All Press Releases for July 18, 2012

The SMABTP Group Chooses Cameleon Software to Build Customized Insurance Offers

Leading configure - price - quote (CPQ) software provider gives insurance leader product configuration freedom and guided selling over multiple channels



    CHICAGO, IL, July 18, 2012 /24-7PressRelease/ -- Cameleon Software (Paris: CAM), announced today that the SMABTP Group, the leader in mutual insurance for the construction and building industry, chose to deploy its product configuration and guided selling solution. in a multichannel environment.

This deployment is part of SMABTP Group's global effort to provide more innovative and tailored insurance products to its members.

Created in 1859, the SMABTP Group is a specialist insurer for construction professionals. A leader in the delivery of construction insurance (representing a quarter of the French market), SMABTP Group provides advisory services and personal, liability, and property insurance products to more than 130,000 members. This project will help support the company's goal of expanding beyond France and becoming an important insurance provider to all of Europe by 2014.

The choice of Cameleon Software will enable the SMABTP Group to improve its sales processes across all sales channels by offering its members choices that can be easily adapted to their specific needs.

Jacques Soumeillan, Cameleon Software CEO explains: "While our solution is already used by over a third of French mutual insurance companies we are very pleased that SMABTP Group is trusting Cameleon to support this important initiative. This choice goes beyond personal insurance and highlights Cameleon's capabilities for property and casualty (fire, accident and miscellaneous risks) insurance, and that Cameleon is a strong differentiator in an industry where competition is fierce. "

"The SMABTP Group has a history of excellence and an ongoing commitment to provide the best service to its members. With Cameleon we want to give our members the ability build an insurance policy that best meets their needs and budget... Our members are builders so we bet they will appreciate this new approach to constructing insurance policies." concludes Olivier Oslizlo, CIO, SMABTP Group.

Cameleon Software is the global leader in multichannel, multi-device product configurator, quotes, proposals and eCommerce software. Cameleon solutions empower customers' sales teams to streamline their quote-to-order process and increase sales across all channels, and marketing teams to define and launch new products faster. Cameleon's solutions integrate to leading CRM and ERP systems including Salesforce, SAP, Oracle and Microsoft and are available as both SaaS or On Premises. Rated as Positive in the Gartner Group Marketscope, Cameleon Software is a public company with strong references in industries such as insurance and financial services, telecom, hi-tech and manufacturing, including ADT/Tyco, Clear Channel, Gras Savoye, SFR, IMS Health, Technip and ThyssenKrupp. For more information, visit: www.cameleon-software.com and www.salesforce.com/appexchange.

ALL RIGHTS RESERVED 2012 CAMELEON SOFTWARE. Cameleon is a registered trademark of Cameleon Software. All other product and company names mentioned are the property of their respective owners.

Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: risks related to the integration of acquisitions and the ability to market successfully acquired technologies and products; the ability of the Company to effectively compete; the inability to adequately protect Company intellectual property and the potential for infringement or breach of license claims of or relating to third party intellectual property; risks related to data and information security vulnerabilities; ineffective management of, and control over, the Company's growth and international operations; adverse results in litigation; and changes in and a dependence on key personnel, as well as other factors. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

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Contact Information

Tom Crosby
Cameleon Software
Skokie, IL
USA
Voice: 919 370-3269
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