Avolo, the aerospace technology innovator with a suite of on-line applications and independent marketplace, announced Thursday (Jan 4) the establishment of its first international subsidiary, Avolo.com Technologies Ltd., based in Vancouver, British Columbia, Canada.
“Development is the backbone of our organization,” Avolo CEO Andrew Fedak said. “In order to provide innovative products and services that exceed our customers expectations we require confidence in the teams engineering our technology. I’m certain our new Canadian operations will provide us with that additional talent.”
Initially, the subsidiary will handle the development of critical Java programming. Eventually, it will expand to include other Avolo development projects, encompassing other emerging technologies.
“The Vancouver facility significantly enhances Avolo in the eyes of many potential customers. With our ability to effect transactions virtually anywhere in the world, it is imperative that we have an international presence. This location is just the first step in achieving that,” said Peter Berghammer, Avolo VP Marketing.
Founded by industry professionals with a clear vision of the aviation marketplace, Avolo takes advantage of the benefits of the Internet to help aviation companies improve efficiencies, increase profitability and grow their business. Using a modular/distributed development environment, Avolo can build and maintain multiple projects at any given point in time with little impact on the rest of its system.
“In developing our platform, we strategically looked for an application environment that would be flexible enough to support multiple development efforts,” said David Budiman, Avolo VP of internet technology. “The Java 2EE specification gives us that freedom, making Java programmers very important to us. We use different technology components, such as customer integrations, custom application development, co-branding and private branding applications. Since this type of work can be done virtually anywhere in the world, we chose Vancouver because of its very talented resource pool. There will be no shortage of talent in that facility.”
The new subsidiary is located in a recently renovated section of Yaletown, the high-tech district of Vancouver. The renovated two-story building is designed in contemporary European style: retail establishments on the ground floor, office space above. Sarah Samphire was named to head up operations for Avolo.com Technologies, Ltd., said Mark DeHan, director of operations. He said the subsidiary currently has four programmers working at the nearly 1650-square-foot office. Eventually, 12 to 15 programmers and several administrative personnel will be added.
Besides its new Vancouver subsidiary, Avolo also announced that it has installed a software upgrade on its internal computer system that allows their customers management to keep up, moment by moment, with what’s going on within their organizations. The Account Administration Manager, specifically designed by Avolo for its members, presents the selected account manager with the ability to oversee and track the actions taken by individual users within their company, from inside the Avolo system. Further benefits include the identification of the specific buyers on each RFQ submitted and the ability to view the full range of Quotes received even after the purchase has been completed.
Avolo was founded in 1999 by aviation and e-commerce industry leaders to facilitate strategy-led Internet sales and procurement services enabling aerospace companies to effectively use the Internet in business. Integrating business strategy, industry experience, technology and program management, Avolo assists customers to increase efficiencies and prioritize a portfolio of suppliers that offer better methods to maximize profitability. The company has recently engaged in projects with OEM manuf
acturer Crane Hydro-Aire Inc., and high-quality media-streaming technology developer 2netFX.
The company is privately held and funded by East River Ventures N.Y.; Cedar Grove Investments, Kirkland, WA; Riverside Management Group N.Y.; Cascadia Capital LLC, Kirkland, WA; Allen & Co. N.Y.; Citicorp, N.Y.; KIRNAF Ltd. Of Riyadh and private investors.
