BOSTON (06/08/2000) - Doc Management Firm Forms Online BusinessStandard Register Corp. in Dayton, Ohio, has launched Smartworks.com Inc., a Web site where companies can procure printing and document management products and services. The site, created by Standard Register's e-commerce group, will be set up as a separate subsidiary and target business customers that spend more than $250,000 per year on printing.
APBnews.com Begins Search for Investors
APBnews.com, a privately held, New York-based online news site focused on the criminal justice system, announced it has run out of cash and is looking for new investors. CEO Marshall Davidson attributed the company's problems to recent blows suffered by technology stocks. Publicly traded online news sites such as San Francisco-based Salon.com and New York-based TheStreet.com Inc. have suffered falling stock values in recent weeks as well.
Recruiter: CEOs Fleeing Consumer Market
Recruiting firm Christian & Timbers in Cleveland says the recent dive of the Nasdaq Stock Market has CEOs of business-to-consumer Internet start-ups looking for the next big thing. "B-to-C is no longer the hottest market space in the new economy, and CEOs are looking to get out," said Christian & Timbers Chairman and CEO Jeffrey Christian. He said that CEOs no longer think business-to-consumer firms will pay off and that they're leaving to run Internet infrastructure businesses capable of sustained financial performance.
Online Book Sales Up
The number of books sold over the Internet has nearly tripled since 1998, according to a survey released earlier this month by The NPD Group Inc. in Port Washington, New York. About 57 million books were sold online last year, the study found. The report was commissioned by the American Booksellers Association in Tarrytown, New York, and was presented at the annual BookExpo America convention in Chicago earlier this month.
SAP Adds Contractor Service to MySAP.comSAP America Inc. is partnering with Vivant Corp. to add contractor services to its mySAP.com digital marketplace. Beginning this fall, mySAP.com users will be able to define projects, hire contract workers, negotiate payments and analyze project results online. Vivant is an Oakland,Calif.-based business-to-business Internet marketplace that matches contract information technology workers with projects.
MTI Names Hoffman Vice President
MTI Technology Corp., a data management and storage firm in Anaheim, California, has named Edwin Hoffman vice president of North American support services. He will be responsible for managing and creating the firm's professional services organization. Hoffman has more than 26 years of sales and engineering support experience, including positions at Digital Equipment Corp. and Cabletron Systems Inc.
Worldwide VoIP Network Planned
NorthVoice Communications Inc. in Richmond, British Columbia, last week announced a $5 million contract with Lucent Technologies Inc. in Murray Hill, New Jersey, for hardware and software for the initial stages of its global voice over IP (VoIP) network. NorthVoice said it will build the largest private international VoIP network globally in two phases, with the first phase serving 81 cities on three continents, starting this year.
Hitachi Data Systems Opens New Facility
Hitachi Data Systems Corp., a wholly owned subsidiary of Tokyo-based Hitachi Ltd., recently opened a distribution and warehouse facility in Plainfield, Ind.
It will offer all of Santa Clara, California-based HDS's products, from software to enterprise storage subsystems, serving the U.S., Canada, Latin America and Asia. The new facility, which replaces centers in San Jose and Laurel, Maryland, currently has 85 employees and will be fully staffed with 200 employees within two to three years.