Kintera Expands Comprehensive Social CRM Platform to Include SaaS Fund Accounting.First Software as a Service Fund Accounting Solution Provides Enhanced Social Accountability; Available for Preview at 2007 Kintera User Conference SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- Kintera, 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 :KNTA KNTA Korean National Tuberculosis Association ) today announced it has expanded its social constituent 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. ) platform to incorporate online fund accounting within Kintera Sphere[TM]. The first software as a service (SaaS) fund accounting solution tailored for nonprofits, Kintera Sphere Fundware will provide both nonprofits and donors with enhanced social accountability and transparency. Kintera provides nonprofits with a complete SaaS solution for their organizational needs, such as fundraising
"Kintera is rounding out its social CRM offering by launching an integrated online fund accounting solution. This is just one more example of the company providing the most comprehensive, innovative platform. In addition, Kintera is paving the way for nonprofits seeking greater social accountability to donors and the public," said Harry E. Gruber, M.D., Kintera 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. . "Nonprofits are looking to simplify by partnering with one superior software provider for all of their organizational needs - and fortunately, Kintera can provide the complete solution." Kintera Sphere Fundware will also enable nonprofits and government organizations to seamlessly track the flow of funds Flow of funds In the context of municipal bonds, refers to the statement displaying the priorities by which municipal revenue will be applied to the debt. In the context of mutual funds, refers to the movement of money into or out of a mutual funds or between or among from end to end, integrating with existing key business applications, such as e-commerce, utility billing, grants management and donor management. The new fund accounting product will be available both as SaaS and client-installed, with the first phase of the product available in the first quarter 2007. In addition, the release of Kintera FundWare v7.5, Kintera's existing server-based fund accounting software application, will be available in the second quarter 2007. To receive more information, visit www.kintera.com/contact. About Kintera, Inc. Kintera[R], Inc. (NASDAQ:KNTA) provides an online solution to help nonprofit organizations Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. deliver The Giving Experience[TM] to donors - providing giving convenience, financial transparency, feedback about the social impact of their gifts, and a sense of belonging and appreciation. More than 15,000 accounts in the nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive. Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law. , government and corporate sectors use Kintera's "software as a service" innovations, including Kintera Sphere[TM], an enterprise-grade software platform that provides a secure, scalable and reliable system for contact relationship management (CRM), a Web content management system (CMS (1) See content management system and color management system. (2) (Conversational Monitor System) Software that provides interactive communications for IBM's VM operating system. ), eMarketing and directed giving applications. Additionally, Kintera FundWare([R]) provides award-winning financial management software developed for nonprofit organizations and governments. For more information about Kintera's software and services, visit www.kintera.com. Kintera, Kintera Sphere, Friends Asking Friends, The Giving Experience, GivingFund, and FundWare are either registered trademarks or trademarks of Kintera, Inc. in the U.S. and/or other countries. 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. In addition to historical information, this press release contains forward-looking statements (including, without limitation, express or implied statements regarding the adoption of software solutions by nonprofit organizations) that involve risks and uncertainties. These forward-looking statements represent our estimates and assumptions only 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" . These statements reflect our current views with respect to future events and are based on assumptions and subject to risks and uncertainties. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, without limitation: our limited operating history; our history of losses; our dependence on increased acceptance by nonprofit organizations of online fundraising Online fundraising is the use of Internet-based technology, marketing and communication techniques by non-profit organizations to bring in revenue, frequently as donations. ; lengthy sales cycles for major customers; our need to manage growth; our ability to market new products and enhancements; risks associated with accounting for and processing large amounts of donations; the rapidly changing technologies and market demands; and other risks identified in our filings with the Securities and Exchange Commission. Given these uncertainties, you should not place undue reliance on these forward-looking statements. |
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