SOURCE: Chordiant

November 09, 2006 09:27 ET

Chordiant Software Named to Top 100 Global Financial Technology Suppliers

American Banker and Financial Insights Name Chordiant to the FinTech 100 for Sixth Consecutive Year

CUPERTINO, CA -- (MARKET WIRE) -- November 9, 2006 -- Chordiant Software, Inc. (NASDAQ: CHRD), the leading provider of Customer Experience (Cx™) software and services, today announced that American Banker and the research firm Financial Insights have named Chordiant to the FinTech 100 for the sixth consecutive year. This international annual ranking lists the top vertical technology vendors that derive more than one third of their revenue from the financial services industry. Through the ranking, Chordiant continues to demonstrate its leadership in providing financial institutions worldwide with the solutions they require to deliver extraordinary levels of customer experience.

Each year, American Banker and Financial Insights publish a comprehensive Fortune 500-style ranking of the hardware, software and service providers to the financial services industry. The ranking of top 100 vendors is based on quantifiable, verifiable data, including fiscal year-end revenues and the percentage of revenues attributed to financial services.

Today, Chordiant serves the financial services, credit card, and retail banking sectors by providing solutions that enhance the quality of every customer interaction while dramatically improving efficiency. Chordiant's full suite of front-office predictive decisioning capabilities equips teller, lender, marketing director and other customer-service professionals with the tools to handle transaction-based requests with effectiveness and care. The company has established a strategic vision focused on helping global enterprises dramatically enhance the quality of their consumer interactions. Chordiant is delivering on that vision with a portfolio of products that help these organizations pull mid- and back-office information forward to the front office, where they can support and add value to consumers in new and profound ways.

"We are proud to be named to the FinTech 100 for a sixth time," said Steven R. Springsteel, president and chief executive officer, Chordiant Software. "This is yet another marker of our growing commitment to the financial services sector and to providing global banks with the tools necessary to deliver quality experiences to customers worldwide."

For more information about the rankings, visit www.financial-insights.com/FI/services/fintech100.jsp.

About Chordiant Software, Inc.

Chordiant helps leading global brands such as HSBC, Barclay's, CIBC and Capital One deliver the best possible customer experience. Unlike traditional business applications, Chordiant Customer Experience (Cx) solutions blend insight with predictive desktop decisioning to uniquely understand the customer's behavior. This deeper understanding cultivates a lasting, one-to-one relationship that aligns the most appropriate value proposition to each consumer. With Chordiant Cx solutions, customer loyalty, operational productivity and profitability reach new levels of return. For more information, visit Chordiant at www.chordiant.com.

Safe Harbor Statement

This news release includes "forward-looking statements" that are subject to risks, uncertainties and other factors that could cause actual results or outcomes to differ materially from those contemplated by the forward-looking statements. Forward-looking statements in this release are generally identified by words, such as "believes," "anticipates," "plans," "expects," "will," "would," "guidance," "projects" and similar expressions which are intended to identify forward-looking statements. There are a number of important factors that could cause the results of Chordiant to differ materially from those indicated by these forward-looking statements. Other risks relating to Chordiant's products are detailed under "Risk Factors" in Chordiant's Annual Report on Form 10-K for the fiscal year ended September 30, 2005, and Chordiant's Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2006, each as filed with the Securities and Exchange Commission. These filings are available on a Web site maintained by the Securities and Exchange Commission at http://www.sec.gov. Chordiant does not undertake an obligation to update forward-looking or other statements in this release.

Chordiant and the Chordiant logo are registered trademarks of Chordiant Software, Inc. The Customer Experience Company and Cx are trademarks of Chordiant Software, Inc. All other trademarks and registered trademarks are the properties of their respective owners.

Contact Information

  • Chordiant Investor Relations Contact:
    Steve Polcyn
    Chordiant Software, Inc.
    (408) 517-6282
    Email Contact

    Chordiant Media Relations Contact:
    Erica Burns
    PAN Communications
    (978) 474-1900
    Email Contact