Database Solutions, Inc. - www.onlinedatabasesolutions.com Approves Marketing Campaign for Independent Insurance Agents in North America.TORONTO Toronto (tərŏn`tō), city (1998 est pop. 2,400,000), provincial capital, S Ont., Canada, on Lake Ontario. Toronto is the largest city in Canada and since the 1970s has been one of the fastest-changing cities in North America, experiencing -- Database Solutions, Inc.: --Database Solutions, Inc. - www.onlinedatabasesolutions.com has over 100 Users on its Agent Intelligence Product and Projects $500,000 to $1,000,000 in Paying Subscribers for Agent Intelligence in 2005 Database Solutions, Inc. - www.onlinedatabasesolutions.com (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). .PK:DBSJ), the technology and marketing 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. ) on-demand company, today announced that it has approved plans to begin an extensive advertising and marketing campaign for its Agent Intelligence Product to independent insurance agents throughout 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. . The Company believes that this may increase gross revenues by 50% and expand market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" at a faster rate than only marketing to insurance agencies. As of January 10, 2005, DBSJ had over 100 users worldwide subscribing to www.onlinedatabasesolutions.com Agent Intelligence CRM service. The Company believes that it may add up to four times its original estimates over the next four fiscal quarters. "DBSJ - www.onlinedatabasesolutions.com has democratized CRM for the Insurance Industry," said Jason Wong, 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. . "Insurance brokerages of all sizes and insurance agents - from small businesses to Fortune 500 enterprises - may experience CRM success with Agent Intelligence and www.onlinedatabasesolutions.com. The insurance industry is moving to on-demand, and by relentlessly focusing on making each and every one of our customers successful, DBSJ may become a marketing and technology leader in on-demand CRM for the insurance industry." The Company reports that the Version 3 (v3) of Agent Intelligence was completed, launched and created based on valuable feedback from beta testers over three quarters in 2003. DBSJ - www.onlinedatabasesolutions.com 2004 fourth quarter sales upon the completion of v3 was $30,000 without any marketing effort or corporate expense. Currently DBSJ - www.onlinedatabasesolutions.com has over 100 users on Agent Intelligence and projects strong sales growth over the next four quarters for Agent Intelligence and www.onlinedatabasesolutions.com family of products. About Database Solutions, Inc. - www.onlinedatabasesolutions.com Database Solutions, Inc. is a technology and marketing company in the on-demand customer relationship management (CRM) industry and the software developer of Agent Intelligence. Database Solutions Agent Intelligence's proprietary browser-based software was designed specifically for the insurance industry to provide backend administration of insurance policies, client tracking and client marketing/selling strategies for an entire insurance brokerage or insurance company. The Company's www.onlinedatabasesolutions.com family of products includes a comprehensive suite of CRM applications to help enterprises of all sizes, industries and geographies meet the complex challenge of sharing and managing information on-demand. Unlike other insurance administration systems currently on the market, Agent Intelligence focuses on the needs of the broker - simplifying their business by eliminating the paper administration involved in tracking their clients to increase sales. By automatically tracking all events along the lead development process an agent and/or manager is able to see any weaknesses in an agents selling process. Automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. reports critical to both management and agent are automatically available through the use of the Agent Intelligence system. One of the most attractive features of the Agent Intelligence product is the fact that it is entirely browser browser Software that allows a computer user to find and view information on the Internet. The first text-based browser for the World Wide Web became available in 1991; Web use expanded rapidly after the release in 1993 of a browser called Mosaic, which used based and no hardware or software installation process is required. The Agent Intelligence user also immediately benefits from complete upgrades and on-demand customization. The Company allows customers and independent software vendors to customize and integrate www.onlinedatabasesolutions.com's products, as well as build their own on-demand enterprise applications. For more information please visit http://www.onlinedatabsesolutions.com, or call 416-907-9963 / 646-827-9265. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Statements contained in this release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. , and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are made based on information available as of the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" , and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements invoke To activate a program, routine, function or process. risk and uncertainties and the company's actual results may differ from these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, our ability to continue to develop markets, general economic conditions, our ability to secure additional financing for the company and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission. |
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