Author: Archive

Neosphere Technologies Acquires Biceng Corporation

Posted by | Oct 3, 2001 | |

MCLEAN, Va.–(BUSINESS WIRE)–Oct. 1, 2001–Neosphere Technologies, Inc., the Northern Virginia-based information systems and e-business services company (OTC:NSPT – news), today announced the acquisition of BICENG Corporation of Vienna, VA, creator of the DigiPostal(TM) system for confidential Internet document delivery and on-line certification, authentification and verification of e-postal transactions.

At the same time, Neosphere (www.neosphere.com) acquired 20 percent of BICENG China, an affiliated company based in Guangzhou (Canton), which is developing similar services for the rapidly emerging Chinese market, including major government agencies.

Neosphere chairman and CEO George Filippides described the acquisitions as an important milestone in the development of a nationwide and eventually worldwide electronic postal service. “By combining the marketing and technology resources of Biceng and Neosphere, we will greatly accelerate the development of this exciting new service, which will receive a hugely significant boost when China enters the World Trade Organization later this year.

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TNT aims for leadership position

Posted by | Oct 3, 2001 | |

TNT Express is aiming to be the market leader for express, mail and logistic markets in Asia by the year 2005. According to Eric Chong, the national sales and marketing director of TNT Malaysia, the company is projecting a four-fold growth to achieve the aim. This projection is also included for Malaysia.

Speaking to Business Computing last week, Chong discusses two strategies the company has put in place to be the market leader. Firstly, the company is looking at using technology to drive the market. He adds that the company will continue to improve customer communications with the company, and systems development within the company.

Secondly, TNT also hopes to expand their market reach through merger and acquisition. “We are interested in companies that can value add to our solutions,” says Chong.

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Switzerland bails out airline

Posted by | Oct 3, 2001 | |

Switzerland on Wednesday stepped in to rescue Swissair, its grounded flag carrier, with an emergency injection of SFr450m ($278m) in public funds aimed at getting it back into the air from Thursday.

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Consignia says facing financial crisis; 'drastic' action needed

Posted by | Oct 3, 2001 | |

Consignia, formerly known as the Post Office, said it is facing a financial crisis and will need to cut its cost base by 15 pct or 1.2 bln stg by March 2003, according to an internal memo.

The document, leaked to the Communication Workers Union, admits Consignia is moving into a loss again for only the second time in 18 years and unless “drastic action” is taken the group “will fail as a business not just this year but in following years”.

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Coming up with the goods

Posted by | Oct 3, 2001 | |

Dallas-based dot corn retailer GroceryWorks has developed a lean,
competitive on-line selling operation, with the help of a focused
distribution strategy, supported by effective order fulfilment software

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e-Access Planned for Cuban Post Customers

Posted by | Oct 2, 2001 | |

In a cool room in a post office in Havana’s Vedado district, a row of seven young Cubans lean over computers that let them send e-mail, enter a single Cuban-run chat room and surf a small corner of the Internet. The center, which opened last month, is one of four such facilities in Havana, and the plan is for them to spread to post offices across the communist-ruled island. In a sense, they are like cyber-cafes without the coffee — or the full-fledged Internet. Their limitations typify Cuba’s slow entry into the cyber world. It is not that President Fidel Castro’s government has not seized on the Internet with enthusiasm as a tool to spread its political message and even sell its wares. The several hundred sites it has set up or approved in recent years range from details on the Communist Party and the single labor union through online state media, business, the arts and sports.

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