December Business Bits

  • TELUS, one of the largest service providers in Canada, will offer the complete line of Tut Systems products for multi-tenant unit deployments, such as apartments, student housing, hotels, and commercial properties. To date, TELUS has deployed Tut's Expresso line of products at the University of Calgary, allowing Internet and other broadband services at various administration buildings and campus dormitories. Additionally, TELUS has utilized Expresso products to offer broadband services at select buildings at Canada's Department of Defense facilities in Vernon, British Columbia.
  • Transdyn Controls, Inc., has been awarded a 4-year, $10.7 million contract by New York's MTA Bridges and Tunnels (also known as the Triborough Bridge and Tunnel Authority) to design and build an Advanced Traffic Management System for the seven bridges and two tunnels operated by the Authority. The project, called ATM IDEAS (Advanced Traffic Management Incident Detect/Evaluate/Act System), includes designing, furnishing, and integrating new computer, communication, and software systems at each bridge and tunnel control center and the development of a new central Operations Control and Communication Center (OCCC). The Authority is the nation's largest bridge and tunnel authority, serving more than one million people daily.
  • Ellie Mae, Inc. has launched "Super Search," an online tool which allows mortgage brokers to search for and compare lenders' programs via the Internet. The Super Search engine retrieves participating lenders' products based on broker-specified criteria and provides a comparison of loan programs as well as current pricing. Loan originators can move the loan from the processing system to the Super Search engine with one click of the mouse, at which point Super Search reads the loan file and compares it with programs offered by other participating lenders.
  • Two Hacienda companies were among the five mentioned in a December 5 Forbes article entitled "The Overachievers." PeopleSoft and Washington Mutual were recognized for their excellent economic performance in the past year. PeopleSoft's sales and earnings both grew around 20 percent this year, far exceeding industry averages. Washington Mutual's earnings are estimated at 51 percent over last year's totals, which has allowed the company to increase dividend payments to shareholders.

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