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Courion Expands to Six Domestic Offices in Response to Customer Demand for Self-Service Identity Management Solutions; Company Slates Three Additional Office Openings This Summer.


Business/Technology Editors

FRAMINGHAM Framingham (frā`mĭnghăm'), town (1990 pop. 64,994), Middlesex co., E Mass., on the Sudbury River between Worcester and Boston; settled 1650, inc. 1700. , MA--(BUSINESS WIRE)--May 30, 2001

Courion(R) Corporation, a leading provider of self-service identity management solutions, today announced the opening of five regional offices throughout the U.S. The new offices expand Courion's presence in key markets from its corporate headquarters in Framingham, MA, into Atlanta, Charlotte, Chicago, Dallas, and Reston, VA. Courion plans to open additional offices in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Denver, and Seattle this summer, further positioning the company to meet the growing demand in the marketplace for its identity management solutions.

"As many companies scale back their IT investments to focus on those that will give them the fastest payback Payback

The length of time it takes to recover the initial cost of a project, without regard to the time value of money.
, Courion continues to see growing demand in the marketplace for our self-service password and directory management solutions," said Chris Zannetos, Courion 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. . "Our enterprise customers find that the cost savings of self-service combined with improvements in both security and customer service yield a rapid return on their investment in our solutions. Our expansion into these new locations will enable us to focus more resources on enterprise opportunities."

With a record of success at numerous Fortune 500 companies, Courion is experiencing increasing demand for PasswordCourier(R), its market-leading self-service password reset Self-service password reset is defined as any process or technology that allows users who have either forgotten their password or triggered an intruder lockout to authenticate with an alternate factor, and repair their own problem, without calling the help desk.  and synchronization (1) See synchronous and synchronous transmission.

(2) Ensuring that two sets of data are always the same. See data synchronization.

(3) Keeping time-of-day clocks in two devices set to the same time. See NTP.
 solution, and ProfileBuilder(TM), its self-service directory management solution. To continue the growth that resulted in Courion's recent selection as one of UPSIDE Upside

The potential dollar amount by which the market or a stock could rise.

Notes:
This is basically an educated guess on how high a stock could go in the near future.
See also: Bull, Downside
 Magazine's Hot 100 award winners, Courion is hiring additional sales personnel to support its expansion.

"Accelerating our growth strategy to provide large enterprises with our proven technology, we are actively hiring additional sales personnel with the skills and experience to service these key geographical areas," said Dave Valovcin, vice president of worldwide sales for Courion. "Building long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 relationships with our customers is critical to our success, and our new regional presence enables us to provide enterprise-class sales and service as we begin to rollout our full suite of identity management solutions."

About Courion

Courion Corporation provides self-service identity management solutions to more Fortune 500 enterprises than any other company. Enabling security and support organizations to cut costs, increase security and improve customer service, Courion's password and directory management software automates and integrates with existing IT infrastructures and corporate security policies, while ensuring maximum scalability to meet increasing online demands. Courion's customers include Bear, Stearns & Co. Inc., The Boeing Company, Cummins Engine Co., Inc., The Guardian Life Insurance Co. of America, Raymond James This article or section is written like an .
Please help [ rewrite this article] from a neutral point of view.
Mark blatant advertising for , using .
 Financial, and Target Corporation. Courion is headquartered in Framingham, MA. For more information call 508-879-8400 or visit http://www.courion.com.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 30, 2001
Words:415
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