Artificial Intelligence Dialogue Creator -- Subjex Corporation -- Gains Market Share, Eyes Profitability
Thursday June 10, 12:19 pm ET
MINNETONKA, MN--(MARKET WIRE)--Jun 10, 2004 -- Subjex Corporation (OTC BB:SBJX.OB - News) announced today that its Dialogue Customer Service Platform -- SubjexCSR (Customer Service Representative), after 18 months of test marketing, is now gaining significant market share.
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While the Customer Relationship Management (CRM) industry had been focused mainly on larger companies, Subjex is marketing its robust and inexpensive platform to reach small to mid-sized businesses. Subjex is currently achieving signup rates of nearly 40 new businesses per day. The Company is also providing its software to select Web Hosting partners in exchange for promoting and endorsing SubjexCSR to their own client base.
"Small business managers love the fact that this software can actually converse with people, convincing them to buy products, thereby increasing sales, while managers of larger businesses see the value in its ability to dramatically shrink their customer service costs," commented Andrew Hyder, Subjex Corporation, CEO. "Not only do our prospects love how affordable the technology is, most are astounded at how easy it is to use."
Hyder went on to say, "At our current growth rate, I expect the Company to be cash-flow positive from operations by November of this year. And, with all of our revenue based upon recurring monthly subscriptions with automated billing, revenue growth is compounding every month."
Based in Minneapolis, Minnesota, USA, Subjex Corporation has set the standard in artificial intelligence dialogue customer service platforms. The company's flagship product, SubjexCSR, facilitates meaningful text-based humanlike conversations with thousands of web site visitors simultaneously, thereby reducing customer service costs and increasing sales -- with little or no human intervention. For more information and to try the technology visit the web site at www.subjex.com.
This news release contains "forward-looking statements" within the meaning of Section 27a of the Securities Acts of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.
looks like if we got a good update on this project it would skyrocket!!
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