Technology
Phoenix International inks distribution deal
Orlando Business Journal - by Paul Dillon
Maitland software developer Phoenix International Ltd. Inc. has signed a distribution agreement with Unisys Corp. of Blue Bell, Pa., a major provider of computer-based information systems.
Under the agreement, Phoenix and Unisys will co-market their wares in Latin America and the Caribbean. Terms of the deal were not disclosed.
"Unisys has 11 subsidiaries, 10 distributors and more than 1,900 information management professionals on staff," says Phoenix CEO Bahram Yusefzadeh. "Phoenix will have access to this skilled network, and that will allow us to increase our market awareness and penetration much faster than if we had to continue to identify and train individual distributors."
Phoenix develops, markets and sells banking software that handles various functions, including account management, transaction processing, financial reporting and profitability analysis. The software is developed for client/server computer systems, which consist of groups of personal computers that use a computer hub called a server to jointly work on processing tasks.
Phoenix, which recently raised $7.9 million in an initial public offering of its common stock on NASDAQ, has 20 customers worldwide and plans installations in 14 more banks. The company announced this month it earned $351,000, or 10 cents a share, on revenue of $2.1 million for the quarter ended June 30.
ACTA wants FCC response
Casselberry-based America's Carriers Telecommunication Association wants the government to address how use of the Internet to make telephone calls will affect existing telecommunications firms.
ACTA attorney Charles Helein wrote a letter this month to Federal Communications Commission Chairman Reed Hundt saying the FCC has been reluctant to examine the ways Internet telecommunications is harming traditional long-distance telephone firms. The FCC should formulate intelligent policy regulating the evolution of telecommunications, Helein says.
As new software and technology are developed to make telephone calls over the Internet easier, "a real danger to even the largest carriers in today's market continues to grow, and with it a danger for the vast majority of the telephone-using public and for Internet users themselves," according to an ACTA statement.
The FCC has suggested that technology, competition and access-charge reform can resolve the issues without the agency's intervention.
ACTA was founded in 1985 by 15 small long-distance companies. The trade association now has 175 members -- small and mid-sized long-distance firms across the United States -- and provides national representation before legislative and regulatory bodies.
CBIS makes move official
Cincinnati Bell Information Systems Inc. on Aug. 5 dedicated its $80 million, 200,000-square-foot data center in Heathrow, which processes more than 12 million telecommunications bills monthly.
Nearly 750 CBIS employees relocated to the new center -- on 35 acres off Interstate 4 -- from the company's former offices in Maitland.
CBIS centers in Heathrow and Cin-cinnati process bills for providers of traditional, wired telephone service, cellular service and cable television.
Dynamic sales up, losses down
Maitland's Dynamic Healthcare Technologies Inc. posted record high revenue for the second quarter ended June 30 but still lost money.
The health care software firm lost $155,000, or 2 cents a share, on revenue of $4 million, compared with a loss of $262,000, or 4 cents a share, on revenue of $2.2 million for the second quarter of 1995.
The firm is traded on NASDAQ under the symbol DHTI.
President and CEO Mitchel Laskey says $1.38 million of the recent quarter's sales stem from the May acquisition of Dimensional Medicine Inc. of Minnetonka, Minn., which became a subsidiary of Dynamic Healthcare and greatly widened the parent firm's product line.
"With our recent acquisition behind us, we are moving steadily to leverage opportunities for growth as we enter the second half of the year," Laskey says.
Dynamic Healthcare provides records management software and diagnostic imaging workstations for the health care industry.
Spaceport gets NASA grant
NASA announced it will provide $500,000 to the Spaceport Florida Authority for the development of infrastructure to support Florida-based commercial launch operations.
The funds, which will be matched by state government, will be used to enclose a portion of a mobile service tower and complete the first phase of a customer service center for the launch industry at the entrance to Cape Canaveral Air Station.
The money is being provided by NASA's Office of Space Access and Technology under a $3 million grant program for state-sponsored spaceport projects.
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