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December 16, 2003

Australian Central Credit Union invests in Onyx CRM
Leading Australian Credit Union selects Onyx To drive improved customer relationships and service

BELLEVUE, Wash. - Onyx® Software Corp. (Nasdaq: ONXS), a worldwide leader in successful Customer Relationship Management (CRM), has announced that Australian Central Credit Union, one of Australia's oldest and largest credit unions, has selected Onyx to underpin its strategy of being a 'member (customer) intimate' organization. Onyx's implementation partner, DMR Consulting, will roll out the Onyx system to nearly 400 Australian Central employees over ten weeks in the second quarter of 2004.

The solution will enable Australian Central to improve the management of complex relationships and enhance overall customer service. Onyx will provide staff with a complete view of their members, with access to all products and services in a single system. Additionally, its employees will have real-time access to records of all interactions with a member across all manned channels, allowing a "continuous conversation" between the member and Australian Central Credit Union.

DMR Consulting will take prime responsibility for the project, providing project management, business analysis and technical support, while Onyx will provide assistance with technical and functional design and development as required. In addition to the Onyx implementation work, DMR Consulting has run a 'Benefits Realization' program to assist Australian Central to articulate and manage the linkages between key assumptions, initiatives and outcomes of the entire Member Relationship Management program.

"In today's competitive market, a focus on customer relationships and service is a crucial differentiator, said Peter Evers, Managing Director of Australian Central Credit Union. "At Australian Central we are committed to meeting and exceeding the expectations of our members. Implementing Onyx is a core part of Australian Central's ongoing Member Relationship Management Program and represents a significant investment in this customer focused strategy."

"We were looking for a solution that would leverage our existing technology. Onyx's reputation as a leading CRM solution for mid-market organizations was a perfect fit. We wanted to work with a company that took a partnership approach with their customers and had a proven track record of successful implementations, ensuring we got it right the first time. The Onyx solution was ultimately selected based on superior product performance, industry expertise, and the willingness to go the extra mile to create a solution that fitted our specific criteria," Evers added.

"Onyx helps organizations return to the days of providing superior service to customers, and this is perfectly aligned with the credit union's core point of differentiation," said Bill Bunker, Vice President, Financial Services, Onyx Software. "Our software allows financial institutions to re-focus on the customer, enabling improved understanding of customer requirements through the efficient collection, collation and display of contact, account, marketing, sales, and service information."

Onyx is a leading full-suite CRM vendor in the financial services market, with a strong presence in banking, insurance, consumer finance and asset management - a segment where Onyx has 4 of the top 6 firms in the world, and over 30% of the top 50, as ranked by Pensions & Investments Magazine. The addition of ACCU to the Onyx customer base further extends Onyx's growing presence in the banking and credit union segment.

About Onyx Software
Onyx Software Corp. (Nasdaq: ONXS), worldwide leader in successful CRM, offers a fast, cost-effective, usable solution that shares critical information among employees, customers and partners through three role-specific, Web services-based portals. The Onyx approach delivers real-world success by aligning CRM technology with business objectives, strategies and processes. Companies rely on Onyx across multiple departments to create a superior customer experience and a profitable bottom line. Onyx serves customers worldwide in a variety of industries, including financial services, healthcare, high technology and the public sector. Customers include Amway, United Kingdom lottery operator Camelot, Delta Dental of California, Microsoft Corporation, Mellon Financial Corporation, The Regence Group, State Street Corporation and Suncorp. More information can be found at (888) ASK-ONYX orinfo@onyx.com.

Forward-Looking Statement
This press release contains forward-looking statements, including statements about the implementation benefits of Onyx products. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made and are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. The words "believe," "expect," "intend," "anticipate," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Factors that could affect Onyx's actual results include, but are not limited to the "Important Factors That May Affect Our Business, Our Results of Operations and Our Stock Price" described in our quarterly report on form 10-Q for the period ended September 30, 2003. Readers are cautioned not to place undue reliance upon these forward-looking statements that speak only as to the date of this release. Onyx undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.

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Onyx is a registered trademark of Onyx Software Corp. in the United States and other countries. Other product or service names mentioned herein are the trademarks of their respective owners.

Contact: Bob Craig
Onyx Software
617-314-6846

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MEDIA CONTACTS
Americas / Corporate Headquarters
Mitch Briggs Public Relations Coordinator
Consona Corporation
Telephone: 317.249.1620
Mobile: 317.829.4210

Europe, Middle East, Africa
Richard Furby
Managing Director, Onyx UK
Telephone: +44 (0) 1344 322 199
Fax: +44 (0) 1344 489 035

Japan
Daisuke Sawamura
Director, Professional Services
Telephone: +81 03 5215 7311



Contact: 1.888.ASK.ONYX (1.888.275.6699) or info@onyx.com

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