SOURCE: Chordiant

February 23, 2007 09:00 ET

Chordiant Software Receives Letter of Compliance From NASDAQ

Reverse Stock Split Effected

CUPERTINO, CA -- (MARKET WIRE) -- February 23, 2007 -- Chordiant Software, Inc. (NASDAQ: CHRDD), the leading provider of Customer Experience (Cx™) software and services, said that it had been notified on February 20, 2007 by the Nasdaq Listing and Hearing Review Council of the Nasdaq Stock Market that the Council has concluded that the Company is in compliance with all Nasdaq Marketplace Rules and that Chordiant's securities will continue to be listed on the Nasdaq Global Market.

Chordiant also reported that as a result of the approval by Chordiant's stockholders on February 15, 2007, of the reverse stock split of the Company's common stock that its stock will trade on the Nasdaq Global Market under the symbol "CHRDD" from February 20, 2007 until March 20, 2007. The reverse stock split was reflected on the Nasdaq Global Stock Market on Tuesday morning, February 20th.

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 http://www.chordiant.com.

Chordiant is headquartered in Cupertino, California.

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