Reports 29% Growth in Cameleon Activity
Chicago, Illinois and Toulouse, France, May 9, 2006 - Access Commerce, a leading provider of multichannel commerce solutions, today reported revenue for the first quarter of 2006 totaled 2.24 million Euros, an increase from €2.14 million posted in the comparable period of 2005. Cameleon license revenue was very strong during the quarter, posting growth of more than 90% over the previous year period, bolstered by several large-scale agreements. Revenue from Integration activity fell compared with the prior year period, as the measures designed to boost this activity (updated product offering and hiring of additional sales personnel) are not expected to yield results until the second half of 2006.
The Company announced that it expects its 2006 breakeven point to be between €10 million and €10.5 million (excluding integration of the Exsyde acquisition) and that it continues to see seasonal variation in sales in the fourth quarter. In an effort to accelerate its growth strategy in industrial, distribution and services markets, the Company has taken measures including a significant expansion of its sales force and development of partnerships with global market players.
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. About Access Commerce Access Commerce is a leading provider of Multichannel Commerce Solutions.
Access Commerce helps manufacturing, distribution, retail and service companies sell products and services through any sales channels. The Cameleon Commerce Suite simplifies key steps in the Lead-to-Order-to- After-Sales process by optimizing core business functions: e-commerce, electronic catalog and guided selling, product and service configuration, advanced pricing, quote and proposal generation, order management and BOM/routing generation. 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 customers include AREVA, Eaton, Invacare, Leroy Merlin, Manitou, Mitsubishi Caterpillar Forklift Europe (MCFE), Perkins Engines, Saint-Gobain, Schneider Electric, ThyssenKrupp, and X-Rite.
Access Commerce is headquartered in Toulouse, France and Chicago, Illinois, and has offices located in North America, France and Germany. 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.
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. All rights reserved © 2006 Access Commerce
Thibault de Bouville
P: +33 (5) 61 39 78 78
Access Commerce USA
5215 Old Orchard Road-Suite 270-Skokie, IL 60077