InfoNow Press Release
LEADING MANUFACTURER OF GRAPHICS AND DIGITAL MEDIA PROCESSORS SELECTS INFONOW’S CHANNEL INSIGHT SERVICE TO GAIN VISIBILITY INTO PRODUCT SALES
Client to benefit from the ability of Channel Insight to streamline the collection and processing of channel point-of-sale and inventory data
DENVER November 3, 2005,
InfoNow Corporation (NASDAQ: INOW), a leading provider of channel visibility and channel management solutions, today announced a multi-year agreement with one of the world’s leading manufacturers of graphics and digital media processors, to globally deploy InfoNow’s suite of Channel Insight solutions beginning this quarter.
The new customer will utilize a number of InfoNow’s Channel Insight services,ing Channel Ins including Channel Insight: POS Connect, Channel Insight Global Partner Management, and the base Channel Insight Service to provide timely and accurate processing of channel inventory and POS transactions. The solution suite will allow this technology leader to collect POS and inventory data from partners in North America, Europe and the Asia-Pacific region and to quickly and accurately identify all of the products sold through the channel, to track channel inventory, and to receive actionable reports to support channel sales and operations.
"Our Channel Insight solution currently processes millions of sales transactions representing billions of annual sales dollars for our clients," said Mark Geene, executive vice president of Field and Client Operations for InfoNow. "We give them the information they need to optimize sales, marketing and channel operations. In this case, we'll be providing robust analysis on product sales through this customer’s indirect sales channel. We are pleased to continue expanding our growing list of Channel Insight clients and we look forward to helping this customer meet its strategic objectives."
InfoNow signed this agreement in the third quarter of 2005. Terms of the agreement were not disclosed.
For additional information about InfoNow's Channel Insight solutions, contact InfoNow at 1-866-868-4669, or visit the Company's Website at www.infonow.com.
About InfoNow Corporation
InfoNow provides channel visibility and location services to companies that sell through complex channel partner networks. InfoNow Channel Insight™ gives companies rich, timely and actionable data on channel sales, including enhanced market intelligence on partners and end customers. It also includes tools to help clients use this data to profitably grow their business, through detailed customer segmentation and profiling, targeted opportunity generation, robust partner tracking and analysis, closed-loop opportunity tracking, sales credit assignment, inventory tracking and more. InfoNow Location Insight™ directs consumers to the optimal business location such as a branch office, ATM or the appropriate business partner through Internet, voice-response or mobile devices. InfoNow Location Insight services also provide tools for location data management, business partner profiling, and highly tailored lead routing and management. Since 1996, InfoNow has helped leading companies such as Bank of America, Enterasys Networks, Hewlett-Packard, SMC, Visa and Wachovia better serve their end customers through complex channel networks. InfoNow is based in Denver, Colorado. For more information, please visit the Company's Web site at www.infonow.com.