Managed Business Solutions, a global IT consulting and outsourcing firm, has moved its corporate headquarters from Fort Collins to Colorado Springs to accommodate the company’s growth.
Currently operating 35 locations in the United States, Canada, South America and Europe, MBS offers a range of outsourcing services, including data center management, application management and custom development. MBS also recently expanded into business intelligence.
“The MBS business intelligence model ensures that business strategy drives technology decisions,” said Steve Miller, a 12-year industry veteran who is leading the program. “Companies are able to make use of the data that drives key management decisions with advanced reporting and analysis tools.”
MBS has doubled in size in the last 18 months, and expects a similar growth rate for the next few years.
“The expansion in both location and service allows us to build strength in our management team by recruiting from a broader area, including both Colorado Springs and Denver,” said Richard Noe, president and chief executive officer.
Are you an emerging biotechnology or medical device company in the Rocky Mountain region with a stellar business plan that you’d like to present to a panel of national venture capitalists?
“If so, the organizers of BioWest 2006 want you to submit applications and business plans for the Venture Showcase being held Aug. 23 at the Colorado Convention Center,” said Christine Shapard, director bioscience and emerging technologies for the Colorado Office of Economic Development and International Trade.
Seven companies will be chosen to present at this year’s showcase, which will be judged by a panel of national venture capitalists. Each competing company will have 10 minutes to present its technologies and business plan.
The most compelling presentation will receive the $10,000 Faegre & Benson Venture Showcase Award during the Colorado BioScience Association Annual Awards Dinner on Aug. 24. This is the second year Faegre & Benson has sponsored the cash award for the contest.
“Colorado is experiencing an unprecedented level of new company formation in the life sciences market,” said Rex O’Neal of Faegre & Benson. “The venture showcase program draws attention to young Colorado companies that experience has shown will have profound impacts on our health, communities and economy.”
Dr. Dan Stinchcomb, CEO of InViragen, said participating in the program and winning the award in 2005 provided his company with much-needed exposure.
“You get the opportunity to inform your peers and a panel of venture capital investors about your company’s plans,” Stinchcomb said. “Of course, winning the award provided additional press; people across the country heard about InViragen and our success.”
Applications for the Venture Showcase competition may be downloaded from www.biowestconference.com. Completed forms must be submitted by June 8 to Denise Brown, firstname.lastname@example.org or 1625 Broadway, Suite 950 Denver, CO 80202
BioWest is a joint venture of the Colorado Office of Economic Development and International Trade and the Colorado BioScience Association.
XAware Inc. has released an upgrade of XA-Suite 4.
“This new release of the XA-Suite allows SOA (service-oriented architecture) initiatives to be developed much more efficiently,” said Darin Black, product manager. “This gives our customers the ability to condense multifaceted development efforts into one easy-to-use design environment.”
The company also has deployed Annuity XCelerator for Sammons Financial Group’s insurance subsidiaries.
The product connects the annuity business of SFG’s insurance subsidiaries to its broker/dealer network by using the insurance services group of the Depository Trust and Clearing Corp.
XAware’s Annuity XCelerator product connects carriers to the DTCC to facilitate post-issue processing of annuity contracts. The product acts as a secure, standards-based gateway between the carrier and its broker/dealer network. The gateway integrates a carrier’s internal systems with the DTCC to process dissemination of asset pricing, financial activity reporting, positions and valuations, commission reports, customer account transfers and others.
Amy Gillentine covers technology for the Colorado Springs Business Journal.