Cupertino, CA, July 12, 2000 - Chordiant Software, Inc. (Nasdaq: CHRD) has been added to the Russell 3000®, a leading financial index which tracks the largest US stocks by market capitalisation.
The Frank Russell Company unveiled its annual changes to the Russell 3000® Index on June 12, 2000 when it issued preliminary lists of companies to be added to and deleted from the leading U.S. equity index. As part of its annual reconstitution process, Russell completed its adjustment of the Russell 3000® on July 10, 2000 when it posted its official membership list.
Chordiant was one of the California-based 'New Economy' companies that make up 36 percent of this year’s 'additions' to the list. Companies were selected for inclusion on the basis of market capitalisation rankings and style attributes.
Chordiant CEO Sam Spadafora said, "We are delighted to be added to one of the nation’s most widely followed financial indexes. We also appreciate the increased visibility with the investment community."
Compiled by Russell/Mellon Analytical Services, the Russell 3000® is made up of the largest publicly traded companies in the US. The rebalanced index remains in place for one year and is effective from July 1, 2000.
About Chordiant Software Inc. - One Click, One Call, One Customer
Chordiant delivers integrated, multi-channel eBusiness software, which enables consumer companies to implement best business practices over the Web, via email and mobile devices, through call centers, or in branches. It includes built-in support for voice, data and Internet integration, as well as a comprehensive workflow engine. Chordiant empowers high-value contacts designed to consistently retain customers, grow revenue and drive profits during
The Chordiant system has been selected by several of the world’s leading consumer companies, including Thomas Cook Global Services, Barclays Mercantile, Direct Line Group, General Motors, First USA Bank and Bank One International. Headquartered in Cupertino, California, Chordiant maintains regional offices in Chicago, Dallas, New York, London, Amsterdam and Munich. The company’s Web site can be found at http://www.chordiant.com
This press release includes forward-looking statements that are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those referred to in the forward-looking statements. Such factors include, but are not limited to, risks related to customer and market acceptance of our product, deployment delays or errors associated with these products, hardware platform incompatibilities, reliance on a limited number of customers for a majority of revenue, need to maintain and enhance certain business relationships with application integrators and other parties, ability to manage growth, activities by Chordiant Software, Inc. and others regarding protection of proprietary information, release of competitive products and other actions by competitors, and economic downturns in either domestic or international markets. These forward-looking statements are generally identified by words such as 'expect,' 'anticipate,' 'intend,' 'believe,' 'hope,' 'assume,' 'estimate,' 'plan,' and other similar words and expressions. These statements are not guarantees of future performance and actual results could differ materially from our current expectations.
Chordiant and the Chordiant logo are registered trademarks of Chordiant Software, Inc. Chordiant, CCS-Customer Communications Solution, and One Click, One Call, One Customer are trademarks of Chordiant Software, Inc. All other trademarks and servicemarks mentioned are property of their respective holders. © 2000 Chordiant Software, Inc. All Rights Reserved.
UK Press Contacts:
Marketing Director, EMEA
020 7382 5000
020 7916 0802
This press release was distributed by ResponseSource Press Release Wire on behalf of Kikit Public Relations in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.