Mountain View Calif., Jan. 26, 2000 Sagent Technology Inc., a leading provider of real-time e-business intelligence solutions, announced that the company has reached a new corporate milestone of 1,000 customers. This milestone follows the close of a record-setting fourth quarter for Sagent in which the company signed more than 150 new customers and expanded its worldwide presence throughout Europe, Asia-Pacific and Australia.
In addition, Sagent pursued an aggressive market growth strategy through its recent acquisition of Qualitative Marketing Software Inc. (QMSoft), a privately held company that delivers real-time, transactional, value-added customer information and marketing e-services by securely hosting business and consumer data on the Web to businesses such as InsWeb, MyMove.com and Locus Direct Marketing Group. Together, the companies' complementary technologies allow e- businesses to strategically use the Web to better understand their prospects and customers, optimize revenue and profitability, as well as maximize company effectiveness by combining valuable real-time customer marketing data with e- marketing expertise.
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