ActivePhoto and Vectiv Announce Technology Alliance.Business Editors/High-Tech and Real Estate Writers SUNNYVALE, Calif.--(BUSINESS WIRE)--Nov. 10, 2000 Vectiv will Utilize ActivePhoto's Wireless Image Publishing Solution to Deliver the Most Comprehensive, Web-Based Solution for Real Estate Procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. and Development ActivePhoto, the leading developer of wireless digital imaging applications, today announced an alliance with Vectiv Corporation, a solutions provider that enables businesses to more effectively acquire and manage strategic real estate assets. Vectiv's first product, the Strategic Real Estate Solution (SRES SRES Seniors Real Estate Specialist SRES Special Report on Emission Scenarios (Intergovernmental Panel on Climate Change) SRES Senate Resolution SRES Signed Response SRES Surgically Remediable Epilepsy Syndromes SRES System Resource ), is a hosted application that enables location-based businesses to identify, evaluate, acquire and develop new sites faster, more efficiently and at lower cost. Vectiv will integrate ActivePhoto's wireless digital imaging solution into its platform, further enhancing the most comprehensive real estate solution available. ActivePhoto's proprietary camera application software enables users to label images directly on the camera and transmit the images via a data-enabled cell phone. The digital photos are intelligently archived based on the user-generated label information and instantly published to the Web. From image capture to online viewing, the entire process takes less than one minute per picture. The system is easily integrated into any software or ASP solution and designed to maximize efficiency for any photo-intensive workflow The automatic routing of documents to the users responsible for working on them. Workflow is concerned with providing the information required to support each step of the business cycle. . "Vectiv has developed a comprehensive solution for strategic real estate decision makers and is an ideal partner for ActivePhoto," said Shane Dyer, 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 ActivePhoto. "This relationship represents ActivePhoto's first step towards cultivating an indirect distribution channel in the real estate market." Vectiv's SRES is the first and only Web-based solution that manages the comprehensive workflow required by real estate decision makers, dramatically compressing com·press tr.v. com·pressed, com·press·ing, com·press·es 1. To press together: compressed her lips. 2. To make more compact by or as if by pressing. 3. the time necessary to open new sites. The result is a significant savings in time so that revenue flows sooner, resources are leveraged and costs are reduced. Launched in October, the SRES is being used in pilot programs at several Fortune 500 companies in the retail, restaurant and hospitality industries and will be commercially available in Q1 of 2001. "ActivePhoto's imaging system provides a critical functionality to the SRES," said Francesco J. Rockwood, president and CEO of Vectiv. "Real-time communication with images is extremely valuable to real estate decision makers, enabling professionals in the field to make images of a site instantly available online. We recognize the tremendous potential of the ActivePhoto Wireless Imaging System and believe it is a natural fit with the SRES." About ActivePhoto ActivePhoto is the leading technology provider of wireless imaging systems for businesses and consumers. ActivePhoto's wireless application software resides on digital cameras and transmits pictures to the Web with the push of a button. ActivePhoto technology transforms digital cameras from PC peripherals to Internet appliances Also called "information appliance," "smart appliance," and "Web appliance," it is a device specialized for accessing the Web and/or e-mail. Designed for ease of use, it plugs into a telephone jack or LAN connection for Internet hookup. . ActivePhoto's business solutions serve industries including insurance, online commerce and content, public safety, and real estate. The company was founded in 1999 and is headquartered in Sunnyvale, CA. For more information, visit ActivePhoto on the Web at http://www.activephoto.com/. About Vectiv Corporation Vectiv is the first company to apply the power of the Internet to the challenges of real estate acquisition and development for location-based businesses. Designed specifically for strategic real estate decision makers, Vectiv offers a Web-based, hosted application that integrates third-party information resources (1) The data and information assets of an organization, department or unit. See data administration. (2) Another name for the Information Systems (IS) or Information Technology (IT) department. See IT. , sophisticated analytical analytical, analytic pertaining to or emanating from analysis. analytical control control of confounding by analysis of the results of a trial or test. tools, and workflow management capabilities into an easy-to-use, customizable, and collaborative software This is a list of collaborative software (or list of groupware) applications. Wiki software is on a list of wiki software. Open source or free software The following are open source or free software applications. solution. Vectiv is an end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. that improves and accelerates every phase of the complex real estate acquisition and development process. Vectiv was founded in 1999 by a team of real estate and technology executives and is privately held, backed by Convergence Partners and campsix, Inc. The company is based in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden ; more information on the company, the Vectiv solution, and Vectiv's partners can be found at www.vectiv.com. |
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