Business Digest


April 05, 2004

Assured Decisions pays off fund's loan of $100,000 in 2 years

Assured Decisions LLC, an information technology company, paid off a $100,000 loan from Jim Rouse Entrepreneurial Fund in two years and has graduated to traditional financing with Citizens National Bank.

The fund provided the loan in December 2002 to help Assured Decisions expand its engineering staff. According to Mike Genna, executive vice president and chief financial officer, Assured Decisions has doubled in size and revenue.

The company works on information system security, serving clients such as the National Security Agency and corporations that support intelligence agencies, such as Computer Sciences Corp. and Eagle Alliance.

Software publisher nears millionth-client milestone

Achievement Technologies Inc., software publisher of the online instructional program SkillsTutor expects to reach the milestone of having served 1 million users sometime this spring.

Educators, parents and school organizations who guess the date when the one-millionth user registers for the service will be eligible to win a free year's subscription (worth $4,000) or a hand-held personal data assistant.

The company's school division is based in Columbia. Corporate offices are in Newton, Mass.

To enter: www.Achievement

Sysco Food Services building an addition

Sysco Food Services of Baltimore broke ground March 20 on a 50,000-square-foot addition to its warehouse distribution facility in Jessup.

The project, scheduled to be completed in late summer, will provide additional refrigerated warehouse space with a state-of-the-art refrigeration system and an advanced equipment-maintenance facility.

A subsidiary of SYSCO Corp., the company provides food and related products and services to more than 5,000 restaurants, health care and educational institutions, lodging establishments and other customers.

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