SOURCE: Comergent Technologies, Inc.

June 20, 2005 08:00 ET

Comergent Reports Strong Momentum in Enterprise E-Commerce

Sophisticated Solutions and Compelling Business Value Earn High Marks From Customers, Partners, and Industry Watchers

REDWOOD CITY, CA -- (MARKET WIRE) -- June 20, 2005 -- Comergent Technologies®, Inc., a leading provider of enterprise e-commerce solutions, today reported strong demand and continued business momentum. Since FY2003, the company has seen 112 percent growth in its customer base and 51 percent growth in sales, with an expanding presence in several key vertical markets. Comergent has also maintained its high customer satisfaction rating and positive recognition from leading industry analysts.

Business-to-business e-commerce revenues topped $1.5 trillion in 2004 -- a more than 1,200 percent increase since 1999 -- according to market research firm IDC. This growth is driven by the decisive advantages of doing business online, including better customer service, streamlined order processes, faster response times, and the opportunity to tap new revenue streams.

As a result, the market for enterprise e-commerce software has grown significantly as companies expand and improve their online operations.

"E-commerce experienced explosive growth in the B2C market initially, while B2B focused on bringing buyers and sellers together in net marketplaces that cut out distribution partners," said Bill York, CTO, Comergent. "Comergent's original and ongoing vision has been to create solutions that include buyers, sellers, and distribution partners. Continued demand for our solution shows that companies want a system that works within their existing business model and gives them a comprehensive view of all sales processes."

Comergent Emerges as a Leader in Enterprise E-Commerce

With proven implementations at Global 2000 companies, the Comergent E-Business System™ automates and optimizes selling and ordering processes and increases customer revenues and profits. Comergent implementations typically show a return on investment within six months.

"Comergent's tremendous growth is a testament to the highest caliber of people, products and customer service at Comergent," said Greg Vigil, director of enterprise collaboration for Gates Corporation. "Since the beginning, they have demonstrated an uncompromising commitment to our success."

Another key to Comergent's success is its pioneering service-oriented architecture (SOA), currently in its third generation, which leverages and extends customers' existing ERP, CRM and other IT systems. In addition, Comergent applications are proven with breakthrough scalability and performance as demonstrated by its demanding customer deployments. Comergent's solution facilitates companies and their selling partners to work in concert to improve end-customer service, gain insight into customer behavior and preferences, better understand channel performance and ultimately increase customer satisfaction and loyalty.

Comergent: Firing on all Cylinders

Bolstered by its compelling value proposition and unwavering standards for customer care, Comergent has demonstrated consistently strong results in several key business areas.

New Customer Acquisition: Comergent has made progress in a number of different vertical markets, including retail and consumer packaged goods, franchisors, the hospitality and service industry, the federal government, and manufacturing, a Comergent mainstay. New automotive customers have signed on as a result of Comergent's strategic partnership with the Automotive Aftermarket Industry Association (AAIA) as its official data certification provider. Sales to high technology have rebounded, indicating revitalization in that sector.

Select new customers are listed below:

--  Affinia Group (formerly Dana Under Hood Group)
--  Agilent Technologies
--  American Remanufacturers
--  Applied Biosystems
--  Best Buy
--  CF Industries
--  Cranel Imaging
--  Danaher Corporation
--  Dayco Products
--  Ductmate Industries
--  Gehl Company
--  Gilbarco Veeder-Root
--  Haldex
--  Hitachi Global Storage Technologies
--  Huawei Technologies
--  Huawei-3Com Technology
--  Hubbell
--  IDEAL Industries
--  InterContinental Hotels Group
--  J. C. Penney Company
--  Johnson Controls
--  Knape and Vogt Manufacturing
--  La-Z-Boy
--  Lebanon Seaboard
--  Level 3 Communications
--  Leviton Manufacturing
--  Miller Electric Manufacturing
--  NACCO Materials Handling Group, parent of the Yale and Hyster brands
--  NEC Solutions (America)
--  Osram Sylvania
--  Pass and Seymour/Legrand
--  Pitney Bowes
--  The Relizon Company
--  Southwire Company
--  Stanley Works
--  Transpro
--  U.S. Department of Defense
--  Ward Manufacturing
    
