Azerity's ProChannel Solution Selected by Wavecom to Better Manage Their Sales Process.Business Editors/High-Tech Writers MILPITAS, Calif.--(BUSINESS WIRE)--Jan. 27, 2004 Azerity Provides a Global Sales and Operations Data Repository See repository. to Improve Visibility into Their Entire Sales Process A sales process is a systematic approach for performing product or service sales. The reasons for having a sales process include seller and buyer risk management, achieving standardized customer interaction in sales and scalable revenue generation. Azerity(R), the leader in sales execution and channel automation solutions, today announced that, Wavecom SA (Nasdaq:WVCM WVCM Workspace Versioning and Configuration Management )(Euronext Nouveau Marche Nouveau Marche An equity market unit of the Paris Bourse that deals solely in innovative, high-growth companies. : AVM AVM 1 Acute viral meningitis, see there 2 Arteriovenous malformation, see there ) has selected the ProChannel(R) solution to automate and improve the overall efficiency of their sales process. The solution is currently being deployed worldwide using Azerity's European local resources. Wavecom is a recognized leader for integrated wireless solutions. These solutions answer the needs of forward-looking markets by enabling the integration of the greatest number of applications. With Azerity's ProChannel, Wavecom can aggregate project information in real-time about direct and indirect sales opportunities. This information is collected at the earliest stage of the sales cycle from their sales force and channel partners and dynamically applied to specific transactions in real time. ProChannel helps Wavecom minimize risk by enabling them to react in time to changes. Managers and executives do no longer have to consume an inordinate amount of time to gain insight into the company's sales pipeline. With ProChannel, they can better understand and analyze their demand creation process, which is paramount to remain competitive and increase revenue stream. This knowledge of customer projects and application becomes the primary source of information for the corporation to anticipate and formulate strategic directions. Azerity ProChannel creates a systematic and more cohesive relationship between sales, marketing and operation groups and provides the means to optimize the product mix and refine customer segmentation. "ProChannel, our sales execution solution, is critical to the success of companies like Wavecom," said Stephen Gold, 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. of Azerity. "This has been proved by many of our other customers like ON Semiconductor (Nasdaq:ONNN) and Cypress Semiconductor (Nasdaq:CY). We are committed to Wavecom's success and are confident that they will derive substantial returns from our ProChannel solution." About Wavecom Wavecom is a leading provider of integrated technology solutions for wireless voice and data applications. Wavecom's Wireless Open Workshop offering includes all the software and hardware elements that are necessary to develop truly innovative wireless devices, as well as the development tools and services needed to bring them to market quickly and easily. Founded in 1993 and headquartered near Paris in Issy-les-Moulineaux, Wavecom has subsidiaries in Hong Kong (PRC), Seoul (South Korea), San Diego (USA), Darmstadt (Germany) and Guildford (UK). Company revenues totaled EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 551.1 million in 2002 and EUR215.3 million for the nine months ended September 30, 2003. Wavecom is publicly traded on Euronext Paris in France and on the NASDAQ exchange in the U.S. About Azerity Azerity(R) is a leading provider of web-based enterprise class software applications for sales execution and channel automation. Sales execution, or next generation CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. systems, provides intelligent automation and management of customer transactions which result in improved revenues, reduced costs, enhanced margins, and accentuated customer and channel satisfaction. ProChannel(R), their award-winning suite of applications, provides manufacturers and their extended selling organization total visibility and management of the sales and marketing activities. A patent-pending process allows organizations to map their business processes across the ProChannel suite of 29 feature rich modules. Combining in depth functionality with extensive domain expertise, a proven ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). , unparalleled professional services, and total customer satisfaction, it is clear why Azerity has emerged as the standard for enterprise class sales execution and channel automation solutions for manufacturing industries with complex sales processes. The Company worldwide headquarters are located at 640 N. McCarthy Boulevard, Milpitas, CA 95035. The EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. headquarters are located at 1464 Chemin de Vallauris, 06410 Biot, Sophia-Antipolis, France. For additional information about Azerity, visit www.azerity.com or call 408.324.2300. "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. " Statement under 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: Statements herein that are not historical facts are "forward-looking statements" involving risks and uncertainties, including but not limited to: the effect of global economic conditions, shifts in supply and demand, market acceptance, the impact of competitive products and pricing, product development, commercialization and technological difficulties, and capacity and supply constraints. |
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