Allegiance Continues Record Revenue and Customer Growth in 2007.- Triple Digit Growth for Fourth Consecutive Year Demonstrates Demand for Allegiance Solutions That Help Companies Engage with Employees and Customers - SALT LAKE CITY -- Allegiance, Inc., a premier provider of Enterprise Feedback Management (EFM (Ethernet in the First Mile) Using Ethernet to provide connectivity from the customer to the carrier. See 802.3ah. ) solutions, today announced that 2007 continued its record growth in revenue and customer acquisition, achieving a fourth straight year of triple-digit revenue growth and a customer base that now includes more than 1600 companies. This continued expansion is a direct result of the increased demand for the Allegiance Engage platform, a Web-based system launched in 2007 that helps companies capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the business opportunities created by engaging with customers and employees. 2007 Financial and Operational Highlights * Revenues: Allegiance achieved its fourth straight year of triple-digit revenue growth. * Funding and Acquisitions: Allegis Capital lead a round of funding that included TPP TPP thiamine pyrophosphate. Thiamine pyrophosphate (TPP) The coenzyme containing thiamine that is essential in converting glucose to energy. Mentioned in: Beriberi TPP 1. total plasma protein. 2. Capital Advisors and Nippon Venture Capital (NVCC NVCC Northern Virginia Community College NVCC Naugatuck Valley Community College (Waterbury, Connecticut) ); Allegiance also made two strategic acquisitions of compliance and ethics hot-line companies. * Employees: Allegiance staff grew from 10 to 70 employees, with several key hires, including JD Jeppson, VP sales; Chris Cottle, VP corporate marketing; Greg Wiggins, CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. ; Terence Fugazzi, VP demand generation; and Brian Garner, VP finance. * Customers: Allegiance added large enterprise customers, including Tuesday Morning, Zions Bancorporation Zions Bancorporation (NASDAQ: ZION) is a member of the S&P 500, a bank holding company headquartered Salt Lake City, Utah. Its star subsidiary is NSB Public Finance. , T-Mobile and GlaxoSmithKline. In addition, Allegiance customer retention rate remained at nearly 100 percent. * Products: Allegiance launched the Engage platform for Enterprise Feedback Management, which is the first EFM solution to link employee and customer engagement to business outcomes. * Services: Allegiance introduced professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. with a team of loyalty and engagement experts, a full suite of computer training modules, and best practices consulting. * Recognition: Four company executives, including 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. Adam Edmunds, were named to vSpring Capital's list of Top 100 Entrepreneurs; Allegiance was chosen as a top company to watch by American Venture Magazine; Allegiance Engage was selected as Product of the Year by CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. publication Customer Interaction Solutions. In addition to the above highlights, Allegiance also initiated its first Pulse of America survey, a monthly national survey of consumers that takes a pulse of America's banking customer experience in terms of engagement and its drivers, including customer emotions and intentions. Banks can use the Pulse of America results to benchmark their performance against other institutions of similar size, geography, or structure. "Allegiance has experienced exponential growth Extremely fast growth. On a chart, the line curves up rather than being straight. Contrast with linear. during the past four years by working closely with customers, hiring the right people, and investing in the business," said Spencer Tall, Allegiance board member and managing director of Allegis Capital. "Companies are recognizing that engagement with employees and customers is one of the most powerful emerging business principals of this century. It presents a clear competitive advantage that not only help companies grow faster, but can sustain businesses in a slowing economy." Allegiance will be hosting the Engage Summit 2008, its second annual Allegiance conference May 7 - 9, 2008, in Deer Valley Deer Valley is an alpine ski resort in the Wasatch Range in the Park City area of northern Utah. Deer Valley is for skiers only, as it prohibits snowboarding. During the 2002 Winter Olympics Deer Valley hosted the freestyle moguls and aerial, and alpine slalom events. , Utah. Keynote speakers include engagement and loyalty industry thought leaders such as Bob Thompson, CEO of CustomerThink Corp. Thompson is a nationally recognized expert in customer relationship management and customer experience management. More information is available at www.allegiance.com/summit08. About Allegiance Allegiance, Inc. is the premier provider of Enterprise Feedback Management (EFM), solutions that drive growth and increased profitability through improved customer loyalty, employee retention and engagement. The Allegiance Engage Platform is a suite of web and phone-based solutions joined with best practices consulting that allow companies to measure and manage customer and employee engagement across the enterprise. The components of The Engage Platform are customizable to each company's needs and offer management tools and predictive analytics that link employee and customer engagement to real business outcomes. Allegiance serves customers of all sizes across a variety of industries. Allegiance is a privately owned company based in South Jordan, Utah South Jordan is a city in Salt Lake County in the U.S. state of Utah. The population was 29,437 at the 2000 census. As of September 1, 2007, the population was estimated at 50,109 [1]. South Jordan has been one of the fastest-growing cities in Utah since the early 1990s. . For more information about Allegiance, visit http://www.allegiance.com . |
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