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Local analysts agree: Colorado Springs is indeed feeling the repercussions of an economic downturn in the stock market. Both the NASDAQ and Standard & Poors indices recently fell to their lowest points in two years. “The business isn’t there,” said Gary Cuddeback, director of economic development for the city of Colorado Springs. “The money isn’t… Continue Reading Colorado Springs affected by slowing economy (4792)

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Colorado Springs affected by slowing economy

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Local analysts agree: Colorado Springs is indeed feeling the repercussions of an economic downturn in the stock market. Both the NASDAQ and Standard & Poors indices recently fell to their lowest points in two years. “The business isn’t there,” said Gary Cuddeback, director of economic development for the city of Colorado Springs. “The money isn’t… Continue Reading Colorado Springs affected by slowing economy

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Supercomputer manufacturers settle lawsuit

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It’s easy to take for granted all the things we surround ourselves with: cushy cars, cellular phones, fast computers. We don’t always look at the work that took place behind the scenes: long hours, daily headaches, depleted personal checking accounts, and business deals that take years to close. One man who contributed greatly to the… Continue Reading Supercomputer manufacturers settle lawsuit

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Created in 1991, the Colorado Institute for Technology Transfer and Implementation at CU-The Springs has assisted a number of high-technology businesses in defining and marketing their products. But with the passage of years comes change — and CITTI is not exempt from it. CITTI, an arm of CU’s school of business, was created through a… Continue Reading High-tech institute evolves with changing needs

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Essica Williams, director of the Colorado Institute for Technology Transfer and Implementation, will leave her position with CU-The Springs on Sept. 1. Williams said that although Colorado Springs has been good to her, she is looking forward to retirement. She and her husband plan to spend their days spoiling their grandson, who is now two… Continue Reading Director of tech. implementation institute retires

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Database-management company NeoCore LLC was granted two patents last December by the U.S. Patent and Trademark Office. The Colorado Springs-based company’s patent for its method of performing a sliding-window search allows digital-pattern processing (DPP) to search for multiple and varying signatures – such as a word in a text file – at split-second speed. This… Continue Reading Briefs: Database-mgmt. co. granted two patents+

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High tech incubator names CEO

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Community leaders involved in the implementation and development of the technology incubator can breathe a sigh of relief now that a new president and CEO has been chosen. Gary Markle, a long-time Colorado Springs businessman and successful entrepreneur, was the chosen leader from nearly 300 applicants from around the country. Four board members extensively interviewed… Continue Reading High tech incubator names CEO

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Federal Express plans two new buildings in CO

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Federal Express isn’t done growing yet. The national shipping company plans to erect two more buildings on its 28-acre Rocky Mountain Technology Center campus on Voyager Parkway in northern Colorado Springs. The Business Journal discovered in June 1999 that the company was building its first building, a 156,000-square-foot structure in Northgate. FedEx spokesman Ed Coleman… Continue Reading Federal Express plans two new buildings in CO

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With the cost of energy rising and many businesses finding themselves in a financial pinch one local school system may have found a way to keep costs down. Colorado Springs School District 11 recently implemented a pilot program whereby a building’s heating and cooling is produced by a geothermal method. The guinea pig for the… Continue Reading Colorado Springs school implements pilot program for geothermal heating

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Virtual reality used to be a concept that kids and teenagers experienced through goggles or futuristic helmets. Now, that perception has changed with the introduction of a local full-swing virtual reality golf simulator. Pappy’s Golf Club, located in the Millennium Health and Fitness club at 4390 Arrows West Drive, caters to golfers over the age… Continue Reading Colorado Springs’ virtual golf course plays like indoor country club

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