SAGENT EXTENDS LEADING E-BUSINESS INTELLIGENCE SUITE WITH POWERFUL NEW ENTERPRISE INFORMATION PORTAL Sagent portal speeds effective decision-making by delivering critical business information to the right people at the right time MOUNTAIN VIEW, Calif. — September 25, 2000 — Sagent Technology, Inc. (Nasdaq: SGNT), a leading provider of Real-time e-Business Intelligence solutions, today announced the Sagent Portal, a second generation information portal that integrates a broad range of content and applications, and serves any kind of business user. "Sagent Portal enables our customers to accelerate effective decision-making by integrating relevant business information and delivering it to a broader audience of users through a single, personalized Web page," said Ben Barnes, president and CEO, Sagent. Sagent Portal is an easy-to-use, but extremely powerful tool for accessing a wide variety of business data and content. The first portal built with a complete XML architecture, it features an easy-to-read layout, powerful embedded search engines, a wide variety of content delivery agents, and the ability to provide information specific to the user's interests and preferences. "To make sound decisions, individuals need to review all kinds of information-numeric, text, Web pages, and so on-and a portal is currently the preeminent vehicle for bringing together diverse data for end-user consumption," said Wayne Eckerson, director of education and research, The Data Warehousing Institute. "The Sagent Portal will increase the usefulness and value of business intelligence data." Sagent Portal makes finding relevant information from multiple sources fast and easy. It also enables up-to-the-minute tracking and reporting of critical data, and provides for individual queries and refinement of content output and display formats. Sagent Portal accomplishes this through sophisticated information indexing, clear categorization of information, and advanced search capabilities. Key benefits include:
Sagent has licensed key technologies from Sequoia Software, the leading provider of XML-powered software for creating interactive e-business portals, for development of the Sagent Portal. The worldwide Enterprise Information Portal software products and services market is expected to grow from $6 billion in 1999 to $14.8 billion by 2002, according to a recent report from Merrill Lynch. The Sagent Portal extends Sagent's reach into this large and fast growing market. A wide variety of businesses and industries will find Sagent Portal valuable. For example, in the insurance industry, a company can deploy a desktop application using the Sagent Portal that will provide agents real-time access to a complete view of their customers, alert them to policies that are up for renewal, allow them to determine if a customer's house is in a flood zone, and provide them with a list of their best prospects. Using the same technology, the insurance company could deliver to customers a self-service application, allowing them to access and update account information, file claims and view vehicle recall information. The Sagent Portal is available immediately. About Sagent Technology Sagent powers more than 1,200 customer-driven organizations around the world and across such diverse industries as e-commerce, financial services, insurance, healthcare and telecommunications. Sagent enables such market leaders as Allstate, GE Capital, Sony Online Entertainment, MapQuest.com, Outpost.com, Ticketmaster, Kemper National Insurance, Royal & SunAlliance, United Healthcare, Siemens, BP Amoco, British Telecom and AT&T to win, retain and grow customers. Sagent retains strategic relationships with ADP, Advent, Commerce One, Compaq, EDS, Epsilon, HAHT Software, IBM, Interpath, Microsoft, SAIC, Sequoia Software and Siebel. Sagent is headquartered in Mountain View, California, and can be reached at http://www.sagent.com. Sagent is a registered trademark of Sagent Technology Inc. All other trademarks are the property of their respective owners. Safe Harbor Michael A. Piotrowski Dwight Holing DISCLAIMER: Sagent Technology is committed to self-regulatory regimes and fully supports fair, ethical and appropriate uses of information. Sagent is not responsible for how its customers are handling the information or distributing it to outside parties. |