| Rainmaker Expands Asia and Offshore Capabilities with Acquisition of Philippines-Based ...
CAMPBELL, Calif., July 23 /-- Rainmaker Systems, Inc. (NASDAQ:RMKR), a leading provider of sales and marketing solutions combining hosted application software and execution services, today announced it has acquired privately held Qinteraction, an offshore call center located in the central business district of Manila, Philippines. Founded in 1999, Qinteraction operates on a 24/7 basis in support of its clients' business needs, providing a variety of business solutions including inbound sales and order-taking, inbound customer care, outbound telemarketing and lead generation, logistics support, and back-office processing. The Company generated approximately $6.8 million in revenue in calendar year 2006, and has a diverse base of more than 27 clients, with US clients accounting for approximately 75% of revenue and local Philippines-based clients accounting for approximately 25% of revenue.
Authorities shut down Fla. telemarketing firm
A telemarketing firm accused of using murky promises of discounts and free vacations to trick thousands of consumers across the nation out of millions of dollars was temporarily shut down Wednesday, federal officials said. The Federal Trade Commission took action against Strategia Marketing Inc., also known as Suntasia Marketing, following a federal judge's temporary civil injunction. The judge also froze the assets of the company and its executives and allowed federal regulators to inspect and copy the company's business records. According to federal civil court records, more than 5,000 people complained to authorities that the telemarketing firm, operating under at least 15 business names, used deceptive and confusing sales tactics to get consumers to reveal their bank account information.
Feds shut down telemarketer in fraud investigation
LARGO, Fla.— A telemarketing firm accused of using murky promises of discounts and free vacations to trick thousands of consumers across the nation out of millions of dollars was temporarily shut down Wednesday, federal officials said. The Federal Trade Commission took action against Strategia Marketing Inc., also known as Suntasia Marketing, following a federal judge's temporary civil injunction. The judge also froze the assets of the company and its executives and allowed federal regulators to inspect and copy the company's business records. According to federal civil court records, more than 5,000 people complained to authorities that the telemarketing firm, operating under at least 15 business names, used deceptive and confusing sales tactics to get consumers to reveal their bank account information.
This Week's IPOs Part I: Amedica Corp. , Concho Resources, Dolan Media Co.
Abbi Adest submits: IPOs on tap for this week include: Amedica Corp. (AMCA) an orthopedic implant company; Concho Resources Inc. (CXO), an independent oil and natural gas company based in Midland, TX; Dolan Media Company (Toronto: DM.TO - News), a leading provider of business information and professional services to the legal, financial and real estate sectors. .
FYI Miami
MIAMI 21 MEETINGS: The City of Miami is to hold public meetings this month on a proposed new zoning code and blueprint for growth, Miami 21, outside of the city's eastern quadrant. Commissioners required staff to hold the meetings to ensure that all residents are able to participate in shaping the plan. A schedule of the meetings, to occur through early September, is at www.miami21.org. The growth plan divides the city into quadrants. The eastern quadrant is under review.
CARNIVAL COSTS: The Carnival Center for the Performing Arts has no plans to ask for money from Miami's community redevelopment agency, said President and CEO Michael Hardy, although Commissioner Tom�s Regalado says Miami-Dade County may ask the agency to allocate 35% of its revenue to the arts center.
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