Onyx Software Selects Piper Jaffray As Financial Advisor
07 April 2006 - 10:01PM
Business Wire
Onyx(R) Software Corporation (Nasdaq:ONXS), a worldwide leader in
customer management solutions for the enterprise, announced that it
has retained Piper Jaffray & Co. to serve as its financial
advisor. Piper Jaffray will assist Onyx's board of directors and
management in its ongoing evaluation of its strategic
opportunities, including acquisitions that Onyx may make, and its
consideration of CDC Corporation's unsolicited proposal. About Onyx
Software Onyx Software Corporation (Nasdaq:ONXS) is a worldwide
leader in customer management and process software for mid and
large size enterprises. Onyx provides flexible solutions that
enable organizations to automate, manage, and evolve their customer
processes quickly and cost-effectively for strategic advantage. By
providing an integrated suite of customer process automation
applications encompassing customer management, process management,
and analytics capabilities, Onyx enables enterprises to reduce
costs, increase productivity and grow revenue. Major companies are
aligning their customer-facing departments and managing their
customer processes with Onyx software -- companies such as Amway
Corporation, Mellon Financial Corporation, The Regence Group and
State Street Corporation. More information can be found at (888)
ASK-ONYX, info@onyx.com or http://www.onyx.com/. Forward-Looking
Statement This press release contains forward-looking statements,
including statements about the services to be provided to Onyx by
Piper Jaffray & Co. Forward-looking statements are based on the
opinions and estimates of management at the time the statements are
made and are subject to risks and uncertainties that could cause
actual results to differ materially from those anticipated in the
forward-looking statements. The words "predict," "believe,"
"expect," "intend," "anticipate," variations of such words, and
similar expressions identify forward-looking statements, but their
absence does not mean that the statement is not forward-looking.
These statements are not guarantees of future performance and are
subject to risks, uncertainties and assumptions that are difficult
to predict. Factors that could affect Onyx's actual results
include, but are not limited to the results of the evaluation
provided to Piper Jaffray & Co., any actions that Onyx may take
based on this evaluation and the "Important Factors That May Affect
Our Business, Our Results of Operations and Our Stock Price"
described in our annual report on form 10-K and our quarterly
reports on form 10-Q and other filings with the Securities and
Exchange Commission which are available on our investor relations
home page at www.onyx.com/investors. Readers are cautioned not to
place undue reliance upon these forward-looking statements that
speak only as to the date of this release. Onyx undertakes no
obligation to update publicly any forward-looking statements to
reflect new information, events or circumstances after the date of
this release or to reflect the occurrence of unanticipated events.
Onyx is a registered trademark of Onyx Software Corporation in the
United States and other countries. Other product or service names
mentioned herein are the trademarks of their respective owners.
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