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BetaWatch Press Release
FOR IMMEDIATE RELEASE BetaWatch addresses Business Intelligence Community New York, United States Sept. 28, 2005 - BetaWatch Inc. founder Temi Grafstein delivered an address entitled Merging Internal and External Data, dealing with return on investment and IPO exit strategy, at the Business Intelligence Conference held at the Hilton in New York City. http://betawatch.com/address/05sep28businessintelligence.pdf Grafstein said that executives who ignore the new environment put their careers and more at risk. There are paths than can and should be followed that largely reduce the likelihood of the people in the executive suite finding themselves outside of today's required business practices. Good intelligence is nourishment for those in the corporate food chain. The people who drafted S404 and Bill 198 were familiar with the cutting edge of business technology, and understood that upper management needs to have an up-to-date audit (SAS70) of outsourced technology. A specific example of the need for an external business intelligence service is in accurately determining return on investment. A company developing an Initial Public Offering strategy would take this steps further, which would help to raise the amount of capital required, get the desired market distribution and, depending on objectives, perhaps sell some stock owned by senior management and founding institutional investors. Digital due diligence processes provide issuers of stock with written documentation to put into a placing document. Consider corporations hit by class-action claims because they failed to achieve forecast results. Team BetaWatch uses its proven proprietary processes to gather information and produce the report that lets you move on with confidence. For a copy of the PowerPoint Address, please send your request to: Greg Spenser Toronto 416.780.1677 ßeta Process Cycle and digital due diligence are registered trademarks of ßetaWatch Inc. All Rights Reserved. # # # # # # |
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