NHancement Receives Cisco Powered Network Designation. NHancement and Cisco Intend to Expand the Strength of Their Relationship.
Note: A financial and industry analyst conference call with executives from NHancement and Cisco will be conducted later this week. Schedule information will be made available for all those that would like to participate in this live event.
PLEASANTON, Calif., June 26, 2000-NHancement Technologies Inc. (NASDAQ:NHAN) the provider of the first "On-Tap" Personalized Communications Hub (PCH) offering unified communications and unified information (UC/UI) technologies, today announced that it is deploying a new unified communications product called eHub, which is built on the Unified Open Network Exchange (uOne) software platform from Cisco Systems Inc., the worldwide leader in networking for the Internet.
By deploying Cisco's hardware and networking infrastructure to deliver its eHub "On-Tap", NHancement earns the prestigious Cisco Powered Network designation and further extends its ability to deliver world-class integrated communications products and unified communications solutions.
Additionally, NHancement has received the Cisco Powered Network-Unified Communications Solutions (CPN-UCS) designation, a new distinction created by Cisco and announced on May 23 to recognize unified communications providers whose products and solutions deliver high performance, reliability and secure integrated technology.
"We are pleased that NHancement Technologies has achieved the Cisco Powered Network designation which will help them become a premier service provider of advanced unified communications products and solutions," said Eugene Lee, vice president of marketing for the Internet Communications Software Group at Cisco Systems. "NHancement customers can be confident that they will receive an innovative New World unified communications service from NHancement that is built on an end-to-end Cisco networking infrastructure and on Cisco's uOne unified communications software platform."
Doug Zorn, NHancement CEO and president states, "The CPN-UCS designation further validates NHancement's ability to rapidly deploy the next generation of Personalized Communications products to a broad range of end-users who demand high-performance information and communication connectivity. NHancement will offer UC/UI applications to services providers and enterprises on a recurring revenue basis. We are very excited about the growing Cisco/NHancement relationship and the world-wide growth opportunities in this rapidly expanding market space."
Continuing Cisco Relationship
NHancement and Cisco intend to expand the strength of their relationship in the areas of joint marketing, joint selling and technology sharing. NHancement is developing a suite of unified communication and unified information applications that will incorporate Cisco's uOne platform to run on a Cisco Powered Network.
NHancement's Personalized Communications Hub, PCH-On-Tap
NHancement's PCH-On-Tap combines three key elements:- End users can access personalized Web portals, audio Web portals, speech recognition technology, collaboration connectivity and Web-phone features.
- For enterprise users, there is intelligent connectivity, which ensures that legacy data repositories, communications channels, customer contact systems and other business functions remain intact. Additional application layers include telephony engines, data retrieval and delivery engines, data analysis engines and sales/services recommendation engines.
- A global Virtual Private Network will deliver these applications to those customers who require high reliability, toll quality voice delivery and security.
To learn more about NHancement's unified communications and unified information products, visit www.nhan.com.
ABOUT NHancement TECHNOLOGIES INC.
NHancement Technologies Inc. is a software applications and services company that specializes in unified communications and information solutions. This includes facilitation of an enterprise's electronic business transactions (e-Commerce) and customer service interactions. The Company offers a range of computer telephony products and services that work in both Internet-enabled environments and over standard telephone lines. NHancement's products orchestrate client use of telephone, e-mail, faxing, paging and Web-based communications to keep in touch with customers and with one another. As millennial enterprises must cope with a variety of communications channels and a mobile workforce, NHancement has developed an end-to-end solutions suite to enable companies to do business on the road as effectively as in the office. By simplifying business communications and improving access to distributed corporate information (data) resources, NHancement products help clients build solid customer relationships and maximize revenue opportunities.
NHancement Technologies' voice processing expertise, software development expertise, and information technologies allow them to "connect the dots--"for their clients by providing end-to-end unified communications and information solutions. NHancement's combination of voice, data, and Web-enabled software provides the connectors that allow NHancement to seamlessly link together every key internal and external audience in their enterprise: customers, employees, partners and investors.
NHancement Technologies recently was launched a major new initiative, working with Cisco Systems and other leading companies, to deploy the infrastructure necessary to deliver web based unified communications and unified information software applications to end-users in a recurring revenue format. The Company anticipates that, once the infrastructure is in place, the majority of its future revenues will be derived from recurring service fees, as many companies and customers prefer to outsource the software and hardware infrastructure requirements and pay on a per use basis.
Note: Except for historical information contained herein, the matters set forth in this announcement are forward-looking statements. Forward-looking statements in this announcement are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current management expectations that involve risks and uncertainties that may result in such expectations not being realized. Potential risks and uncertainties include, but are not limited to, such factors as: market acceptance of the Company's software products, market demand, product performance, technological developments, maintenance of relationships with key suppliers, difficulties in hiring or retaining key personnel, the availability or timing of acquisition or restructuring opportunities, risks in integrating any acquired companies, approval of various governmental authorities, competition and other factors described in the Company's SEC filings.
