June 20, 2011 10:09 ET

FPX Receives "Positive" Rating in Leading Analyst Firm's MarketScope for Configuration, Price, Quote Application Suites, 2011

DALLAS, TX--(Marketwire - Jun 20, 2011) - FPX, the pioneering developer of Configure-Price-Quote® (CPQ) applications, announced today that it received a "Positive" rating in Gartner's "MarketScope for Configuration, Price, Quote Application Suites, 2011."1 FPX was one of 14 vendors evaluated in the report.

"We are pleased and gratified by Gartner's findings and we thank our customers who participated in this research," said Audrey Spangenberg, CEO of FPX. "We believe Gartner's 'Positive' rating of FPX confirms that our commitment to innovation and absolute customer satisfaction is paying off for our customers and that the market is taking note of their success with FPX."

FPX develops powerful solutions that enable companies to increase and accelerate sales by simplifying complex sales processes. Specifically, FPX solutions address the challenges of optimally configuring complex products and services, accurately pricing these unique configurations, and quickly generating precisely detailed sales proposals.

Of the outlook for CPQ application suites, the Gartner MarketScope states:

"The outlook for the CPQ application suite market is promising, because the underlying value propositions are compelling to enterprises concerned with securing competitive advantages and boosting revenue through sales process innovation. Recognition is growing of the substantial impact these suites exert on fundamental selling activities with aligning products and services to customer needs, proposing solutions and fashioning deal elements for closing sales."2

1, 2 Gartner "MarketScope for Configuration, Price, Quote Application Suites, 2011" by Michael Dunne and Gene Alvarez. June 3, 2011

About FPX, LLC
FPX develops solutions that deliver clarity, flexibility and profitability to complex sales processes -- from opportunity to order. Our solutions allow businesses to optimally configure complex product and service offerings, accurately price these configurations, and quickly generate winning sales proposals. Companies including Bell Helicopter, Freightliner, GENBAND, Cummins and many others rely on FPX to accelerate and increase sales, especially across multiple channels. FPX is headquartered in Dallas, Texas with offices in Minneapolis and Mankato, Minnesota, San Francisco, Hong Kong, and London.

MarketScope Disclaimer
The MarketScope is copyrighted 2011 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation 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 MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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