MINNEAPOLIS and CAMBRIDGE, Mass., March 13 /PRNewswire/ -- Net Perceptions
(Nasdaq: NETP) and Art Technology Group ("ATG") (Nasdaq: ARTG) today announced
that they have completed the integration of ATG's Dynamo Product Suite of
E-commerce and personalization applications with the Net Perceptions for
E-commerce recommendation engine. The integrated solution enables
Dynamo-driven sites to include one-to-one customer recommendations as part of
their personalized eBusiness initiatives.
Through the new Dynamo Open Adapter for Net Perceptions, available
immediately from ATG, customers can easily and quickly add Net Perceptions'
collaborative filtering recommendation capabilities to the business
rules-based personalization features of Dynamo, including customer profiling,
market segmentation, content targeting, and merchandising that drive their
eBusiness. Integration of the e-commerce and personalization technologies
from the two companies will allow mutual partners, such as Fort Point
Partners, to accelerate implementation of this comprehensive solution.
"Our clients' customers demand an easy and satisfying buying experience.
Personalization technology is one way we help our clients deliver value to
individual customers, effectively increasing sales," said Kevin Smith, VP of
business development at Fort Point Partners, an Internet consulting and
systems integration firm that has deep strategic alliances with both
companies. "The packaged ATG/Net Perceptions integration means we can easily
take advantage of the best of both products and deliver solutions that delight
our clients' customers and drive sales."
Ken Volpe, vice president of product marketing and management at ATG,
said: "The ATG Dynamo Product Suite provides customers with the e-commerce
and personalization platform required for building enduring online customer
relationships. Working with Net Perceptions allows ATG to provide our
customers with the ability to integrate realtime recommendation capabilities
with Dynamo's business rules-based personalization, including market
segmentation, targeting rules, and up-sell and cross-sell promotional
campaigns."
ATG's Dynamo Product Suite provides businesses with the core platform to
develop and deploy personalized, scalable and reliable e-commerce Web sites.
The Net Perceptions for E-commerce product allows organizations to benefit
from understanding and predicting what people will value. Combined, the
two products deliver an advanced realtime personalization solution for
improving the browser-to-buyer ratio, increasing average order size and
enhancing customer loyalty. The new Dynamo Open Adapter for Net Perceptions
software is currently available to ATG customers using Dynamo Commerce Server.
"The integration of our one-to-one recommendation technology with the ATG
Dynamo Product Suite results in an out-of-the-box solution of both companies'
core competencies," said Steve Larsen, Net Perceptions senior vice president.
"This allows customers and system integrators to quickly launch and manage the
most highly personalized e-commerce applications."
About Art Technology Group
Art Technology Group, Inc. ("ATG") (Nasdaq: ARTG) is a leading provider of
Internet customer relationship management and electronic commerce products and
services. ATG offers an integrated suite of Java application server-based
products and services, as well as related application development, integration
and support services. ATG's Dynamo(R) product suite enables Global 1000
enterprises, as well as new businesses using the Internet as their primary
business channel, to understand, manage and build their online customer
relationships and to more effectively market, sell and support their products
and services over the Internet. Dynamo is licensed to over 200 customers
including: 3M, BabyCenter, BellSouth, BMG Direct, Eastman Kodak, Informix,
John Hancock Funds, Network Solutions, Newbridge Networks, Scudder Kemper
Investments, Sun Microsystems and TheStreet.com. The Company is headquartered
in Cambridge, MA with additional locations throughout the U.S. and in Europe.
About Net Perceptions
Net Perceptions is a leading provider of realtime personalization and
precision marketing software solutions for Internet and multi-channel
retailers. Its software is designed to help retailers understand customers
individually, optimize product assortments, prices and inventories and offer
the right product to the right customer at the right price. On February 14,
2000, Net Perceptions completed its acquisition of Knowledge Discovery One
(KD1); a provider of advanced data analysis solutions for multi-channel and
dot.com retailers. Net Perceptions' customers include many of the world's
best-known brands including: Art.com, Bertelsmann, CDNOW, Egghead.com,
eToys.com, Fingerhut, Hudson's Bay Company, J.C. Penney, Procter & Gamble,
Tower Records and Walgreens. Incorporated in Delaware, July 3, 1996, the
company has offices in Minneapolis, San Francisco, New York, Austin, Texas,
Richardson, Texas, and Berkshire, U.K.
Net Perceptions is a registered trademark of Net Perceptions Inc.
Greenlight Go! is a service mark of Net Perceptions. All other trademarks are
the property of their respective owners.
This news release contains forward-looking statements that involve a
number of risks and uncertainties. Among the important factors that could
cause actual results to differ materially from those indicated by such
forward-looking statements are the company's limited operating history, delays
in product development, development of the Internet market, changes in product
pricing policies, competitive pressures and the risk factors detailed from
time to time in the company's periodic reports and registration statements
filed with the Securities and Exchange Commission.
This press release contains forward-looking statements for purposes of the
safe harbor provisions under The Private Securities Litigation Reform Act of
1995. These statements involve known and unknown risks and uncertainties that
may cause ATG's actual results, levels of activity, performance or
achievements to be materially different from any future results, levels of
activity, performance or achievements expressed or implied by such
forward-looking statements. Important risk factors affecting ATG's business
generally may be found in ATG's prospectus and in periodic reports and
registration statements filed with the Securities and Exchange Commission.
Risk factors related to the subject matter of this press release include the
possibility that the Net Perceptions and ATG products will not be compatible,
either now or in the future; that customers will encounter difficulties in
implementing the two companies' software; that the strategic alliance will be
unsuccessful; unrealistic customer expectations; and the costs and risks
associated with intellectual property infringement and litigation. ATG
undertakes no obligation to update any of the forward-looking statements after
the date of this press release.
SOURCE Net Perceptions
CONTACT: Jacqueline Hanson of Net Perceptions, 612-918-1749, or cell,
612-385-3949, or jhanson@netperceptions.com; or Rich Adolph of Waggener
Edstrom, 425-637-9097, or richa@wagged.com; or Nancy Morrisroe of Art
Technology Group, 617-386-1282, or Nancy@atg.com/