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03-13-01
FAST-GROWING ISIT.COM WILL MOVE TO KNOWLEDGE PARK.
ISIT.com, Erie's fastest-growing dot-com company, will relocate to Knowledge Park at Penn State Erie in July 2001.
"The high-tech infrastructure of the park and convenient access to the expertise and creativity of faculty, staff, and students make Knowledge Park the perfect location for us," said Ann Krugger, senior corporate recruiter of ISIT.com "We have grown from two salespeople and a webmaster when we started in 1996 to thirty-four people, and we expect to employ more than 100 by the end of the year. Unlike many dot-com companies, we've been in existence for six years, and we remain profitable."
The company expects to lease 14,100 square feet of space on the first floor of the second multi-tenant office building now under construction at Knowledge Park. The company will join Aalborg Industries and GE Transportation Systems' e-Business Division in the 200-acre park, a joint effort of the Greater Erie Industrial Development Corporation and Penn State Erie.
"I am pleased to welcome ISIT.com to Knowledge Park," said Peter F. Kay, president and CEO of GEIDC. "Its operations are well-suited to Knowledge Park's technology, and the company will have the space and infrastructure it needs to grow.
I also want to thank our partners, Penn State Erie and Harborcreek Township, whose continuing involvement in the development of Knowledge Park brings us great companies like ISIT.com."
Krugger said ISIT.com is the world's oldest and largest online technical resource center of technology information. Its Web site is a searchable online resource containing thousands of white papers, case studies, articles, and worksheets for industries dealing in the information technology and software markets. It provides users with solutions to their information technology questions and is utilized by e-commerce companies for extensive research.
ISIT.com's revenues for 2000 were $1.4 million, and revenues for 2001 are projected to reach $5 million. The Web site is host to more than 800,000 hits and an average of 30,000 visitors per month. It currently covers ten different technologies including e-business, mass storage, document management and imaging, customer relationship management, security, bar coding, data collection, enterprise resource planning, supply chain technology, and retail/hospitality. Plans are under way to add at least eight more technologies by the end of the year.
"Knowledge Park will be home to our entire data infrastructure," Krugger said. "The state-of-the art data center will be climate-controlled and will feature a keycard security system."
The raised floor in the data center will house Siemon-certified Gigabit Ethernet wiring as well as fiber optic cabling. All communication with the data center will be by 100 megabytes per second ATM, running on single-mode fiber, using Marconi ATM switching equipment. This Verizon TLC connection is the first of its kind in this region.
"ISIT.com is a excellent fit for Knowledge Park," said Dr. John Lilley, provost and dean at Penn State Erie. "The company will benefit from close proximity to the college's information technology programs, including management information systems, computer engineering, and two new majors, software engineering and computer science, that will begin in the fall of 2001." Potential collaborations include student internships; class and senior research projects; and faculty and staff consulting, research projects, technology transfer projects, and educational programming.
The company's strong growth requires a new location, Krugger said. The company office is currently located on Peach Street, but its entire operation will be relocated to the new Knowledge Park site.
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