CRM Report: Aspect Announces Record Revenues, New Fund

San Jose, California-based Aspect Communications (Nasdaq: ASPT), a provider of CRM portals, announced today that its first quarter revenues shot up to a record $148.3 million (US$) and its net loss declined to $2.8 million from $13.3 million in the corresponding quarter in 1999.

Aspect also announced the formation of a new venture fund. The $50 million fund will target investments in pre-IPO companies, with a focus on ASP and e-business service providers.

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