Business Services Industry

KnowNow Gaining Enterprise 2.0 Momentum; KnowNow Adds Name Brand Customers as Enterprise 2.0 Solutions Gain Momentum Within Large Enterprises

Business Wire, July 18, 2006

SUNNYVALE, Calif. -- KnowNow, Inc., a leading provider of Enterprise 2.0 solutions, today announced that it has added several large, name brand enterprises to its customer roster. Large enterprises are adopting Enterprise 2.0 technologies to increase business collaboration and gain competitive advantage by immediately connecting critical information with the appropriate people.

"Critical information is not being communicated effectively to people that need it most, a trend that will continue as the number of information sources continue to grow," said Mike Gotta of the Burton Group. "On one hand, organizations generate a massive amount of information contained in enterprise databases, content management systems, web sites, and collaboration platforms that compete for their employees' attention. On the other, workers struggle to manage the growing number of communication channels that are too often flooded with content they neither want or need, obscuring information relevant to their business activities. As this problem grows, organizations will regard an enterprise syndication solution as a key component for improving business productivity."

A sample of KnowNow's recently signed customers include:

--A Top-5 US-based Bank. This customer has implemented KnowNow Market Intelligence and the KnowNow Enterprise Syndication Solution (ESS). These solutions instantly connect employees with material brand and competitive information, and also deliver instant notifications on customer data integrity and key business indicators.

--A Multi-billion Dollar IT Outsourcer and System Integrator. This customer will implement KnowNow's Corporate Communications solution for 30,000 employees that will distribute filtered, relevant information that avoids the pitfalls of email. It enables this organization to define some mandatory channels and content, while employees are also given control over additional content they receive.

--A Large US-Based Bank. This customer will implement KnowNow's Corporate Communications solution for 13,000 distributed branch employees that are restricted from Internet and email access for security and productivity reasons. KnowNow will distribute branch campaign information, HR policy updates, and messages from key executives among other content.

--One of the Top Semi-Conductor Companies in the World. This customer will implement KnowNow's Alternative Marketing Channel and ESS solutions to enable RSS syndication on their website. Additionally, it will create a direct line of communication with partners, customers, and employees via a branded KnowNow eLerts service.

About KnowNow, Inc.

KnowNow, a leading provider of Enterprise 2.0 solutions, provides a publish and subscribe platform that allows users to specify the information they want delivered, when and where they want it, as it is published. KnowNow is the best way for people to manage the massive amount of information available to them, by giving them control of the information provided from multiple sources.

Headquartered in Sunnyvale, CA, KnowNow is privately held, with backing from premier venture capital firms including Kleiner Perkins Caufield and Byers, Levensohn Venture Partners, Palomar Ventures, TPG Ventures, Morgan Stanley, and Wachovia Strategic Ventures. KnowNow is a Microsoft Gold Certified Partner. For more information, visit http://www.knownow.com or contact KnowNow at 1-877-561-KNOW.

KnowNow and the KnowNow logo are registered trademarks of KnowNow, Inc. Enterprise Syndication Solution, ESS, and KnowNow eLerts are trademarks of KnowNow, Inc. All other company and product names mentioned are the trademarks or registered trademarks of their respective owners.

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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