Capitol Advantage Sells Chariteam Service to Kintera

Capitol Advantage Sells Chariteam Service to Kintera: "Capitol Advantage Sells Chariteam Service to Kintera

SAN DIEGO--(BUSINESS WIRE)--Jan. 19, 2005--Kintera(R) Inc. (Nasdaq:KNTA), a leading provider of 'software as a service' to nonprofit organizations, and Capitol Advantage(R), a pioneer in online advocacy, election and voter registration solutions, announced an agreement in which Capitol Advantage sold its Chariteam service to Kintera in January 2004.


The Chariteam service is designed to allow participants to build a personal webpage, send email invitations, draw visitors to the page and accept secure online donations. This agreement between Kintera and Capitol Advantage transfers to Kintera ownership of all Chariteam software and contracts with current Chariteam customers. Under the agreement, Kintera also agreed to waive any applicable royalty fees for prior use of its intellectual property regarding fundraising campaigns. Kintera paid no other consideration"