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Press Release

Release Date:
February 28, 2003

 

Cyveillance Adds 45 New Customers During 2002

Surge in Client Acquisitions During Slow Economy Tied to
Strong ROI Benefit

Arlington, Va., February 28, 2003—Cyveillance®, a private company and leading provider of 100% Relevant eBusiness Intelligence™ drawn from the Internet, today announced that in addition to its excellent rate of renewing existing clients, the company had signed 45 new customers during 2002. This was a new record since the company's inception in 1997.

Cyveillance President and CEO Panos Anastassiadis stated that "clearly, the impact of a slow economy in the past year has been translated into a growing need for recapturing revenue, improving operational efficiencies and mitigating mission-critical risk. Cyveillance is opportunistically positioned with high-ROI solutions that are attracting the attention of Fortune companies as they seek to improve margins."

The new customer additions represented a variety of industries, to include multiple domestic and internationally-based clients in Hospitality, Financial Services, Pharmaceuticals and Technology. The company's customer list includes 20 of the Fortune 50 and prominent top 10 firms in numerous verticals. In respect for customers who request a confidential relationship, this list omits public disclosure of specific clients.

Cyveillance, the leading provider of 100% Relevant eBusiness Intelligence™, provides Global 2000 organizations with high-impact, actionable intelligence drawn from—and delivered securely over—the Internet. Cyveillance configures its proprietary technology with client-specific parameters to locate and categorize unstructured content, transforming the Internet into a critical resource for strategic analysis. For more information, please call 888.243.0097 or visit www.cyveillance.com.