Intervolve continues their momentum in 2005 with a record growth and new software releases

Released on = February 27, 2005, 8:27 am

Press Release Author = Intervolve, Inc

Industry = Software

Press Release Summary = Intervolve, Inc., a pioneering developer of on demand software for the consumer products industry, today announced strong sales growth as well as the general availability of DistributionSuite Version 1.41.

Press Release Body = Raleigh, North Carolina, February 28, 2005 - Intervolve, Inc., a pioneering developer of on demand software for the consumer products industry, today announced strong sales growth as well as the general availability of
DistributionSuite Version 1.41.

Intervolve once again posted strong sales in 2004 achieving a 42% increase in revenue as well as a 40% growth in their customer base. Over the past two years Intervolve has doubled their customer base, revenue, and staff. Looking ahead to 2005, Intervolve’s advance orders for their newest software release already exceed 2004’s revenue numbers.

“We have been able to make steady gains over the last 5 years despite the ups and downs in the market” said Chris Newton, CEO of Intervolve. “The increasing demand for our software and services will drive growth in all areas of the company and I
fully expect us to double in size over the next 2 years.”

In addition to surging corporate growth, Intervolve continues to expand their lead in the distribution technology market for consumer goods with the latest release of DistributionSuitetm. This new functionality broadens the business intelligence and account level planning capabilities for beverage wholesalers with enhancements to several modules including these capabilities:
· Sales and market data can now be filtered to automatically generate account level action plan surveys based on real time market information. For example, you can analyze data across a particular market segment and automatically send surveys to
your field rep’s mobile computing device (TabletPC, PDA, etc) to investigate the situation.
· A new color coded Alerts Dashboard on the home page helps you spot any important changes in your market quickly. For example, the dashboard can automatically alert you if a competitor has increased or decreased their prices by a set percentage.
· Other enhancements to various sales and market data reports help streamline compliance with new initiatives from the major brewers.

An Intervolve customer in the nation’s capital uses DistributionSuite for sales planning. “Now we can establish a generic sales objective on any product for all accounts and then take it even further by varying the price targets on an individual account level basis.” said Garry Williams, Vice President, Katcef Brothers. “That type of detail is not possible in competitive products and would have been a
nightmare to do before Intervolve. With DistributionSuite, setting account level objectives is automated and very user friendly.”

About Intervolve
Intervolve is a pioneering force in the development of on demand software for the consumer goods market. Intervolve’s innovative software is the first to combine both web and mobile applications to automate the collection, analysis, and dissemination of sales & distribution information for the Direct-to-Store-Delivery market across
all levels of an organization. Now businesses can anticipate market changes sooner, seize opportunities quicker, and prevent potential problems before they occur with a complete line of business intelligence and route accounting software solutions. Intervolve is headquartered in Raleigh, North Carolina with a Southern Regional Office in Atlanta, Georgia. For more information please visit www.intervolve.com.

Web Site = http://www.intervolve.com

Contact Details = Media Contact Information
Keith Boswell
(919) 789-9797 x501
marketing@intervolve.com