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December 12th, 2002, 07:26 AM #1
- Join Date
- January 18th, 2005
- West Coast USA
12/07/2002 - Updated 2:48 PM ET
Cognigen Resumes Direct Training of its Agent Network: Sale of Services Strategies and Skills to be Emphasized
SEATTLE, Dec 7, 2002 /PRNewswire-FirstCall via COMTEX/ -- Cognigen Networks, Inc. (OTC Bulletin Board: CGNW), the Seattle based Internet-enabled marketer of communications services and facilities based carrier, today announced that it has terminated the training agreement entered into with eMaxDirect earlier this year. Cognigen's chairman and CEO, Darrell H. Hughes, announced the changes in messages sent to its agent network.
Mr. Hughes declared, "Cognigen's board believes our efforts for continued growth and profitability will be best served by a program of training that emphasizes development of skill sets that produce increased sales of telecommunication services and related technology products. We are returning to the basic principles employed by Cognigen's founder, Kevin Anderson, in building our company. We have a solid core of independent agents who either work their agencies on a full time basis, or devote their part time efforts in such measures that produce substantial levels of recurring monthly income. The number of agents whose income is sufficient to command full time efforts is growing, and we want to stimulate that growth to a greater extent with a training and support program more precisely tailored to those purposes.
"In addition, we have a large number of agents who have been accruing commissions, and who will now, under our newly revised compensation plan, begin to receive monthly commissions. Our near-term strategy is to also support this sector of our agent network with targeted training that enhances their skills in customer acquisition and in promoting greater consumption of services. Our newly revised training program builds upon our traditional curriculum by focusing on those communication services and related products that are vital to small and medium sized business and governmental entities."
Rich Rime, managing director of marketing at Cognigen, added, "Our overall goal is to assist and support our agents in pursuing both residential and commercial customers in a more productive and cost effective manner. We intend to accomplish much of this with restructured training programs that will be available in live seminars and on Cognigen's websites. Home study, group study and in person sessions will provide open enrollment training at basic, intermediate and advanced levels. Cognigen's training will for the most part be free of cost to any agent. Agents will be able to schedule live group training seminars at minimal cost to the participants, and at no cost when conducted off our websites."
Cognigen Networks, Inc. based in Seattle, Washington, offers a wide range of telecommunication services and related technology products via its Web site, http://www.cognigen.com. Cognigen's robust marketing engine is fueled by distribution channels that harness a prominent Internet presence and a corps of independent agents along with several affiliate groups, each having their own customized Web site. This provides Cognigen with both agent initiated sales that are then fulfilled via the Internet as well as those generated directly off its main Web site. Cognigen resells the services of industry leaders such as AT&T Wireless, Sprint, Verizon, Talk America and Speakeasy. The Company also operates a wholly owned subsidiary, Cognigen Switching Technologies (CST), based in San Luis Obispo, California. CST is an FCC licensed international and interstate facilities based carrier and reseller. Cognigen has sold, on behalf of its vendors and for its own account, services and products to approximately 775,000 customers worldwide.
The information herein contains forward-looking statements, including, without limitation, statements relating to Cognigen Networks, Inc. and its wholly owned subsidiary, Cognigen Switching Technologies, Inc. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, no assurance can be given that such expectations will prove to be correct. The forward-looking statements involve risks and uncertainties that affect the Company's business, financial condition and results of operations, including without limitation, the Company's possible inability to obtain additional financing, lack of agent growth, the possible loss of key personnel, rate changes, fee policy or application changes, technological changes and increased competition. Many of these risks are beyond the Company's control. The Company is not entitled to rely on the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, or Section 2lE of the Securities Exchange Act of 1934, as amended, when making forward-looking statements.
SOURCE Cognigen Networks, Inc.
December 16th, 2002, 11:47 AM #2
- Join Date
- January 17th, 2005
December 16th, 2002, 11:56 AM #3
- Join Date
- January 18th, 2005
- St Clair Shores MI.
News would be if they divied up commissions on those 775,000 orders to their affiliates.
"Anyone can make a dollar, it is when you make sense that it starts to add up."...does your eBiz plan make sense?
By knight01 in forum Midnight Cafe'Replies: 16Last Post: March 12th, 2009, 10:04 PM