Thursday, May 8, 2008

Thin Film Metal parts moves

Thin Film Metal Parts has a new address, but the Eagle Electronics LLC subsidiary is still in the same northwest Colorado Springs building.
The company — which produces encoders, radio-frequency shields, electroformed mesh and other metal, glass and Mylar parts for the electronics, aerospace and medical industries — shared space until early February with former corporate sibling Photo Stencil.
After Boulder-based Kachi Partners bought Photo Stencil in June, Thin Metal Parts had to divide the space and operations the two companies shared at 4725 Centennial Blvd.The building was remodeled to separate the two companies and give each an entrance.
As a result, Thin Metal Parts is now located at 4733 Centennial Blvd. and has nearly doubled its space to give the company its own clean room and to accommodate additional support staff for accounting, information technology and other duties.
Thin Metal Parts now employs about 35 people, up from 25 before the split, and has acquired several new pieces of state-of-the-art equipment that will allow the company to expand its product line, said Craig Spitzfaden president of Thin Metal Parts.

Cipoletti named president of new coin unit

Ousted American Numismatic Association leader Christopher Cipoletti has been named president of a new subsidiary of Rare Coin Wholesalers of Dana Point, Calif.
Cipoletti will head a new division for retail sales called Rare Coin Consultants of America. He will work out of Colorado Springs and attend financial services and investment trade shows, said Steven Contursi, president of Rare Coin Wholesalers.
“Chris Cipoletti is the ideal person to oversee Rare Coin Consultants of America. He’s knowledgeable about the numismatic marketplace; he’s a strategic, visionary thinker; entrepreneur and motivator,” Contursi said in announcing Cipoletti’s hiring.
Cipoletti was executive director of the Colorado Springs-based American Numismatic Association for nearly five years before being fired by the organization’s board last fall “with cause.” He also is a lawyer and served as the numismatic association’s legal counsel

Wednesday, May 7, 2008

Qwest teams up with Verizon

Qwest Communications signed a five-year agreement with Verizon Wireless on Monday to provide wireless service to its customers beginning this summer, replacing Qwest’s wireless deal with Sprint.
Qwest customers will be able to get Verizon services bundled with their home phone or DSL package. Customers with Sprint wireless plans will be transitioned to Verizon service.

Monday, May 5, 2008

Navsys hires firm to help develop GPS business

Monument-based Navsys Corp. has hired Core Capital Group’s electronics and semiconductor unit to help it develop a business around global-positioning system (GPS) technology it developed for military uses.
The technology, called “Tidget,” is a small device with low power requirements that captures GPS data for use later in a variety of ways and has been incorporated in missile defense systems, said Loren Lancaster, managing director of Colorado Springs-based Core Capital.
“They have patents, developed prototypes and found there is tremendous demand for these applications in the consumer and commercial markets,” Lancaster said. Among the potential commercial uses for the Tidget technology is tracking livestock, he said.
Core is completing market research, developing marketing materials, identifying strategic partners and a management team, putting together a funding strategy to raise “tens of millions of dollar" and launching the operation within three to six months, Lancaster said.

Qwest, Verizon sign 5-year deal

Qwest Communications signed a five-year agreement with Verizon Wireless on Monday to provide wireless service to its customers beginning this summer. Terms of the agreement were not disclosed.

The Verizon agreement replaces Qwest’s current wireless deal with Sprint, although that agreement doesn’t end until February, 2009.

Qwest customers will be able to get Verizon services bundled with their home phone or DSL package and buy Verizon phones and services at Qwest stores and call centers. Qwest customers who have current Sprint wireless plans will be transitioned to Verizon service, Qwest spokeswoman Jennifer Barton said.

Springs firm wins Wyoming contract

Colorado Springs-based Managed Business Solutions LLC won a $2.28 million contract last month from the Wyoming Department of Revenue to upgrade 11-year-old software that tracks collections of sales, use, lodging, cigarette and estate taxes.
The company doesn’t plan to hire additional employees to complete the 18-month contract, which requires development of new screens for users to input data and get information from the software as well as a way for those paying tax to file reports on the Web.
Dan Noble, administrator of the department’s Excise Tax Division, said Managed Business Solutions was selected among seven bidders because of its experience in developing such software, its financial stability and the expertise of its software development team.
Managed Business Solutions is a subsidiary of Sealaska Corp., one of 13 corporations formed under federal law to benefit native Alaskans.