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PRESS RELEASE: Agrica Group Chooses Cameleon Software

Mon, 28th Jun 2010 17:49
New success in the insurance sector for Cameleon Software TOULOUSE, France & CHICAGO--(BUSINESS WIRE)--June 28, 2010-- Cameleon Software (Paris:CAM), the leader in the offer design, product configuration, pricing and quoting software market, announced today that Agrica Group, a French provider of personal protection coverage to the agricultural sector, offering savings, personal protection and health coverage to companies and people through its website and agencies, has selected Cameleon's software to simplify its sales process. Pierre Blachon, Agrica group vice president for policy management services, explained, "Customer satisfaction is our top priority. Because each customer has his or her own needs, we must offer personalized proposals and products. To achieve this goal, we considered it necessary to rethink our overall commercial approach. This provided the impetus for adopting a solution to harmonize and simplify our methods." Solutions tailored for specific needs Cameleon enables Agrica Group to propose modular solutions that meet their specific needs. Agrica Group's healthcare, savings or personal protection offerings consist of a core package of benefits to which supplemental or optional guarantees may be added. The level of complexity of each product varies considerably. Some represent standard offers while others include a multitude of combined features that are complex to price. With Cameleon, the objective is to facilitate the sales process for all these offerings both through online platforms and in branch offices, by creating proposals for each customer at the right price point and coverage that meet their specific needs. Harmonizing methods and tools To generate commercial proposals, advisers previously had an underwriting pricing tool developed four years ago that required constant and costly updates. From now on, with Cameleon Agrica has a single sales tool covering the entire spectrum of products available to the network of advisers. Integrated directly with Agrica's IT system, Cameleon serves as a common tool for product information and quote generation for savings, personal protection and health coverage solutions. The marketing department can now custom-design new products, define the corresponding rates, and establish sales scripts for deployment across the entire sales network or internet, all in just a few clicks. Using a web interface, the sales tool equips Agrica advisors at the group's 16 regional branch offices to create instant offers. "At the branches, on the phone or on customer visits, sales advisers are guided through an interactive script to build modular proposals perfectly adapted to the customers' needs. It also enables the commercial network to quantify proposals in real-time and simulates different scenarios. After a proposal has been defined, Cameleon generates reliable and professional quotes, fully compliant with our legal requirements and sales policies," Blachon continued. "This has allowed us to accelerate the volume of quotes generated to more than 1,500 issued in just six months." Cameleon is also deployed on the group's website and serves as a virtual advisor, guiding customers online to select right product for them. Through a dynamic questionnaire, it proposes customized products and rates. And if the online customer wishes, identification data and simulation information are transmitted to customer service teams for a follow-up sales contact. "The objective of this type of service is to generate traffic, facilitate access to our product offering, identify interest and provide our network of advisers with information about needs for more effective commercial follow-up." The main benefits are: -- For the customer, to be sure to have an offer which match to his specific needs -- For marketing and sales teams, to homogenize the quality of advice across the network, to improve commercial follow up of information about specific needs collected online, to guarantee the correct application of current rates and compliance with sales processes and to issue quickly reliable quotes. Jacques Soumeillan, Cameleon CEO, concluded, "The insurance market is a key sector for us and this new commercial success reinforces our go-to-market strategy. These past few years, several recognized insurance companies such as Gras Savoye, APICIL Group, Reunica, MGET and Sud-Ouest Mutualite have chosen to implement our software, and I am very glad to see Agrica Group on this prestigious list." About Cameleon Software Cameleon Software (PAR: CAM) (formerly Access Commerce) is the global leader in product design, sales configuration, quotes and proposals software, helping companies to accelerate product and services launches while increasing sales across all channels. Cameleon Software enterprise solutions empower marketing teams to reduce time-to-market for products and services that require advanced personalization and sales teams to improve their performance by reducing the quote-to-order cycle. Cameleon Software provides a solution that bridges the gap between the sales and marketing teams resulting in cost reduction and revenue increase. Cameleon Software is platform agnostic and integrates to leading ERP and CRM systems including Microsoft, Oracle, SAP and Salesforce.com. Founded in 1987 and listed on Euronext Exchange since 1999, Cameleon Software customer base includes leading enterprises in manufacturing, insurance, telco and high tech such as: ThyssenKrupp, CTB, Technip, Gras Savoye, Vodafone SFR, TAIT, Yellow Pages and IMS Health. For more information, visit: www.cameleon-software.com and www.salesforce.com/appexchange Forward-Looking Statements Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: risks related to the integration of acquisitions and the ability to market successfully acquired technologies and products; the ability of the Company to effectively compete; the inability to adequately protect Company intellectual property and the potential for infringement or breach of license claims of or relating to third party intellectual property; risks related to data and information security vulnerabilities; ineffective management of and control over, the Company's growth and international operations; adverse results in litigation; and changes in and a dependence on key personnel, as well as other factors. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release. CONTACT: Dan Brown / Jessica Gomez Mulberry Marketing +1 415/439-8357 or +1 415/420-7880 (mobile) dbrown@mulberrymc.com / jgomez@mulberrymc.com SOURCE: Cameleon Software Copyright Business Wire 2010 (END) Dow Jones Newswires June 28, 2010 12:49 ET (16:49 GMT)

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