Consist International Signs Exclusive Distribution Agreement with Information Advantage.MINNEAPOLIS--(BUSINESS WIRE)--July 20, 1999-- Leading International Software Provider Selects MyEureka! as its Sole Business Intelligence Solution for Argentina, Bolivia, Brazil, Chile, Paraguay, Peru and Uruguay Information Advantage Inc. (Nasdaq:IACO IACO International Association of Correctional Officers IACO International Aid and Cooperation Organization IACO Integration, Assembly and Checkout IACO Integration and Checkout Operations IACO International Aviation Consulting ), a leading provider of Business Intelligence software, announced today that it has signed an exclusive distribution agreement with Consist International. Under the terms of the agreement, Consist will resell and distribute Information Advantage's MyEureka! business intelligence portal A corporate portal that enables users to query and produce reports on enterprise-wide databases. The term was coined by Information Advantage, makers of the MyEureka software, which was the first to combine BI software with a corporate portal. See MyEureka and BI software. , including its full suite of analysis and reporting products, in Argentina, Bolivia, Brazil, Chile, Paraguay, Peru and Uruguay. Consist is a global software provider with annual revenues of approximately $100 million and 700 large corporate customers. On Friday Sterling Software, Inc. (NYSE NYSE See: New York Stock Exchange :SSW SSW abbr. south-southwest Noun 1. SSW - the compass point midway between south and southwest sou'-sou'-west, south southwest ), one of the 20 largest independent software companies in the world, and Information Advantage, Inc. announced that they have entered into a definitive agreement for Sterling Software to acquire Information Advantage. The distribution agreement with Consist will strengthen Information Advantage's presence in Latin American, a fast growing market that is strategic to both companies. "With Consist's proven track record of selling departmental and enterprise business intelligence solutions throughout South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , this partnership is a significant step in our plan for international expansion," said Larry Ford, 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 Information Advantage. "We are pleased to be working with a world leading software house like Consist that has proven sales experience in Business Intelligence. Together we can aggressively deliver MyEureka! into this untapped marketplace." With 27 sales offices throughout South America, Consist sells business intelligence and vertical market solutions to companies in the 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. , insurance, government, education, healthcare, and public utilities sectors. Consist will sell the MyEureka! reporting and analysis tools to augment these solutions with improved information distribution, performance assessment and portal reporting. "Our decision to partner with Information Advantage was based on two critical factors -- their comprehensive suite of business intelligence tools, and the partnering capabilities of its senior management," said Natalio Fridman, president and CEO of Consist. "The MyEureka! portal has the most robust combination of reporting and analysis technologies on the market. With MyEureka! we'll be able to deliver simple to highly robust solutions to our customers. Also important was their executive's experience in developing long-term, strategic partnerships with distributors and application partners throughout the world. We look forward to representing their product." About Consist Consist is a provider of financial applications, business management and mission-critical solutions, as well as consulting services to commercial, public sector, and multinational organizations in more than 50 countries. Headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , and founded 27 years ago, Consist has offices in 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, Latin America, and the Middle East. MaK DATA SYSTEM, an important consulting company located in Kiel, Germany is part of Consist International Inc. About Information Advantage Information Advantage Inc. is a leading provider of Business Intelligence solutions that are designed to accelerate and improve enterprise-wide decision making. MyEureka!, the first Business Intelligence portal, offers easy access to corporate information from a variety of sources, primarily including its comprehensive suite of Business Intelligence tools, while offering the security and scalability to support an entire organization of users. MyEureka! offers solutions for information portals, enterprise reporting, and data warehousing, and can enhance 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. ) and enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. systems with reporting and analysis. For more information, contact Information Advantage at 612.833.3700. (C)1999. MyEureka! is a trademark of Information Advantage, Inc. All other brand and product names are trademarks of their respective owners. |
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