New Projects with Existing Customers: Approximately 90 percent of Comergent customers add new projects beyond their initial implementations, indicating their trust in Comergent and the flexibility with which Comergent systems can be delivered. Comergent customers are recognizing increasing needs for guided selling; configuration and quoting capabilities; integrated selling tools for customer service reps, internal reps, and selling partners; and a multi-channel view of all selling and ordering for all customers.

High Customer Satisfaction Ratings: Comergent continues to report annual customer satisfaction ratings of more than 4.1 out of a possible 5-point evaluation. Survey responses are solicited from individual customer contacts in a variety of roles, including technology and business operations. Surveys are conducted by an independent third-party.

Successful Integration with Profile Systems: Comergent has successfully integrated Profile Systems' product line into the Comergent solution. Acquired in January 2004, Profile Systems, Inc., offered product information (PIM) and inventory management solutions for business-to-business e-commerce.

Industry Analyst Recognition: Comergent received recognition from leading industry analysts. Gartner positioned Comergent as a visionary in its recent "Magic Quadrant* for B2B E-Commerce and Partner Management" report.(1)

AMR Research noted that, "Comergent is best suited for companies looking to build broader collaborative selling and order management environments with distributors and channel partners in addition to customer direct."(2)

New Strategic Partnerships and Industry Certification: Comergent entered into new strategic partnerships with the Automotive Aftermarket Industry Association (AAIA), the Industry Data Exchange Association (IDEA), the Electronic Commerce Council of Canada (ECCC) and achieved certification of Comergent products for SAP® NetWeaver™ and the Uniform Code Council's UCCnet® Data Pool Services.

"As companies discover the huge benefits of having a single platform to power both B2C and B2B transactions and processes, the demand for proven enterprise e-commerce solutions has grown," said Jean Kovacs, president and CEO for Comergent. "Comergent has the broadest suite of applications for enterprise e-commerce in the industry and the best solution to meet that demand as demonstrated by our own exponential customer growth."

About Comergent

Comergent is a leading provider of enterprise e-commerce software solutions. The Comergent E-Business System automates and optimizes a corporation's selling and ordering processes, thereby increasing its revenue and profit, enhancing customer loyalty, and improving visibility into sales processes and channels. With patents pending, Comergent pioneered the concept of a single e-commerce system to address all products, customers, channels, and selling processes. The first company to bring to market truly collaborative e-commerce, Comergent was an early proponent of the service-oriented architecture. The Comergent E-Business System deploys rapidly with minimal customization and provides excellent returns on investment. Customers include industry leaders like Cisco Systems, DuPont, Gates Corporation, GE Access Distribution, InterContinental Hotels Group, J. C. Penney Company, NEC Solutions America, Nissan Motor Co., Pitney Bowes, Stanley Works, and The Toro Company. Comergent is privately held with headquarters in Redwood City, Calif. For more information, visit www.comergent.com.

* Magic Quadrant Disclaimer

The Magic Quadrant is copyrighted 2005 by Gartner, Inc., and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Comergent and the Comergent logo are registered trademarks of Comergent Technologies, Inc. Comergent E-Business System is a trademark of Comergent Technologies, Inc. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.

(1) Robert DeSisto, “Magic Quadrant for B2B E-Commerce and Partner
Management, 1Q05,” Gartner, Inc., March 17, 2005.
(2) Robert Bois, “Quoting Complex Products Across Multiple Sales Channels -
- A Sales Configuration Vendor Landscape,” AMR Research, October 22, 2004.

Contact Information

  • Joanne Kisling
    Comergent Technologies, Inc.
    831-462-9378
    Email Contact