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Business 2002 P16



Energy CIS achieves 'challenger' status
Peace Software has been ranked as a market "challenger" in META Group's recent update of the METAspectrum.

IntelliWhere launches mobile workforce starter kit to accelerate data automation for field crews
IntelliWhere™ launched the new Mobile Workforce Starter Kit, an out-of-the-box solution that enables organizations to automate the delivery and use of spatial and asset data to field crews using personal digital assistants.

Itron reports 53% increase in third quarter net income
Itron Inc. Wednesday reported its financial results for the quarter ended September 30, 2002. Third quarter revenues of $73.1 million were 20% higher than third quarter 2001 revenues, and were a new record, slightly exceeding the record set last quarter of $72.4 million.

Brazil national bank allows AES subsidiary to defer regular payment
The Brazil National Bank for Economic and Social Development has agreed to defer until Oct. 28 an $85 million payment due by an AES subsidiary.

Standard & Poor's lauds Progress Energy as one of the most financially transparent
Progress Energy was recognized for providing investors with the most complete information regarding its finances, operations and corporate governance practices, according to a new study.

Oce-USA wins award for best-in-class field service organization
A Chicago-based provider of digital document management and delivery technology has won an award for field service organization at the Association for Services Management International.

Sure Power Corp. cited for business success by Connecticut Quality Improvement Award Partnership
In a move that spotlights Sure Power Corporation's business success, the Connecticut Quality Improvement Award Partnership (CQIA) will honor the company with a 2002 Gold Innovation Prize.

New online research library opens door to applied GIS research
Intergraph Mapping and GIS Solutions have launched the Team GeoMedia® Online Research Library, a web site detailing both ongoing and completed applied research in the geosciences.

TXU cuts dividend 80 percent; stock price falls
TXU Corp. has announced that it would cut its quarterly dividend by 80 percent. In addition, its overseas division, TXU Europe, is offering for sale all or portions of its business.

ABB joins Main.net's subsidiary as shareholder and strategic partner for power line communications
ABB has formed a strategic and financial partnership with Power PLUS Communications, Main.net Communications Ltd.'s joint venture for Power Line Communications in Germany and Austria.

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