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STELLENT NAMED IN "VISIONARY" QUADRANT IN
FINANCIAL COMPLIANCE PROCESS MANAGEMENT SOFTWARE MAGIC QUADRANT
REPORT FROM TOP INDUSTRY ANALYST FIRM
FOR MORE
INFORMATION:
Kari Seas, Stellent, Inc. (952) 903-2131
kari.seas@stellent.com
Amanda Kohls or Jon Zurbey Haberman & Associates, Inc. (612)
338-3900
amanda@habermaninc.com ,
jon@habermaninc.com
EDEN
PRAIRIE, MN, Oct. 26, 2005
Stellent, Inc. (Nasdaq: STEL), a global
provider of content management solutions, announced today it was
positioned in the visionaries quadrant in Gartner, Inc.'s "Magic
Quadrant for Financial Compliance Process Management (FCPM)
Software, 2005"1 report. Gartner (NYSE: IT) is the leading
provider of research and analysis on the global information
technology industry.
To be included in the FCPM report, vendors
must support a minimum level of functionality for reporting,
workflow for reviews and approvals, and support for
documentation pertaining to internal controls. According to the
report, those vendors named "visionaries" have a solid
understanding of the market as demonstrated by domain expertise
and responsiveness to their customers' expectations. They are
actively executing against an aggressive product roadmap that
expands support to additional regulatory and nonregulatory
compliance needs.
"Gartner estimates that by 2008 new
FCPM license spending will be $394 million," said Dan Ryan,
executive vice president of marketing and business development
for Stellent. "We feel Stellent is strongly positioned to
capitalize on this growing market with our successful
Sarbanes-Oxley-specific and other compliance offerings. We will
continue to build upon our solid product suite to provide
customers with the compliance functionality they require."
Recently, Stellent expanded its retention
management capabilities to allow compliance and legal users to
apply disposition and retention rules to any content item, not
just records. In addition, customers are able to apply
litigation or audit holds to content items that are non-records,
preventing the accidental or intentional deletion of information
organizations are required to retain for litigation or audits.
This unified approach helps ensure old content is retained
according to the customers' retention policies, reducing their
liability. And, discovered content can be easily packaged and
distributed by many mechanisms, including placement of
information into a Stellent collaboration folder or extranet
site, or printing or transferring it to other media.
To access the complete Magic Quadrant for
Financial Compliance Process Management Software, visit
www.stellent.com/gartnerfcpmmq
Stellent Compliance Solutions:
Stellent provides content management-based solutions to help
companies streamline processes related to complying with a
variety of regulations, such as the Patriot Act, Health
Insurance Portability and Accountability Act (HIPAA), ISO, and
the Sarbanes-Oxley Act. Stellent's compliance solutions help
companies efficiently manage and approve documentation related
to financial and non-financial disclosures, as well as
documentation associated with an organization's enterprise risk
management process. The solutions are based on the award-winning
Stellent Universal Content Management system, which offers a
full array of enterprise content management functionality,
including document management and imaging, Web content
management, digital asset management, collaboration, and records
management.
For more information about Stellent's
compliance solutions, call 1-800-989-8774 or visit
www.stellent.com
About Stellent, Inc.
Stellent, Inc. (www.stellent.com) is a
global provider of content management software solutions that
drive rapid success for customers by enabling fast
implementations and generating quick, broad user adoption. With
Stellent Universal Content Management, customers can easily
deploy multiple line-of-business applications - such as public
Web sites, secure intranets and extranets, compliance processes,
and marketing brand management - and also scale the technology
to support multi-site management and enterprise-wide content
management needs.
More than 4,400 customers worldwide -
including Procter & Gamble, Merrill Lynch, Los Angeles County,
The Home Depot, British Red Cross, ING, Vodafone, Georgia
Pacific, Bayer Corp., Coca-Cola FEMSA, Emerson Process
Management and Genzyme Corp. - have selected Stellent solutions
to power their content-centric business applications. Stellent
is headquartered in Eden Prairie, Minn. and maintains offices
throughout the United States, Europe, Asia-Pacific and Latin
America.
Any forward-looking statements in this
release are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Investors are
cautioned that all forward-looking statements involve risk and
uncertainties including, without limitation, risks of
intellectual property litigation, risks in technology
development and commercialization, risks in product development
and market acceptance of and demand for the Company's products,
risks of downturns in economic conditions generally and in the
enterprise content management and unstructured information
management markets specifically, risks associated with
competition and competitive pricing pressures, risks associated
with foreign sales and higher customer concentration and other
risks detailed in the Company's filings with the Securities and
Exchange Commission.
Stellent and the Stellent logo are
registered trademarks or trademarks of Stellent, Inc. in the USA
and other countries. Outside In and Quick View Plus are
registered trademarks of Stellent Chicago, Inc. in the USA and
other countries. All other trade names are the property of their
respective owner. 1
"Magic Quadrant for Financial
Compliance Process Management Software, 2005," F. Caldwell, et
al, Oct. 24, 2005. The Magic Quadrant is copyrighted 2005 by
Gartner, Inc. and is reused with permission. The Magic Quadrant
is a graphical representation of a marketplace at and for a
specific time period. It depicts Gartner's analysis of how
certain vendors measure against criteria for that marketplace,
as defined by Gartner. Gartner does not endorse any vendor,
product or service depicted in the Magic Quadrant, and does not
advise technology users to select only those vendors placed in
the "Leaders" quadrant. The Magic Quadrant is intended solely as
a research tool, and is not meant to be a specific guide to
action. Gartner disclaims all warranties, express or implied,
with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
For more information, please visit:
www.afitco.com
Entesar Al-Awadhi PR/Communication
Manager
eawadhi@AFiTCo.com
PR@AFiTCo.com
AFiT®
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