Dendrite Awarded International Software License and Service Business by Leading Pharmaceutical Company.Business Editors/Health/Medical Writers/High-Tech Writers MORRISTOWN, N.J.--(BUSINESS WIRE)--Feb. 19, 2004 - Initial 1,500 User Licenses to be Purchased for Deployment in Mexico, Japan, and South Korea Dendrite dendrite: see nervous system; synapse. International, 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 : DRTE DRTE Defence Research Telecommunications Establishment ) announced that it has signed global software license and service agreements with one of the world's leading pharmaceutical companies. Dendrite's fourth quarter earnings call on January 29 included a discussion of this agreement. Dendrite will serve as a key software and service provider to the company in markets outside the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The company, which has an international sales force totaling approximately 9,000, will purchase a minimum of 1,500 user licenses of Dendrite's leading sales force solutions-- including WebForce(TM), WebForce Express(TM), j-forceNET(TM), VisiForce(TM) and ForceAnalyzer(TM) sales effectiveness solutions--for deployment in Mexico, South Korea, and Japan. Licenses in Japan will be sold through Dendrite's Japanese distributor, as announced on October 30, 2003. The agreements also encompass a broad range of locally delivered support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services , including implementation, training, ongoing facilities management The management of a user's computer installation by an outside organization. All operations including systems, programming and the datacenter can be performed by the facilities management organization on the user's premises. , and production services. "Pharmaceutical companies are increasingly making strategic vendor selections on a global basis in order to achieve operational and financial efficiencies," said John Bailye, Dendrite Chairman 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. . "Dendrite has uniquely positioned itself to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. this trend by providing clients with specialized software and service offerings, along with local expertise, in all major markets around the world. This new arrangement recognizes our ability to partner with customers on a global basis to meet their diverse international requirements." Added Jean-Paul Modde, Dendrite Group President, International, "Over the past several years, this customer has been particularly impressed with our market knowledge and experience working with them in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and parts of Europe, where we were already supporting over 1,400 users. Their confidence in our capabilities has prompted this new global relationship. We look forward to working with them on a worldwide basis, and believe this arrangement serves as an excellent model for engaging with other customers on a broader scale." Global Solutions for Global Companies Providing products and services to more than 100,000 pharmaceutical sales representatives pharmaceutical sales representative Detailer, Drug rep Drug industry A drug company employee who regularly visits physicians and office practices, providing information on the company's products–usually putting a negative 'spin' on competitors' products. See Detailing. and managers worldwide, Dendrite serves more than 150 companies, including all of the top 20 pharmaceutical companies, in more than 50 countries. Solutions covered under these new international agreements include: -- WebForce: a comprehensive product suite that helps pharmaceutical companies manage all aspects of sales force activities by providing representatives and managers with a single, centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. location from which to manage customer relationships, access product information, evaluate competitors, record and catalogue client and prospect data, and access customer information -- WebForce Express: featuring the robust functionality of WebForce and requiring minimal configuration and customization for rapid implementation -- j-forceNET: a web-based sales force solution designed specifically for the Asian market that enables pharmaceutical companies to view sales data, enter call information, update client profiles, access corporate resources, and effectively communicate with the home office -- VisiForce: a complete sales effectiveness system designed for pharmaceutical companies in emerging markets -- ForceAnalyzer: a flexible, easy-to-use data visualization See information visualization. and analysis solution for management to monitor and analyze promotional activities Dendrite's offices in Mexico City Mexico City Spanish Ciudad de México City (pop., 2000: city, 8,605,239; 2003 metro. area est., 18,660,000), capital of Mexico. Located at an elevation of 7,350 ft (2,240 m), it is officially coterminous with the Federal District, which occupies 571 sq mi ; Osaka and Tokyo, Japan; and Seoul, South Korea will provide support services during the deployment of these initial licenses. About Dendrite Dendrite develops and delivers solutions that increase the productivity of sales, marketing, and clinical processes for pharmaceutical and other life science clients. For more information, visit www.dendrite.com. Note: Dendrite is a registered trademark of Dendrite International, Inc. This document contains 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. that are based on Dendrite International, Inc.'s current expectations, estimates and projections. The statements may be identified by such forward-looking terminology as "expect," "believe," "anticipate," "will," "intend," "plan," "outlook," "guidance," and similar statements or variations. Such forward-looking statements are based on our current expectations, estimates, assumptions and projections and involve significant risks and uncertainties, including risks which may result from our dependence on the pharmaceutical industry; fluctuations in quarterly revenues due to lengthy sales and implementation cycles for our products; our fixed expenses in relation to fluctuating fluc·tu·ate v. fluc·tu·at·ed, fluc·tu·at·ing, fluc·tu·ates v.intr. 1. To vary irregularly. See Synonyms at swing. 2. To rise and fall in or as if in waves; undulate. v. revenues and variations in customers' budget cycles; dependence on major customers; changes in demand for our products and services attributable to the extended weakness experienced in the economy; successful and timely development and introduction of new products and versions; rapid technological changes; increased competition; international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. ; acquisitions, including the success of the June 2003 acquisition of Synavant and the risks associated with the integration of acquisitions; our ability to effectively manage our growth; the protection of our proprietary technology; our ability to compete in the Internet-related products and services market; the continued demand for Internet-related products and services; the ability of our third party vendors to respond to technological change; our ability to maintain our relationships with third-party vendors; less favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. than anticipated results from strategic relationships; dependence of data solutions on strategic relationships; events which may affect the U.S. and world economies; hostilities in the Middle East and Asia and resulting impact on our business and business and needs of our customers; and catastrophic events which could negatively affect our information technology infrastructure. Other important factors that should be reviewed and carefully considered are included in the Company's 10-K, 10-Qs, and other reports filed with the SEC. Actual results may differ materially. The Company assumes no obligation for updating any such forward-looking statements to reflect actual results, changes in assumptions or other changes affecting such forward-looking statements. |
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