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SupportSoft Announces New HomeAssist™ Software to Automate Setup and Management of Home NetworksSolution is Designed to Enhance Network Reliability and Provide for Delivery of Value-Added Services in Future CONNECTIONS™ The Digital Home Conference & Showcase, Santa Clara, CA, May 2, 2006 - SupportSoft, Inc. (Nasdaq: SPRT), a leading provider of Real-Time Service Management (RTSM™) software, today announced SupportSoft HomeAssist™, a new solution for the installation and management of home networks. HomeAssist is designed to help digital service providers deliver a comprehensive customer care solution to simplify the set-up and maintenance of a home network while providing a platform for the delivery of value-added services such as enhanced security, file and print sharing and remote access via the Internet. In conjunction with today's HomeAssist introduction, SupportSoft also announced its collaboration with Network Magic, a leading provider of home networking software, to enable delivery of value-added home networking products and services. According to industry analyst firm Parks Associates, the CONNECTIONS conference organizer, broadband carriers will spur the home networking market, helping to increase the number of broadband households with a residential gateway to 69% by 2009.* SupportSoft HomeAssist functionality is designed to help service providers and their customers gain the most from home networking in three significant ways:
SupportSoft HomeAssist is expected to be generally available in the second quarter of 2006. About SupportSoft SupportSoft is a leading provider of Real-Time Service Management (RTSM™) software designed to automatically resolve IT technical problems for enterprises and enable triple play service automation for VoIP, IPTV or broadband delivery by service providers to their customers. Digital service providers benefiting from SupportSoft solutions include Belgacom, BellSouth, Bharti, Charter Communications, Comcast Communications, Cox Communications, The Carphone Warehouse, Time Warner, TeliaSonera, UPC and Verizon. Enterprises that have licensed SupportSoft software for IT requirements include ADP, Bank of America, BT, Kimberly-Clark, Procter & Gamble, Sony, Symantec and Thomson Financial. Managed service providers that utilize the Company's solutions to provide outsourced services to their enterprise customers include CGI, CompuCom, CSC and IBM Global Services. For more information visit www.supportsoft.com. This press release contains forward-looking statements that relate to future events including, but are not limited to, the expected benefits and availability of the solution and the continued collaboration with Network Magic. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those discussed in these forward-looking statements, including, but not limited to: our ability to achieve broad adoption and acceptance of the new product, the effectiveness of the product offering to resolve customer problems, the continued cooperation between the two companies, the compatibility of our software with hardware and software platforms that are used by our customers now or in the future, and system failures that may cause an interruption in our customers' ability to access or use our new product offering, as well as other risks detailed from time to time in our SEC filings. Statements included in this release are based upon information known to SupportSoft as of the date of this release, and SupportSoft assumes no obligation to update information contained in this press release. Media Contact: Jennifer Massaro SupportSoft, Inc. (650) 556-8596 jennifer.massaro@supportsoft.com * Parks Associates, Broadband Carriers to Spur Home Networking Market beyond Retail Sales, June 2005 |
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