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Nation's Largest Workers Compensation Organization Selects Documentum Enterprise
Content Management Platform
PLEASANTON, Calif., Nov. 19 /PRNewswire-FirstCall/ -- Documentum , the leading
provider of enterprise content management (ECM), today announced that NCCI
Holdings, Inc., has selected Documentum 5, the latest version of the company's
ECM platform. Documentum 5 will be used to create, manage, deliver and archive
content related to legislation, regulations and the financial studies and trends
affecting the workers compensation system.
NCCI Holdings, Inc., based in Boca Raton, FL., manages the nation's largest
database of workers compensation insurance information. In addition, NCCI
analyzes industry trends, prepares workers compensation insurance rate
recommendations, assists in pricing proposed legislation and provides a variety
of data products to maintain a healthy workers compensation system and reduce
the frequency of employee injuries.
Documentum will upgrade NCCI's primary content management solution and
consolidate other systems. Using the Documentum platform, NCCI will manage a
variety of content, including rich media assets. The rich media asset management
capabilities of Documentum were a leading factor in NCCI's decision. The
Documentum ECM platform enables organizations to store, search, access and
repurpose rich media assets, with the same ease, control and flexibility it
provides for managing more traditional content.
"When we evaluated solutions to upgrade our systems, we primarily focused on
pure document management, but quickly saw the value in Documentum's ability to
manage a full range of content," said Jeff Fields, divisional chief information
officer for NCCI Holdings. "Documentum enables us to achieve new levels of
operational efficiency, and by managing digital assets, we can dramatically
enhance our workers compensation analysis."
"Organizations across all industries implement the Documentum ECM platform to
manage all content types, from XML, HTML and Word files to graphics and video,
reducing operating costs and accelerating time-to-market for new products and
services," said Dave DeWalt, president and chief executive officer for
Documentum.
About NCCI Holdings, Inc.
NCCI Holdings, Inc. is a shared-services organization serving the workers
compensation industry. It offers a comprehensive array of products and services
that enable insurers and other stakeholders to access and use workers
compensation data to establish accurate loss costs, calculate experience rating
modifications, manage residual market mechanisms and reduce overall costs. For
more information about NCCI, please visit the web site at: http://www.ncci.com/
.
About Documentum
Documentum provides enterprise content management (ECM) solutions that enable
organizations to unite teams, content and associated business processes.
Documentum's integrated set of content, compliance and collaboration solutions
support the way people work, from initial discussion and planning through
design, production, marketing, sales, service and corporate administration. With
a single platform, Documentum enables people to collaboratively create, manage,
deliver and archive the content that drives business operations, from documents
and discussions to email, Web pages, records and rich media. The Documentum
platform makes it possible for companies to distribute all of this content in
multiple languages, across internal and external systems, applications and user
communities. As a result, Documentum's customers, which include thousands of the
world's most successful organizations, harness corporate knowledge, accelerate
time to market, increase customer satisfaction, enhance supply chain
efficiencies and reduce operating costs, improving their overall competitive
advantage. For more information, visit Documentum on the Web at
http://www.documentum.com/.
NOTE: Documentum and the Documentum logo are trademarks or registered
trademarks of Documentum, Inc. in the US and throughout the world. All other
company and product names are used for identification purposes only and may be
trademarks of their respective owners. Documentum cannot guarantee completion of
any future products or product features mentioned in this document, and no
reliance should be placed on their availability. Printed in the U.S.A.
In addition to historical information contained herein, this news release
contains forward-looking statements that involve risks and uncertainties. These
forward-looking statements include, but are not limited to, statements relating
to the company's momentum and continued expansion of its product offerings,
diversification of its sales model, expanded global presence, increased market
share, expanded revenue stream, increased cross-sell opportunities and strong
execution. The company's future actual results could differ materially from
these forward-looking statements. Factors that could cause or contribute to such
differences include, but are not limited to, the risks associated with the
software market, risks associated with development and release of new versions
and new products, fluctuations in customer demand for our products, risks
associated with rapid technological change, concentration of a large percentage
of our quarterly revenue with a few customers, the financial, economic,
political and other uncertainties caused or exacerbated by the current
hostilities involving the United States and Iraq, the risk that the company will
not be able to integrate its products, operations and business with acquired
entities effectively, that the companies' customers, suppliers and employees
will not support its acquisitions, and the other general risks of acquisitions.
Such factors also include those discussed from time to time in the company's
public reports filed with the Securities and Exchange Commission, such as those
under "Risk Factors" included in the company's annual report on Form 10-K for
the fiscal year ended December 31, 2002, as well as the company's other filings
with the Securities and Exchange Commission, which are available at
http://www.sec.gov/. The company undertakes no obligation to update or revise
these forward-looking statements.
Unless expressly stated otherwise, the customer transaction discussed in this
press release was not completed in the current quarter and any license revenue
associated with such transaction should be assumed to have already been included
in prior earnings announcements.
DATASOURCE: Documentum, Inc.
CONTACT: media, Bonnie Harris of B3 Communications, +1-415-332-5816, or
, for Documentum; or investors, Pat Menchaca of
Documentum, +1-925-600-5593, or
Web site: http://www.documentum.com/