SEA CORP selected winner of SBA technology award
Systems Engineering Associates Corporation (SEA CORP) has been selected as the Rhode Island Winner of the U.S. Small Business Administration’s highest national technology citation, the Tibbetts Award. This is the second year the company has received the award. Presented during a ceremony in Washington D.C., the award offers national recognition to individuals, small businesses and organizations involved with federal research and development through the agency’s Small Business Innovative Research (SBIR) program. SEA CORP, a privately owned small business founded in 1981, provided systems and software engineering services, primarily to government contractors. Headquartered in the Aquidneck Corporate Park at 62 Johnny Cake Hill, the company also has a branch office in Groton, Conn.
Earlier this year, SEA CORP was awarded two contracts totaling $15.3 million from the Navy, in conjunction with the Naval Undersea Warfare Center in Newport. In the past decade, despite an overall reduction in defense spending, SEA CORP’s annual revenues have grown from just over $1 million to $13 million. SEA CORP now performs work for Lockheed Martin, Raytheon, General Dynamic’s Electric Boat Division and several small businesses.
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InFront Solutions a new name for Masterworks Inc.
InFront Solutions, a provider of total e-Business technology solutions and project management based in Wakefield, Mass. has changed its name from Masterworks, Inc.
InFront Solutions is the latest venture of Mona Eliassen, founder and CEP of Eliassen Group Inc., which she began as a one person start-up. Today Eliassen Group is an $80 million IT consultant and staffing company.
Combining innovative ideas with leading edge technology, InFront Solutions provides companies with a menu of implementation, e-commerce, including Web site design, development and implementation assistance.
Verizon adds tools for reviewing phone bills online
Verizon is giving its New England customers new tools to slice and dice their phone bills while reviewing them online. Customers who go online to view their phone bills now will be able to sort calls by type (regional toll or long distance), by date and time, by number or location called, by length of call or by cost. A new lookup tool lets customers click on a phone number on the bill and see whom they called. The new Bill View pages also will make a full year’s bills available for review – the current monthly bill and the previous 11 bills.
The Bill View application is available at www.verizon.com. Customers go to the customer support page for Bell Atlantic customers. Customers need to register before the first time they use the online Bill View tool and should have a copy of a recent phone bill available during registration. They will select a password during registration so only they can access their bulling information online. The registration process is designed to protect the security and privacy of customer information.
Customers who want to pay their bills online can register for a direct debit bill payment option. Additional online payment options will be introduced soon, company officials said.
Newport company links local government with vendors
B2G-Markets Inc of Newport has devised a way to help local governments link with their vendors and suppliers through and E-Procurement marketplace.
According to the company there are more than 30,000 local governments in the U.S. which spend $393 billion annually, with more 10 percent or nearly $39 billion being spent on supplies used in day-to-day operations. B2G officials believe a large portion of this $39 billion will be transacted on-line within the next five years, and thinks it can help municipalities save and estimated 10 percent through its E-Procurement marketplace.
Though B2G-Markets service allows local governments to post items for bids on the Web site allowing interested vendors to bid on open items. Municipalities will have to capability to pool purchasing power for better pricing and increased choice in products and vendors. In addition, the company said vendors will have real time access to the latest RFQ’s and increased geographic reach.
Finally, company officials said vendors and governments alike would enjoy cost savings and efficiencies of e-commerce without the expense and risk of building their own system from scratch.
Nestor to help National Australia Bank fight credit card fraud
Providence-based Nestor Inc. in conjunction with alliance partner ACI Worldwide recently announced the licensing of PRISM risk management solution to the National Australia Bank for its operations both in Australia and New Zealand.
According to Nestor, the National will use PRISM to monitor ATM and POS transactions for credit card fraud.
Since its inception in June, PRISM has already saved the National some $2 million through the early detection of credit card fraud. According to Nestor, credit card fraud is growing at a rate of more than 30 percent a year in Australia, and was expected to increase even more as a result of the Sydney Olympic Games.
PRISM, a trademark of Nestor, is a proactive credit, commercial and retail card fraud detection and case management solution. The system monitors transactions using a combination of rules-based strategies and neural network software to detect fraud.
