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Impact Labs Recognized as Innovator; Frost & Sullivan Presents Impact with Company of the Year Award.


Business Editors

COLUMBIA, Md.--(BUSINESS WIRE)--Sept. 25, 2003

Leading Market Research Firm Picks Impact as One of the Year's Most Innovative Companies in Compression and Encryption Software Encryption software is software whose main task is encryption and decryption of data, usually in the form of files on hard drives and removable media, email messages, or in the form of packets sent over computer networks.  Sector

Impact Labs today announced that it has received the 2003 Company of the Year Award in Encryption The reversible transformation of data from the original (the plaintext) to a difficult-to-interpret format (the ciphertext) as a mechanism for protecting its confidentiality, integrity and sometimes its authenticity. Encryption uses an encryption algorithm and one or more encryption keys.  and Data Compression data compression

Process of reducing the amount of data needed for storage or transmission of a given piece of information (text, graphics, video, sound, etc.), typically by use of encoding techniques.
 from the leading market research firm, Frost & Sullivan. The Award was presented to Impact's President and Chief Executive Officer, Rick Faint, at Frost & Sullivan's 2003 Excellence in Emerging Technologies Awards Banquet, held during the firm's Annual Executive Summit last night in Boston.

"Impact Labs was named Company of the Year Award for developing innovative compression software and pioneering a wide variety of client applications," said Jim Smith There are several famous people with the name Jim Smith, including:
  • Jim Smith, a football (soccer) player and later manager, currently in charge of Oxford United.
  • Jim Smith, former NFL and USFL wide receiver
, Frost and Sullivan industry analyst. "These achievements are especially meaningful when we consider how much emphasis businesses and institutions place on providing their customers with fast and secure access to their digital content."

As part of the selection process, Frost & Sullivan examined six key criteria, including technological innovation and leadership within the industry; proof of success executing a restructuring; technology and/or marketing strategy; improvement in customer satisfaction and customer loyalty levels; and increased name/brand recognition. Analysts conducted interviews with end users, distributors, and suppliers as well as extensive primary and secondary research via the bottom-up approach to determine recipients in each category.

"Impact is very proud of the recognition bestowed upon it by Frost & Sullivan," said Rick Faint, president and chief executive officer, Impact Labs. "Over the past 12 months, we've reinvented Impact by rolling out new products, developing new partnerships and sales channels, and capturing more business. This award affirms the efforts of the entire Impact team, whose creativity and hard work made this achievement possible."

Among Impact's significant achievements, the company recently introduced a line of high-performance Master Archive(TM) image compression Noun 1. image compression - the compression of graphics for storage or transmission
compression - encoding information while reducing the bandwidth or bits required
 servers and Impact POINTLess(TM), an add-in for Microsoft(R) PowerPoint(R) that automatically optimizes and compresses PowerPoint presentation files. Organizations are employing Impact's software to reduce the size of their image files so they can be transmitted faster across the Internet and other wired or wireless networks, and require less storage capacity. This creates time savings for senders and recipients and also reduces bandwidth and storage costs.

About Frost & Sullivan

Founded in 1961, Frost & Sullivan is recognized as a global leader in growth consulting. Frost & Sullivan Awards A Sullivan Award may refer to:
  • Algernon Sydney Sullivan Award or Mary Mildred Sullivan Award; awarded at 29-grantee institutions of the Algernon Sydney Sullivan Foundation.
 are presented to companies that demonstrate excellence in their industry, commending the diligence, commitment, and innovative business strategies required to advance in the global marketplace. Frost & Sullivan rigorously analyzes specific criteria to determine award recipients in a vast variety of market industries and landscapes. For further information, visit www.frost.com.

About Impact Labs

Impact Labs, Inc. develops advanced compression and encryption software helping organizations gain competitive advantage by improving productivity and dramatically reducing costs associated with storing, distributing, viewing, and securing digital information. The company's innovative products deliver immediate ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot).  by optimizing network storage requirements and bandwidth utilization while protecting valuable data through enhanced security.

Formed in 1996, Impact Labs is a private company serving customers from diverse industries including defense, health care, media, 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.
 and education. Impact's products are distributed via value-added partnerships with companies such as AOS (Alternative Operator Services) Operator services provided by a third-party organization. See operator services.

1. AOS - /aws/ (East Coast), /ay-os/ (West Coast) A PDP-10 instruction that took any memory location and added 1 to it.
, BestSolutions, DataBolts, Diversified Marketing Consultants, Galaxy Scientific, Morningstar Systems, the Stout stout, alcoholic beverage: see beer.  Company Ltd., Tensor tensor, in mathematics, quantity that depends linearly on several vector variables and that varies covariantly with respect to some variables and contravariantly with respect to others when the coordinate axes are rotated (see Cartesian coordinates).  Data, and Digital River. Please visit Impact Labs on the Web for more information: www.impactlabs.com.

Copyright (C) 2003 Impact Labs, Inc. All rights reserved. Master Archive(TM) and Impact POINTLess are trademarks of Impact Labs, Inc. Microsoft(R) and PowerPoint(R) are registered trademarks of Microsoft Corporation (company) Microsoft Corporation - The biggest supplier of operating systems and other software for IBM PC compatibles. Software products include MS-DOS, Microsoft Windows, Windows NT, Microsoft Access, LAN Manager, MS Client, SQL Server, Open Data Base Connectivity (ODBC), MS Mail, . All other trademarks and registered trademarks are property of their respective owners.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 25, 2003
Words:606
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