PeopleSoft Demonstrates Strong European Momentum for Third Quarter 2002; Leading European Companies Choose PeopleSoft Real-Time Applications.Business Editors/High-Tech Writers Connect 2002 EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. PARIS--(BUSINESS WIRE)--Oct. 22, 2002 At Connect EMEA 2002, PeopleSoft Inc. (Nasdaq:PSFT PSFT PeopleSoft (stock symbol) PSFT Progressive Saturation Fourier Transform PSFT Prosoft-Technology, Inc ) announced that numerous European organizations have adopted the company's world leading real-time enterprise applications in an effort to drive dramatic performance improvements while lowering total cost of ownership. Increased demand for PeopleSoft's 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. ) solutions contributed to strong performance during the third quarter. Companies from across Europe joined its CRM customer portfolio including: Banca Antonveneta; PAX Schweizerische Lebensversicherungs-Gesellschaft; Post Italiane; GSTP GSTP Global System of Trade Preferences GSTP Global Straight-Through Processing GSTP Generalised System of Tariff Preferences (United Kingdom) GSTP Generic Switching Test Plan GSTP General Support and Technology Programme Global Straight Through Processing In financial technology, the ability to process a stock transaction by computer from beginning to end without manual intervention at any of the stages. AP; Ustra Hannoversche Verkehrsbetriebe AG and Aeropuertos Esapnoles y Navegacion Aerea. Poste Italiane, the former public post services company in Italy, purchased PeopleSoft CRM in order to upgrade its current Contact Center solution. "With an average of one million four hundred thousand contacts a day, Poste Italiane has one of the biggest contact centers in Italy. Our mission is to provide real-time assistance to our customers along their whole life-cycle and identify new business opportunities by providing a Contact Center service to companies outside of Poste Italiane," said Giuseppe Pavone, manager of Call Center Service and Customer Solutions at Poste Italiane. "PeopleSoft's Real-Time Enterprise strategy matches our own strategic direction, making PeopleSoft CRM by far the best business fit. We perceive PeopleSoft's CRM solution as a strategic pure Internet platform for our new business initiatives in CRM." During the third quarter numerous European organizations also selected PeopleSoft's Human Capital Management, Financial Management and Supply Chain Management enterprise applications. New customers include: EMAP EMAP Emergency Management Accreditation Program EMAP Electronic Materials and Packaging EMAP Electronic Mapping EMAP Environmental Mapping and Assessment Program EMAP Environmental Monitoring and Assessment Programme plc; Safeway plc; Banco Bilbao Vizcaya Argentaria SA; Ministere de la Culture et de la Communication; Nato 3C Agency; IFAD IFAD International Fund for Agricultural Development IFAD Ifa Delays ; VPV VPV Virtual Prime Vendor VPV Visitors Per Vehicle (tourism) VPV Virtual Processor Vector Services GmbH and Marks & Spencer plc. Steve Rowley, senior vice president and general manager, PeopleSoft EMEA said: "During continued difficult market conditions, PeopleSoft remains the solution of choice for leading European organizations. For our customers, cutting costs and adding value to the bottom line are key focuses for business survival. This is exactly where PeopleSoft solutions can contribute, and evidence of this is our solid performance this quarter and during a more than challenging year." Investment in PeopleSoft's European operations has been a high priority in 2002 with moves to new offices in the Netherlands and Belgium. In addition, the company has expanded its management team across the region to provide an increased focus on customer attention and organizational performance. During 2002, PeopleSoft has consistently increased its customer base in the European region with numerous national and global companies selecting its solutions including: SERVAIR; Total Fina Elf S.A.; BNP Paribas; Conseil de L'Europe; Dexia Bank Nederland NV; Ministerie van Defensie; EMAP plc; Swiss Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. Company; Ustra; HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) Holdings plc; DNB; Deutsche Lufthansa AG; BDO Stoy Hayward BDO Stoy Hayward LLP is a partnership of chartered accountants in the United Kingdom. It is the UK member firm of BDO International, the fifth largest worldwide network of professional service firms in the world. ; Belgacom SA; Societe Generale Group; SA, Deutsche Bahn AG and Etat de Vaud. About PeopleSoft PeopleSoft (Nasdaq:PSFT) is the world's leading provider of application software for the real-time enterprise. PeopleSoft pure Internet software enables organizations to reduce costs and increase productivity by directly connecting customers, suppliers, partners and employees to business processes on-line, in real time. PeopleSoft's integrated, best-in-class applications include Customer Relationship Management, Supply Chain Management, Human Capital Management, Financial Management and Application Integration. Today more than 4,900 organizations in 140 countries run on PeopleSoft software. For more information, visit us at www.peoplesoft.com. PeopleSoft and the PeopleSoft logo are registered trademarks. All other company and product names may be trademarks of their respective owners. |
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