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Purplewire/DEALTEK® Announce Online Demo of Advanced
Decision Support Software for Capital Investment Projects
5/13/2002 - After three years of research and development,
DEALTEK, Ltd. and its technology partner, Purplewire, LLP are proud
to announce the launch of DEALS™ (Development, Expansion and
Location Solutions™), a web-based proprietary project management
and decision modeling software. A comprehensive online demo now
can be accessed at https://www.deals.dealtek.com.
This multi-purpose software tool was developed for
use by companies, economic development authorities, realtors, consultants,
and other service providers engaged in capital investment projects.
Users will find the software a valuable research, planning, forecasting,
and organizational tool for virtually all cap-x transactions involving
business operations and facilities. By combining project data, specifications
and variables from many different sources, DEALS allows even complex
projects to be assessed, modeled, and decided in days, not months
or years. The software was designed especially for a location search,
business expansion or consolidation, relocation or other strategic
business move, and competitive benchmarking among companies or locations.
According to Rhett Weiss, Chairman and CEO of DEALTEK®,
the developer of DEALS software, "DEALS increases efficiency
by saving time, money, and missteps in major projects. The bottom
line is that DEALS improves the speed, quality, and comprehensiveness
of strategic project planning, negotiations, and decision-making."
In an uncertain economy, "it is especially important to minimize
the often disruptive, excessive, and unnecessary allocation of resources
to a project in its early stages," said Weiss.
DEALS is packed with functionality. DEALS enables
users to collect, pre-screen, compare and manage detailed demographic
and economic data from thousands of locations in every county of
the U.S. DEALS is pre-loaded with regularly updated demographic
and economic data, plus has almost 2,000 links to other data sources.
Through sophisticated, but user-friendly technology, DEALS combines
this detailed location data with user-entered project specifications
and company projections. Then, DEALS searches, scores, ranks, and
computes the costs in all of the location and transaction choices,
based on user-defined and user-weighted decision criteria. The user
can augment this comparative analysis with "what ifs"
of the data and alternative sets of business projections, to establish
the optimal operating environment for the project.
Each project analysis allows users to forecast and
compare estimated start-up costs, costs of doing business, and the
real, monetary impact of incentives and enterprise zones on project
costs. In addition, the software drastically reduces the time required
for negotiations, by identifying and focusing the user on the highest
impact deal points. It also effortlessly manages multiple project
assignments and even multiple scenarios within a single project.
As an online software package, DEALS efficiently
communicates project data and decision choices across geographic
barriers in 24/7 real-time. The result is that DEALS facilitates
excellent collaboration within a project team or among different
parties to a project. DEALS web-based software is hosted by Purplewire’s
highly secure servers with monitoring and intrusion detection. All
communications and transmissions between Purplewire’s servers
and the user’s computer are protected by state-of-the-art
encryption technology. The "ASP" (application service
provider) approach with DEALS allows continuous on-line access to
updated data with no need to download the software, data files,
or additional software updates. DEALS does all the work.
DEALTEK founder, Chairman and CEO Rhett Weiss will
be demonstrating DEALS at Realcomm 2002, June 17-19, in Las Vegas.
This demo will be available at the conference to showcase the software’s
functionality. DEALS is available by subscription at 1-866-DEALTEK
or through the DEALS web site at https://www.deals.dealtek.com.
DEALTEK provides technology solutions, management,
consulting, and other project support for strategic business decisions
regarding the development, expansion, consolidation, location and
relocation of businesses and facilities. Rhett Weiss is a recognized
expert and innovator in the field of capital investment projects.
He has an extensive professional background in negotiating, structuring,
and closing complex transactions involving real estate, business,
governmental and utility interests. In his career, Rhett has represented
businesses, economic development authorities, property developers,
capital providers, and other parties in over $15 billion worth of
property transactions alone.
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