Connective Technologies, Inc. Announces Corporate Reorganization and Introduces New Sales Executive.Business/Technology Editors HOUSTON--(BUSINESS WIRE)--Nov. 27, 2001 Connective connective - An operator used in logic to combine two logical formulas. See first order logic. Technologies, Inc. a provider of technology solutions to the insurance industry is pleased to announce their rebirth re·birth n. 1. A second or new birth; reincarnation. 2. A renaissance; a revival: a rebirth of classicism in architecture. as an independent entity effective October 2001. In September of 2000, 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. joined forces with a newly formed start-up to further the development of robust technology solutions. However, this past year has presented unforeseen financial challenges for the partnership, and with the downturn in the economy and limited venture capital availability, the future of the combined companies became uncertain. Exercising an exit opportunity, CTI terminated the relationship and became an independent entity enabling the further development of their web-based tools and services. The news was well received by CTI clients who look forward to the continued service and support of existing and future e-commerce projects. Regaining operational control, CTI has re-established their position in the technology solutions vendor market and is once again able to independently develop new products and services to support the technology needs of the industry. To manage the re-introduction and aggressive sales campaign Noun 1. sales campaign - an advertising campaign intended to promote sales ad blitz, ad campaign, advertising campaign - an organized program of advertisements sales campaign n → campaña de venta , Connective Technologies, Inc. has added a new member to senior management team. Lynda M. Stevens has joined the CTI staff as Assistant Vice President, Sales & Marketing and will be assuming the lead role in their sales initiatives. Ms. Stevens' extensive background in both insurance and technology will provide their clients with the business solution and the technological know-how that creates the basis of all successful projects. About Connective Technologies, Inc. Connective Technologies, Inc. is a leading provider of technology solutions for the property and casualty insurance industry. Connective's business solutions include Interface and Integration, Expert Underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. , eCommerce, Expert Systems (automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. workflow) and Web enablement, providing the ability to rate, quote, bind, issue, export ACORD ACORD Association for Cooperative Operations, Research and Development ACORD Agency for Cooperation and Research in Development ACORD Association de Coopération et de Recherche pour le Développement (French) AL3 files, and print, all in less than 8 minutes. For more information on CTI products and services, contact Lynda Stevens @ 781.369.1150 or lstevens@connective-edi.com |
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