07 Feb Tech Digest: Futurists on learning; Sonic Foundry; Accu Tech; Fiserv
Madison, Wis. — Judy Brown, director of the Madison-based lab that studies learning technologies with the University of Wisconsin and the Department of Defense, will speak at 7 p.m. on Thursday evening at the World Futurist Society meeting. The futurists meet at the Fluno Center in Madison. Based on her experience at the Academic Advanced Distributed Learning Co-Lab, Brown will speak about e-learning.
Brookfield, Wis. — Fiserv has signed a 12-year agreement to provide check processing and image archive services for Commonwealth Bank of Australia, National Australia Bank and Westpac Banking Corp for a projected $460 million. The services will include proof-of-deposit, image archival and error handling. Fiserv handles 3.7 billion checks annually for more than 1,600 clients in the United States and Canada.
Madison, Wis. — Sonic Foundry, which makes online media products, reported a net loss of $1.4 million for the last quarter on revenues of $1.6 million, up dramatically from the $900,000 revenue it reported a year before. The increase came mostly from sales of Mediasite, a video and webcasting system, to educational clients as well as the private sector.
Eau Claire, Wis. — Accu Tech Plastics will receive $150,000 in state tax credits as part of a program meant to boost high-technology businesses, the governor announced last Friday. The Technology Zone program makes $5 million in tax credits available to high-tech businesses in each of eight regions of the state. Accu Tech plans to construct a $2.4 million facility in Eau Claire and hire nine people.