Company and tech news from the region.
Fewer IT jobs were lost last year
A study released recently by the American Electronics Association (AeA) showed that in 2004 the U.S. high-tech industry lost 25,000 jobs, dropping to 5.6 million. This decline in 2004 represents a considerable slowdown in technology jobs lost, compared to the 333,000 jobs lost in 2003 and the 612,000 jobs lost in 2002.
Cyberstates 2005 found that all but four states lost high-tech jobs in 2003, the most recent year for which state data are available. California and Texas lost the greatest number of tech jobs, shedding some 67,800 and 32,900 jobs, respectively.
New York and Illinois were also among the five states that lost the most high-tech jobs. Despite these losses, California and Texas remained the leading cyberstates by employment, followed by New York and Florida. California (916,000), Texas (446,000), New York (305,000), Florida (259,000), and Virginia (244,000) led the nation in high-tech employment in 2003.
10e20 expands Westchester office
New York-based Web designer 10e20 moved recently from Brooklyn to Fleetwood, a lower Westchester neighborhood.
The company said in the last six months it has hired ten new employees, opened a new office in Palm Beach, Fla., and increased its client base.
AdRem releases SNMP Manager
New York-based AdRem Software, a maker of network management products, released AdRem SNMP Manager.
The company said the product is for remote management of network devices via Simple Network Management Protocol (SNMP). Jointly with this product, the company released another toolset for network professionals, AdRem iTools. The latter is a collection of popular administrative utilities for network diagnosis and troubleshooting.
AdRem SNMP Manager provides a single enterprise console that consolidates and eases a wide spectrum of SNMP-related activities such as auto-discovery of SNMP devices, SNMP trap receiving and forwarding, as well as MIB viewing, compiling, loading, editing, and walking.
Netsmart buys assets of online learning company
Great River-based Netsmart Technologies Inc. acquired most assets of ContinuedLearning LLC of St. Petersburg, Fla., for $250,000 in cash, 20,000 shares of Netsmart stock and potential additional payments of up to $550,000 based on performance targets.
Netsmart subsidiary Creative Socio-Medics Corp. also has agreed to provide working capital to ContinuedLearning, which provides online learning to healthcare and human services providers. Netsmart provides software to the same market.
Elementool upgrades Bug Tracking
New York-based Elementool, a provider of Web-based project management, customer help desk and time tracking products, released of Bug Tracking 5.0, the latest version of its project management product.
Bug Tracking 5.0 is a Web-based product that enables software developers to track bugs within their software systems, prioritize issues and process assignments to team members, generate issue reports, send email messages between users, attach files, and process notes within a message board.
The system is fully Web-based, and allows for an unlimited number of users per project. It also allows users to customize the project management subscription account according to their special needs.
Symbol sues Intermec
Holtsville-based Symbol Technologies Inc. filed a patent infringement lawsuit against Intermec Technologies Corp.
The latest suit charges that Intermec infringed on several Symbol patents used in bar code scanning devices such as mobile computing terminals and hand-held scanners.
In June 2004 Intermec sued Matrics Inc., just before it was acquired by Symbol. Negotiations to forge a cross-licensing agreement faltered and in March, Symbol sued Intermec, charging it infringed on Symbol wireless patents. Less than two weeks later, Intermec countersued, saying that some Symbol data capture products infringe Intermec patents.
Got a local news story? Let us know about it. Send your local news to [email protected]