Cofix Puts The "e" in IT; Silicon Valley Startup Offers Pure IT Management Application At No Cost Via Internet.Business Editors LOS GATOS Los Gatos (lôs gä`tōs, lŏs, găt`əs), city (1990 pop. 27,357), Santa Clara co., W Calif.; inc. 1887. It is an affluent residential community and health resort. , Calif.--(BUSINESS WIRE)--April 11, 2000 Cofix, Inc. (http://www.cofix.com), the online marketplace for IT services, today announced the availability of iCoraTM, a free, Web-based software application for helping small-and medium-sized Me´di`um-sized` a. 1. Having a medium size; as, a medium-sized man s>. Adj. 1. medium-sized - intermediate in size medium-size, moderate-size, moderate-sized businesses organize and track their information technology (IT) resources. "Most large corporations invest significant money for an application to monitor their hardware, software and network infrastructure," said Max Seybold, 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 Cofix. "Such an investment is difficult for smaller businesses to justify. However, Cofix gives them absolute control over, access to and security for this critical information, along with the ability to track service contracts and make intelligent purchases of the IT services they need to stay up and running. If your IT resources aren't aren't Contraction of are not. See Usage Note at ain't. aren't are not aren't be working optimally, you're simply not competitive in today's marketplace." Once members securely enter IT asset information into iCora, they will then be able to utilize Cofix' proprietary expert system (SmartMarketEngine(TM)) and automatically compare online quotations from a broad spectrum of pre-qualified service providers. The SmartMarketEngine is scheduled to launch later this quarter. The best part, 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. Seybold: "No salespeople sales·peo·ple pl.n. Persons who are employed to sell merchandise in a store or in a designated territory. will call to push proposals. We are truly in the business of saving time. We give our customers an application they need and give them access to services providers who match their profile - not the other way around. We offer the best of both worlds - free software applications integrated with a smart marketplace. We take care of it all via the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the , so there's no hardware to buy, no implementation migraines (tool) MIGRAINES - A graphical user interface for evaluating and interacting with the Aspirin neural network simulation. Utilities exist for moving quickly from an Aspirin description of a network directly to an executable program for simulating and evaluating that network. to endure and no training requirements." Cofix' business model is simple. It receives a commission from service providers when a customer buys IT services through its online marketplace. To date, Cofix has signed up thousands of member/buyers and more than 170 service providers nationwide with modest marketing efforts. Cofix has ensured the quality of service providers by hand picking them through a strategic alliance with Tech Data (NASDAQ/NMS: TECD TECD Training Equipment Change Directive ). About Cofix Cofix, Inc., headquartered in Los Gatos, CA, is focused on saving businesses both time and money in managing their technology investments. At the heart of Cofix is its SmartMarketplace where businesses can compare and buy IT services. The key to the SmartMarketplace is Cofix's SmartMarketEngine, which intelligently matches the best offerings from service providers with Cofix members' needs. Cofix members also can access complimentary Web-based tools like iCora to efficiently organize and track their IT infrastructure. For more information on Cofix, its SmartMarketplace or its free Web-based asset management tools, visit www.cofix.com or contact the company at 408.364.9700. |
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