Model N Recognized for Innovation by San Francisco Business Times
Revenue Management Solutions Selected as the Winner in Best Business Application & Service Category
REDWOOD SHORES, CA – May 29, 2014 – Model N, Inc. (NYSE: MODN) the leader in revenue management solutions, today announced it was honored by the San Francisco Business Times as the Tech & Innovation award winner in the Best Business Application & Service category.
For the past four years, the San Francisco Business Times has celebrated the most innovative and enterprising technology companies. Model N shares this distinction with past honorees including Dropbox, Airbnb, and salesforce.com. Model N was recognized as one of the dynamic companies that is fueling the regional economy, attracting VC funding and growth capital, adding jobs, and transforming every area of technology.
“We are honored to join an impressive group of innovative companies,” said Zack Rinat, CEO of Model N. “Over the last 15 years our employees’ innovations have been paramount to Model N’s success. This innovation has enabled our customers to maximize their revenues by leveraging our Revenue Management Application Suite.”
Founded in 1999, Model N is the leading provider of Revenue Management solutions for the life sciences and technology industries. The company helps customers to maximize revenues and reduce revenue compliance risk by transforming the revenue lifecycle from a series of tactical, disjointed operations into a strategic end-to-end process. Model N customers, such as Johnson & Johnson, Bristol-Myers Squibb, Merck, Novartis, Maxim, Dell, Marvell, Nokia and many of the world’s leading brands use the application suites to manage mission-critical functions, such as pricing, contracting, incentives, and rebates.
Model N was recognized along with other winners at an event last week at the Westin St. Francis. The publication honored 30 companies as winners, out of more than 300 nominations.
“The Bay Area is home to some of the most widely used and innovative technology companies in the world,” said Krystal Peak, editor of the San Francisco Business Times’ Tech and Innovation Award section. “This year I was excited to pull back the curtain and reveal just who we have to thank behind all the tech we use each day.”
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About Model N
Model N is the leader in Revenue Management solutions. Model N helps its customers maximize their revenue and reduce revenue compliance risk by managing every dollar that impacts their top line encompassing contracting, pricing, incentives, and rebates. Model N leverages its deep industry expertise to support the unique business needs of Life Sciences and Technology companies in more than 50 countries. Global Customers include: Actavis, Allergan, Atmel, Bristol-Myers Squibb, Dell, Johnson & Johnson, Linear Technology, Merck, Marvell, Maxim, Micron, Nokia, Novartis, Novo Nordisk, ON Semiconductor, and STMicroelectronics. Learn more at: modeln.com. Model N is traded on the New York Stock Exchange under the symbol MODN.
Model N® is the registered trademark of Model N, Inc. Any other company names mentioned are the property of their respective owners and are mentioned for identification purposes only.