BV Solutions Group Inc. and TRAQ-IT Inc. form joint venture
BV Solutions Group Inc. has entered into a joint venture agreement with TRAQ-IT, Inc., a provider of tradeshow software solutions.
Overland Park, Kan., June 11, 2003 -- BV Solutions Group, Inc. (BVSG), a global IT service provider delivering rapid, fully integrated front-end and technology intensive back-end business solutions, has entered into a joint venture agreement with TRAQ-IT, Inc., a provider of tradeshow software solutions.
With the support of BVSG's strong design and technical resources, TRAQ-IT will introduce innovative new solutions to the tradeshow and event industry.
Since 1998, TRAQ-IT desktop software has provided tradeshow managers with state-of-the-art solutions for planning, organizing, managing and reporting their tradeshow activities. Through the use of TRAQ-IT's tradeshow software, exhibitors are able to take full control of tradeshow information and logistics.
"BVSG combines the disciplines of engineering with cutting-edge technology, which makes TRAQ-IT Tradeshow Software Solutions an ideal addition to our services," said Gerald J. White, president and CEO of BVSG (www.bvsg.com). "TRAQ-IT provides the tradeshow industry with its first true practice management system. This tradeshow solution is consistent with our approach of helping businesses build their business."
"TRAQ-IT is delighted to work with BVSG to provide an unparalleled capability to deliver new products and integrated solutions to the tradeshow and event industry," said Dr. Robin Potter, principal and founder of TRAQ-IT. "This new joint venture is backed by BVSG's parent company, Black & Veatch Corporation, an 88 year old, $2 billion company with a proud heritage of providing solutions to its clients' toughest challenges. Together, we will focus on our unwavering commitment to the needs of the tradeshow and event industry."
The TRAQ-IT DESKTOP product tracks all shows and events in a single comprehensive database program, which provides easy access to personnel, inventory, displays, staffing, vendors and shipping. Automatic "pop-up" reminder screens for payments and "to-do" items ensure that tradeshow managers will not miss deadlines. Tradeshow managers can also produce comprehensive management reports with one keystroke.
The new TRAQ-IT ONLINE product combines the state-of-the-art planning and management DESKTOP product with the communication power and reach of the Internet. Developed in Microsoft's .NET technology, professional tradeshow managers can control all information and logistics, such as event schedules, expenses, budgets, staffing, shipping and inventory management. Internet access allows all tradeshow stakeholders to communicate and exchange information in real time, 24 hours a day, seven days a week.
The new TRAQ-IT EXHIBIT HOUSE product will provide a Web-enabled communication and planning tool to close the loop between the exhibitor and the exhibit house. An exhibitor will enjoy real time access to the activities of its exhibit house, including inventory management and shipping status, eliminating phone tag and email delays. The software will allow exhibit houses to communicate with multiple clients over a common platform anytime, anywhere.
"We're excited about this promising opportunity to apply our expertise in enhancing and developing new TRAQ-IT products for the tradeshow and event industry," said White. "We look forward to working with exhibitors and exhibit houses to maximize efficiencies and communications."
TRAQ-IT, Inc. is a provider of tradeshow software solutions. With headquarters in Overland Park, Kan., the TRAQ-IT system has been employed by over 800 companies in the United States and internationally. Visit TRAQ-IT online at www.traqit.com.
BV Solutions Group, Inc. (BVSG) is an IT service provider that delivers rapid, fully-integrated front-end and technology intensive back-end business solutions. BVSG excels in developing disciplined processes for executing highly technical projects within scope, on time and within budget. With headquarters in Overland Park, Kan., BVSG is wholly owned by Black & Veatch Corporation. Visit BVSG online at www.bvsg.com.
About Black & Veatch
Black & Veatch Corporation is a global engineering, construction and consulting company specializing in infrastructure development in the fields of energy, water and information. Founded in 1915, Black & Veatch serves its clients with conceptual and preliminary engineering services, engineering design, procurement, construction, financial management, asset management, information technology, environmental, security design and consulting, and management consulting services. Headquartered in Overland Park, Kan., the employee-owned company has more than 90 offices worldwide. Black & Veatch is ranked 78th on the Forbes "500 Largest Private Companies in the U.S." listing for 2002. The company's Web site address is www.bv.com.