Coveo Solutions Inc. Press Release

BOSTON–(BUSINESS WIRE)–Coveo Solutions Inc., a global provider of search-powered information access solutions, today announced that CRM magazine named Coveo one of the “Rising Stars of 2008” in its CRM Service Awards: (www.destinationcrm.com/articles/default.asp?ArticleID=7803).

CRM magazine’s editors selected Coveo for deepening its competitive footprint by offering specialized services (instead of simply an Enterprise Search product) aimed at the rapidly growing small- to mid-sized business (SMB) market. “As more and more small and midsize businesses begin to recognize the importance of search-powered information access solutions to keep track of their important documents, Coveo offers innovations to efficiently sort through large volumes of documents,” said David Myron, editorial director, CRM and Speech Technology magazines.

Krista Collins, Analyst, Canadian IT Innovation and Export for IDC Canada, points out that managing the rapid growth of structured and unstructured data and information in the enterprise has become increasingly difficult. “What’s needed is an efficient and secure search that is user-friendly, integrated with existing applications, and easy to deploy,” Collins adds. “Coveo’s solutions help public- and private-sector organizations quickly locate information, allowing for customized service, employee efficiency, and legislative compliance.”

“We are very pleased to be receiving this industry acclaim on the heels of unveiling the Coveo G2B™ Information Access Suite,” said Laurent Simoneau, Coveo’s president and CEO.”This award demonstrates not only the strength and ease-of-use of our technology, but our company’s continued commitment in helping businesses succeed. By continuing to deliver on our promise to offer the market’s most innovative search-powered information access applications, we believe Coveo will be well positioned for rapid growth in the coming years.”

Coveo’s new G2B Information Access Suite provides knowledge workers with an unrivaled ability to obtain a 360-degree view of the information they need to drive business. Built on leading-edge search platform technology and winner of numerous industry awards, Coveo’s search-powered business applications deliver industry-leading competence and consumer-style ease of use, a radically easier implementation of less than 24-hours, and black belt level customer support.

As one of KMWorld magazine’s “100 Companies that Matter in Knowledge Management,” Coveo is driving a market that is considered a gatekeeper to unleashing business success. Offering a radically different approach to deployment, Coveo’s G2B solutions deliver proven organizational efficiencies for knowledge management, risk management, IP protection, compliance and improved customer service experience.