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Conversion Services International, Inc. Acquires Assets of Evoke Software Corporation
East Hanover, NJ (June 29, 2004) - Conversion Services International, Inc. (CSI - The Center For Data Warehousing) (OTCBB: CSII) ("CSI"), a leading provider of management consulting, business intelligence and data warehousing services and solutions for Global 1000 organizations and other businesses, announced today that it acquired substantially all of the assets of Evoke Software Corporation, the leading provider of data discovery, analysis and profiling technology, for a combination of stock, cash and other forms of consideration.
Evoke is a pioneer in data profiling, a critical process completed during every data migration, data warehouse or quality assessment project, and now offers the most comprehensive product in the market. The Evoke Axio™ Product Suite has been used successfully in several hundred data integration, data migration, date warehouse and data quality projects for companies including ABN AMRO, AT&T, Agilent, AXA Financial, IBM, Williams-Sonoma, The Gap and Toyota USA.
Evoke Axio has been a strategic component of CSI's data warehousing methodology, and CSI plans to support and fund the enhancement of the Axio platform as well as the introduction of other complementary products to extend the platform in the data quality arena. In addition, CSI will integrate Evoke's best-in-class product suite into its Quality Management Office (QMO) offering, which leverages "people, process and technology" to offer an unparalleled, comprehensive solution to companies seeking to improve the quality, integrity and utilization of corporate information assets. This has become a top priority for large enterprises, information technology executives and business users.
Scott Newman, CSI's President, Chief Executive Officer and Chairman, stated, "We are extremely pleased to complete this acquisition, our third strategic transaction in less than five months. Evoke's data discovery, analysis and profiling products have been integral to many of our data warehousing, business intelligence, data migration and conversion projects. With the Evoke suite of products under the CSI umbrella, we believe our sales force will leverage the capabilities of our expanded offering. Additionally, Evoke's office in Germany broadens our international presence, which now includes operations in the UK, France, Spain and Turkey. We continue to focus on providing the top people, processes and technologies to help clients optimize the use of business intelligence within their organizations."
About Conversion Services International, Inc.
A Note on Forward-Looking Statements
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