Centillion Data Systems, Inc. Merger Brings New Public Company to Indianapolis.Business Editors/Hi-Tech Writers INDIANAPOLIS--(BUSINESS WIRE)--Feb. 13, 2001 Anthony P. Johns, President and 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 CTI (Computer Telephone Integration) Combining data with voice systems in order to enhance telephone services. For example, automatic number identification (ANI) allows a caller's records to be retrieved from the database while the call is routed to the appropriate party. Group (Holdings) Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CTIG CTIG Counter Terrorism Intelligence Group CTIG Combat Targeting and Intelligence Group (Langley, AFB,VA Air Combat Command) ) announced today that the headquarters of CTI Group will move to Indianapolis. CTI Group announced today that they have successfully closed the merger of that company with Centillion cen·til·lion n. 1. The cardinal number equal to 10303. 2. Chiefly British The cardinal number equal to 10600. Data Systems, Inc. of Indianapolis and Celltech Information Systems, Inc. of Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the . CTI Group had been headquartered in Valley Forge Valley Forge, on the Schuylkill River, SE Pa., NW of Philadelphia. There, during the American Revolution, the main camp of the Continental Army was established (Dec., 1777–June, 1778) under the command of Gen. George Washington. , Pa. Centillion Data Systems' other business units will be spun off and wholly owned by CDS Holdings, Inc. CTI Group will be housed in the North Alabama North Alabama is a region of the U.S. state of Alabama, generally thought to include these 12 counties: Cherokee, Colbert, DeKalb, Franklin, Jackson, Lauderdale, Lawrence, Limestone, Madison, Marshall, Morgan, and Winston, with a combined population of 953,247, or 20. Street building now occupied by Centillion Data Systems. According to Johns, approximately 40 percent of the 180-plus employees of CTI Group will be located in Indianapolis. The rest will be in locations in Texas, Pennsylvania and the United Kingdom. "Indianapolis offers an affordable standard of living for CTI Group's staff and the potential for high-technology growth in coming years," Johns said. "Access to skilled personnel is improving and the quality of information technology educational institutions based in Indiana promise an expanding pool of talent." The new headquarters was welcomed to the city by Indianapolis Mayor Bart Peterson. "Because of our strong economy, continued focus on information and technology and central location, Indianapolis is uniquely ready to be an 'Information Crossroads of America "The Crossroads of America" is a nickname given to the state of Indiana as it, and, more specifically, the city of Indianapolis is the hub for several major Interstate highways that criss-cross the state, connecting Hoosiers to the rest of the United States. ,'" Mayor Peterson said. "The addition of another corporate headquarters - especially a new high-tech leader - will help continue our positive climate for high-tech, high-growth businesses in Indianapolis." Johns said the offices now housing Centillion Data Systems in the former Sears, Roebuck building in the 300 block of North Alabama Street will be expanded to accommodate CTI Group headquarters. One of four operating companies under the corporate umbrella, CTI Data Solutions, Inc., also will be located at the Alabama Street building. William M. Miller William M. Miller was an American author and missionary who served in Iran. He served for The American Board of Foreign Missions of the Presbyterian Church from 1919 to 1962. , formerly Senior Vice President of Centillion Data Systems, Inc., has been named Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of CTI Data Solutions, Inc. The CTI Group is poised to become a premier worldwide provider of software and services for billing management and call traffic analysis for the telecommunications industry. The companies forming CTI Group include: -- CTI Group of Valley Forge, Pa., is a 30-year-old company that was among the first to introduce personal computer-based call accounting and billing solutions. CTIG develops, markets and supports telemanagement solutions for corporate users of telecommunications services and customer billing solutions. CTIG's products include Nereus (North America), Proteus (Europe and South America) and Neptune call accounting and billing software. -- CTI Data Solutions, Inc. (formerly Centillion Data Systems, Inc.), is a growth-oriented software development and information services company established in 1983 in Indianapolis. Centillion pioneered the electronic billing process for the telecommunications industry and introduced its flagship product, Smart Bill(R), in 1988. Since that time, the company has continued to improve its products and reinforce its leadership in the electronic billing market. Long distance carriers, wireless carriers and local exchange companies use the SmartBill system to enhance customer acquisition and retention by turning the customer's billing information into a strategic business asset. During the 12 months leading up to the closing, the company has been developing a new, as yet unnamed, convergent billing product. -- CTI Billing Solutions, Inc., (formerly Celltech Information Systems Inc.), is based in Houston. Celltech also was founded in 1983. The company provides billing, rating, printing and mailing services to the telecommunications industry, focusing on the wireless segment. The company also manages complex, time/usage sensitive billing issues. The merger is a milestone in the development of high technology, communications-related businesses in Indianapolis. "This merger completes the base of a powerhouse in the technology industry, which will grow its resources internationally through acquisition and expansion," Miller said. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion