TORONTO, Sept. 15 /CNW/ - Angoss Software Corporation (TSX-V: ANC), a leading provider of data mining and predictive analytics solutions for the financial services and information and communications technology industries, today announced that Russell Investments has signed a multi-year agreement to expand licensing of Angoss' sales optimization solution for the mutual fund industry. As an integral part of this expansion, Angoss' on-demand sales analytics will be deployed through Salesforce.com, leveraging Angoss' existing technology integration with the CRM leader.
"The tools and insights provided by Angoss are integral to our success. Angoss has been a true partner in building a more effective go-to-market strategy for Russell's U.S. Private Client Services business", states Russell Investments' Managing Director of Private Client Services Marketing, Russ Lemken. "Integrating these analytics with Salesforce.com allows our sales and marketing teams to be fully connected in our planning and our daily operations."
About Russell Investments
Russell Investments is a global investment company with $151 billion in assets under management as of June 30, 2009. Russell serves individual, institutional and advisor clients in more than 40 countries and provides investment solutions including mutual funds, retirement investments, institutional asset management, implementation services and global stock market indexes. Russell is world-renowned for its depth of manager research, quality of manager selection and access to some of the world's leading investment managers. It helps investors of all sizes put this access to work in corporate defined benefit and defined contribution plans, and in the life savings of individual investors. For more information regarding Russell Investments, visit www.russell.com.
About Angoss Software Corporation
Headquartered in Toronto, Canada, with operations in the U.S., and U.K, Angoss helps clients grow revenues and reduce risk using powerful predictive analytics and data mining software that unlock actionable knowledge from customer data. Angoss increases the intelligence of marketing, sales, and risk activities for some of the world's largest financial services, telecom and technology companies including HSBC, Citigroup, JP Morgan Chase, GE Money, Vodaphone, T-Mobile, and in Canada, Research in Motion, Bell Canada, Rogers Communications, and CT Financial. Angoss helps these and other companies discover patterns amongst customer activity, predict the impact of their marketing, sales and risk strategies, and act on this insight with actionable, predictive rules that generate improved business performance. Angoss is listed on the Toronto Venture Exchange under the symbol "ANC" and has been operating since 1984. For more information regarding Angoss Software Corporation, visit www.angoss.com.
This press release contains statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. The accuracy of these statements may be impacted by a number of business risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including: the risk that the sale of our products and services involves a long sales cycle; the risk that the economic environment and business conditions will remain difficult to predict; the risk of competition in our target markets; the risk that we may not respond adequately to evolving technologies; the risk that we or our customers may have difficulties in introducing our products or services; the risk that we will encounter difficulties in continuing to offer services; the risk that we will encounter difficulties in integrating the operations of acquired companies with our own; the risks of conducting our operations in a variety of international locations; the risk that we may need to record future write-downs of assets arising from our investments in other companies; the risks relating to the costs that we may incur as a result of litigation against us; and other risks described in our filings with securities regulatory authorities, including our annual reports, interim financial statements and similar disclosure documents. Angoss Software Corporation does not undertake any obligation to update this forward-looking information after the date of its initial publication, except as required under applicable law.
Note: The Toronto Venture Exchange has neither approved nor disapproved
the above information.
SOURCE Angoss Software Corporation
For further information: For further information: David Stott, Director, Product Management, (416) 593-2403, firstname.lastname@example.org