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Q2 Milestones Punctuate Oblicore's Continued Success in the Service Delivery Management Market; New Customers, Products and Executive Hires Complement Record Revenue to Highlight Quarter's Accomplishments.


CAMBRIDGE, Mass. -- Oblicore, a leading provider of service delivery management software and best practices, today announced a series of accomplishments in the second calendar quarter of this year that paint a picture of a company increasing momentum and well-positioned for future growth.

Quantifying the quarter's success were record bookings with a 135% increase over bookings for the same quarter in 2005. Oblicore signed 10 new customers during the quarter including ABN AMRO ABN AMRO Algemene Bank Nederland-Amsterdam Roterdam Bank (Dutch bank) , mobilkom Austria Mobilkom Austria is a major Austrian mobile network operator. It has been operating commercially since 1994 and in testing since 1992.

The mobilkom austria group also owns:
  • Mobilkom Liechtenstein in Liechtenstein
  • VIP Mobile in Serbia
, Mobiltel, Si.mobil, Vipnet, mobilkom liechtenstein and Siemens Medical Solutions Siemens Medical Solutions (Siemens Med) is a supplier to the healthcare industry, and is headquartered in Erlangen, Germany. Its U.S. division, Siemens Medical Solutions USA, Inc., is a Delaware corporation, with headquarters in Malvern, Pennsylvania. . In addition, Oblicore marked its first deal in Asia Pacific. The company also closed additional license deals with existing customers and additional service transactions.

In the second quarter, Oblicore announced the addition of industry veterans Jonathan McKay as chairman and interim 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.  and Bernd Leger as vice president of marketing.

The quarter also saw an update to Oblicore'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. , Oblicore Guarantee, and the introduction of a new product, Oblicore Contract Center. Oblicore Guarantee 3.5 provides large enterprises and service providers with greater capabilities for large-scale deployments, while lowering total cost of ownership. Oblicore Contract Center addresses the large portion of the enterprise IT services market that is still in the early stages of adopting ITIL-based service delivery processes. These enterprises can deploy Contract Center in five days to begin gaining greater visibility and control over their IT-enabled services while safeguarding their investment with a clear upgrade path to a full service delivery management solution as their needs evolve.

In April, Oblicore announced that through its work with leading service providers including BT, Cable & Wireless and T-Systems, its Oblicore Guarantee product had successfully reduced the cost and effort of managing over $10 billion in outsourcing contracts. In fact, Oblicore counts as customers four of the world's ten largest telecommunications companies See telecom company. .

The company closed the quarter on a high note, hosting a Webinar with partner Pink Elephant (1) (Pink Elephant Inc., The Netherlands, www.pinkelephant.com) An IT service management provider founded in 1979 with operations throughout North America and the Asia Pacific region.  entitled en·ti·tle  
tr.v. en·ti·tled, en·ti·tling, en·ti·tles
1. To give a name or title to.

2. To furnish with a right or claim to something:
, "Smarter, Faster, Better - ITIL-Based Service Delivery Management for IT Practitioners." More than 400 IT managers registered for the event to receive useful tips, tools and advice for successfully adopting ITIL (Information Technology Infrastructure Library, www.itil.co.uk) One of the more comprehensive as well as non-proprietary and publicly available sets of guidelines for "best practice" IT services management, owned by the British Office of Government Commerce (OGC).  best practices.

"We are excited by our achievements in this most recent quarter," said Jonathan McKay, chairman and interim CEO. "These accomplishments make it clear that in service delivery management, Oblicore has identified an area of pointed need, and that we are emerging as the market leader for providing solutions that effectively meet that need for our customers. We look forward to building on our success in the coming quarters as this market continues to grow and evolve."

About Oblicore

Oblicore is the leading service delivery management software provider dedicated to delivering service level management, business service management and sourcing management solutions that drive business success. The company's flagship product, Oblicore Guarantee(TM), is leveraged by blue-chip customers around the world, ensuring critical IT-powered business processes are delivered in a manner that is compliant and predictable - reducing costs, improving operational performance and increasing shareholder value. Both service providers and enterprises alike rely on Oblicore's business-focused, top-down approach Top-down approach

A method of security selection that starts with asset allocation and works systematically through sector and industry allocation to individual security selection.
 to maintain compliance with SLAs, increase customer retention and acquisition and keep critical business processes running smoothly. Headquartered in Cambridge, Massachusetts This article is about the city of Cambridge in Massachusetts. For the English university town, see Cambridge, England. For other places, see Cambridge (disambiguation).
Cambridge, Massachusetts is a city in the Greater Boston area of Massachusetts, United States.
, with offices across the U.S., Europe, Asia and Israel, Oblicore is backed by a strong, global investor base. For more information, please visit http://www.oblicore.com.

Copyright (C) 2006, Oblicore, Inc. All rights reserved. Oblicore(TM), Oblicore Contract Center(TM) and Oblicore Guarantee(TM) are trademarks of Oblicore, Inc. All other trademarks and registered trademarks are the property of their respective owners.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 9, 2006
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