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CEGEDIM Announces Acquisition of Target Software in the United-States.


PARIS Paris, in Greek mythology
Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt.
 -- CEGEDIM, the European leader in CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization.  (Customer Relationship Management) solutions for the healthcare industry, announced today that it has acquired Target Software, Inc. in the United States. E[acute accent]Target Software (www.targetsoftware.com) licenses its modern suite of CRM, sales force automation Automating the sales activities within an organization. A comprehensive SFA package provides such functions as contact management, note and information sharing, quick proposal and presentation generation, product configurators, calendars and to-do lists. , and drug sample management applications known as "Target SFA See sales force automation.

SFA - Sales Force Automation
" to many US pharmaceutical companies. The Target SFA suite leverages the latest MICROSOFT(R) architectures and development tools including .NET and Windows Mobile(R). "Target Mobile", the company's mobile sales software, is designed specifically for modern mobile platforms including Pocket PC's, Tablets and wireless PDA phones. E[acute accent]Target Software is the rising star among the pharmaceutical CRM providers in the US. In addition to its many direct pharmaceutical company licensees, Target Software is the clear choice among leading contract sales organizations (CSO's) in the United States, with thousands of pharmaceutical sales representatives successfully deployed on its Target Mobile software. Target Software is the only company in the CRM sector which has enjoyed annual organic growth of more than 50% over the past three years, with impressive market share gains. Turnover in 2005 will be more than 10 million US dollars. E[acute accent]The combination of CEGEDIM and Target Software is a decisive new milestone in the realization of CEGEDIM's ambition to become a global player in the field of CRM software and services dedicated to the worldwide healthcare industry. E[acute accent]SG Americas Securities LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 acted as financial advisor to CEGEDIM for this transaction.

E[acute accent]About CEGEDIM:

E[acute accent]CEGEDIM is an international company with 36 years' experience supplying CRM and IT services to pharmaceutical companies and healthcare professionals. CEGEDIM's offerings consist of recurring services enhanced by CEGEDIM's proprietary databases. The group is recognized worldwide for its expertise in using advanced technologies like database management, IT systems and networks to collect the targeted and complex data vital to its clients' operations. CEGEDIM employs 4,200 people operates in 58 countries and generated turnover of 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.
 428 million in 2004. E[acute accent]To learn more, please see our corporate website: www.cegedim.fr, or CRM website: www.cegedim-crm.com. E[acute accent]Cegedim has been listed on Euronext Paris since 1995 - ISIN Isin (ĭs`ĭn), capital of an ancient Semitic kingdom of N Babylonia. The city became important after the third dynasty of Ur fell to the Elamites and the Amorites (c.2025 B.C.). The phase from c.2025–c.1763 B.C.  FR0000053506 - Reuters CGDM CGDM Consortium on Green Design and Manufacturing .PA - Bloomberg CGM.
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Publication:Business Wire
Geographic Code:1USA
Date:Apr 4, 2005
Words:379
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