ActionPoint, Inc. Announces World's First Interaction Management System; Simplifies Web Interactions to Help People Do Business On-Line.Business Editors SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--April 24, 2000 ActionPoint, Inc., formerly Input Software, 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 :INPT INPT Institut National Polytechnique de Toulouse (French school) INPT Inpatient INPT In-Port INPT Institute National des Postes et Telecommunications (Moroccan School) ), unveiled today its ActionPoint Interaction Management System for Global 1000 organizations and net marketplaces. A high performance e-commerce software suite, the ActionPoint System is the first to simplify the wide range of complex Web interactions -- interactions between people and e-commerce systems -- needed to conduct business on-line. It then delivers validated and formatted content to enterprise or B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business process automation systems, triggering real-time fulfillment processes. The ActionPoint System enables e-businesses to build dynamic and intelligent Web interfaces for action points--interactions between people and e-commerce systems. Action points include generating requests for quotes, bid responses, or purchase orders; configuring complex products; or applying for credit cards, mortgage loans or life insurance on line. Today, many e-businesses report that up to 95% of people that start a complex Web interaction fails to complete it, largely out of frustration with cumbersome Web forms, static interfaces, and slow response times. ActionPoint's new Interaction Management System eliminates these problems by providing dynamic, personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. , and intelligent Web interactions, making it faster and easier for people to complete transactions online. When action points are streamlined, vertical marketplaces secure trading partnerships and achieve critical mass more quickly to stake out leadership positions; dot.coms increase e-sales revenue and retain customers; and Global 1000 organizations secure and grow on-line market share. "History has shown us that new technologies aren't widely adopted until they are easy enough for people to use," said Kimra Hawley, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President of ActionPoint, Inc. "It's clear from these high abandon rate statistics that people still find it too difficult to do complex business online. We aim to make it easy enough that people switch from their current ways of doing business to doing business over the Internet." "Our clients like 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. realize that it's no longer enough to post electronic forms up on the Web and hope that you can close business on-line," said Albert Ray Edwards Ray Edwards (born January 1, 1985 in Cincinnati, Ohio) is an American football player for the Minnesota Vikings. He played college football for Purdue University and was drafted in the fourth round of the 2006 NFL Draft by the Vikings. , Jr., President & CEO of Lighthouse Consulting Group, an e-business consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a . "To succeed in e-commerce, a completely different approach is needed. ActionPoint activates a whole new personalized Web-based experience that is truly interactive, and guides users to complete on-line transactions, unassisted, in real-time. With ActionPoint, our clients can accelerate the deployment of next generation e-commerce sites that encourage self-service and increase e-sales revenue." Bruce Silver, Principal at Bruce Silver Associates, a leading e-commerce consultancy, said, "There are a number of software vendors which provide single-purpose tools for product configuration solutions. But ActionPoint is the first to have developed a general-purpose XML-based solution that can be applied across all the action points required to consummate end-to-end business on the Internet." A High Performance E-Commerce Software Suite The ActionPoint Interaction Management System consists of three complementary software products: -- ActionPoint Dialog Server: an XML-based product that allows organizations to rapidly deploy and easily maintain dynamic, personalized Web interactions at all action points needed to consummate end-to-end business on the Internet. It moves transaction intelligence out to the customer's browser, providing both personalized content, which ensures the user is only asked questions that make sense in the context of previous answers, as well as personalized presentation formats to meet specific customer or partner needs. The Dialog Server was previously announced under the project name DynamicInput. -- ActionPoint Enterprise Server: a high-performance, customizable and scalable system for post-session processing and integration with enterprise systems. For example, it can perform lookups and validation from external data sources; create transaction confirmation documents and email them to customers; and can convert a Web interaction to a permanent transaction record for archival and non-repudiation purposes. It then delivers validated and formatted information directly to content management, B2B process automation, and ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. systems; databases; Web sites; or custom-built legacy systems. -- InputAccel(R): ActionPoint's award winning capture system