170 Systems Awarded for Best Technology Operations Application at the 2004 MITX Technology Awards Ceremony.BEDFORD, Mass. -- 170 MarkView System Recognized as One of New England's Most Innovative Technologies 170 Systems, a provider of business process management and document management software that integrates with leading ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. systems, has been selected as a winner in the category of Best Technology Operations Application for the 2004 MITX MITX Massachusetts Innovation & Technology Exchange Technology Awards. Held by the Massachusetts Innovation & Technology Exchange (MITX), the MITX Technology Awards recognize some of New England's most innovative technologies, individuals and companies that have made significant contributions to advance technology and innovation in the region. "Technology and innovation continue to thrive in New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. and our Award winners and special honorees are a true testament to that fact," said Leslie Cushing, executive director of MIMC MIMC Massachusetts Interactive Media Council MIMC Manitoba International Marketing Competition (Manitoba, Canada) MIMC Mobile Infirmary Medical Center MIMC Mercury IMC Ltd (hazardous areas security access devices) . This year's MITX Technology Award winners were evaluated on four primary criteria: the business solution provided by the technology; the technical merit of the technology; the scalability of the solution and the degree to which the technology is considered innovative. The 170 MarkView(TM) System is a unique combination of document management, business process management and ERP integration technologies that enables all information, regardless of its original source or format, to be captured, managed and routed online. The 170 MarkView System is tightly integrated with ERP systems such as the Oracle E-Business Suite A group of integrated Internet-based applications from Oracle. Introduced in 2001 as Version 11i, it includes modules for CRM, finance, human resources, supply chain management as well as applications for business intelligence. and PeopleSoft Financials, resulting in a single, unified system that is uniquely suited to streamlining financial processes such as accounts payable and expense management. "170 Systems is honored to be among the winners of this year's MITX Awards," said Dave Ellenberger, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of 170 Systems. "This award is a recognition of the hard work and talent of our entire 170 Systems team. We are focused on delivering world-class best practices solutions for ERP financial applications, and this award validates what our customers already know - that we can save them a lot of money and help them gain complete audit control of their core financial processes." The Awards were presented on September 22 at a ceremony at the Four Seasons Hotel attended by 200 of the region's top technology and business professionals. Additional award honorees included Ray Stata, chairman of Analog Devices for the Lifetime Achievement Award and Dr. Charles Vest, President of MIT MIT - Massachusetts Institute of Technology for the Innovation Influencer of the Year Award. For a full list of winners go to www.mitx.org/techawards. The 2004 MITX Technology Awards were sponsored by Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , Nixon Peabody LLP LLP - Lower Layer Protocol , TD Capital Ventures, Technology Review and The Barbarian Group. About 170 Systems 170 Systems, Inc. is a leading provider of business process management and document management software that integrates into ERP systems. Since 1990, 170 Systems has provided its customers with products that optimize core business functions, generating cascading cost savings. 170 MarkView is designed to extend the functionality of existing enterprise applications for business processes such as accounts payable, expense management and records management by integrating the management of the unstructured data including electronic (EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. , XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. , email, etc.) or traditional paper documents into ERP applications. 170 MarkView is deployed by Global 1000 companies in more than 40 countries. For more information about 170 Systems visit www.170systems.com. About MITX The Massachusetts Innovation & Technology Exchange (MITX), formerly known as MIMC, accelerates business opportunities and professional development for those who seek to create business advantage through the innovative application of technology and services. Serving more than 2,500 members from multiple industries including Internet, interactive marketing, healthcare, financial services and nanotechnology, MITX is the region's premier association for thought leadership, technology trends, building business relationships and professional training and development. MITX also offers its members the chance to promote their companies to targeted audiences through sponsorships, speaking opportunities and networking. MITX is headquartered in Boston. For more information please go to www.mitx.org. |
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