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[QUOTE]Originally posted by compound cash: [QB] KIRYAT BIALIK, Israel and LAS VEGAS, Jan 5, 2005 (PRIMEZONE via COMTEX) -- Integrated Software Development Ltd. (ISD) (Pink Sheets:ITDJ), a provider of enterprise software aimed at small-and medium-sized enterprises, today announced that the Company will work closely with HP Israel on integrating BENEFIT Version 5 into major corporations that operate Clarify CRM software. In the framework of CRM consulting to large corporations, HP Israel and other branches of HP around the world have relied on Amdocs' Clarify CRM. However, while Clarify CRM provides economically viable solutions for major CRM needs within corporations, this often is not the case for various departments within corporations where the volume of registered activities may be too low. For example, in cases where certain departments within large corporations have only hundreds of service calls per day, rather than in the thousands, use of Clarify CRM to register and process these calls, within the overall corporate system run by Clarify CRM, would not be economically sound. BENEFIT works seamlessly in feeding CRM information, such as management of products or service calls, to Clarify CRM systems. ISD and HP have already begun implementing BENEFIT as a solution for a major service provider in Israel. The companies see substantial opportunities for further cooperation in this area both in Israel and around the world. "The need for a smaller system that can speak to, or integrate with, Clarify CRM on a corporate level is quite significant," says Moti Maram, ISD's CEO. "ISD's BENEFIT offers the ideal integrated solution and HP Israel is the perfect strategic partner to begin implementation." BENEFIT is an off-the-shelf solution that is geared towards small- to mid-sized customers in service-intensive industries. It offers the power and many of the features found in custom-made CRM and ERP enterprise systems at a fraction of the cost. About HP HP is a leading global provider of products, technologies, solutions and services to consumers and business. The company's offerings span IT infrastructure, personal computing and access devices, global services, and imaging and printing. Following the May 2002 merger of Hewlett-Packard and Compaq Computer Corporation, HP has 140,000 employees with capabilities in 160 countries and does business in 43 currencies and 15 languages. Fourth quarter revenues for the combined companies were $21.4 billion for the fiscal quarter ending October 31, 2004. About ISD ISD Ltd. is an Israeli software company providing enterprise software that enables small-and medium-sized enterprises to optimize functions such as workforce management, contact center operations and asset management. The easy-to-employ solution, BENEFIT, includes many Customer Resource Management (CRM) functions with the focus on customer need for greater internal efficiency, cost control and maintaining customer service quality. BENEFIT is already used by over 3,000 users in more than 200 organizations across a wide range of functions and industries. For more information, please contact Joel Gering, at 011-972-52-398-3374 or invest@isdsoft.com or visit us on the Web at [URL=http://www.isdsoft.com.]http://www.isdsoft.com.[/URL] Forward-Looking Statements Certain statements in this news release may contain 'forward-looking' information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments. SOURCE: Integrated Software Development [/QB][/QUOTE]
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