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Kintera and KindMark Announce Strategic Alliance
Kintera and KindMark Announce Strategic Alliance
NEW YORK--(BUSINESS WIRE)--July 27, 2004--Kintera(R) Inc. (Nasdaq:KNTA), a leading provider of software as a service to nonprofits, and KindMark, a provider of online corporate giving solutions, today announced a strategic alliance to provide software and services to support corporate philanthropy programs such as workplace giving, volunteer activities and corporate matching programs. Kintera's software as a service platform, together with KindMark's web-based technology and services, will help nonprofits and corporations automate and support their workplace giving programs.
"We are excited to be working with Kintera in a strategic alliance," said Gary Carr, CEO of KindMark. "Our relationship will greatly benefit the nonprofit community as organizations work closely with corporate clients to develop giving initiatives. An alliance between Kintera and KindMark will help both of us deliver better services to nonprofit clients and their corporate partners. Kintera's current workplace giving technologies, plus their cause-marketing technology and relationships, offer an ideal match for our growing customer list. We look forward to working with the Kintera team, and believe that our company mission fits well into Kintera's larger corporate vision."
Added Kintera's CEO, Harry Gruber, M.D., "KindMark is a recognized leader in providing workplace giving solutions for large companies. Now with our alliance in place, KindMark clients can access the Kintera Sphere(TM) technology platform featuring fundraising and corporate philanthropy tools, a payment processing engine, software for content managed websites and contact relationship management, along with enhanced customer and technical support. In turn, KindMark's expertise and experience in developing workplace giving programs for large corporations will be available to Kintera's nonprofit, United Way and Federation customers."
The combined Kintera-KindMark relationship will benefit the corporate philanthropy community by providing corporations and nonprofit organizations of all sizes with the online tools they need to manage, deploy and track their corporate philanthropy programs.
About KindMark
KindMark is the premier provider of a complete end-to-end suite of web-based solutions to manage corporate giving activities. KindMark's PowerGiving System(R) offers solutions for managing workplace giving programs, corporate grant matching, volunteer programs, special events management and political action committee (PAC) membership and fundraising drives. More information is available at www.kindmark.com.
About Kintera Inc.
Kintera(R) Inc. (Nasdaq:KNTA) is an innovative provider of software as a service that helps nonprofit organizations foster a powerful sense of community to achieve their mission. Kintera's Knowledge Interaction technology strengthens an organization's community by providing volunteers, members, donors and staff web-based tools to efficiently fulfill their tasks and share real-time data and information. The company's Internet innovations include its Friends Asking Friends(R) solicitation program and Kintera Sphere(TM), an enterprise-grade software system that provides content management, contact management, communication tools, commerce applications, community-building features and reporting functions. Kintera's technology is built on a unified database and payment processing engine. A web browser is all that is needed to use Kintera Sphere to help increase donations, reduce fundraising costs and build awareness and affinity for a cause. For more information, visit Kintera at www.kintera.com.
Forward-Looking Statements
In addition to historical information, this press release contains forward-looking statements (including, without limitation, express or implied statements regarding the adoption of workplace giving software by nonprofit organizations and corporations) that involve risks and uncertainties. These forward-looking statements represent our estimates and assumptions only as of the date hereof. These statements reflect our current views with respect to future events and are based on assumptions and subject to risks and uncertainties. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, without limitation: our limited operating history; our history of losses; our dependence on increased acceptance by nonprofit organizations of online fundraising; lengthy sales cycles for major customers; our need to manage growth; risks associated with accounting for and processing large amounts of donations; the rapidly changing technologies and market demands; and other risks identified in our filings with the Securities and Exchange Commission. Given these uncertainties, you should not place undue reliance on these forward-looking statements.
Contacts
Kintera Corporate Communications
Judy Piercey, 858-795-3056
jpiercey@kintera.com
or
Media First Public Relations
Shev Rush, 760-567-4321
shev@mediafirstpr.com
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