News | January 17, 2000

Ventana Corporation Now GroupSystems.com

Company's Breakthrough Collaborative Reasoning Services Now Online

Ventana Corporation has changed its name to GroupSystems.com to better reflect its new focus on Internet-enabled collaborative reasoning and knowledge management services.

The name change coincides with the announcement of a new Internet-enabled service, GroupSystems OnLine. This service enables individuals within and outside an organization to work together, regardless of time or place. Using GroupSystems OnLine they can share their wisdom, creativity and energy and quickly make sense of information to find innovative solutions to organizational and industry challenges.

"The name GroupSystems.com is a symbol of two key elements of our company vision," said Scott Edelman, president of GroupSystems.com. "It reflects our unique understanding of the techniques that allow people to work together and effectively create value. In addition, it emphasizes that the Internet has become a driving force in how our company and our customers operate."

GroupSystems.com enables new opportunities for innovation and decision-making with team members, corporate partners, customers and other stakeholders external to the organization. It allows organizations to tap into the specialized expertise of people around the office or around the world.

"The need for our service has grown as the pace of business ratchets up to higher levels," Edelman said. "People throughout organizations are swimming to keep pace with email, voicemail, faxes, memos and more. With the Internet, information is flowing faster than ever before. The ability to collectively evaluate it and make faster and smarter decisions is increasingly critical."

"GroupSystems.com offers unique group dynamics and goal attainment methods that allow groups to narrow in on key issues, generate ideas, organize information, prioritize alternatives, build consensus and ready themselves for action. As a result, groups see up to 90% reductions in process cycle times and 50% reduction in personnel costs," Edelman said.

GroupSystems.com, a provider of collaborative reasoning and knowledge management services, was founded in 1989 as Ventana Corporation by group support systems expert Dr. Jay Nunamaker and other researchers from the University of Arizona. Based in Tucson, its customer base includes IBM, Hewlett-Packard, Lucent, the Federal Aviation Administration, the Environmental Protection Agency, the Navy, Marine Corps and Air Force, Andersen Consulting, Ernst & Young, KPMG and PricewaterhouseCoopers. The company combines its award-winning GroupSystems services with its understanding of business processes, goal attainment methods and group dynamics to reduce personnel costs and project completion times while achieving exceptional results.

For further information visit the GroupSystems.com web site at www.groupsystems.com.