Journee Software Corporation

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Chicago (July 13, 2004) - Initiate Systems, Inc., a leading provider of customer data integration (CDI) software and services for the on-demand enterprise, today announced it has purchased the assets of Journée Software, a leading provider of enterprise information integration (EII) solutions. Together, the companies have a combined installed base of 50+ customers and offer the most complete, accurate, flexible and valuable CDI solution available on the market today. The union also extends Initiate’s leadership role and positions the company for rapid growth in key vertical markets, including insurance."Organizations in all industries increasingly realize that creating and maintaining a complete, accurate customer system of record is essential to the success of their customer-centric business initiatives," said John Radcliffe, vice president and research director at Gartner. "Accomplishing this goal requires a multi-faceted solution that starts with finding all the data about a customer across disparate systems and continues through the on-demand use of clean, integrated data in operational applications and business processes.”Initiate’s customers will find the company’s new combined solution has more flexible ways to integrate customer data. After Initiate Identity Hub™ software finds and links all the records about a person, household, organization or other entity on-demand within and across disparate systems, Journée’s technology provides business users immediate access to that data so they can view, edit and manage the information.

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