Chordiant Announces PrimeResponse Deal.

Chordiant Software, Inc., a developer of unified customer relationship management solutions, announced it signed a definitive agreement to acquire PrimeResponse, Inc., a provider of business-to-consumer relationship marketing solutions and expertise. The combined company would be called Chordiant Software, Inc. The transaction should be completed during the second quarter of 2001. The combined company will have a global corporate structure with geographic coverage in the U.S., England, France, the Netherlands, Germany, Australia and Singapore. The combined company expects to benefit from opportunities through existing relationships with major corporations worldwide, positioning it as a global provider of customer acquisition, retention, relationship management and CRM infrastructure software for intelligent communications. During the first quarter of 2001, Allen Swann, current president of international operations for PrimeResponse, will assume responsibility for its worldwide field operations. PrimeResponse also accepted the resignations of Paul Lavallee, president of the Americas, and James Carling, chief technical officer, effective January 12, 2001.