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Stellent Makes Vertical Move

Active IQ Technologies, Inc. , a Minneapolis-based provider of hosted applications and services, today announced that it has signed an worldwide license agreement with Stellent, Inc. to embed Stellent Content Management software in its vertical market solutions.

The solutions developed by Active IQ are available in a hosted environment and are intended to extend the reach of Stellent's Content Management system to users looking to address the needs of specific vertical markets.

"We are looking forward to continuing and expanding our relationship with Active IQ Technologies in this new venture," said Vern Hanzlik, Stellent's President and CEO.

"We see the potential for rapid growth in the area of vertically focused hosted content management solution delivery. We are confident that Active IQ will develop numerous opportunities in this expanding area," he adds.

Says Active IQ Technologies President and CEO, D. Bradly Olah: "We are excited to have this opportunity and believe the platform provided by Stellent will allow us to rapidly deploy solutions and leverage our vertical market expertise into a rapidly growing business."

Features of Stellent Content Management, formerly known as Xpedio Content Management include management of business and Web content for other e-business applications, such as enterprise portals and business commerce applications.

The system Web-enables business content by aggregating content from multiple sources and personalizing it for specific audiences, devices and applications.

Stellent, Inc., formerly known as IntraNet Solutions, is headquartered in Eden Prairie, Minn. and has more than 1,500 customers including Merrill Lynch, Agilent Technologies, Target Corp., Cox Communications, Yahoo!, Hewlett-Packard and Ericsson.