| [TAIPEI, TAIWAN, 10 November 2005] Earlier this year in an all-stock transaction, Inspire I.T. (now CCMedia Technology Company) merged with CCMedia Inc., which has over 50% market share in Korea's high-end eCRM market.
Four top executives from South Korea's CCMedia visited Taiwan on Oct. 31. In a two-day strategy meeting, they shared with IIT and its customers their experiences in South Korea and industry trends in the web analytics field. IIT plans to release one new version of WebNibbler each quarter to offer customers the product with the latest and the most advanced functions. WebNibbler's powerful features give it many competitive advantages in the global market.
An international partnership like this is not common in the Korean IT industry. IIT and CCMedia have found each other to be the best partner for global expansion. CCMedia's R&D will continue to equip WebNibbler with the most advanced technology. IIT will be in charge of the marketing and sales for the local Taiwanese market as well as global markets, including China, Japan, Hong Kong, Singapore, and Australia.
CEO of CCMedia said with confidence, "This is a successful combination. CCMedia has a strong R&D team with excellent technologies. IIT has strong financial foundation with global management and marketing expertise. Together we will have a much better competitive advantage in the global markets. We are sure to provide our customers with the state-of-the-art products and better customer services." |