PRESS RELEASE Qbizm technologies
24.05.2000, 15:12
PRAGUE, May 24 (APROTEXT) - Qbizm technologies, Inc. alliedits forces with PriceWaterhouseCoopers
The new Czech internet start-up business Qbizm technologies,Inc. (http://www.qbizm.com), which was established this April asa result of a split of the R& D division from INET, a.s. (thefounder and operator of Czech biggest e-commerce site SHOP.CZ),allied its forces with PriceWaterhouseCoopers in order to managethe first round of financing of its activities with venturecapital.
Qbizm technologies is a sophisticated and technicallyadvanced Eastern European firm operating in the global market ofinnovative technologies (featured in the Wall Street StreetJournal Europe, May 18, 2000).
"The reason why we selected PriceWaterhouseCoopers as ourpartner in communication with venture capitalists in the firstround of financing is their global presence and experience ininternet finance raising, which has been demonstrated by theirPrague team's quality cooperation with the Internet companyNetCentrum and by their ongoing work with Globopolis, amongothers." said Peter K. Ulrich, the founder of INET, a.s. and theChairman of the Board of the newly established Qbizmtechnologies, Inc.
HyperQbs technology, developed in the R&D labs of Qbizm technologies,Inc., has already been awarded two first prizes at 'InternetWorld 2000', held in Prague. HyperQbs swept the awards in the category of "Development Software forWeb Applications" among nominees which included major playerssuch as Sybase and SilverStream.
The success of HyperQbs shows an innovative approach to presentation logic in Internetapplication development is the best solution to fill the presentgap in the market.
The architecture HyperQbs defines the component structure of the presentation logic ofJava and XML-based server-side applications as an extension toapplication servers. The technology HyperQbs enables complete separation of the work of developers andgraphic designers, generation of prototypes and fully re-usableplug-in J2EE-based components with presentation logic defined.
Issued by the Press office of Qbizm technologies, Inc. atTuesday, 23 May 2000For more information refer to:Qbizm technologies, Inc.Mr. Ryan BaergKralovopolska 139, BRNOCzech Republic+420 602 711 890press@qbizm.comhttp://www.qbizm.com
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