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Company and tech news from the region.

Mansell’s Nance named by magazine

Atlanta-based Mansell Group, a maker of technology enabled marketing and customer relationship products, said its founder and president Allen Nance was named one of the “40 Under 40,” a distinction given to prominent Georgia residents by the editorial staff of Georgia Trend Magazine.

Mansell also offers database management and customer intelligence to its clients.

BTG forms subsidiary company

BTG Enterprises, an Atlanta-based IT solutions firm, formed a subsidiary company, Clear Compliance Inc.

Clear Compliance will be responsible for the marketing, sales and future product developments of Clear Compliance, a Web-based enterprise-wide compliance management application originally developed by BTG Enterprises.

Clear Compliance helps companies manage federal, state and local regulatory compliance issues, and offers the ability to easily manage, monitor, and track regulations affecting their businesses.

BroadSource names new CEO

Atlanta-based BroadSource Inc. named Vincent Brennan CEO. Tripp Rackley, the company’s current chairman and interim CEO, will remain chairman.

Brennan was most recently with Digital Insight. BroadSource provides telecommunications expense management technology.

Video Display director steps down

Atlanta-based Video Display Corp. said Carleton Sawyer resigned as a member of its board.

Sawyer was the senior independent member of the board and served in that position since late 1984.

Video Display Corp. designs, develops, and manufactures technology for display requirements for military, medical and industrial use with emphasis on high-end training and simulation applications.

MAPICS CFO to resign in November

Atlanta-based MAPICS Inc. CFO Michael Casey was to leave the company at the end of November to join a private Atlanta-based software company as its COO and CFO.

Casey joined MAPICS in 2001. MAPICS provides ERP, CRM, and supply chain management software and professional services.

Royal Bank of Scotland buys Lynk Systems

The Royal Bank of Scotland completed its $525 million acquisition of Atlanta-based electronic commerce and payment services company Lynk Systems Inc.

Lynk employs 550 at its Atlanta headquarters and has a national network of more than 400 sales employees. Lynk is considered the sixth-largest non-bank acquirer and the ninth-largest merchant acquirer in the United States. In addition, Lynk is the third-largest processor of ATMs in the United States.

Logility acquires Demand Management

Atlanta-based Logility Inc. recently bought certain assets and the distribution channel of privately-held Demand Management Inc. for $9.5 million in cash.

St. Louis-based Demand Management provides supply chain planning systems marketed under the Demand Solutions brand. Demand Management will immediately become a wholly-owned subsidiary of Atlanta-based Logility and Mike Campbell, president and CEO of Demand Management, will remain with the company as president of the new subsidiary.

Availity chooses Inflow

Inflow-Atlanta, a provider of outsourced technology services, announced the addition of new customer Availity L.L.C., a provider of e-health transaction services.

Availity optimizes the flow of information between health care providers, health plans and other health care stakeholders through a secure, collaborative Internet-based exchange, thus removing administrative inefficiencies, reducing costs and improving the patient experience in the health care system.

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