Conversion Services International, Inc. to Acquire Assets of Evoke Software Corporation.Business Editors/High-Tech Writers EAST HANOVER East Hanover is the name of the following places in the United States of America:
Conversion Services International, Inc. (CSI CSI Crime Scene Investigator CSI CompuServe, Inc. CSI Commodity Systems, Inc. CSI Commodity Systems Inc. (Boca Raton, FL) CSI Crime Scene Investigation (CBS TV show) CSI Christian Schools International - The Center For Data Warehousing See data warehouse. data warehousing - data warehouse ) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CSII CSII Continuous Subcutaneous Insulin Infusion CSII Cancer Surveillance Improvement Initiative CSII Center for Systems Interoperability and Integration ) ("CSI"), a leading provider of management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects , business intelligence and data warehousing services and solutions for Global 1000 organizations and other businesses, announced today that it entered into a definitive agreement to acquire substantially all of the assets and assume substantially all of the liabilities of Evoke Software Corporation, a leading provider of data discovery and profiling technology and a supplier to CSI in consideration of cash, the issuance of CSI common stock and other forms of consideration. The terms of the acquisition were not disclosed. The integration of CSI's "core competency A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
"In a data warehouse project, most enterprises focus on identifying the data they need to analyze, extracting that data and loading it to the warehouse. They generally do not think about the quality of the data, allowing flaws to be propagated to the warehouse. The majority of data warehouse project teams do not allocate the necessary time and resources to analyze the source data in advance of or during the implementation," said Ted Friedman, principal analyst of Gartner, Inc. "Most visible to management is the growing dissatisfaction with the quality of data in business intelligence-oriented data structures such as data warehouses." Scott Newman Scott Newman (born November 3, 1979) is an English cricketer. He is a left-handed batsman and a right-arm medium-pace bowler. An opening batsman, his first class debut (for Surrey) in 2002 against Hampshire was sealed with an innings of 99, followed by an innings of 183 in , CSI's President, Chief Executive Officer and Chairman, stated, "CSI has been successfully leveraging the Evoke Axio data discovery and profiling technology suite as a component of our 'best practices' approach and methodology within data warehousing, business intelligence, data migration and conversion engagements. This acquisition comes on the heels of our first quarter acquisitions of DeLeeuw Associates, Inc., a management consulting firm specializing in integration, reengineering and project management for financial services firms, and the business intelligence consulting division of Software Forces, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . The combination of people, processes and technologies that we have developed present a unique value proposition to our clients to optimize the use of business intelligence within their organizations." About Conversion Services International, Inc. Conversion Services International, Inc. (CSI - The Center For Data Warehousing) is a leading provider of a new category of professional services that embraces IT management consulting, data warehousing and business intelligence consulting solutions. CSI offers an array of products and services to help companies define, develop and implement the warehousing and strategic use of both enterprise-wide and specific categories of strategic data. CSI's current customers include Verizon Wireless, Morgan Stanley, Pfizer, Goldman Sachs, Merck and Standard & Poor's. Information about CSI - The Center For Data Warehousing -- can be found on the web at www.csiwhq.com or by calling its corporate headquarters at 888-CSI-5036. About Evoke Software Corporation Evoke Software is the leading provider of data profiling software for Global 1000 enterprises. Data profiling is a critical process completed during every data migration or quality assessment project. Evoke software provides automation to this analysis process that had previously been done manually. Evoke solutions are critical to any corporate IT infrastructure, as the foundation to the deployment of strategic initiatives such as corporate databases and enterprise systems like CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. , business intelligence and ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. . Evoke Axio enables companies to identify and subsequently correct inconsistencies, redundancies and inaccuracies in corporate databases before they cripple applications such as SAP, Siebel, PeopleSoft and others. Evoke software reduces risk, accelerates time to market and enables companies to exploit new opportunities. With the promise of accurate data for Global 1000 enterprises, Evoke software provides the digital fuel for the information economy. Evoke's customer list includes AT&T, AXA AXA Anguilla, Anguilla (Airport Code) AXA Alpha Chi Alpha AXA Animal Crossing Ahead (online forum community/guide to the game Animal Crossing) AXA Auxiliary Artery Financial and FleetBoston. Based in San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation). The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] , Evoke has a development lab in Austin, as well as sales and support offices throughout the United States, England and Germany. Evoke is a private company funded by premier investment firms. For more information, please contact Evoke Software at 877-386-5379 or visit the company's website at www.evokesoft.com. Note on Forward-Looking Statements Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond our control that could cause actual events and results to differ materially from these statements. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. CSI undertakes no obligation to update publicly any forward-looking statements. |
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