Contact Network Releases Version 3.0 of Market Leading Technology
Enterprise Contact Collaboration Firm Adds Enhanced
Configurability, Responds to Customer Feedback With Powerful Tools
for Vertical Markets
Boston, MA - February 16, 2004 - Contact Network
Corporation, the leading provider of enterprise contact collaboration
solutions, today announced the latest version of its social networking
software for global sales companies, professional service firms and
business schools.
Contact Network Corporation's latest release adds advanced
configuration settings to its pathbreaking enterprise software,
allowing customers to have a high degree of control over the ways
users search and see the latent relationships in their companies.
"Collaborating with peers by sharing valuable contacts is
something employees want to do, but it's important to give companies
the ability to match our solution to their culture," said Geoffrey
Hyatt, CEO of Contact Network Corporation. "No one has more experience
than we do in marrying our advanced solution to the real needs of
customers."
Contact Network has also added specialized modules for law and
venture capital firms. These modules allow customers in each industry
to use the Contact Network to address their unique collaboration
needs.
"We're committed to delivering the best solution for every type of
customer we work with," said Colin Mathews, Vice President of Business
Development for Contact Network Corporation. "Although we work with
industry-leading firms in financial services, management consulting,
technology sales, and law who have between 50 and tens of thousands of
employees, we have the expertise and the team to provide solutions
tailored to their individual needs."
New Features and Benefits of Contact Network 3.0 include:
Expanded Administrative Capabilities:
- Full data and usage reporting system and master dashboard allows
complete overview and ROI measures.
- Complete analytics package to tune and customize the
solution.
Granular Search and Display Parameters:
- Users may now search for contacts using a wide range of
parameters that provide more specialized discovery of useful
contacts.
- Companies now have a longer menu of options for the type and
degree of information exchanged during the contact collaboration
process.
- Search options are highly configurable at both the
administrative and user level. Modules for Legal and Venture
Capital Markets.
- New modules plug into the Contact Network's rich functionality
with specialized features designed in collaboration with industry
customers.
About Contact Network's Application
The Contact Network search is a high-ROI tool that companies use to
speed sales cycles, increase close rates, improve business
intelligence, and enhance cross-selling by helping employees find
useful contacts among their coworkers. Users simply enter a target
person, company or industry and the search results instantly provide a
ranked list of colleagues that may have useful contacts. They then
request introductions from their colleagues. Personal privacy is
guaranteed because private contact information is never disclosed by
the system; colleagues retain control and choose to share their
relationships on a case-by-case basis. All participants can set their
privacy settings and level of sharing.
The ranking of search results is based on a proprietary algorithm
that scores recent email traffic, electronic address book entries,
employment history, and a variety of third-party and proprietary
contact management systems. The application requires no training to
use and data input is 100% automated.
The Contact Network application v3.0 is available now and provided
to enterprises for a monthly subscription fee, which includes
installation and full support. For more information on the product,
pricing and its immediate positive ROI, visit www.contactnetworkcorp.com,
email info@contactnetworkcorp.com,
or telephone directly at (617) 224-9917.
About Contact Network Corporation
Contact Network Corporation is the leading provider of enterprise
contact collaboration solutions. The Contact Network application, the
first corporate social networking software, enables leading
professional service firms, Global 1000 sales forces, and major
universities to better utilize their extended relationship network to
generate sales, facilitate networking opportunities, and improve
knowledge sharing within a secure, private internal network. Contact
Network Corporation is a Boston-based, privately-held company.
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