Authoria Sets the Standard in the HR Communications Market, Touching the Lives of Millions of Employees Nationwide.Business Editors/High-Tech Writers WALTHAM, Mass.--(BUSINESS WIRE)--Feb. 4, 2003 New Customers, Key Partnerships, Successful Employee Self-Service Initiatives and Industry Recognition Highlight 2002 Authoria, Inc., the world leader in Web-based human resource communication, continued to see strong demand for its HR communication software over the past year. Bucking the continued, industry-wide economic downturn, Authoria experienced record revenue growth, added numerous exciting new customers and delivered a strong profitable business model to its shareholders. Significant new customer wins for the company's flagship Authoria HR(TM) software included Motorola, Darden Restaurants Darden Restaurants, Inc. is a multi-brand restaurant operator. The firm owns several casual dining chain store, most notably Red Lobster and Olive Garden. Today, Darden owns and operates more than 1,300 restaurant locations throughout North America and has more than 150,000 , Inc., Cinergy Corporation and Lafarge North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Authoria also continued to receive recognition from leading business, HR industry and technical publications for its market leadership and product development. Authoria closed the year by announcing that nearly one million of its customers' employees used Authoria HR for self-service open enrollment. As a result, companies such as 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. , Travelers Property Casualty and CUNA Cuna Chibchan-speaking Indian people who once occupied the central region of what is now Panama and the neighbouring San Blas Islands and who still survive in marginal areas. In the 16th century they lived in federated villages under chiefs who wielded considerable power. Mutual Group were able to dramatically reduce the costs associated with educating employees about HR policies and enrolling them in benefit programs for 2003, while offering better service. These capabilities were recognized earlier in the year as Authoria was selected for the second year in a row by Forbes Magazine as one of the leading companies in the Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. category in their October 2002 "Best of the Web: 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 " issue. "We are very proud of our recent accomplishments and the rapid adoption by Global 2000 companies, despite a continued, tough macro-economic climate," said Tod Loofbourrow, Authoria president and 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. . "By strengthening our commitment to our strategic partners and customers over the past year, Authoria is extremely well positioned to benefit as enterprise portals continue to evolve and drive employee productivity initiatives." New Customer Wins Strengthening their market dominance Market dominance is a measure of the strength of a brand, product, service, or firm, relative to competitive offerings. There is often a geographic element to the competitive landscape. in the HR communication industry, Authoria added numerous exciting new customers in 2002 in a wide variety of vertical markets including the manufacturing, utilities, healthcare, 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. , and defense and hospitality industries. Some of the new customers selecting Authoria products in 2002 included Campbell Soup Company Campbell Soup Company (NYSE: CPB) (also known as Campbell's) is a well-known American producer of canned soups and related products. Campbell's products are sold in 120 countries around the world. It is headquartered in Camden, New Jersey. , Capital One, Cinergy, Countrywide Home Loans, Darden Restaurants, Keyspan Energy, Lafarge North America, Motorola, Synovus Financial Corp. and Sutter Health Sutter Health is a hospital network in Northern California based in Sacramento, California. External links
New Product Success As the standard in HR communications, Authoria has built very strong relationships with its customers. In 2002, Authoria continued to build and introduce new products throughout the year as a result of feedback from its existing customer base. The collaborative relationship that the company has fostered with its customers has provided Authoria with deep insight into the needs of both IT and HR professionals. In June of 2002, Authoria released Authoria eSPD Health and Welfare, which allows organizations to create, maintain and distribute summary plan descriptions (SPDs) online. Customers using this award-winning product can achieve dramatic cost reduction around developing and distributing SPDs. By December 2002, Authoria had sold and shipped Authoria eSPD to twenty percent of its existing customer base. Authoria also released Authoria HR UK, a Knowledge Application that provides support