CAP Ventures Expands European Presence; Adds "On Demand" Consulting Service to U.K.-Based Office; Appoints Director.NORWELL, Mass.--(BUSINESS WIRE)--Aug. 24, 1998--CAP Ventures today announced the formation of another, new European-based strategic consulting and research unit focused on the rapidly growing on-demand digital printing and publishing market. The European On Demand Service (EODS EODS Explosive Ordnance Disposal School EODS Electro-Optic Direction Sensor EODS Explosive Ordnance Disposal Squadron ), based in Luton, England, joins the company's European Communication Supplies Consulting Service Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" and the European Converging con·verge v. con·verged, con·verg·ing, con·verg·es v.intr. 1. a. To tend toward or approach an intersecting point: lines that converge. b. Digital Peripherals Consulting Service to round out the firm's portfolio of world-wide market research and consulting capabilities. In making the announcement, CAP Ventures' managing director, Charles A. Pesko, Jr., noted that EODS is a logical extension of the range of services offered to clients. "We are further validating val·i·date tr.v. val·i·dat·ed, val·i·dat·ing, val·i·dates 1. To declare or make legally valid. 2. To mark with an indication of official sanction. 3. CAP Ventures' competencies toward helping our global clients make informed decisions about their products, world markets, and advances in technology by establishing this new, complementary service in Europe", said Pesko. 'On demand' printing is a $20 billion segment of the $500 billion worldwide printing industry. With an annual growth rate of more than 20 percent, on demand printing is the fastest growing segment of the printing industry. The European On Demand Service will be headed by Elisabeth Bitsch -Christensen, a 14-year veteran of the database/computer-assisted publishing and graphic arts graphic arts: see aquatint; drawing; drypoint; engraving; etching; illustration; linoleum block printing; lithography; mezzotint; niello; pastel; poster; silk-screen printing; silhouette; silverpoint; sketch; stencil; woodcut and wood engraving. industries. Prior to accepting her role as EODS Director, Elisabeth was business development manager of AGI (Artificial General Intelligence) A machine intelligence that resembles that of a human being. Considered impossible by many, most artificial intelligence (AI) research, projects and products deal with specific applications such as industrial robots, playing chess, , Scandinavia's leading publisher of graphic arts magazines, and later became editor of ON DEMAND, a new trade and technical magazine. With her previous technical writing and documentation expertise, she is widely regarded for her broad knowledge of the computer publishing and on demand industries. "We are delighted to add a full-time European service to our already-successful on demand consulting practice," said Barbara Pellow, Director of CAP Ventures' On Demand Printing and Publishing Consulting Service. "We are especially thrilled thrill v. thrilled, thrill·ing, thrills v.tr. 1. To cause to feel a sudden intense sensation; excite greatly. 2. To give great pleasure to; delight. See Synonyms at enrapture. that Elisabeth Bitsch-Christensen has joined CAP Ventures. Her strong technical background, extensive knowledge of the on demand market, and her enthusiastic approach toward customers and the future of this industry will provide our clients with a exceptional level of expertise and service." Ms. Bitsch-Christensen becomes the ninth member of CAP Ventures' seasoned team of on demand industry consultants and analysts, and further broadens the firm's capabilities and commitment to the worldwide digital document industry. CAP Ventures is the leading world-wide market research and strategic consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a serving the document software, electronic imaging, document management and the digital printing and publishing industries. The company provides technology advice and market insights for vendors, manufacturers and corporate users. CAP Ventures' services include custom and subscription consulting, market research, seminars, training, industry conferences, trade shows and publications. CAP Ventures ranks #69 on the 1997 Inc. 500 list of America's fastest growing privately held companies privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. . http://www.capv.com
CONTACT: CAP Ventures Ltd.
Elisabeth Bitsch-Christensen, 011 44 1582 400120 (office)
011 45 44 66 80 20 or 011 45 43 46 63 65 (direct)
or
John Miller, 781/871-9000 x124
john_miller@capv.com
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