VANCOUVER, British Columbia, The
following was
issued today by Robert Kramer, Director, Current Technology
Corporation (OTC Bulletin Board: CRTCF
-L):
Current Technology Corporation (the "Company") has launched its new
website at http:/
/www., "The posting of our site will mark the beginning of
an intensive media relations campaign.
Based on a 2004 study sponsored by SAP AG to understand
information technology (IT) adoption trends
, SBTI confirmed that small
companies in the United States are embracing new approaches to integrate
and automate their core business processes and systems.htm), integrated Business
Management Applications
interact with the critical functions of the
business, providing managers with the key benefit of
accessing
comprehensive, consistent and timely information across their entire
operation.
"To compete and grow in the global economy, small businesses need to make
informed decisions based
on a timely and integrated picture of what's
happening throughout the company, and until now, these
capabilities were
out of reach," said Andrea Peiro, CEO and practice director of Market
Intelligence
for the Small Business Technology Institute. The
trend to integrate technology tools across
multiple business functions is
evident with 27 percent of small businesses in the U. making efforts
to
bring together their financial, marketing and operational systems.
-- Small businesses
have good data infrastructures, but rarely use them
to share knowledge. About 50 percent of
small businesses have found
substantial competitive advantage in the uses of these types of software
applications, even if as many as 40 percent feel today's solutions do not
fully meet their
requirements.
-- Cost is the leading driver of Business Management software purchasing
decisions among small businesses. The report was sponsored by
SAP, the world's leading provider
of business software solutions, as part
of its efforts to advance the study and understanding of
small and midsize
business market trends.
About the Small Business Technology Institute
The Small Business Technology Institute (SBTI) is a non-profit, public
benefit corporation that
fosters the adoption of information technology
among small businesses.
For more information, visit
http://www.org or call
(408) 494-0212.
systems computers
S."
Integrated business systems and
automated
processes are no longer the exclusive domain of large companies, according
to a report
by the Small Business Technology Institute (SBTI), a non-profit
organization that fosters technology
education and adoption among small
businesses. These solutions are the key to enabling small
business
managers to evolve to an analytical, data-driven management style,
where decisions are based on an
accurate view of present and future needs,
opportunities and capabilities of the business.
-- Small businesses find substantial value in the use of Business
Management Applications. Survey
respondents underscored that cost
is the primary decision factor in the acquisition of technology
tools,
followed by ease of implementation and use. This is evidence of an
extremely pragmatic
and business-driven approach to technology choices.
Download a complimentary copy of the report
and learn more about market
intelligence from the Small Business Technology Institute at
http:
//www.org.sbtechnologyinstitute.web top
S."
Robert Kramer, president and CEO of Current Technology added
, "We are in
the process of expanding our efforts to make the TrichoGenesis technology
available
worldwide. The
study also confirmed only 7 percent of small businesses have currently
deployed fully integrated business management applications such as small-
scale Enterprise Resource
Planning (ERP), indicating a great opportunity
for the development of integrated business management
applications tailored
for this market. Local Area Networks (LANs) (78 percent) and broadband
Internet access (82 percent) are pervasive, but only a fraction of small
businesses use
networked applications to acquire and analyze data from
multiple functions of the business or
to communicate and collaborate with
supply chain partners. Qualified survey
respondents were
1,083 small businesses in the United States with 1-300
employees and less than $100M annual revenues
.
All trademarks are the property of their respective owners.top web
com. The web site provides extensive
information on the two separate and distinct products emanating from the
Company's proprietary
TrichoGenesis platform that offer help for those
concerned with their hair: CosmeticTrichoGenesis
(CTG) and
ElectroTrichoGenesis (ETG).
According to Peter Laitmon, Director of Sales and Marketing
for Current
Technology for the U.PRESS RELEASE Integrated Systems and Processes a Top Priority for
Small Businesses According to SBTI Study
"
Technology Adoption Trends Suggest Bright Future
for Business Management
Applications
-- Demand is growing rapidly for technology tools to
help small
businesses acquire, store and analyze data from all their functions. Knowledge and
product fit are the
most critical factors in driving successful technology adoption.
Principals
are most often the decision makers and they tend to rely heavily
upon their personal knowledge
and traditional media sources (89 percent),
but also place growing importance on alternative
resources, such as the
opinion of their peers (85 percent), other users (47 percent), value added
resellers (16 percent) and consultants (37 percent).sbtechnologyinstitute. SBTI provides information
technology awareness,
education, consulting, and support services to businesses with 1 to 300
employees
, with a focus on disadvantaged categories.top rings
Featured on the site is the CTG Mark 5, which is used
in the United States
for CosmeticTrichoGenesis sessions. The Mark 5 is an ergonomic chair attached
to a semi-spherical hood whose electrodes generate low frequency,
low-intensity electrostatic
pulses to predetermined current levels and wave
characteristics.
Contact SBTI
According to the report, titled "The Future
of Integrated Business
Management Applications in the Small Business Market"
(http://www.org/mi
/research.
-- Small business owners, CEOs and presidents are the decision makers for
technology
choices in their companies. SBTI also provides
technology developers and vendors with market intelligence
and knowledge to
ensure the development of products that meet the needs of small businesses.top web
The
CTG Mark 5 is marketed to improve the appearance of
thinning hair. We now can educate U. consumers
and cosmetic
professionals about CosmeticTrichoGenesis, as well as introduce our technology
to
those in other parts of the world.sbtechnologyinstitute. This results in actionable insights into marketing
effectiveness, operational efficiency and financial performance. "Business
Management Applications
represent a radical shift in the way small
businesses integrate disconnected systems, automate manual
processes and
improve business performance.systems top
Current Technology Web Site Goes Live
current-technology
. We are poised to educate consumers, and
expand distribution to spas and salons.S.
About the
Report
This 2004 study employs the Small Business Technology Institute's
Technology Adoption
Index, a sophisticated model that assesses the position
of small businesses in the technology adoption
lifecycle.systems computers
A community sponsored library.
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