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ASCENTIAL DataStage BUILDS MOMENTUM WITH HYUNDAI CAPITAL

Ascential Software Corporation, an enterprise integration leader, announced recently that Hyundai Capital Services Inc, Korea's first consumer finance company, has reported outstanding business results through the deployment of Ascential DataStage as the foundation of its corporate-wide data warehouse and business intelligence initiatives. Hyundai Capital is using DataStage software to integrate data as the first step towards gaining valuable insights into its customer relationships, through which it retains customers while rapidly accumulating new ones. Based in Yoido, Seoul, Korea, Hyundai Capital uses DataStage to efficiently integrate customer data from a variety of internal sources for its enterprise data warehouse, which then feeds its business intelligence applications.

"The Korean financial services market is highly competitive and undergoing a lot of consolidation," said Kyu-Seok Cho, general manager of the CRM department of Hyundai Capital. "DataStage has reduced our IT administration costs while giving us the nuanced customer knowledge we need. These benefits significantly extend our advantage over competitors."

DataStage is part of Ascential's Enterprise Integration Suite, which tightly integrates capabilities for data profiling (MetaRecon), data quality (INTEGRITY), and data transformation (DataStage) into a complete, end-to-end solution. Built upon a platform of shared services including enterprise meta data management, any-to-any connectivity, and a parallel processing framework, this solution provides the performance and scalability to address the massive data volumes and real-time/right-time delivery of data required by today's information intensive enterprises.

"Hyundai Capital's rapid successes clearly illustrate why acceptance of DataStage and the Ascential Enterprise Integration Suite has been growing rapidly throughout Asia," said Mike Cassettari, vice president of marketing at Ascential. "By integrating disparate data sources into a single enterprisewide warehouse while maintaining consistently high data quality, Hyundai Capital is supporting its business intelligence programs with the most powerful and comprehensive integration solution in the world."

About Hyundai Capital

Hyundai Capital Services Inc, established in 1993, is a leading consumer financial company in Korea. Hyundai Capital services a wide range of products such as installment financing for automobile, mortgage, durables and personal loan, new business financing and so on. In 2001, Hyundai Capital entered into the credit card business with its acquisition of Diners Card Korea to obtain greater dominance of the market and provide better service to customers.

Hyundai Capital's Dream Loan Pass, its newly launched revolving loan product, attracted over one million members in the first eight months and was selected 'Hit product of this year' by Kyung Hyang Newspaper. Hyundai Capital also ranked first in Customer Satisfaction, Employee Satisfaction, and Operating Net Profit.

About Ascential

Ascential Software Corporation is a leading provider of enterprise integration solutions to the Global 2000. Customers use the Ascential Enterprise Integration Suite and products to turn vast amounts of disparate, unrefined data into reusable information that drives business success. Ascential's unique comprehensive data integration suite enables customers to easily collect, validate, organize, administer and deliver information to realize more value from their enterprise data, reduce costs and increase profitability. Headquartered in Westboro, Mass., Ascential has offices worldwide and supports more than 2,200 customers in such industries as financial services, telecommunications, healthcare, life sciences, manufacturing, consumer goods and retail. More information on Ascential can be found on the Web at www.ascential.com.

Contact: Paul LaBelle of Ascential Software Corporation, 508-366-3888x3256, paul.labelle@ascential.com.

 
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