Elevon Receives Prestigious Award for Elevon Active Financial Planning™
Elevon Wins Best Product Launch Award at the 2002 Budget Masters Conference
SAN FRANCISCO, Calif. - June 3, 2002 - Elevon, Inc. (OTCBB: WALK), a global provider of advanced business solutions in the areas of collaborative commerce and knowledge management, has been honored with the Best Product Launch award at the annual Budget Masters Conference in Las Vegas. Elevon leveraged its extensive experience in the analytics space to deliver Elevon Active Financial Planning 1.0, a compelling solution for real-time budgeting and forecasting. This award from Budget Masters recognizes Elevon’s excellence in the execution of its strategic marketing plan for the launch of Elevon Active Financial Planning. Budget Masters is a premier event for budgeting solutions, leading-edge software and expert consulting advice in the planning and forecasting market. The top analytic software providers come to Budget Masters annually to present the newest developments in their products and services to existing and potential customers, business associations, and other key industry groups. "It is gratifying to receive immediate recognition for the successful launch of our new budgeting solution from the 2002 Budget Masters Conference. There are many competitors in the analytics space that premier their products and services at Budget Masters every year so it is quite an honor for Elevon to be singled out at this event for the best product launch for Elevon Active Financial Planning. The recent launch of Elevon Active Financial Planning significantly impacts the choice available to customers evaluating best of breed planning and forecasting solutions," said George Hadgraft director of marketing for Elevon. "Elevon Active Financial Planning (AFP) is unlike any solution offered in today’s analytic market space. AFP is a web based budgeting and planning solution that drives real-time collaborative operational planning processes throughout the enterprise and should be considered by those organizations that have an existing legacy budgeting system or are using Excel as the primary distribution and collection method for budgeting data." Elevon Active Financial Planning is a next generation application in the business performance market space, and was launched to address the need for a real-time web based planning and forecasting solution. Elevon Active Financial Planning provides comprehensive and meaningful participation for all planning contributors enabling a more effective and collaborative decision-making process. About Elevon Elevon, Inc. (OTCBB: WALK), headquartered in San Francisco, is a leading provider of advanced business solutions in the areas of collaborative commerce and knowledge management. Over the last three years, Elevon, Inc. has been extremely successful providing e-business solutions to Global 2000 organizations. After working extensively with these leading organizations, Elevon has identified the need to deliver collaborative solutions that extend beyond the four walls of the enterprise. © 2002 Elevon, Inc. All Rights Reserved. Elevon, Elevon Active Financial Planning, and Collaborative Synergies are trademarks of Elevon, Inc. All other brand and product names are trademarks of their respective owners. This news release contains forward-looking statements. Actual results may differ materially from any forward-looking statements contained in this news release due to a number of factors that could materially and adversely affect the Company’s business, financial condition, operating results and stock price. These factors are discussed in the company's most recent Annual Report to Stockholders, which includes the most recent Annual Report on Form 10-K, and in the company's quarterly 10-Q reports. The information contained in such discussions should be considered in evaluating the Company’s prospects and future financial performance. For additional information contact: Erin Kirk
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