Concerto Software Named to Software Magazine's 21st Annual Software 500; Company's Revenue Growth Leads to Top Ranking from Leading IT Software Journal.Business Editors/High-Tech Writers WESTFORD, Mass.--(BUSINESS WIRE)--Jan. 12, 2004 Concerto Software, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CRTO CRTO Centro Ricerche Terapie Olistiche (Italian) ), a proven provider of customer interaction management (CIM (1) (Computer-Integrated Manufacturing) Integrating office/accounting functions with automated factory systems. Point of sale, billing, machine tool scheduling and supply ordering are part of CIM. ) solutions, has been named to the Software 500, Software Magazine's list of the world's foremost software and services providers. Concerto Software was ranked 170. The complete Software 500 list is available as an online catalog Similar to an online library or databases in the information storage respect, ‘’’online catalogs’’’ allow potential customers to browse a company’s items for sale from a different location using the internet. at www.softwaremag.com. The Software 500 ranking is based on total worldwide software and service revenue for 2002. This includes revenues from software licenses In computing, software that is copyrighted and licensed under a software license is done under a variety of licensing schemes. For end-users there are proprietary licenses and there are free software licenses, and there are proprietary Within these schemes are further classifications. , maintenance and support, training and software-related services and consulting. Suppliers are not ranked on their total corporate revenue, since many have other lines of business, such as hardware. The financial information was gathered by the annual Software 500 survey posted online, as well as from public documents. "IT spending continued to be slow through the period measured by the 2003 Software 500. While the list has changed substantially, with additions and deletions, certain niches paid off," says John Desmond, Softwaremag.com's editorial director and publisher. "It was a year for IT professionals to try to salvage 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). from past software and service investments they had made, since big new projects were out of favor." With a range of customers worldwide, Concerto Software provides contact center solutions that enable companies to more effectively manage customer interactions across all communication mediums. From banks and telecommunications providers to service bureaus and retailers, leading companies depend on Concerto Software solutions to help deliver superior customer service, and successfully nurture valuable customer relationships. The company's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , EnsemblePro, is a complete, globalized multi-channel CIM solution that brings a powerful superset A group of commands or functions that exceed the capabilities of the original specification. Software or hardware components designed for the original specification will also operate with the superset product. However, components designed for the superset will not work with the original. of the best functionality from all of the Concerto Software products together in a single unified platform. Designed from the ground up to incorporate the broad functionality required by today's contact centers - including ACD (Automatic Call Distributor) A computerized phone system that responds to the caller with a voice menu and connects the call to the appropriate agent. It can also distribute calls equally to agents. , predictive dialing, IVR (Interactive Voice Response) An automated telephone information system that speaks to the caller with a combination of fixed voice menus and data extracted from databases in real time. , email, Web chat and collaboration, universal queuing, recording and reporting - EnsemblePro also offers the ability to connect with and add value to existing contact center point solutions. "Concerto Software's ranking on the Software 500 further validates our record of financial performance and our leadership position in the contact center market," said Ralph Breslauer, executive vice president of sales and marketing at Concerto Software. "The contact center continues to be a vital part of the enterprise, playing a strategic role in generating revenue and fostering customer loyalty. Concerto Software takes pride in being the long-term business partner that companies today look to for cost-effective inbound and outbound customer interaction solutions that help reduce complexity and improve productivity." About Softwaremag.com, The IT Software Journal Softwaremag.com, The IT Software Journal, is the Web publishing Creating a Web site and placing it on the Web server. A Web site is a collection of HTML pages with the home page typically named INDEX.HTML. Web sites are designed using Web authoring software which provides a graphical layout capability or by hand coding in HTML or both. effort of Software Magazine, a 20-year brand name in the industry. Softwaremag.com is the online catalog to enterprise software and the home of the Software 500 ranking of the world's largest software and services companies, now in its 21st year. Softwaremag.com is produced by King Content Co., the Web content development and publishing firm run by John P. Desmond, which acquired the product in 2003. About Concerto Software(TM) Concerto Software provides contact center solutions that help companies more effectively manage customer interactions via voice, fax, email and the Web. More than 1,200 companies worldwide - including banks, service bureaus, telecommunications firms, utilities and retailers - use Concerto solutions to deliver superior customer service, and to successfully acquire, retain and grow valuable customer relationships. Concerto Software is headquartered in Westford, Massachusetts Westford is a town in Middlesex County, Massachusetts, United States. The population was 20,754 at the 2000 census. History Westford was first settled in 1635. Originally a part of neighboring Chelmsford, West Chelmsford soon grew large enough to sustain its own , with operations across 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. , Europe and Asia. For more information, visit www.concerto.com. Note: Concerto Software and EnsemblePro are trademarks of Concerto Software, Inc. All other trademarks are the property of their respective owners. In addition to historical information contained herein, this press release contains forward-looking statements concerning future expected financial, operating results, and product and marketing strategies. Forward-looking statements in this release include, but are not limited to, estimates of future business prospects or financial results and statements containing the words "believe", "estimate", "project", "expect" or similar expressions. Concerto Software's future actual results could differ materially from the forward-looking statements discussed or implied herein because of risks or uncertainties including, but not limited to, the difficulty of integrating two complex businesses and their products, failure to achieve the beneficial synergies expected from the transaction, the potential for loss of key employees during the integration process, the difficulty in the development, marketing or selling of the company's solutions, risks associated with competition and competitive pricing pressures, technological change, new product introduction and market acceptance, stock price volatility, the ability of Concerto Software to attract and retain key personnel, weakness in IT spending, weakness in the contact center market, general economic conditions in the United States and worldwide markets served by Concerto Software, terrorist activity, war or general instability in the Asia Pacific Region and those other factors discussed from time to time in Concerto Software's public reports filed with the Securities and Exchange Commission, such as those discussed under "Certain Factors That May Affect Future Results" in Concerto Software's quarterly reports on Form 10-Q Form 10-Q See 10-Q. and annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. . All forward-looking statements and reasons why results might differ included in this release are made as of the date hereof, and Concerto Software assumes no obligation to update any such forward-looking statements or reasons why results might differ. |
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