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FOR IMMEDIATE RELEASE
The SIIA CODiE Awards names Alacra Book as a Finalist in the Category �Best Solution Integrating Content Into Workflow"
New York, NY, April 2, 2008 � Alacra, Inc., a leading provider of online business information solutions, today announced that Alacra Book, a dynamic electronic publishing application, has been named a SIIA 2008 CODiE Awards Finalist. Alacra Book is a finalist in the Best Solution Integrating Content Into Workflow category, which recognizes technologies that help customers increase the value of their content subscriptions by providing applications to use that content within their daily workflow.
The annual CODiE awards recognize leading products across three groups: Content, Technology and Education. Nominated products are reviewed by an SIIA-appointed judging panel who select the finalists. Winners will be selected by SIIA member votes and will be announced at the upcoming SIIA NetGain conference.
"Competition is tough this year and that makes selection as a CODiE Finalist a real achievement," said Ken Wasch, SIIA president. "All the companies on this year�s list should feel justifiably proud of their recognition."
Alacra Book is a workflow application that enables investment banks and professional services firms to streamline the process of creating briefing books and public information books (PIBs), a key element of the business development process. Traditionally, creation of a PIB could take an analyst or associate 3-5 hours, utilizing the individual products from each of their content providers. Alacra Book cuts that time to 10-15 minutes by integrating all of the databases into a simple workflow. Today, 19 of the 20 largest investment banks have cut their research costs through use of Alacra Book.
We are thrilled to have Alacra Book named as a CODiE finalist said Steven Goldstein, CEO of Alacra. It is especially gratifying knowing that the selections come from our peers and colleagues in the content and technology space.�
About Alacra, Inc.
Alacra creates sophisticated online technology and services to help clients find, package and present business information. Financial institutions, professional service firms and other corporations have long used the same content sets to support clients, research deals and investigate market opportunities. The Alacra mission is to package this content and deliver it in a format that best meets each organization's precise needs.
Worldwide, more than 600 investment and commercial banks, management consulting firms, law firms, and other corporations, representing 50,000+ end users worldwide, use Alacra to effectively find and deploy business information in their daily workflow. For more information, visit www.alacra.com.
About SIIA
The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to more than 800 leading software and information companies. For further information, visit www.siia.net.
For press inquiries and interviews, please contact:
Carol Ann Thomas
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