for Authoria's global customers that have employee populations in the UK. In addition to Authoria's global customers, UK-based HR outsourcer Xchanging, has chosen Authoria to support its client base. Strategic Partnership Enhancements During 2002, Authoria announced the expansion of a strategic relationship with Towers Perrin, one of the world's largest global management consulting firms List of Management Consulting Firms 1. McKinsey & Company 2. Marakon Associates 3. Boston Consulting Group (BCG) 4. A.T. Kearney 5. Booz Allen Hamilton (BAH) 6. Monitor Group 7. Bain & Company 8. Roland Berger , and a new strategic partnership with Deloitte & Touche, a leading professional services firm. Authoria also strengthened their partnership with PeopleSoft by announcing Authoria Connectors for PeopleSoft, which connect Authoria Knowledge Applications and PeopleSoft Collaborative Applications to provide a seamless integration of knowledge and transactions. Authoria Knowledge World Authoria's annual user conference, Authoria Knowledge World, was once again a tremendous success with a record number of attendees. The event, which attracts hundreds of senior HR and benefits executives, directors and managers, provides Authoria customers and partners with an open forum to discuss challenges facing the HR industry as well as technologies and techniques for the latest Authoria HR solutions. Now in its third year, the Authoria Customer Advisory Council (CAC See Consumer Advisory Council. ), a select group of HR professionals representing a cross-section of Authoria customers including Alliant Techsystems (ATK ATK - Andrew Toolkit ), American Family Insurance American Family Insurance Group (aka "AmFam") is a private mutual company which focuses on property, casualty and auto insurance, but also offers commercial insurance, life, health, and homeowners coverage, as well as investment and retirement-planning products. , Boston Scientific and Motorola, was an important part of the conference agenda planning. The CAC was also instrumental in providing crucial guidance on product and marketing initiatives. This year's conference, Authoria Knowledge World 2003, will be held on May 18-21 at the Hyatt Regency Scottsdale at Gainey Ranch, Scottsdale, AZ. Awards Authoria, the company and its products were recognized by several leading business and HR publications in 2002. In addition to being named best-in-class HR self-service & communication application in a Reuters Business Insight Human Capital Strategies report, Authoria was also named as one of the leading companies in the Human Resources category by Forbes magazine in the "Best of the Web: B2B" issue. Authoria was also selected as one of New England's Fastest Growing Technology Companies in the Deloitte & Touche Technology Fast 50 Program, named to Software Magazine's annual Software 500 and awarded Best Enterprise Application honors by MIMC MIMC Massachusetts Interactive Media Council MIMC Manitoba International Marketing Competition (Manitoba, Canada) MIMC Mobile Infirmary Medical Center MIMC Mercury IMC Ltd (hazardous areas security access devices) , the Massachusetts Interactive Media Council. This year's achievements marked Authoria's second appearance in the Forbes Best of the Web, B2B, second appearance in the Software 500 and fourth in the New England Technology Fast 50. About Authoria Authoria is the world leader in personalized, Web-based human resource communication. Authoria HR is the knowledge application standard in the software industry. Over one hundred organizations worldwide rely on Authoria to dramatically improve employee communication while streamlining costs. Authoria's knowledge applications manage and communicate human resource information to millions of people at some of the world's largest companies, including Boeing, Motorola and Wells Fargo. Among Authoria's partners are industry-leaders PeopleSoft, Towers Perrin, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) BCS (1) (The British Computer Society, Swindon, Wiltshire, England, www.bcs.org) The chartered body for information technology professionals in the U.K., founded in 1957. and Accenture. Based in Waltham, MA, Authoria has been ranked three times by Inc. Magazine as one of America's fastest-growing private companies and has been recognized by Deloitte & Touche in the New England Fast 50 four times and the National Fast 500 twice. For more information, please visit www.authoria.com. Note to editors: Authoria, Authoria eSPD, Authoria HR, Authoria Outsourcer, Authoria HR UK Benefits and Authoria HR UK Policies are trademarks or registered trademarks of Authoria, Inc. in the United States and other countries. All other product names and references contained herein remain the service marks, trademarks or registered trademarks of their respective owners. |
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