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CONTACT INFORMATION
SCT
www.sctcorp.com
FOR IMMEDIATE RELEASE
SCT Cited with Market Engineering Award
by Frost & Sullivan
Energy industry market consulting
firm awards SCT based on strength of market strategies
MALVERN, PA., October 19, 1999 - SCT (Nasdaq:SCTC),
a leading provider of advanced software solutions for utilities,
energy service providers, and communications companies announced
today that it was awarded a Frost & Sullivan Market Engineering
Product Line Strategy Award.
SCT was selected from in-depth analysis of more than 30 competitors.
The Frost & Sullivan research management team utilized specific
criteria to recognize companies who have made a positive contribution
to the Customer Information System market. Criteria include market
leadership, overall company background and strength, depth and breadth
of released software packages, professionalism and Internet presence.
"SCT exhibits a strong commitment to Offering industry-specific
software and solutions," said Patrick Hodges, Frost & Sullivan
Senior Industry Analyst. "They demonstrate expertise in identifying
the needs of individual industries and addressing those needs through
their software/solutions line-up. They know who their market is
and they understand how to serve it."
The Market Engineering Awards were based on Frost & Sullivan
Energy Research Group research in 1999. According to their recently
published US Utility CIS Markets Report, this award is given to
the company that has demonstrated the best product line strategy
in the marketplace. The report cites that "the SCT Banner line
of customer solutions is the most impressive line-up of solutions
in the industry. By creating an impressive and concrete set of solutions,
SCT builds strong product recognition, and differentiates itself
from some of the generalists that have not developed robust, industry-specific
packaged solutions."
About SCT
SCT is a recognized leader in providing advanced technology solutions
designed to meet the global needs of utilities, energy service companies
and communications companies. Its leading-edge software and services
enable comprehensive customer aggregation and fulfillment strategies
for clients moving aggressively into the age of deregulation.
SCT enables rapid business impact for clients. The company pioneers
relationship leverage solutions, which help clients realign processes
and information systems, define value propositions, and generate
profit. SCT solutions help clients grow their businesses by leveraging
key relationships with the entire supply chain, most typically customers,
but also with channels, constituents, suppliers and key partners.
SCT is a leading global provider of industry-focused solutions for
utilities, manufacturing & distribution, higher education, local
& state governments, and courts. SCT has over 3,700 employees
and serves approximately 2,500 clients worldwide. The company is
headquartered in Malvern, Pa. For more information, visit the SCT
Web site at www.sctcorp.com.
Frost & Sullivan is an international market consulting company
that monitors the energy industry for market trends, measurements
and strategy.
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