CAP Index Inc. Acquires CrimeCheck Inc. to Form World's Largest Crime Risk Information Source.PHILADELPHIA--(BUSINESS WIRE)--May 20, 1999-- CAP Index to Develop Aggressive Internet Marketing See Internet advertising. and Product Delivery Strategy Aimed at Businesses and Consumers CAP Index Inc., the leading provider of crime-risk information and vulnerability analysis In information operations, a systematic examination of an information system or product to determine the adequacy of security measures, identify security deficiencies, provide data from which to predict the effectiveness of proposed security measures, and confirm the adequacy of such , Thursday announced that it has completed the acquisition of CrimeCheck(TM), based in Houston. Terms of the transaction were not announced. Both firms are privately held. CAP Index, founded in 1987 by Dr. Robert M. Figlio, a former University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli. http://upenn.edu/. Address: Philadelphia, PA, USA. criminologist, and Steven Aurand, a statistician, provides unique crime-vulnerability forecasts based on crime data from throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . CAP's blue-chip client base includes leading petroleum companies, restaurant and convenience-shopping chains, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and insurance firms. Clients use CAP's expertise in planning new outlets, branches and distribution centers. (Visit CAP's Web site at www.capindex.com.) CrimeCheck, founded in 1997 by Jon Petersen and Don Craven, provides statistics on actual occurrences of eight types of crime for all U.S. communities. CrimeCheck data are available directly from its Web site (at www.crimecheck.com) as well as through the MSN (1) (MicroSoft Network) A family of Internet-based services from Microsoft, which includes a search engine, e-mail (Hotmail), instant messaging (Windows Live Messaging) and a general-purpose portal with news, information and shopping (MSN Directory). (TM) HomeAdvisor(TM) online real estate service. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Figlio, CAP's chairman and chief executive officer: "CrimeCheck and CAP Index are perfect partners. CrimeCheck has built a vast database of local crime statistics, drawn from over 12,000 sources. Its Internet-delivered reports are of broad value to individual consumers as well as businesses. "CAP Index's core expertise is using crime data to identify trends and the likelihood of future criminal incidents. Our longtime clients have made very effective use of CAP forecasts to plan their expansion across the country and to help manage their business risks. Jon Petersen will help take CAP's expertise to a much broader audience via an aggressive Internet strategy," Figlio said. Petersen, CrimeCheck's president, said: "Crime obviously impacts every individual and business in the United States. Individuals and businesses alike need to know about crime trends in their cities and neighborhoods in order to make informed decisions -- about where to buy a house or open a new branch office. "CrimeCheck's successful relationship with MSN HomeAdvisor demonstrates that there is a growing market for crime data and analysis. HomeAdvisor is the Internet's most complete guide for finding homes and loans, combining Microsoft technology with services and expertise from some of the most trusted names in the real estate industry. "CAP's new Internet See Web 2.0 and Internet2. strategy, which we will phase in later this year, will dramatically increase the availability of crime data and forecasting to the residential and business communities," Petersen said. CAP Index, with headquarters in King of Prussia King of Prussia, industrialized suburban area (1990 pop. 18,406), Montgomery co., SE Pa. It has glass and steel fabricating, food processing, printing and publishing, and varied manufacturing (textiles, liquified petroleum gas, water-treatment and electrical , Pa., pioneered the field of crime-risk information and vulnerability analysis. Figlio has written and spoken extensively on sociological, crime and security issues; he also specializes in premises-liability expert testimony Testimony about a scientific, technical, or professional issue given by a person qualified to testify because of familiarity with the subject or special training in the field. . CAP Index is the only source of precise, site-specific, up-to- date and objective crime-risk forecasts for the entire United States. CAP Index clients include 14 of the top 20 Fortune 100 companies, seven of the top 10 food companies, eight of the top 10 insurance companies, seven of the top 10 financial institutions and seven of the top 10 retailers. |
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