| Averox Becomes Oracle Partner Network Member in the Commercial Business Space
Averox (Pvt) Ltd, a wholly owned subsidiary of Averox Inc. (OTCBB:AVOX), announced today that it has become an independent software vendor (ISV) Partner for Oracle in Pakistan. "As an ISV Partner of Oracle we are very pleased to be able to offer our customers the best solutions targeted to meet their specific business needs by combining Averox' expertise with Oracle software products," said Mr. Salman Mahmood President and CEO of Averox Inc. "As certified members of the Oracle Partner Network, we can deliver specialized industry applications that rely on the performance, reliability, scalability and security of Oracle software. Oracle Accelerate solutions combine Oracle's enterprise-class applications with its partners' expertise and rapid implementation tools to create industry-tailored solutions that are packaged, priced and delivered by partners specifically for SMBs (small and medium sized businesses) and SMGs (small to mid-sized state and federal agencies)," he continued.
BookWoman fights to keep site as similar stores in U.S. close
In early November, on the same weekend Austin was celebrating two book festivals — the Texas Book Festival and the Austin Jewish Book Festival — Susan Post, the owner of Austin's BookWoman book store, quietly announced that she needed to raise $25,000 by last week if she hoped to pay off debt and keep the store open. The store would need another $25,000 by Christmas to pay for the down payment on a new lease and the installation of new store fixtures. The store, which has been located at West 12th Street and North Lamar Boulevard for the past 13 years, loses its lease Feb. 1. Post's plea wasn't ignored. Well-wishers from across the country have donated money via the store's fundraising Web site, www.savebookwoman.com, and bought books via the store's Web site. Post says she's already raised some $20,000, $5,000 of which came from a small group of anonymous supporters.
AT&T debuts new mobile phone on Black Friday
AT&T Inc. and LG Electronics MobileComm USA Inc. have released a new mobile phone in time for the holiday shopping season, the companies said Monday. AT&T and LG Electronics' new "Shine by LG" is a multimedia device that includes video, music and camera features and a 2.2-inch mirror LCD screen. The device also has a 2.0-megapixel camera with Bluetooth capability. San Diego-based LG Electronics is a North American subsidiary of LG Electronics Inc., which is a global manufacturer of products in the consumer electronics, home appliances and mobile communications markets. San Antonio-based AT&T (NYSE: T) is the nation's leading wireless company. .
News in Brief
In the photo at right, board chairman Philip "Jeff" Norton, bank president Chris Wells and chief operating officer Richard Leonard stand next to a new sign outside the Dukes County Savings Bank's Edgartown office. Signs for the new Martha's Vineyard Savings Bank will go up around the Island Tuesday following the Veterans Day weekend electronic merger of the Martha's Vineyard Co-operative Bank and Dukes County Savings Bank. Banking regulators issued their formal approval for the combined bank last month. This weekend, the two banks will formally combine their separate operations into one. Beginning Tuesday, Nov. 13, all customers may begin using any of the bank's eight branches and its Island-wide ATM network, as well as the ATM located in the Woods Hole ferry terminal. The new bank web site, www.mvbank.com, will also be available to customers.
CoStar Lead Street (Nov. 11-17): Sellers: Eager; Bankers and Buyers: Not So
In this week's issue of CoStar Lead Street, you'll find everything from CEOs analyzing market conditions to college football - really. With financing terms uncertain, buyers are holding onto their cash; one new survey tells us the price of living in college football towns and another tells us where new churches are coming from; NorthMarq gets into the property brokerage business and Schuster raises spending money. Plus, we tell you where corporations have decided to grow and give you the latest major properties under contract. No Lack of Capital or Sellers, Just a Lack of Interested Buyers Third quarter corporate earnings conference calls put today's real estate environment into clearer perspective. Companies are less likely to bite on deals, but there is no lack of sellers pushing product and capital doesn't appear to be too constricted, just that lenders are a little more demanding.
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