| [June 07, 2004] |
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Entellium Honored as 2004 Venture All Star Company; The Venture Event of the Year Honored Entellium As One of the Top Venture-Backed Companies in the Region
SEATTLE --(Business Wire)-- June 7, 2004 -- Entellium, a provider of hosted sales, customer service and marketing automation products, has been honored as a 2004 Venture All Star by the Investment Forum, a non-profit organization that promotes promising new companies to the business and investment community. Paul Johnston, President and CEO was honored along with a select group of CEOs at the Chateau Ste. Michelle winery as 2004 Venture All Stars, recognizing their accomplishments as the top venture-backed companies in the region. Entellium was also featured in the fourth edition of the venture map poster, the definitive visual business reference, which will be distributed to more than 50,000 private investors and top business executives throughout the Northwest including Washington, Oregon and British Columbia.
"We have an opportunity to change the landscape of the hosted-CRM market with our second generation hosted-CRM offering. Our advanced workflow capabilities, deep personalization, channel based distribution model and significant pricing advantages answer the limitations of first movers in the space, at the same time giving resellers an excellent opportunity to extend the overall market by delivering a superior value proposition to the customer," said Johnston.
The 2004 Venture All Star companies were selected over a four-week period from more than 125 nominations by a forty (40) member Selection Committee comprised of representatives from the region's top venture capital funds such as OVP Venture Partners, Madrona Venture Group, Ignition Partners and Northwest Venture Associates to name a few. In order to be selected, companies had to demonstrate the ability to follow in the footsteps of the region's most successful growth business such as Microsoft, Starbucks, Costco, Amazon.com and Immunex. Companies were evaluated on their growth achievements to date, market potential, management strength and financial backing.
For a complete list of the companies, go to http://www.ventureallstars.com.
"Entellium has proven its ability to be a leader and is well positioned to prosper in the recovering economy," said Nathan McDonald, Managing Director of the 2004 Venture All Stars and Investment Forum. "We're honored to produce the fourth-annual Venture All Stars event to promote companies with outstanding growth potential."
Entellium is the only hosted-CRM provider that offers its Sales Force, Customer Service and Marketing products as "modules" available for purchase separately on a monthly per subscription fee basis -- with no contracts required.
Moreover, Entellium has equipped each module with an industry first "portal view" feature, at no additional cost, which allows employees and managers to easily see and share information in each module even though they may not be a registered user of that module. In contrast, other CRM vendors require their customers to purchase entire packages costing 50% or more than Entellium's solutions.
Entellium users pay only for the modules they subscribe to on a monthly basis, with fees ranging from $10-$67, compared to upwards of $120 from other vendors with comparable features. Entellium sells its products through reseller channels only.
About Entellium
Founded in 2000, Entellium is an early pioneer of hosted-CRM solutions, serving global customers like Honda Motors, Pan Pacific Hotels, Standard Charter Bank, and TELUS Communications. These corporations have been using Entellium solutions to create more efficient, productive teams within their sales, customer service and marketing departments. Entellium is headquartered in Seattle Washington with an R&D Center in Malaysia and sales operating worldwide via our partner network. For more information, visit www.entellium.com.
About the Venture All Stars
The 2004 Venture All Stars is a salute to the region's entrepreneurs and their success. The selected Venture All Star companies are those that the local venture investing community believe have demonstrated the ability to follow in the footsteps of the region's most successful growth businesses, such as Microsoft, Starbucks, Costco, Amazon.com and Immunex, to name a few of the local companies that relied on private venture funds to grow. Selection as a Venture All Star company acknowledges each of their efforts to date, gives them visibility in the community, and encourages their future success.
http://www.VentureAllStars.com
About the Investment Forum
The mission of the Investment Forum is to promote promising new companies by creating, operating and producing creative ways to educate and bring entrepreneurs, investors, and the business community together for the benefit of all. Bryce James, Tim Reha, and Nathan McDonald formed the Investment Forum as a Washington State Non-Profit Corporation in 2000.
The Investment Forum produces and co-promotes events, forums, speakers and special projects on a monthly basis. The Investment forum features a popular monthly Investment News and Event Email Newsletter for Angel Investors and Entrepreneurs. The organization is operated out of Seattle, Washington.
http://www.InvestmentForum.org
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