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Message #47
From: Stock News Bot
Date: December 20, 2006 05:30:00 AM

KANA News KANA Capitalizes on Public Sector Demand for Multi-Channel Customer Service Solutions

MENLO PARK, Calif.--(BUSINESS WIRE)--Kana Software, Inc. (OTCBB: KANA.OB), a world leader in multi-channel customer service, today announced that the company is introducing its multi-channel customer service solutions to the federal government market. As part of this strategy, Steve Nesenblatt has joined the company as director of federal sales. Mr. Nesenblatt served previously as vice president, public sector for RightNow Technologies, Inc., where he successfully guided the public sector division to consistent and substantial revenue growth.

“There is tremendous demand for multi-channel customer service solutions in the public sector,” said Michael Fields, CEO of KANA. “Steve’s proven enterprise software sales acumen and strong relationships within the federal government will be invaluable to our efforts to grow this area of the business. Building upon this announcement, KANA expects to formalize its public sector strategy in the first half of 2007.”

"KANA’s proven technology and expertise will be vital to the efforts of Federal agencies to plan and execute a CSLIC model service strategy, ensuring that citizens receive accurate, timely and consistent service regardless of how they choose to communicate," added Mr. Nesenblatt.

About KANA

KANA is a world leader in multi-channel customer service. KANA's integrated solutions allow companies to deliver consistent, managed service across all channels, including email, chat, call centers and Web self-service, so customers have the freedom to choose the service they want, how and when they want it. KANA's clients report double-digit increases in customer satisfaction, while reducing call volumes by an average of 20%. KANA's award-winning solutions are proven in more than 600 companies worldwide, including approximately half of the world's largest 100 companies. For more information visit www.kana.com.

Cautionary Note Regarding Forward-looking Statements Under the Private Securities Litigation Reform Act of 1995:

Information in this release regarding KANA's forecasts, projections, expectations, beliefs, and intentions are forward-looking statements that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to KANA as of the date of this release, which may likely change, and we assume no obligation to update any such forward-looking statement. These statements include statements about demand for multi-channel customer service solutions, and KANA's growth and success. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to such differences include, but are not limited to: competition in our marketplace, including introductions of new products or services, or reductions in prices, by competitors; risks associated with lack of market acceptance of KANA's products or services; inability to enhance and develop our products and services within budget and on schedule; inability to attract and retain qualified employees, to manage cash and expenditures or to expand sales; inability to manage our business in light of recent personnel reductions; KANA's history of losses; the effect of potential military action and terrorist activities; and slow economic conditions, particularly as they affect spending by our prospective customers on SRM and similar enterprise software products. These and other factors are risks associated with our business that may affect our operating results and are discussed in KANA's filings with the Securities and Exchange Commission, including our most recent annual report on Form 10-K and our quarterly reports on Form 10-Q.

NOTE: KANA is a registered trademark of KANA Software, Inc. All other company and product names may be trademarks of their respective owners.

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