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Today iEnterprises and SugarCRM Inc have
signed a definitive agreement for the sale of the iExtensions CRM solution
to SugarCRM Inc. This sale comes after a long and successful working
relationship between the two technology partners.
iEnterprises continues as a company focused on mobile technologies with
the Mobile Edge product line.
The purchase of iExtensions by SugarCRM
Inc. will provide them with a first class integrated offline capability
for their solution. They chose iExtensions because its award-winning
technology was the best fit for their requirements. iExtensions CRM will
continue to exist as a stand alone Lotus Notes-based solution, however
all future iExtensions product development will be managed by the SugarCRM
development team. This is great news for all iExtensions customers,
the development team on the product will grow considerably, some of the
best CRM experts in the industry will focus on iExtensions and all the
advantages of being part of a large established organisation can be brought
to bear.
iEnterprises will remain as sole distributor for iExtensions throughout
the UK and the United States and the areas of the world where there is
not an existing reseller, so providing business as usual for all of our
existing customers in those territories. We will also continue to provide
full support in those regions. For customers who have purchased iExtensions
CRM through one of our existing resellers there will be no change, existing
resellers will retain the right to sell iExtensions and all support and
maintenance offered through them will continue as usual.
Sugar CRM Inc has also signed an OEM agreement with iEnterprises to sell
Mobile Edge for Sugar CRM and our Lotus Notes Connector for SugarCRM. This
agreement provides them with the opportunity to sell these products to
any new and existing customers using Sugar CRM, however the development
and future direction of both Mobile Edge and our Connector will remain
with iEnterprises.
In addition, iEnterprises new business partnership with SugarCRM will allow
us to also offer the complete SugarCRM product line, including Mobile Edge
for Sugar, to our current and future customers. So both companies
will benefit from expanded product lines, stronger engineering and product
management teams, and broader global reach for our customers.
I also want tell you about two other important changes that are taking
place. Firstly John Carini our current CEO will join the Senior Management
Team of Sugar CRM where he will be in charge of the development and direction
of the iExtensions product line, thus ensuring a seamless transition and
continuity for its future direction. As a result I am delighted to
let you know that I will take over the role of CEO at iEnterprises with
immediate effect. I am very excited about this opportunity and am
fully committed to the future development of the complete iEnterprises
product suite.
Mark Creasey
CEO
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