transforms mission-critical data from paper and fax into e-business ready content. This content is then ready for enterprise delivery by the new Enterprise Server product. InputAccel plays a critical role for many Global 1000 organizations that are migrating applications from paper to the Web, yet must continue to support both forms of customer interaction. It is also significant for the new net marketplaces -- according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12. Research, over 98% of B2B net marketplaces still conduct transactions today via faxes, phone calls, and paper invoices. Ideal Solution for Global 1000 Organizations and Net Marketplaces The Interaction Management System is designed for both the new Web-based net market intermediaries and ActionPoint's established base of Global 1000 customers. "ActionPoint has been serving the information capture needs of large organizations for over four years, and these are exactly the applications our customers now want to move to the Web" says Hawley. "Today, we have an installed base of over 350 Global 1000 organizations, including Amgen, Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , BASF BASF Bar Association of San Francisco (since 1872; San Francisco, California) BASF Badische Anilin und Soda Fabrik (German chemical products company) BASF Builders Association of South Florida , Compaq, First Union, McGraw Hill, Monsanto, Metropolitan Life, Novartis, Oracle Corp., Prudential, The Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box , Toyota, and government agencies such as the U.S. Patent and Trade Office. Because of this experience, we know what it takes to be successful in this application area." "We've also taken a unique approach, which is to make the new ActionPoint System compatible with systems and infrastructure already in place at these sites," continued Hawley. "This preserves our customers' investments and provides them an 'e-commerce ready' platform for the future." "ActionPoint's introduction of new technologies for Internet infrastructures that are compatible with systems already installed at over 350 Global 1000 organizations sets an enviable en·vi·a·ble adj. So desirable as to arouse envy: "the enviable English quality of being able to be mute without unrest" Henry James. example for an eCommerce community that faces rapid and ongoing evolutions in customer requirements," said Mary Wardley, Research Director, eCommerce Software at IDC. "By adding new eBusiness capabilities to existing infrastructures, customers can make a smooth and rapid transition from traditional methods of doing business to Internet-based eCommerce." Pricing, Availability, and Support The ActionPoint Interaction Management System will run under Windows(R) NT and UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). . The ActionPoint Interaction Management System will be available as separate components or as an entire solution suite in 3Q 2000. Full system pricing begins at $150,000. For additional information about the ActionPoint Interaction Management System, including white papers, please visit our web site at www.actionpoint.com. About ActionPoint, Inc. ActionPoint, Inc., formerly Input Software, Inc., provides e-commerce interaction management software for Global 1000 organizations and net marketplaces. The ActionPoint Interaction Management System enables e-businesses to rapidly build and deploy dynamic and intelligent Web interfaces for action points--interactions between people and e-commerce systems. It also streamlines the collection and transformation of mission-critical information -received via the Web, email or as traditional paper-based documents -and ensures delivery of this as validated and formatted e-content to enterprise or B2B process automation systems, triggering real-time fulfillment processes. ActionPoint, Inc.'s Nasdaq ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors `INPT' will change to `ACTP' on April 26, 2000. The company recently appeared on Deloitte and Touche's 1999 Silicon Valley Technology "Fast 50" listing of fastest growing technology companies. For more information, visit the company's Web site at http://www.actionpoint.com. ActionPoint, the ActionPoint logo, "The Brains in the Browser", and InputAccel are trademarks, or registered trademarks, of ActionPoint, Inc. All other trademarks or registered trademarks are the property of their respective owners. Please note: 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 provides a "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. " for forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Certain information included in this news release (as well as information in oral statements or other written statements made or to be made by ActionPoint, Inc.) contain statements that are forward-looking, such as statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the future anticipated direction of the futures and securities industry, plans for future expansion, various business development activities, planned capital expenditures, anticipated sales, potential contracts, dependence on existing management, domestic and global economic conditions, changes in federal or state laws, and market competition factors. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future, and accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of ActionPoint, Inc. |
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