InfoNow to Provide Flagship Channel Visibility Solution to One of the World's Largest Semiconductor Companies
26 Julio 2006 - 9:00AM
PR Newswire (US)
Sale of Channel Insight(TM) to This Global Technology Leader Will
Reduce Costs and Improve Accuracy of Its Channel Point-of-Sale
Marketing Efforts Through Deployment of Inventory and Special
Pricing Services DENVER, July 26 /PRNewswire/ -- InfoNow
Corporation, a leading provider of channel visibility and location
service solutions, today announced a multi-year agreement with one
of the world's largest semiconductor companies, to globally deploy
InfoNow's suite of Channel Insight(TM) solutions beginning in
August. The client, who provides an extensive range of
optoelectronic components to customers worldwide, will utilize
InfoNow Channel Insight along with InfoNow's recently released
Pricing Insight(TM) module to provide timely and accurate
processing of worldwide point-of-sale (POS) transactions. Channel
Insight processes POS data in multiple languages from partners in
North America, Europe and the Asia-Pacific regions to quickly and
accurately identify customers and products sold through the
channel, validate catalog and quote pricing, determine sales
margins, and provide actionable reports to support channel sales
and operations. "We process millions of sales transactions
representing billions of annual sales dollars for our clients
through Channel Insight," said Mark Geene, CEO of InfoNow. "We give
them the information they need to optimize sales, marketing and
channel operations. This semiconductor leader will be able to use
that data to help them more accurately track special product
pricing and quotes. By utilizing InfoNow's solution, they get
'commission grade' point-of-sale data to help them manage pricing,
incentive and commission programs by having sales data they can
trust." Since its introduction in 2002, Channel Insight has been
providing accurate and timely POS and channel inventory data to
companies that distribute their products through indirect sales
channels. The company recently rolled out Channel Insight Release
7(TM) (Channel Insight 7), which enhances the Channel Insight
solution with new functionality and makes it available to a broader
range of clients by reducing implementation time and cost through a
subscription-based, on-demand model. Channel Insight 7 appeals to a
broad range of businesses -- whether they process millions or only
thousands of transactions each month. "The robust, accurate data
that Channel Insight 7 provides helps our clients to not only lower
operational costs but to grow revenues as well," added Geene. "We
are pleased to add this firm to our growing list of Channel Insight
clients and we look forward to helping them meet their strategic
objectives." InfoNow signed this agreement in the first quarter of
2006. Terms of the agreement were not disclosed. For additional
information about InfoNow's Channel Insight solutions, contact
InfoNow at 1-866-868-4669, or visit the Company's Website at
http://www.infonow.com/. About InfoNow Corporation InfoNow provides
channel visibility and location services to companies that sell
through complex channel partner networks. InfoNow Channel
Insight(TM) gives companies rich, timely and actionable data on
channel sales, including enhanced market intelligence on partners
and end customers. It also includes tools to help clients use this
data to profitably grow their business, through detailed customer
segmentation and profiling, targeted opportunity generation, robust
partner tracking and analysis, closed-loop opportunity tracking,
sales credit assignment, inventory tracking and more. InfoNow
Location Insight(TM) directs consumers to the optimal business
location such as a branch office, ATM or the appropriate business
partner through Internet, voice-response or mobile devices. InfoNow
Location Insight services also provide tools for location data
management, business partner profiling, and highly tailored lead
routing and management. Since 1996, InfoNow has helped leading
companies such as Bank of America, Enterasys Networks,
Hewlett-Packard, SMC, Visa and Wachovia better serve their end
customers through complex channel networks. InfoNow is based in
Denver, Colorado. For more information, please visit the Company's
Web site at http://www.infonow.com/. DATASOURCE: InfoNow
Corporation CONTACT: David Banks of InfoNow Corporation,
+1-303-293-0212, Web site: http://www.infonow.com/
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