Onyx Software Receives CDC Proposal
22 Marzo 2006 - 3:12PM
Business Wire
Onyx(R) Software Corporation (NASDAQ:ONXS), a worldwide leader in
customer management solutions for the enterprise, today announced
it has received an unsolicited proposal from CDC Corporation
(NASDAQ:CHINA). The Onyx Board of Directors will evaluate the
proposal in light of what it believes to be in the best interests
of Onyx shareholders. Onyx remains optimistic about its market
opportunity and is firmly committed to continue to execute its
current growth strategy while evaluating the proposal. About Onyx
Software Onyx Software Corporation (NASDAQ:ONXS) is a worldwide
leader in customer management and process software for mid and
large size enterprises. Onyx provides flexible solutions that
enable organizations to automate, manage, and evolve their customer
processes quickly and cost-effectively for strategic advantage. By
providing an integrated suite of customer process automation
applications encompassing customer management, process management,
and analytics capabilities, Onyx enables enterprises to reduce
costs, increase productivity and grow revenue. Major companies are
aligning their customer-facing departments and managing their
customer processes with Onyx software -- companies such as Amway
Corporation, Mellon Financial Corporation, The Regence Group and
State Street Corporation. More information can be found at (888)
ASK-ONYX, info@onyx.com or http://www.onyx.com/. Forward-Looking
Statement This press release contains forward-looking statements,
including statements about Onyx's growth strategy and market
opportunity and its consideration of the CDC proposal.
Forward-looking statements are based on the opinions and estimates
of management at the time the statements are made and are subject
to risks and uncertainties that could cause actual results to
differ materially from those anticipated in the forward-looking
statements. The words "predict," "believe," "expect," "intend,"
"anticipate," variations of such words, and similar expressions
identify forward-looking statements, but their absence does not
mean that the statement is not forward looking. These statements
are not guarantees of future performance and are subject to risks,
uncertainties and assumptions that are difficult to predict.
Factors that could affect Onyx's actual results include, but are
not limited to the ongoing success of our growth strategy, the
discussions, if any, that may take place between Onyx and CDC and
the "Important Factors That May Affect Our Business, Our Results of
Operations and Our Stock Price" described in our annual report on
form 10-K and our quarterly reports on form 10-Q and other filings
with the Securities and Exchange Commission which are available on
our investor relations home page at www.onyx.com/investors. Readers
are cautioned not to place undue reliance upon these
forward-looking statements that speak only as to the date of this
release. Onyx undertakes no obligation to update publicly any
forward-looking statements to reflect new information, events or
circumstances after the date of this release or to reflect the
occurrence of unanticipated events. Onyx is a registered trademark
of Onyx Software Corporation in the United States and other
countries. Other product or service names mentioned herein are the
trademarks of their respective owners.
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