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News Briefs

  Online News published in DM Direct Newsletter
February 2, 2001 Issue
  By Rachel Rasmussen

Appsmart Software and Microsoft to Present Second in a Series of Free Analytic Application Webcasts

Appsmart Software, a provider of packaged analytic application solutions for Microsoft SQL Server, and Microsoft Corporation announced the second in a three-part Webcast series entitled, "Analytic Applications: Today, Tomorrow and Beyond" that features interactive sessions with three of the industry's leading authorities on the topic of analytic applications.

The second Webcast, featuring Henry Morris, vice president for IDC's data warehousing and information access program, will be held on February 6, 2001 at 12:00 EDT. Morris, who directs IDC's research on data warehousing, information access and knowledge management software, will discuss the "Unleashing the Power of CRM Analytics" during the Webcast as well as detail IDC's forecast for the analytic applications marketplace.

Questions to be answered by Morris during the Webast include: Should you build or buy an analytic application? Why will the verticalization of CRM packaged analytics be an important trend? What is IDC's forecast for the analytic applications marketplace?

The Henry Morris session on February 6 will be followed by a Webcast on March 13, 2001 that will be hosted by Claudia Imhoff, president of Intelligent Solutions, Inc. To register for the Henry Morris Webcast, please visit


Ascendix Technologies and Centerprise Information Solutions Form Strategic E-Business Partnership

Ascendix Technologies and Centerprise Information Solutions have announced a strategic alliance to provide mid-market companies with combined business consultancy, implementation services and support for their CRM initiatives. The two consultancies will collaborate on new client projects, in particular implementations of advanced CRM solutions requiring integration with back-office accounting systems.

Ascendix Technologies specializes in CRM implementations and has been recognized as a SalesLogix partner. Centerprise Information Solutions is a premier back-office integration firm and a national reseller of Sage and Great Plains financial software applications.

"We are on the beginning of a major movement in CRM ... connecting the front office with the back," explained Dean Williams, CEO of Ascendix Technologies. "It was important to address this with a top- notch back-office firm. This alliance complements Ascendix Technologies' CRM professional skills with Centerprise's experience implementing leading accounting technology. Together we provide the dedicated support and expertise companies need to implement seamlessly integrated CRM solutions."

For more information, please visit and


Paladyne and e- commerce support centers, inc. Close Merger

Paladyne Corp. announced it has completed the acquisition of e-commerce support centers, inc. ("ecom"), a privately held provider of electronic customer relationship management (e- CRM) solutions based in Jacksonville, NC.

Pursuant to the terms of the merger agreement, ecom shareholders receive an aggregate of 4,100,000 shares of Paladyne convertible preferred stock, mandatorily convertible into 8,200,000 shares of Common Stock upon stockholder approval of an increase in the number of authorized shares of Common Stock. In addition, ecom shareholders are receiving 4,500,000 warrants to purchase Paladyne Common Stock of which 4,000,000 will be exercisable in proportion to the exercise of presently outstanding Paladyne options and warrants by the holders thereof.

The transaction will be accounted as a purchase and Paladyne's results for the Fiscal Quarter ending February 28, 2001 will include ecom's results of operations only for the month of February. John Foster, Chairman and CEO of Paladyne will remain as chairman and CEO of Paladyne Corporation, while Terrence J. Leifheit, current ecom CEO, will become president and COO. The company will market its full suite of CRM solutions under the ecom brand.

Foster said, "We foresee tremendous growth opportunity in developing and delivering complete CRM solutions. We will address not only third-party customer support needs, but will use technology and our proprietary software to increase our clients' profitability. This, plus our ability to reach beyond only outsourced opportunities in a large and rapidly growing market, makes for a very exciting future."

For more information, please visit and www.e-

Rachel Rasmussen was a Web Editor of

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