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Geobot Moves Headquarters and Prepares
for Growth
Memphis, TN (November 14, 2001) -- Geobot, the provider
of business integration software known as the Geoswitch™ , today
announced the scheduled move of its headquarters from downtown Memphis
to East Memphis’ Ridgeway Loop corridor. Geobot will begin operations
at the new address - 959 Ridgeway Loop Road, Ste. 200, Memphis, TN,
38120 - on November 26th of this year.
As part of the move, Geobot will also be leaving the downtown business
development program, EmergeMemphis, in which it has participated
for the past 15 months. Michael Terry, President of EmergeMemphis,
remarked that Geobot’s move is an important milestone, not only
for Geobot itself, but also for EmergeMemphis and the greater Memphis
technology community. "This is one of the most innovative, fastest
growing software development companies in the nation," Terry
said. "Having Geobot leave our program and elect to stay and
grow in Memphis is great news for everyone involved in local technology
development."
About Geobot, Inc.
Geobot is the provider of dynamically configurable integration software
known as the Geoswitch™ . Geobot’s information switching
technology provides a single framework for allowing multiple disparate
systems and applications to share information in real-time, and provides
users with a fast and reliable way to extend system functionality
through the use of "pluggable-logic". The Geoswitch™
is currently deployed within the Financial Services industry as an
integration framework for corporate cash management applications.
Founded in February 1999, Geobot is headquartered in Memphis, Tennessee,
and is privately held.
About EmergeMemphis
EmergeMemphis is a business incubation program that nurtures new companies
to maturity by offering services geared toward helping each company
establish clientele, receive business development training, and eliminate
the high start-up costs that discourage many potential business owners.
EmergeMemphis was launched in 2000 by Memphis Incubator Systems Inc.
For more information about the program and the 17 companies housed
there, please visit http://www.emergememphis.com.
Contact:
Darren Raybourn
Geobot, Inc.
901-261-8961
draybourn@geobot.com
David Latham
Delta Capital Management LLC
901-755-0949
yearwood@deltacapital.com |
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