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| For Immediate Release |
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| Contacts: |
Thibault de Bouville
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Lionel Chapurlat |
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Access Commerce |
Access Commerce |
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P: +33 (0)5 61 39 78 78 |
P: +33 (5) 61 39 78 30 |
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tdebouville(at)access-commerce.com |
lchapurlat (at)access-commerce.com |
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www.access-commerce.com |
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Access Commerce Reports Revenue for
the first quarter of 2008
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| Chicago, Illinois and Toulouse, France,
April 30, 2008 |
Access Commerce (Euronext: 7424), a leading provider of E-Commerce and Configurator software, today reported revenue of €2.75 million for the first quarter of 2008, a 7% increase from €2.58 million in the first quarter of 2007. |
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(€M)
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Q1 2008 |
Q1 2007 |
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Change
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Cameleon Activity
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2.02 |
1.89
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+7%
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Integration Activity
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0.73 |
0.69
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+6%
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Total Revenue |
2.75 |
2.58
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+7%
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(Non audité) |
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Access Commerce continues to provide Cameleon solutions to major clients, and added Technip and Institut Français du Pétrole to the list of new accounts. The Integration Activity also confirmed a return to healthy growth with good visibility for the rest of the fiscal year.
In 2008, beyond the industrial market where Cameleon solutions have been particularly well received, Access Commerce plans to extend its sales efforts in the telecommunications, insurance, healthcare, and financial services sectors. One of the key components of Access Commerce’s strategy is the strengthening of alliances with companies in these markets, which appears to be a catalyst for driving revenue growth in 2008.
Access Commerce expects to reach annual breakeven at around €12.7 million in 2008, compared with €11 million in 2007. This increase is due primarily to the impacts of IAS 38 – the company stopped capitalising R&D expense at the end of November 2007 (€0.65 million) – and IFRS 2 Share-based Payment (€0.15 million). These two items concern non-cash, mainly non-recurrent charges. In addition, the company made further investments in 2008 in order to speed penetration of new services markets (through additional sales staff and stepped-up marketing) and bolster technological innovation around its Cameleon suite. |
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| This press release may contain statements relating to future
prospects of the Company based on assumptions and forecasts
made by Executive Management, as well as information in its
possession. The said statements include an element of risk and
uncertainty and the assumptions made may differ radically from
actual Company performance. Readers of this press release should
therefore refrain from taking these statements as to future
prospects as certainties. |
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| Download the pdf file |
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| Access Commerce is an international provider of E-Commerce and Configurator software. |
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The Cameleon Commerce Suite from Access Commerce helps companies sell products and services through multiple sales channels and provides a common point of order capture across the enterprise. Cameleon optimizes complex selling and ordering processes by orchestrating core business functions that include e-commerce, electronic catalog and guided selling, product and service configurator, advanced pricing and promotions, quote and proposal generation, and order management. Employees, channel partners and customers use Cameleon to eliminate errors and non-value added activities, decrease cycle times and improve customer satisfaction, resulting in increased revenue and a reduction in sales and operational costs.
Access Commerce is headquartered in Toulouse, France and Chicago, Illinois. Customers include AREVA, Eaton Corporation, Golf Pride, Invacare, Leroy Merlin, Manitou, Perceptron, Perkins Engines, Saint-Gobain, Schneider Electric, Sud-Ouest Mutual Insurance, Tait Electronics, ThyssenKrupp, X-Rite and Yellow Pages. Visit the customer section of our website.
Cameleon is a trademark of Access Commerce SA and may be registered in certain jurisdictions. All other product and company names mentioned are the property of their respective owners.
For more information, visit www.access-commerce.com |
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