitton Company (more commonly known simply as Louis Vuitton) is a luxury French fashion and leather goods brand and company, headquartered in Paris, France. It is a division of the French holding company, LVMH Louis Vuitton Moët Hennessy S.A. , Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. , Neiman Marcus Neiman Marcus U.S. department-store chain. It was founded in Dallas, Texas, in 1907 by Herbert Marcus, his sister Carrie Marcus Neiman, and her husband, A.L. Neiman. , Philips, Procter & Gamble, Symantec, T-Mobile, Target, US Army, US Navy, Warner Music, and Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. . The company is headquartered in Cambridge, Massachusetts, with additional locations throughout North America and Europe. For more information about ATG, please visit www.atg.com. About Accretive Commerce Accretive Commerce is a market-leading direct commerce channel provider, accelerating companies' growth through a fully integrated range of outsourced eCommerce, Customer Care, and Fulfillment & Logistics solutions and services. Accretive Commerce has a proven track record serving some of the world's best known brands such as American Eagle Outfitters, Godiva, Restoration Hardware and many others. The company combines unparalleled capability, scalability, and flexibility with lean six sigma Lean Six Sigma is a business improvement methodology which combines (as the name implies) tools from both Lean Manufacturing and Six Sigma. Lean manufacturing focuses on speed and traditional Six Sigma focuses on quality. By combining the two, the result is better quality faster. process excellence to deliver its clients a better brand experience, greater revenues, and lower costs. Accretive Commerce has an unparalleled commitment to customer service and a focus on brand protection that translates into guaranteed results and value creation. For more information, visit www.accretivecommerce.com (c) 2006 Art Technology Group, Inc. ATG and Art Technology Group are registered trademarks and ATG Wisdom is a trademark of Art Technology Group, Inc. All other product names, service marks, and trademarks mentioned herein are trademarks of their respective owners. This press release contains forward-looking statements for purposes of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions under The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements involve known and unknown risks and uncertainties that may cause ATG's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Important risk factors affecting ATG's business generally may be found in its periodic reports and registration statements filed with the Securities and Exchange Commission at www.sec.gov. Risk factors related to the subject matter of this press release include the possibility that the ATG product deployment will not be successful, on time or significantly enhance the user's Internet experience or will not increase customer revenue across brands; that those customers leveraging ATG won't have the opportunity to increase revenue and decrease future costs; the need to adapt to rapid changes so products do not become obsolete; the possibility of errors in ATG's software products; the possibility that the solution will not make customer implementations faster or more flexible or permit the customer to meet its customer-facing or infrastructure requirements; that the ATG product will not continue to be integrated with third-party applications servers or will not support all Web services enabled systems; that ATG's product strategy may change in the future; and the risks and costs of intellectual property litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. . ATG undertakes no obligation to update any of the forward-looking statements after the date of this press release. |
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