MINNEAPOLIS, March 29 /PRNewswire/ -- Net Perceptions, Inc. (Nasdaq: NETP)
today announced it is addressing the need for integrated personalization
solutions in the telecommunications industry by entering into an agreement
with SBC Communications (NYSE: SBC) to install Net Perceptions 1:1 realtime
personalization technology in areas of SBC's call centers operations. SBC
will use Net Perceptions for Call Centers 2.0 software to instantly deliver
personalized product and service recommendations to its customers.
"Telecommunications is one of the most intensely competitive industries,"
said Steven Snyder, Net Perceptions president and CEO. "By using Net
Perceptions technology, SBC can enhance customer service by instantly
presenting customers with the kind of personalized recommendations that
enhance overall customer service."
About SBC
SBC Communications Inc. (www.sbc.com) is a global communications leader.
Through its subsidiaries' trusted brands - Southwestern Bell, Ameritech,
Pacific Bell, SBC Telecom, Nevada Bell, SNET and Cellular One -- and
world-class network, SBC's subsidiaries provide local and long-distance phone
service, wireless and data communications, paging, high-speed Internet access
and messaging, cable and satellite television, security services and
telecommunications equipment, as well as directory advertising and publishing.
In the United States, the company currently has 90.4 million voice grade
equivalent lines, 11.2 million wireless customers and is undertaking a
national expansion program that will bring SBC service to an additional
30 markets. Internationally, SBC has telecommunications investments in
23 countries. With more than 204,000 employees, SBC is the 13th largest
employer in the U.S., with annual revenues that rank it among the largest
Fortune 500 companies.
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. 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.
SOURCE Net Perceptions, Inc.
CONTACT: Jacqueline Hanson of Net Perceptions, 612-918-1749, or
612-385-3949, or jhanson@netperceptions.com; or Rich Adolph of Waggener
Edstrom, 425-637-9097, or richa@wagged.com/