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For public relations
inquiries, please contact:
Melissa Stahley
Consona Corporation
317.249.1270
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Press Release |
For Fourth Consecutive Year, KNOVA Recognized for Strong Revenue Growth and Overall Viability
Cupertino, CA, October 5, 2005 - KNOVA Software (OTC Bulletin Board: KNVS), a leading provider of service resolution management applications, today announced its inclusion in the Software 500, Software Magazine's list of the world's foremost software and services providers. This is the fourth consecutive year that KNOVA has been named to the "Software 500" list.
"The overall health of the software and services industries has improved, with revenue for the 2005 software 500 at $383.3 billion worldwide for 2004, an increase of 16.5% over the previous year. The industry continues to be dynamic, with nearly 100 new companies on the 2005 Software 500 list," says John P. Desmond, editor of Software Magazine and Softwaremag.com.
The Software 500 is a revenue-based ranking of the world's largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing. The list includes both private and public companies; 28% of the 2004 Software 500 companies are private. The Software 500 is searchable by primary business sector on www.Softwaremag.com, free to all site registrants.
"The online Software 500 is a valuable resource for CIOs, senior IT managers and IT staff for researching their vendor partner options. It is a quick reference of vendor viability," Desmond says.
"We are proud to be recognized by Software Magazine for the fourth consecutive year as one of the world's leading software companies," commented Tom Muise, CFO of KNOVA. "Our proven technology, award-winning application suite and experienced implementation teams enable us to continually deliver high value service resolution management applications to our customers."
About Software Magazine, The IT Software Journal, and Softwaremag.com
Software Magazine, The IT Software Journal, has been a brand name in the high tech industry for over 20 years. Softwaremag.com, its Web counterpart, is the online catalog to enterprise software and the home of the Software 500 ranking of the world's largest software and services companies, now in its 23rd year. Software Magazine and Softwaremag.com are owned and operated by King Content Co.
About KNOVA Software
KNOVA Software is a leading provider of service resolution management applications that reduce service costs, increase revenues and improve customer satisfaction. Built on a next-generation search and knowledge management platform, KNOVA's suite of knowledge-empowered customer service applications automate the resolution process across multiple channels including contact centers, help desks, email and self-service sites. Industry leaders including EDS, Ford, HP, H&R Block, Novell, Merrill Lynch, McAfee, Reuters and QUALCOMM rely on KNOVA's award-winning solutions to deliver world-class customer service. KNOVA Software is headquartered in Cupertino, Calif. For more information, visit www.knova.com.
KNOVA Software, KNOVA, KNOVA 6, KNOVA 6.5, KNOVA Contact Center, KNOVA Software, KNOVA, KNOVA 6, KNOVA 6.5, KNOVA Contact Center, KNOVA Self-Service, KNOVA Forums, KNOVA Field Service and KNOVA Knowledge Desk are trademarks of KNOVA Software, Inc. All other trademarks are properties of their respective owners.
Under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, statements in this press release that are not historical facts, including those statements that refer to KNOVA Software's plans, prospects, expectations, strategies, intentions, hopes and beliefs and the expected benefits of the use of KNOVA's products are forward-looking statements. These forward-looking statements are not historical facts and are only estimates or predictions. Actual results may differ materially from those projected as a result of risks and uncertainties detailed from time to time in the company's Securities and Exchange Commission filings. Any forward-looking statements are based on information available to the company today and the company undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information, or otherwise.
Kelley Conrad
Software 500 Project Leader
kconrad@softwaremag.com
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