CORRECTING and REPLACING Onyx Software Names Janice P. Anderson CEO and Chairman; CEO Brings Track Record of Leading Companies to Profitable Revenue Growth.Business Editors/High-Tech Writers CORRECTION...by Onyx onyx (ŏn`ĭks), variety of cryptocrystalline quartz, differing from agate only in that the bands of which it is composed are parallel and regular. Software BELLEVUE, Wash.--(BUSINESS WIRE)--June 9, 2004 In BW5267 issued June 9, 2004: Under the subhead sub·head n. In both senses also called subheading. 1. The heading or title of a subdivision of a printed subject. 2. A subordinate heading or title. Noun 1. "Onyx Conference Call", please note that the conference call time should be 4:00 pm (Eastern)/1:00 pm (Pacific) (sted 4:30 pm Eastern/1:30 pm Pacific). The corrected release reads: ONYX SOFTWARE NAMES JANICE P. ANDERSON 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. AND CHAIRMAN; CEO BRINGS TRACK RECORD OF LEADING COMPANIES TO PROFITABLE REVENUE GROWTH Onyx(R) Software Corporation (Nasdaq:ONXS), a worldwide leader in successful customer relationship management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ), today announced that former Lucent CRM executive Janice P. Anderson has been named chief executive officer and chairman of the board. "Janice has a proven track record of delivering profitable revenue growth through new business models, targeted go-to-market strategies and strategic acquisitions," said former 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. executive and Onyx board member Terri Dial. "She's an exceptional leader with the right mix of original thinking, problem solving problem solving Process involved in finding a solution to a problem. Many animals routinely solve problems of locomotion, food finding, and shelter through trial and error. abilities, leadership skills and energy to help Onyx 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 growing opportunities in the CRM marketplace." Anderson is a seasoned business executive, strategist strat·e·gist n. One who is skilled in strategy. Noun 1. strategist - an expert in strategy (especially in warfare) strategian market strategist - someone skilled in planning marketing campaigns and entrepreneur with global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. experience. Her career spans 21 years and encompasses executive management positions in the telecommunications and CRM arena with Lucent Technologies and its predecessor organization, AT&T Corporation, as well as two technology startups. As vice president of Lucent's CRM solutions business unit, Anderson led a team of nearly 2,000 employees focused on developing, marketing and delivering a broad range of solutions and services to enterprise customers in multiple vertical markets and geographies. Under her leadership, revenue more than doubled and the unit attained the number-one market position in every major global market. "As I sought new challenges, I had the opportunity to evaluate more than 30 companies," said Anderson. "Among the most important reasons for choosing Onyx is the company's superior solutions, brand name customer base, and successful track record of delivering solutions that solve meaningful business problems. Best of all, the company also has an incredibly talented and motivated team. Onyx represents a great opportunity, and the company has the essential ingredients for a great outcome of growth, value creation, and market-leadership." In the course of her career, Anderson has successfully addressed a number of business challenges associated with rapidly changing and emerging markets. Among her accomplishments: -- As CEO of several early stage companies, Anderson led the creation of new business models that allowed those organizations to enter new market segments, secure new distribution partners and increase revenues more than 200%. -- While leading Lucent's CRM solutions business unit, Anderson's team negotiated key strategic alliances, grew international revenue by 35 percent annually, and Lucent received 15 industry awards for product innovation and customer satisfaction. -- After defining a high-growth strategy for the Lucent Business Systems division, Anderson and her team negotiated partnerships and investments in Asia, Europe and South America. These and other strategic initiatives helped the division attain the number two position globally. Anderson has a BA in Commerce from the University of Toronto Research at the University of Toronto has been responsible for the world's first electronic heart pacemaker, artificial larynx, single-lung transplant, nerve transplant, artificial pancreas, chemical laser, G-suit, the first practical electron microscope, the first cloning of T-cells, and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration in Finance and Strategy from York University York University, at North York, Ont., Canada; nondenominational; coeducational; founded 1959 as an affiliate of the Univ. of Toronto, became independent 1965. . "We are thrilled to welcome Janice to Onyx, and we are confident in her ability to increase shareholder value," said Foundation Capital partner and Onyx board member Bill Elmore. "We also thank Brent Frei for leading Onyx since the company's inception ten years ago. His vision has resulted in a company with a solid foundation for delivering another decade of innovation and leadership in the CRM market," Elmore added. Frei will remain a member of the board of directors and continue as a full-time member of the executive team to assist Anderson during the transition. Onyx Conference Call Onyx will hold a special conference call to introduce new CEO Janice P. Anderson Thursday, June 10 at 4:00 p.m. Eastern time. The live broadcast of the conference call will be available online at www.onyx.com or www.companyboardroom.com. The call will be archived and available for replay for one week.
When:
Time: 4:00 pm (Eastern)/1:00 pm (Pacific)
Dial-In: 1-800-884-5695
International Dial-In: 1-617-786-2960
Passcode: 16703710
Replay: 1-617-801-6888 (available from 6:00 pm ET 06/10/04 through
11:59 pm ET 06/17/04)
Passcode: 61704877
Forward-Looking Statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. This press release contains forward-looking statements, including statements about the anticipated future prospects of the CRM market and Onyx in general, and the possibility of increased future shareholder value. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made and are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. The words "predict", "believe," "expect," "intend," "anticipate," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Factors that could affect Onyx's actual results include, but are not limited to, the risk that our future operating results are lower than expected, the risk that our market share and stock price do not increase over time, the risk that the CRM market does not grow at the pace we anticipate, the risk that our new CEO does not have the impact we anticipate and the "Important Factors That May Affect Our Business, Our Results of Operations and Our Stock Price" described in our quarterly report on form 10-Q Form 10-Q See 10-Q. for the period ended March 31, 2004. Readers are cautioned not to place undue reliance upon these forward-looking statements that speak only as to the date of this release. Onyx undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events. About Onyx Software Onyx Software Corp. (Nasdaq:ONXS), a worldwide leader in delivering successful CRM, offers a fast, cost-effective, usable solution that shares critical information among employees, customers and partners through three role-specific, Web services-based portals. The Onyx approach delivers real-world success by aligning CRM technology with business objectives, strategies and processes. Companies rely on Onyx across multiple departments to create a superior customer experience and a profitable bottom line. Onyx serves customers worldwide in a variety of industries, including 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. , healthcare, high technology and the public sector. Customers include Amway, United Kingdom lottery operator Camelot, Delta Dental Delta Dental is the largest and oldest dental plan system in the United States. The Delta Dental Plans Association is comprised of 39 independent Delta Dental member companies operating in all 50 states, the District of Columbia and Puerto Rico. , Microsoft Corporation (company) Microsoft Corporation - The biggest supplier of operating systems and other software for IBM PC compatibles. Software products include MS-DOS, Microsoft Windows, Windows NT, Microsoft Access, LAN Manager, MS Client, SQL Server, Open Data Base Connectivity (ODBC), MS Mail, , Mellon Financial  This article or section may contain a proseline.Please help [ convert this timeline] into prose or, if necessary, a . Corporation, The Regence Group, State Street Corporation and Suncorp. More information can be found at 888-ASK-ONYX, info@onyx.com, or http://www.onyx.com/. Onyx is a registered trademark of Onyx Software Corp. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and other countries. Other product or service names mentioned herein are the trademarks of their respective owners. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion