DALLAS, Feb. 3, 2010 (GLOBE NEWSWIRE) -- InvestorSoup.com announces an investment report featuring Art Technology Group Inc. (Nasdaq:ARTG). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The full report is available at: http://www.investorsoup.com/lp/ARTG
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Art Technology Group Inc. (ARTG) develops and markets a suite of e-commerce software products and software-as-a-service (SaaS) solutions, as well as provide related services, including support and maintenance, professional services, application hosting, e-commerce optimization services for enhancing online sales, and education. The Company's products suite include The ATG Commerce Suite, The ATG Adaptive Scenario Engine, ATG Commerce Search, ATG Merchandising, ATG Content Administration, ATG Outreach, ATG Self-Service, ATG Commerce Service and ATG Knowledge. Its subsidiaries include Primus Knowledge Solutions Inc., eStara Inc. and CleverSet. In January 2010, the Company announced that it has acquired InstantService.
Message Board Search for ARTG: http://www.boardcentral.com/boards/ARTG
In the report, the analyst notes:
“Revenue for the fourth quarter of 2009 grew to $49.7 million, a 9% increase over fourth-quarter 2008 revenue of $45.4 million. Revenue for the full-year 2009 grew to $179.4 million, a 9% increase over full-year 2008 revenue of $164.6 million.
“ARTG recently announced it will work with Netshoes, a leading Brazilian sports retailer, to re-launch the company's Web store, netshoes.com.br. Netshoes selected ARTG to create an enhanced Web presence that will allow the company to grow its online business, attract new customers, and accommodate the evolving needs of its existing consumer base. ATG Commerce will enable Netshoes to deliver a personalized and relevant shopping experience to its online customers. There were two key ATG partners involved in the Netshoes implementation: F.biz, a local agency in Brazil, and Object Edge, an IT solution services company, which were both critical players in getting the Netshoes site launched.”
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