Astea Adds Veteran Executive to lead European Sales Expansion Efforts.Business Editors/High-Tech Writers HORSHAM, Pa.--(BUSINESS WIRE)--March 3, 2003 Astea International (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 :ATEA), a leading provider of Service Smart, Enterprise Proven CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. solutions, has announced the appointment of Nicholas Remzi to the new position of Sales & Marketing Director, Europe. Remzi, a well-known figure in the customer service software industry, brings over 20 years of experience to his new role with Astea. As European Sales & Marketing Director, Remzi will add his industry expertise to the company's sales expansion program and help drive revenue and market share. Remzi brings to Astea a strong background in enterprise solution-based sales. Most recently, he was responsible for internal sales, direct sales, channel partner sales and global marketing at SharpOWL Software International, a leading European professional services automation See PSA. software company and strategic partner with Microsoft and top-tier global technology consulting firms. 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. Pat Noble, managing director of Astea's European operations, "Nick's ability to seek out and maximize new sales channels and vertical markets, and his comprehensive knowledge of the enterprise solutions industry will be valuable assets to Astea. We expect Nick's leadership to help us 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 many opportunities available in the European market." Noble continued, "Nick's acceptance of this position continues to demonstrate Astea's ability to attract top-notch personnel." Remzi added, "Every company investing in IT is being very selective and looking carefully for systems that will maximize resources and overall efficiency. Astea delivers flexible solutions with high return on investment for equipment and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. companies. Customer service is the business driver for growing equipment and service sales, which is the focus of Astea's enterprise software solutions." About Astea International Astea International Inc. (www.astea.com) is a global supplier of integrated Customer Relationship Management (CRM) solutions that provide service-centric companies with a rapid return on their technology investment. Astea's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Alliance CRM Suite, integrates, automates and streamlines sales and service business processes, thereby increasing productivity, competitive advantage, customer focus, top-line revenue growth and profitability. The full module set includes Sales & Marketing, Contact Center, Field Service, Professional Services and Mobile CRM solutions. Extending relationship from the field to the front office, the Company offers over twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. of domain expertise, linking disparate business organizations and collapsing the time from contract to cash. Astea Alliance solutions manage the entire customer lifecycle from generating leads, to closing sales to providing world-class support that drives business. (C) 2003 Astea International Inc. Astea and Astea Alliance are trademarks of Astea International Inc. All other company and product names contained herein are trademarks of the respective holders. This press release contains forward-looking statements that are made under 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 of 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 and involve a number of risks and uncertainties that could materially affect future results. Among these risk factors are possibilities that the companies mentioned in this press release may not purchase licenses for Astea products, the continuing acceptance of Astea's products, general competitive pressures in the marketplace, and continued overall growth in the customer relationship management solutions industry. Further information regarding these as well as other key risk factors and meaningful cautionary statements that could affect the Company's financial results are included at length in the Company's 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. for the fiscal year ended December 31, 2001, filed with the Securities and Exchange Commission. |
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