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SNET Competes
for Cable Business
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Business New Haven
4/6/1998
By: BNH
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NEW HAVEN - At a launch party staged at the Farmington Public Library on March 11, SNET became the first company to compete in the state's cable TV market by signing up customers for its new cable service, SNET americast. Offering 80 channels, interactive on-screen programming, and parental control features, SNET americast is being marketed in the Hartford area for $24.95 a month (for expanded basic service) and will be available to more than a third of all households in the state by the end of next year. Operated by a consortium that includes BellSouth, GTE and Disney TeleVentures, SNET americast was formed after the state's Department of Public Utility Control granted SNET the first statewide cable franchise in the U.S. in 1996.
Cognitronics Sales
Surge 70 Percent
DANBURY - Cognitronics Corp., a leading manufacturer of voice processing equipment, reported fourth quarter sales revenues of $7.1 million, up 47 percent over the last quarter in 1996, and record sales of $29.5 million for 1997, a 70-percent jump over the previous year. Net income rose from $1.1 million in 1996 to $3.6 million in 1997. The company attributed the fourth quarter surge to a 17-percent rise in sales to the British telecommunications market and a 68-percent increase in domestic sales, especially those related to the company's flagship product, McIAS 1623/IP, which is marketed to switch manufacturers, competitive access providers and local exchange carriers.
Expansion Plans for CMS
SHELTON - Following a year of record growth, Corporate Management Solutions Inc. recently announced plans to introduce four new software products in 1998 and add as many as 50 employees to its rapidly expanding workforce. A leading developer of software solutions for stock-option administrators and corporate secretaries, the company doubled its staff in 1997 to 85, tripled its office space to 15,000 square feet, and signed up 400 new customers worldwide. The company's flagship products include Express Options Desktop, the first Web-based self-service application for companies that offer stock option plans, and Express Options for Windows, which was recently chosen as one of the “Top 100 Software Products for 1997” by Accounting Today magazine.
New Business Services
From Bristol Technology
DANBURY - In response to increased demand from customers, Bristol Technology is beefing up its Professional Business Services Organization to include Rapid Application Porting, a comprehensive program customer teams can use to develop cross-platform solutions, as well as an intensive cross-platform development course designed for organizations that face interoperability issues across multiple platforms. The two-day training course is geared to developers, programmers, quality assurance engineers and technical support staff involved in porting Windows applications to UNIX.
NETPLEX Acquires Third ISP
HARTFORD - To establish a stronger presence in the Danbury area and Fairfield County, NETPLEX Internet Services recently acquired Internet 84, an Internet service provider based in Danbury. Though terms of the agreement were not disclosed, the takeover represents the company's third major acquisition in two years, having previously merged operations with Connecticut Online and Avon Computing. Promoting itself as the fastest Internet provider in Connecticut, NETPLEX provides direct dial-up access to the Internet, direct UNIX shell access, and UUCP connections to about 4,000 business and residential customers in the state.
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