Jennifer Childress
770-776-2239
jchildress@jacada.com
Press Release
Jacada Strengthens Distributor Network with Selesta S.p.A. in Italy
Leading Italian distributor Selesta selects Jacada's solution to meet growing demand for legacy integration solutions in Italy
Atlanta, London, and Genoa, Italy, October 15, 2003 – Jacada Ltd, (NASDAQ: JCDA), the leading provider of legacy integration and Web-to-host solutions, has extended and strengthened its global distributor network with the appointment of Selesta S.p.A. in Italy.
Selesta is a leading distributor in the Italian IT marketplace as an enterprise software solutions provider, with over 200 major clients including organisations such as Fiat, Banca Popolare di Milano, Telecom Italia, BNL, IMI Group, Assicurazioni Generali, Banca Intesa, INPS and UniCredit.
"We see a huge opportunity in Italy with Jacada's integration platforms," says Mauro Furiosi, Executive Manager of the Selesta Business Applications Support Systems Business Unit. "Traditional legacy environments are widespread in Italy and the growth in call centres, CRM and the financial services market means there's enormous demand to use existing mainframe data in customer facing activities."
Jacada's leading position in the legacy integration and Web-to-host markets, together with Jacada's partnerships with leading software vendors such as Oracle, Computer Associates, Siebel, SeeBeyond, Peoplesoft, BEA and Microsoft were the key factors for Selesta's selection of Jacada as a partner. In addition, Selesta's sister companies in Spain and Portugal have been working with Jacada for the past several years, and have seen tremendous success and revenue growth due to the sales of Jacada's integration products into their local markets.
"If integration capability is becoming the currency that's driving the IT solutions market, then access to legacy systems is proving to be the new gold standard," says Mike Warner, Managing Director of Jacada Europe. "With revenues of over €80m, Selesta has built a strong reputation within the Italian IT market and amongst its customer base over the past 20 years. We see them as the perfect partner to gain leverage from our best-of-breed credentials in legacy integration."
About Selesta
Established in 1981 from the ideas of Adriano Prefumo and Barry Phillips – today respectively President and Vice-President of the company – Selesta S.p.A. is one of the Italian realities (of international inspiration), playing a major role in the world of Information Technology, particularly in the IT infrastructure sector for large companies. At present in Italy the company is subdivided into Business Units: Networks & Systems Management, Business Applications Support Systems, Applications Integration, Corporate Business and Key Accounts, and made up of joint-stock companies such as: Selesta Ingegneria, Selesta Security Systems, Selesta Ars and Selesta Industria. A similar structure is also used to operate in foreign markets, through companies owned 100% by Selesta S.p.A.
The innovative connotation of the solutions offered and the ability to listen to both clients and the market, united with in-depth specialisation are the determining factors for the success of Selesta S.p.A., attained over twenty years of activity on the national and international markets. The main activities of Selesta can be summarized as: supply of infrastructural solutions; exclusive distribution of specialized software products and software development; all reinforced by the professional activity of the numerous experts in the company who turn the products and services offered into exclusive and customised solutions with the Selesta brand.
Selesta S.p.A. operates in Italy at its head office and historical seat in Genoa and its offices in Milan, Rome, Turin, Vicenza and Bologna. At an International level the head offices are Madrid, Lisbon, Paris and Mexico City.
This news release may contain forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties, and actual results may differ substantially from these statements. For a more complete disclosure of these risk factors, please refer to the Company's Form 20F filed with the Securities and Exchange Commission. Jacada is a trademark of Jacada Inc. All other brands or product names are trademarks of their respective owners.
