Corporate Profile for AnnuityNet, Inc., dated February 28, 2003.Business Editors/High-Tech Writers --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.
Published Date: February 28, 2003
Company Name: AnnuityNet, Inc.
Address: 2350 Corporate Park Drive, 6th Floor
Herndon, VA 20171
Main Telephone
Number: 877/835-5820
Internet Home
Page Address
(URL) www.annuitynet.com
Chief Executive
Officer: Shane Chalke
Chief Financial
Officer: Carl Serger
Investor Relations
Contact: Carl Serger
Business number: 703/234-0150
E-mail address: salesinfo@annuitynet.com
Public Relations
Contact: Liz Schwarzman
Business number: 703/234-0015
E-mail address: lschwarzman@annuitynet.com
Industry: Technology
Company Description: AnnuityNet, Inc., a Herndon, VA-based software technology company founded in 1997, pioneered the Web-based approach to powering transactions in the annuity annuity: see insurance. annuity Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities. market space with an 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 platform that connects all industry constituencies - carriers and manufacturers, distributors and point of sale representatives - into a seamless, secure and information-rich process. After becoming the first company to engineer paperless annuities on the Web, AnnuityNet designed and delivered technology solutions for 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. institutions that are transforming the way the industry sells and services annuities. AnnuityNet's Web technology currently processes over 30,000 annuity transactions per month over the Internet. AnnuityNet was founded in 1997 by well-known actuary actuary One who calculates insurance risks and premiums. Actuaries compute the probability of the occurrence of such events as birth, marriage, illness, accidents, and death. and entrepreneur entrepreneur (än'trəprənûr`) [Fr.,=one who undertakes], person who assumes the organization, management, and risks of a business enterprise. Shane Chalke, and is owned by a blue-ribbon consortium of financial industry organizations, including GE Equity, Lincoln Lincoln, city and district, England Lincoln, city (1991 pop. 79,980) and district, Lincolnshire, E England, in the Parts of Kesteven, on the Witham River. Financial Group, Conning Capital Partners, FBR FBR Friedman, Billings, Ramsey Group, Inc. (investment firm) FBR Fast Breeder Reactor FBR Federal Benefit Rate FBR Foundation for Biomedical Research FBR Foundation for Blood Research FBR Fluidized Bed Reactor Financial Services Partners, SunLife Financial, Phoenix Life, Ohio National Financial, and Bank One. |
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