Dendrite Extends and Expands Strategic Outsourcing Partnership with One of the World's Largest Pharmaceutical Companies.Business Editors/Health/Medical Writers MORRISTOWN, N.J.--(BUSINESS WIRE)--June 2, 2003 -Dendrite 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 ) today announced that one of its largest clients and one of the world's leading pharmaceutical companies has extended and broadened its long-standing relationship with Dendrite dendrite: see nervous system; synapse. by signing a comprehensive, multi-year services contract. These services complement the company's current deployment of Dendrite's WebForce(TM) sales channel management suite, which this company has successfully utilized to drive sales force productivity on a national basis for a number of years. The agreement marks the single largest contract ever awarded to Dendrite, reinforces Dendrite's strategic partnership with this client, and further enhances Dendrite's position as the leading provider of sales and marketing business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in services to the global pharmaceutical industry. Dendrite collaborated with the client to construct a unique, flexible contract to accommodate its evolving, and significantly expanded, business requirements, while simultaneously meeting its needs for predictable costs and simplification of administrative processes. The contract also incorporates support of all field-critical applications to optimize sales effectiveness, with opportunities to enhance services as business needs change. Through a dedicated team, Dendrite provides the following mission critical field force support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services : Professional Technical Services (technology strategy, application development and implementation, third party application integration, data integration, and project management), Sales Representative Help Center Support and Training Services, Information Management Services, and Hardware Services (repair, inventory management, and image management for laptop Same as laptop computer. laptop - portable computer and PDA (Personal Digital Assistant) A handheld computer for managing contacts, appointments and tasks. It typically includes a name and address database, calendar, to-do list and note taker, which are the functions in a personal information manager (see PIM). devices). "This agreement creates a framework to strengthen our strategic partnership with this leading pharmaceutical company, and is significant not only due to its expanded size and scope, but also to its focus on achieving a quantifiable Quantifiable Can be expressed as a number. The results of quantifiable psychological tests can be translated into numerical values, or scores. Mentioned in: Psychological Tests impact to sales," said Dendrite Group President Mark Cieplik. "Dendrite has the unique ability to design a blueprint for defining and delivering customized support services that have been tailored to the requirements of a pharmaceutical sales force. Our seventeen years of dedicated industry experience has made us especially well suited to deliver to these specific needs and requirements." 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. The foregoing 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. within the meaning of 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. The statements may be identified by such forward-looking terminology as "expect," "believe," "may," "will," "intend," "plan," and similar statements or variations. All "outlook" information constitutes forward-looking statements. Such forward-looking statements are based on our current expectations, estimates, assumptions and projections and involve certain significant risks and uncertainties, including those 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 current weakness 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; events which may affect the U.S. and world economies; our ability to 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; the potential for hostilities in the Middle East and Asia and the resulting impact on our business and the business and needs of our customers; and catastrophic events which could negatively affect our information technology infrastructure. Other important factors that should be 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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