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Innovative Systems Launches Software
Replacement Program |
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Competitive trade-in program provides opportunity to partner with demonstrated data quality and compliance leader, realize significant
return on investment |
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| Pittsburgh, PA - June 17, 2004 - Prompted by the current climate of acquisitions and mergers within the data quality and compliance markets, Innovative Systems, Inc., a global provider of customer data integration and regulatory compliance solutions, today announced a software trade-in program. This initiative addresses customer concerns regarding merged vendors' future product direction and software support, and offers a cost-neutral software replacement alternative. For organizations that are not satisfied with their existing data quality and compliance solutions providers, Innovative's program provides an attractive migration path to its i/Lytics® data profiling, data quality, address verification and compliance software. |
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| A pioneer in the data quality industry, Innovative has been recognized for its outstanding customer service and support by research firms such as Gartner and Current Analysis. Innovative's tradition of long-term customer relationships reflects a commitment to customers that has made it one of the leading global customer data integration software firms. With annual customer retention rates well above 90%, rated among the highest in the data quality market, Innovative has a demonstrated history of delivering data quality solutions that meet and exceed the changing needs of its customers. |
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| Organizations with concerns about potential contractual issues, pricing changes, product quality degradation, and on-going product support of their current data quality and compliance software providers now have an affordable option to migrate from their existing products to any comparable i/Lytics solution. The program will allow the customer to leverage their initial software investments, while realizing the significant benefits of partnering with an independent data quality and compliance specialist known for providing leading technology solutions and unparalleled support and service for over 35 years. |
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| "In a time of significant change and upheaval in the data quality and compliance markets, Innovative is proud to offer a proven and stable alternative to organizations concerned about their current providers' long-term commitment to product development and support," said Jeff Canter, Innovative's executive vice president of global marketing and operations. "Our independence, unmatched subject-matter expertise, and our total commitment to providing excellent service and support has been, and will continue to be, a winning combination for both the company's and our customers' long-term success." |
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| i/Lytics is a suite of software products that, separately or interdependently, support a range of capabilities, including data profiling, data quality, address verification, customer data integration and compliance initiatives. Its comprehensive approach to data quality and compliance provides organizations with a robust and scalable solution that can be easily extended to meet new and changing business and regulatory requirements for improved return on investment. And unlike other regulatory-specific point solutions, i/Lytics supports compliance with numerous national and international mandates, including OFAC (Office of Foreign Assets and Control), SOX (Sarbanes-Oxley), U.S.A. PATRIOT Act, Basel II, and others. |
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| For more information on Innovative's software replacement program, contact Chuck Chrissis of Innovative Systems at 1-800-622-6390. |
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| About Innovative Systems, Inc. |
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| Innovative Systems is a world leader in delivering enterprise customer information solutions to organizations whose success depends on a complete and accurate understanding of their customers. ISI's solutions include: i/Lytics® Enterprise Data Quality Suite; i/Lytics GLOBAL™ Suite for CASS™ certification, geocoding, and longitude/latitude coordinates; Synchronos™, ISI’s proven CDI and enterprise customer management solution; and FinScan™ for compliance list, sanctions and PEP screening compliance. |
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| Since 1968, companies worldwide have relied on ISI’s data quality software, systems integration, database solutions and customer data quality audits. The company has set the standard for data quality management in thousands of customer-centric projects utilizing the firm’s services for creation and maintenance of customer data. ISI’s work has included clients in more than 30 countries. ISI maintains headquarters in Pittsburgh, Pennsylvania, with European operations based in London. Representative offices are in Washington, D.C., Phoenix, AZ, and Mexico City. The Innovative Web site is located at www.innovativesystems.com.
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| Company Press Contact: |
Karin O'Sullivan
Innovative Systems, Inc.
Tel: +1 (412) 937 7678
kosullivan@innovativesystems.com |
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Trademark Notice
i/Lytics, i/Lytics Data Profiler, i/Lytics SECURE, eWatchLine,
Fin-Scan and Synchronos are trademarks of Innovative Systems, Inc. All other products or company names are used for identification purposes only, and may be trademarks of their respective owners. |
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