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Econiq Reflects on 2006.


Successful launch of software solutions, industry partnerships and company growth make for a solid year for proven entrepreneurs

BOSTON Boston, town, England
Boston, town (1991 pop. 26,495), E central England, on the Witham River. Boston's fame as a port dates from the 13th cent., when it was a Hanseatic port trading wool and wine. Having recovered from a decline in the 18th and 19th cent.
 -- Econiq, a provider of enterprise solutions to enhance frontline front·line also front line  
n.
1. A front or boundary, especially one between military, political, or ideological positions.

2. Basketball See frontcourt.

3. Football The linemen of a team.
 sales effectiveness and productivity for financial institutions, reported a successful 2006, including the successful launch of its product line, the IQ-Suite, which maximizes competitiveness for financial institutions.

In 2006, Econiq and its IQ-Suite successfully answered the industry's need for software solutions that maximize cross sales and referrals at the frontline for financial institutions. The company also formed an alliance with Bedford, N.H.-based NSS (Novell Storage Services) A 64-bit file system introduced with NetWare 5 that can support terabyte-sized files. NSS files and standard NetWare files can be used in the same server. See NetWare 5.

1. (networking) NSS - Nodal Switching System.
 Corp, to provide sales and service representatives using NSS products to work seamlessly with Econiq's IQ-Suite. Working together, NSS and Econiq help financial institutions boost frontline sales performance by streamlining the account opening process and providing real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example.  sales prompts based on customer needs. By enabling the frontline to recommend additional financial products and services, they better serve accountholders, ultimately improving customer service and customer relationships.

"Econiq has seen a very successful 2006," said Jim Callan, 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.  of Econiq. "The introduction of IQ-Suite as well as the partnership with NSS Corp. proves our dedication to enhancing frontline sales effectiveness and productivity for financial institutions. Looking at the company, our solutions and industry awareness 2006 has created, we are on track for an even better year in 2007."

Econiq also built a strong sales force with the addition of a solid financial industry expert. Troy Cook Troy Cook (born August 12, 1976) is an Australian rules footballer. Cook plays as a midfielder for the Fremantle Football Club in the Australian Football League. Early career  joined the company as the director of Sales, where he will be responsible for managing client sales 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. . With his sales and marketing experience, he will lead and develop sales efforts of Econiq's IQ-Suite.

"For Econiq to continue with its steady growth, the company must employ the most capable talent in the industry," said Colin Piper, president of Econiq. "The successes Troy has had in his career, combined with his extensive industry knowledge and commitment, will further strengthen Econiq's goal of providing superior products and solutions to our clients that enhance sales effectiveness. "

About Econiq

Boston-based Econiq provides financial institutions with an innovative solution to maximize competitiveness and productivity at the point of contact by enhancing frontline sales effectiveness. The company's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , IQ-Suite, is a comprehensive enterprise software solution based on proven concepts that help financial institutions 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>.
 frontline sales opportunities, maintain a knowledgeable frontline staff and improve overall frontline performance in order to maintain and grow account relationships. The IQ-Suite is designed using patent pending technology that enables users to listen to various applications, track and trail process flows and events, as well as, analyze critical steps in each process, allowing the financial institution to experience greater sales effectiveness and financial benefit. For more information about Econiq and its solutions, please visit the company's Web site at www.econiq.com.
COPYRIGHT 2007 Business Wire
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 16, 2007
Words:464
Previous Article:Third Quarter 2006 Marks Record Growth for NEC's Worldwide Optical Networking Business.
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