Founder, Cliff Reid, to Return as CEO
SAN MATEO, Calif., Nov. 2 /PRNewswire/ -- Eloquent, Inc. (Nasdaq: ELOQ),
the leader in Web-based rich media business communications solutions,
announced today that its founder and current Chairman, Cliff Reid, will return
as the company's Chief Executive Officer as well, effective November 1, 2000.
Reporting to Cliff Reid there will be a newly formed "Office of the President"
consisting of Alan Atlas, Senior Vice President of Products and Operations,
John Curson, Chief Financial Officer, David Glazer, Chief Technology Officer
and Gary Laney, Vice President of Sales.
Abe Kleinfeld, formerly Eloquent's President and Chief Executive Officer
has resigned, in a mutual agreement with the Board of Directors, to pursue
other opportunities.
About Eloquent, Inc.
Eloquent (Nasdaq: ELOQ) is the leader in Web-based rich media business
communications solutions. Eloquent products and services quickly and
effectively transfer knowledge to large audiences over the Web using
synchronized on-demand video, audio, text, graphics and interactivity.
Eloquent solutions improve an organization's ability to deploy knowledge
quickly. They reduce time-to-market, increase customer satisfaction, and
enable on-demand strategic communications that drive top-line performance --
at a fraction of the cost of traditional methods.
Eloquent's full service solution offering includes Web-based player and
server software, content production facilities, content and application
hosting, and a complete professional services offering. Eloquent's open
architecture integrates easily with industry-leading technologies,
enterprise applications, and other digital content. Eloquent's worldwide
customer base includesover 2 million users across more than 250 companies.
For more information, please visit the company's Web site at
http://www.eloquent.com .
Except for historical information, all of the expectations and assumptions
contained in the foregoing are forward-looking statements involving risks and
uncertainties. Important factors that could cause actual results to differ
materially from such forward-looking statements include, but are not limited
to, competition in our markets and for qualified personnel, timing of customer
orders and technological change. For additional information regarding these
and other risks, refer to Eloquent's recent Prospectus, filed on February 16,
2000, and the Company's most recent Form 10-Q, on file with the Securities and
Exchange Commission.
Eloquent and the Eloquent logo are trademarks of Eloquent, Inc. All other
trademarks are the property of their respective owner
SOURCE Eloquent, Inc.
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Related links:
http://www.eloquent.com
CONTACT:
John Curson, Chief Financial Officer of
Eloquent, jcurson@eloquent.com, 650-294-6500; or Analyst, Allison
Parker, General, Pam Roberts, or Financial Media, Dawn Swidorski,
all of The Financial Relations Board, 415-986-1591
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