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Share Name | Share Symbol | Market | Type |
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Net Insurance AOR | BIT:NET | Italy | Ordinary Share |
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0.00 | 0.00% | 0.00 | - |
RNS Number:2449S Netcall PLC 19 November 2003 NETCALL PLC AGM STATEMENT Ron Elder, Chairman of Netcall, the supplier of call centre technology products, today made the following statement at the Company's AGM in Cambridge, at which all resolutions were passed. "In recent months we have announced three new initiatives to broaden Netcall's marketing approach and smooth revenue streams. These include developing international partnerships, establishing distribution agreements and providing a managed service designed for call centres with less than 100 seats (QueueBuster Service - QBS). We are pleased to report that progress has been made on all fronts. "Our international expansion strategy, has led to two further product trials with major utility businesses in the US and Australia. The trial in Australia is through our joint venture with Committed Capital and is scheduled to start later this month. These trials are in addition to those in Spain and Japan announced in our preliminary results statement. "We have signed an agreement with our first distributor in continental Europe to handle the Italian market and we are discussing further strategic distribution agreements. In the UK, we are currently in negotiation with a major distributor, which we hope to conclude shortly. "We recently launched QBS and have secured our first customers for this managed service. This is an opportunity for Netcall to address call centres with less than 100 seats that represent up to three quarters of the market in the UK. The QBS system charges on a per call basis, with no substantial initial capital outlay by customers. This has two major benefits; it provides an additional, recurring and smoother revenue stream and it significantly reduces the sales cycle. "Although precise timing on major new contract wins is always difficult to predict, we are confident that our full year performance will show that the business continues to develop strongly, with the prospect of greater visibility on recurring income." 19 November 2003 ENQUIRIES: Netcall plc (www.netcall.com) Tel: 01480 495 300 Ron Elder, Chairman David Rothschild, Chief Operating Officer College Hill Tel: 020 7457 2020 Corinna Dorward / Adrian Duffield, NOTES TO EDITORS: Netcall plc Netcall is an AIM listed company whose main product, QueueBuster, eliminates the need to be kept waiting on hold by call centres, giving callers the option of hanging up, keeping their place in the queue and taking a free call back when a live agent is available to speak to them. Netcall announced a key contract with BT Group plc for over #1.5 million in May 2003. Major organisations such as Legal & General Insurance, Vertex Customer Management, Thames Water Utilities, Royal & Sun Alliance and The Co-operative Bank have successfully implemented QueueBuster as a hardware solution in their contact centres. All Netcall's multi-site customers, who have bought QueueBuster for one call centre, have placed additional orders for their other sites within six months of initial purchase. The QueueBuster product allows the call centre to manage volumes and costs whilst delivering a greater level of customer satisfaction. Personalised call back results in less caller complaints and shifts caller control to the call centre, so that calls can be better managed. It also eradicates the wasted call time when customers cannot be immediately connected to the right member of staff. NetCall has estimated that each day 734,850 calls are made to call centres from work awaiting an answer for two minutes or longer and that hanging on the telephone was estimated to cost industry around #62 million a year. Some of the longest waiting times to call centres last up to 20 minutes. Customers who endure the stress of holding often vent their frustration at agents, wasting call time and increasing anxiety levels in call centre staff. QueueBuster customers all comment that the product really helps to take away the frustration and delivers the exceptional customer service they strive for. This information is provided by RNS The company news service from the London Stock Exchange END AGMILFSLLSLALIV
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