After Five Months Of Availability New Product Shows
Strong Momentum, Accounts For Close to $10 Million In Revenue To Date
OTTAWA, Canada, Nov. 11 /PRNewswire/ - Fulcrum Technologies Inc. (NASDAQ:
FULCF; TSE: FUL) today announced that it has passed the 100-order mark for
it's new flagship product, the Fulcrum(R) Knowledge Network(TM). Leading
organizations like Price Waterhouse, Texaco, the White House and others have
all licensed Knowledge Network during the past five months, as a powerful
framework for creating their knowledge management applications.
``In only five months of selling Fulcrum Knowledge Network, we are seeing
tremendous momentum, and the product has earned us a leadership position in
the emerging Knowledge Management software market,'' said Mike Laginski,
president and chief operating officer of Fulcrum. ``Potential customers get
very excited when they first see what they can accomplish with this product,
and there are already several instances of the Fulcrum Knowledge Network being
chosen to replace existing installations of competitors' products. It's easy
for customers to see the value we can provide right out of the box.''
MILESTONES FOR FULCRUM KNOWLEDGE NETWORK
- The product was launched in late May, and by the end of the second
quarter there were 30 orders. By the end of the third quarter, the
total was up to 84, and last week Fulcrum crossed the 100-order mark
for this new product.
- In just over 5 months, the product has generated close to $10 million
in license revenue.
- The product is attracting great customers like Texaco, Price
Waterhouse, The White House Situation Support Room, Bank of France,
and others.
- In the third quarter, sixty percent of Knowledge Network customers
were new Fulcrum customers.
- The product was featured in more than 30 trade magazine news stories
in the third quarter.
- It has been the subject of several positive product reviews, most
recently in PC WEEK in mid October, which reviewed version 2.1.
- Fulcrum delivered version 2.1 at the end of September, a release that
rounded out the product architecture with a Web crawler, enhanced
Notes support, and enhancements to Fulcrum's unique Knowledge Map.
- CAP Ventures recently issued a report that distinguishes Fulcrum's
focus on Knowledge Management from vendors who are ``simply recasting
their existing offerings as knowledge management.'' By contrast, CAP
Ventures describes Fulcrum as a supplier ``for whom knowledge
management is a strategic move.''
ABOUT FULCRUM KNOWLEDGE NETWORK
Fulcrum Knowledge Network is a unique, integrated product that
intelligently connects and organizes diverse information sources across the
enterprise. With a single query, users can find information in Web servers,
file systems, Microsoft Exchange folders and mailboxes, Lotus Notes
repositories, Fulcrum SearchServer(TM) applications, and more. Because it is
certified to carry the ``Designed for Microsoft BackOffice'' logo, Fulcrum's
product provides all the familiar benefits of a true, multi-threaded Windows
NT server application, including remote administration, performance
monitoring, event logging, and Systems Management Server automated client
software installation.
For 14 years, Fulcrum Technologies Inc. has been a world leader in
providing software solutions that turn enterprise information into knowledge.
Fulcrum's products allow customers to create multi-platform, standards-based
solutions - for customer care, best practices, publishing, and other
applications that require robust underlying search software. Its customers
include world-class organizations such as Charles Schwab, the European Union,
and Fujitsu. Headquartered in Ottawa, Canada, Fulcrum extends its global
reach with offices throughout the United States, Europe, and in Australia and
Japan, and through a network of partners worldwide. Fulcrum is publicly
traded on the Nasdaq National Market (``FULCF'') and on the Toronto Stock
Exchange (``FUL''). For more information on Fulcrum and Fulcrum products,
visit Fulcrum's Web site: http://www.fulcrum.com.
Fulcrum is a registered trademark of Fulcrum Technologies Inc. and
Fulcrum Knowledge Network and SearchServer are trademarks of Fulcrum. Other
trademarks used throughout this document are trademarks of their respective
owners.
SOURCE: Fulcrum Technologies Inc.
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CONTACT: Gillian Brouse, Fulcrum, (613) 238-1761, ext.251, e-mail: pr(at)fulcrum.com
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