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Company and tech news from the region. First Albany picks Interface InterAction

Oak Brook-based Interface Software said First Albany Companies, an independent institutional investment bank with over 400 employees, has selected Interface Software as the centerpiece of the firm’s client relationship management (CRM) strategy. First Albany will be implementing InterAction to centralize and deliver mission-critical Relationship Intelligence. Prior to selecting InterAction, First Albany utilized a variety of databases, spreadsheets and custom contact management systems to manage customer data.

FasterMac.net upgrades dialup service

Woodstock-based FasterMac.net, a services division of Other World Computing (OWC), introduced TurboMac, an accelerated unlimited dialup service with local 56K access throughout the United States specifically for users of Apple computers. Using specialized software that enables on-the-fly data caching and data compression/decompression, TurboMac provides accelerated Web page display and email downloading. This is most visible when loading Web pages, which are able to fully display up to six-and-a-half times faster compared to standard, non-accelerated dialup services. Standard pricing starts at $139.95 for a yearly subscription (less than $11.67 per month), $37.95 quarterly ($12.65 per month) and $13.95 month-to-month.

Young-Peel new Blackwell HR director

Chicago-based IT consultant Blackwell Consulting Services (BCS) said Marlene Young-Peel, AGE, has joined the company as human resources director. Prior to joining BCS, Young-Peel was manager of employment and diversity at Exelon Nuclear. Before that, Marlene was the director of employment and employee relations at Bombardier Commercial Services. Blackwell also said it has selected Jackson, Miss., as its newest office site.

Selteco updates Flash Designer

Evanston-based Selteco releases a new version of Flash Designer 4 for Windows, a software tool for Web designers who want to use Macromedia Flash technology on their Web site. Flash Designer allows users to create Flash movies with animated images, texts and shapes. Users can use more than 130 predefined animation effects like Fade, Zoom, and Rotate. The built-in preview browser displays the movie exactly as it will appear on the Web. Once the animation is completed, the user can export a SWF file and generate the HTML code necessary to integrate the Flash movie with the Web page. Novice developers can export a sample HTML page with an embedded SWF file. Flash animations can play in opaque or in transparent mode, which allows placing the movie over other Web page elements.

Apropos settles shareholder suit

Apropos Technology Inc., an Oakbrook Terrace-based maker of order-processing software, agreed to pay $4.5 million to settle a lawsuit its shareholders filed in fall of 2001. The suit claimed that Apropos and several of its directors made false and misleading statements in regulatory filings related to the company’s February 2000 initial public offering. Apropos provided an inaccurate picture of its management team, saying co-founder Patrick K. Brady was an active member of the team when he had stopped playing an important role with company months before the prospectus was issued, the suit alleged.

Forsythe buys Atlanta consulting firm

Forsythe Solutions Group Inc., a Skokie-based technology services provider, acquired Atlanta’s National Business Group Inc. for an undisclosed amount.

National Business Group, with $40 million in annual revenue, sells information security and technical consulting to protect against computer hackers, viruses or other risks. Forsythe markets information technology services, including risk-management consulting and infrastructure reselling. The company plans to keep the majority of National Business Group’s 60 employees. Forsythe Solutions Group is the primary operating unit of its 33-year-old parent company Forsythe Technology Inc.

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