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PR Contact |
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For public relations
inquiries, please contact:
Melissa Stahley
Consona Corporation
317.249.1270
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Press Release
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Software Magazine Ranks KNOVA as One of the World's Largest
Software Companies
Cupertino, Calif., December 12, 2006 - KNOVA Software (OTC Bulletin
Board: KNVS), a leading provider of Intelligent Customer Experience applications,
today announced its inclusion on the Software 500, Software Magazine's list of the
world's foremost software and services providers, published as an online catalog
on www.Softwaremag.com.
KNOVA was ranked No. 304, with software revenue of $23.6 million.
"We are pleased to be recognized by Software Magazine for our continued growth and
success as an innovator in this industry," commented Bruce Armstrong, president
and CEO of KNOVA Software. "With the launch of KNOVA 7, the acquisition of Active
Decisions and high demand for our software and service, we expect to continue our
strong performance in 2007 and beyond."
"The 2006 Software 500 results show that growth in the software and services industry
was flat from 2004 to 2005, the ranking year. The industry continues to be dynamic
with more than 90 new companies on the list this year," says John P. Desmond, editor
of Software Magazine and Softwaremag.com. "The Software 500 helps CIOs, senior IT
managers and IT staff research and create the short list of business partners. It
is a quick reference of vendor viability that provides high value content for our
readers."
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 ranking is based on total worldwide software and services revenue for 2005.
This includes revenues from software licenses, maintenance and support, training
and software-related services and consulting. Suppliers are not ranked on their
total corporate revenue, since many have other lines of business, such as hardware.
The financial information was gathered by a survey prepared by King Content Co.
and posted at www.Softwaremag.com,
as well as from public documents.
About Digital Software Magazine, the Software Decision Journal, and Softwaremag.com
Digital Software Magazine, the Software Decision Journal, has been a brand name
in the high-tech industry for nearly 30 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 24th year. Software
Magazine and Softwaremag.com are owned and operated by King Content Co.
About KNOVA
KNOVA Software is a leading provider of Intelligent Customer Experience solutions
that maximize the value of every interaction throughout the customer lifecycle.
Built on an adaptive search and knowledge management platform, KNOVA's suite of
applications help companies increase revenues, reduce service costs and improve
customer satisfaction. Industry leaders including AOL, Ford, HP, Novell, McAfee
and H&R Block rely on KNOVA's award-winning Service Resolution Management, Interactive
Brand Optimization and Guided Selling applications to power an intelligent customer
experience on their Web sites, and within their contact centers. KNOVA Software
is headquartered in Cupertino, Calif. For more information, visit
www.KNOVA.com.
Software 500 Contact:
Kelley Conrad
Software 500 Project Leader
kconrad@softwaremag.com
KNOVA Software, KNOVA Contact Center, KNOVA Self-Service, KNOVA
Forums, KNOVA Field Service, KNOVA Knowledge Desk, and KNOVA 7 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 including,
but not limited to, risks related to our software strategy, fluctuations in customer
demand, performance of outside distributors and resellers, use of the Web as a delivery
vehicle for customer support solutions, risks resulting from new product introductions,
integration of acquired products with current offerings, and customer acceptance
of new products, rapid technological change, risks associated with competition,
continued growth in the use of the Internet, our ability to retain and increase
revenue from existing customers and to execute agreements with new customers, unforeseen
expenses, our ability to attract and retain qualified personnel and to secure necessary
financing for our operations and business development, and other market conditions
and risks detailed from time to time in our 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.
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