Burlingame, CA – April 29, 2003 – Coremetrics, the
leading web services provider of marketing analytics solutions,
today announced that it has signed an agreement with Bank of
America to help the bank improve online customer experience
and optimize Web site design through Coremetrics Marketforce.
Coremetrics Marketforce for Financial Services is the industry's
only online marketing analytics platform that captures and stores
all customer and visitor clickstream activity to build LIVE
(Lifetime Individual Visitor Experience) Profiles that serve
as the foundation for all successful financially-oriented marketing
initiatives.
"Bank of America joins many more Fortune 500 companies
that have selected Coremetrics for all of their online reporting
needs," said Scott Kauffman, chairman of Coremetrics. "By
developing a reporting and analysis solution specifically tailored
for financial services organizations, we are continuing to lead
the market in both product development and execution. We are
excited to partner with Bank of America and help them improve
customer satisfaction across their many online properties."
Specifically created to serve the unique data-intensive needs
of financial services companies, Coremetrics Marketforce for
Financial Services represents a comprehensive outsourced solution
for storing and analyzing online visitor behavior across multiple
lines of business, financial products, and data initiatives.
The foundation of Marketforce is the Core Data Platform,
a hosted dynamic data warehouse containing the most complete
and accurate online customer and visitor information available
in the market. Through a patent-pending browser-based data collection
technology, the Core Data Platform anonymously gathers and stores
behavioral information directly from the visitor's browser and
records interactions in real-time to build LIVE Profiles that
are the source of all Coremetrics Marketforce reporting and
analysis. Coremetrics Marketforce is a managed solution that
requires no new hardware or software and is deployed within
days.
Terms of the agreement were not disclosed.
About Coremetrics
Coremetrics is the leading web services provider of marketing
analytics solutions, empowering companies to develop and act
upon a comprehensive understanding of all visitor and customer
interactions within their online channels. Coremetrics Marketforce
is the industry's only online marketing analytics platform that
captures and stores all customer and visitor clickstream activity
to build LIVE (Lifetime Individual Visitor Experience) Profiles
that serve as the foundation for all successful marketing initiatives.
Coremetrics Marketforce enables online marketers, IT officers,
and e-commerce executives to attract and convert high value
visitors, optimize shopping path design, and increase customer
lifetime value. Customers include Ann Taylor, The Columbia House
Company, CompUSA, Eddie Bauer, Motorola, Nortel Networks, Victoria's
Secret, and Williams-Sonoma, Inc. Coremetrics is headquartered
in Burlingame, California with research and development offices
in Austin, Texas. The company is privately held with funding
from Accel Partners and Highland Capital Partners. To learn
more about Coremetrics, visit the company's Web site at www.coremetrics.com
or call 877-721-CORE.
Coremetrics has strongly supported online privacy since its
inception. To learn more, visit www.coremetrics.com/privacy.
Coremetrics and Core Data Platform are trademarks of Coremetrics, Inc. Any other marks used in this document are trademarks or registered trademarks of the manufacturers or marketers of the products with which the marks are associated.
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