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Channel Intelligence Adopts Job Creation Plan
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Kissimmee, Florida - (Website Hosting Directory) - June 24, 2008 - Channel Intelligence has unveiled its plan to create 420 Osceola County jobs.
Commissioner Paul Owen remarked, ''The creation of 420 high-wage jobs is exciting, especially during these challenging economic times. Channel Intelligence is a leader in their field and a terrific example of why Osceola County is a great place to work and live.''
Osceola County Economic Development Department announced today that Channel Intelligence, Inc., code named Project Link, will be expanding their facility located in Celebration, Fla. Channel Intelligence will be creating 420 new jobs with an average annual wage of $55,400, which is 200% of the Osceola County average annual wage. Channel Intelligence will also be making a capital investment of $33 million as a result of the 125,000 square feet expansion.
Channel Intelligence, an innovative technology company, is the leading provider of commerce data interchange, facilitating web-initiated shopping experiences, supporting marketing programs for the world's best known manufacturing and retailing companies. Using its patented technology platform, Channel Intelligence relates and organizes chaotic product data to create and syndicate accurate, relevant selling information. The result is a seamless and enhanced customer buying experience, increased sales, cost reduction, and measurable channel effectiveness for manufacturers and retailers such as Best Buy, Panasonic, Neiman Marcus, Kodak, Circuit City, JVC, Spiegel and hundreds more.
Channel Intelligence was founded in 1999 by CEO, Robert S. Wight and Executive Vice President, Alan Fulmer. Channel Intelligence, a partner company of Internet Capital Group (Nasdaq: ICGE) and Aweida Capital Management, is headquartered in Celebration, Fla., with offices in Geneva, Switzerland and London, England.
Mr. Wight explained, ''We're excited by the future of our company and the growth that lies ahead. It has always been a priority for me and the company to share our growth with the local community and economy. We look forward to many more years here in Osceola County.''
Mr. Wight was a 2004 finalist for the Ernst and Young Entrepreneur of the Year Florida Award, and has overseen the development of the products and services that has made Channel Intelligence a leading e-commerce technology provider.
With product data as the core foundation of its marketing services, CI has created a database capable of storing, managing and optimizing hundreds of millions of products every day. Helping consumers easily find and buy products is CI's primary goal. CI works with some of the best solution providers in the industry and supports over 50 destination sites to benefit its customers which include hundreds of manufacturers and retailers such as Best Buy, JVC, Neiman Marcus Group, Panasonic, Spiegel, Circuit City, Target, Philips, ICE.com, Black and Decker, ShopNBC, Yamaha, and Overstock.com, among others.
Founded in 1999 by CEO Robert Wight and EVP Alan Fulmer, CI is a partner company of Internet Capital Group (Nasdaq: ICGE) and is headquartered in Orlando, Fla., with offices in Geneva, Switzerland and London, England.
To learn more, please visit: www.channelintelligence.com.
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