Advanta Business Cards Selects Davox's Ensemble Customer Contact Suite to Enhance Customer Service and Increase Agent Productivity.Business/Technology Editors WESTFORD, Mass.--(BUSINESS WIRE)--Jan. 18, 2001 Best-of-Breed Customer Interaction Management Solution to Help Increase Market Reach for Leading Small Business Credit Card Provider Davox Corporation (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 :DAVX), a leading developer of customer interaction management solutions, today announced that Advanta Business Cards, the small business credit card division of Advanta Bank Corp., has chosen the Ensemble(TM) customer contact suite for implementation in its Gibbsboro, N.J. contact center. Ensemble is expected to enhance Advanta's customer service capabilities and increase agent productivity. Advanta plans to begin deploying Ensemble immediately, and has engaged Davox's Enterprise Solutions Services (ESS (1) (Electronic Switching System) A large-scale computer from Lucent used to route telephone calls in a telephone company office. The 5ESS is a Class 5 central office switch, and the 4ESS is a Class 4 tandem office switch. ) organization to implement and integrate the Ensemble suite of products with its existing solutions. "We are simultaneously deploying Ensemble and opening a new contact center," said Tyrone Settles, vice president of asset management for Advanta Business Cards. "We needed a solution that would enable multi-channel communication, and could be rapidly deployed to meet our aggressive timeline. We also wanted to work with one company that could support the entire rollout. Davox is that company, and Ensemble is that solution." Advanta provides consumers and small businesses with targeted financial products and services, including non-conforming mortgages A non-conforming mortgage is a term in the United States for a residential mortgage that does not conform to the loan purchasing guidelines set by the Federal National Mortgage Association /Federal Home Loan Mortgage Corporation (Fannie Mae and Freddie Mac). , business credit cards, equipment leases, insurance and deposit products. "As one of the most successful and respected financial institutions in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Advanta understands the importance of providing premium customer service," said Anthony A. Colangelo, Davox's executive vice president of worldwide sales and international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. . "This new relationship further demonstrates that Davox is a trusted global provider of customer interaction management solutions for the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry." Davox's Ensemble customer contact suite helps organizations optimize the value of every customer interaction. It enables companies to provide better and more consistent customer service, regardless of their communication channel. Ensemble consists of integrated software Separate software components or applications that have been combined into one package. See integrated software package. modules to help companies manage inbound in·bound 1 adj. Bound inward; incoming: inbound commuter traffic. Adj. 1. inbound and outbound out·bound adj. Outward bound; headed away: outbound trains. Adj. 1. outbound - that is going out or leaving; "the departing train"; "an outward journey"; "outward-bound ships" telephony contact, Web and e-mail interaction, and agent workflow. Other Davox customers that have recently selected Ensemble include Center Partners, Wireless Retail, and Spectramind eServices in India. About Davox Davox Corporation (NASDAQ: DAVX) provides customer interaction management solutions to more than 1,000 customers through superior and proven software, services, and support. Financial institutions, utilities, airlines, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. providers, insurance companies, retail organizations, and other companies worldwide benefit from the enhanced agent productivity, optimized customer service, more effective management control, and rapid deployment advantages provided by Davox's customer interaction management solutions. These solutions provide new levels of productivity and capability in the contact center - helping organizations build more profitable customer relationships and meet their evolving e-business and communications challenges. For further information, visit the Davox web site at www.davox.com. About Advanta Advanta (www.advanta.com) is a highly focused financial services company with over 2,700 employees, servicing approximately $25 billion of assets, including approximately $12 billion in managed assets and approximately $13 billion in assets serviced for third parties. Advanta provides consumers and small businesses with targeted financial products and services, including non-conforming mortgages, business credit cards, equipment leases, insurance and deposit products. The Company is also one of the largest servicers of non-conforming mortgages for third parties in the country. Advanta has leveraged its first-class direct marketing and information based expertise to develop state-of-the-art data warehousing See data warehouse. data warehousing - data warehouse and statistical modeling tools that identify potential customers and new target markets. Advanta created one of the first automated underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. and sales engines in the non-conforming mortgage industry. The Company also offers its customers and business partners a broad range of self-service financial solutions and other services on the Internet. Advanta was named one of the 500 Most Admired Companies in America in FORTUNE Magazine's most recent annual survey. In June 2000, American Banker American Banker is a daily newspaper covering the financial services industry. Founded in 1835 and based in New York, American Banker's 70 reporters and editors in six cities monitor developments and breaking news affecting banks. ranked Advanta Bank Corp. third among the top 100 community banks in the nation in terms of return on average assets. Note: Davox is a registered trademark and Ensemble is a trademark of Davox Corporation. All other trademarks are the property of their respective holders. In addition to historical information contained herein, this press release contains 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. concerning future expected financial, operating results, and product and marketing strategies. For example, statements related to the fact that Advanta will deploy the complete range of Ensemble functionality, implementation will begin immediately, Ensemble will enhance customer service or increase productivity, or Ensemble will expand Advanta's market reach, may be considered forward-looking, however Davox does not intend them to be. Davox's future actual results could differ materially from the forward-looking statements discussed or implied herein because of risks or uncertainties including, but not limited to, the difficulty in the development, marketing or selling of the Ensemble solution, the potential for a delay or change to the proposed Ensemble platform, risks associated with competition and competitive pricing pressures, technological change, new product introduction and market acceptance, stock price volatility, the ability of the Company to attract and retain key personnel, general economic conditions in the United States and worldwide markets served by the Company, and those other factors discussed from time to time in the Company's public reports filed with the Securities and Exchange Commission, such as those discussed under "Certain Factors That May Affect Future Results" in the Company's quarterly reports on Form 10-Q Form 10-Q See 10-Q. and annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. . |
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