Technology Trends 2005: From IT to E-Commerce

Forrester Research Leads Panel on What's Next in Tech

FOR IMMEDIATE RELEASE/
Contact: WPI Venture Forum, +1-508-831-5075

Tuesday, March 8, 2005, 6-9 p.m.
Worcester Polytechnic Institute, Campus Center Odeum

Worcester, MA - February 16, 2005 - IT and e-commerce are developing a new face. On March 8, 2005, a panel of experts will discuss where IT, the Internet, and B2B services are heading. According to George Orlov, Chief Technology and Information Officer at Forrester Research, today's Internet of static Web page and cumbersome e-commerce mechanisms will give way to a Net that relies on executable software code to deliver more interactive experiences -- a richer, X Internet. Mr. Orlov will lead the panel discussion, which includes Scott Savitz, CEO of Shoebuy.com and Stephan Schamback, CEO of Demandware.

Prior to joining Forrester Research, Mr. Orlov was Chief Technology and Information Officer at SBC Communications and Exelon. He holds a BS in Physics and an MS in Nuclear Engineering from MIT.

Scott Savitz is CEO of Shoebuy.com, the "Amazon.com" of shoes. The company recently close on $9 million in B-round financing and has been growing at 100% annually. Mr. Savitz received Ernst & Young's 2004 New England Entrepreneur of the Year award.

Stephan Schambach founded Intershop, a high-flying, e-commerce software company that at one time employed more than 1000 and had a market value of $4 billion. Currently, Mr. Schambach is CEO of Demandware, an on-demand software company based on the Salesforce.com model.

The WPI Venture Forum meeting will be held on Tuesday, March 8, 2005, at the Odeum Campus Center on the WPI campus in Worcester, MA. Registration begins at 6:00 p.m. and the meeting begins at 6:30 p.m. Registration cost is $10 individual, annual, and lifetime members; and $20 nonmembers.


About the WPI Venture Forum

The WPI Venture Forum was created in 1990 to promote the entrepreneurial spirit and to serve those who engage in technology- based entrepreneurial enterprises by providing advice, support and education tailored to meet their needs. The forum fosters entrepreneurship through such activities as monthly programs, a business plan contest, a weekly radio show on News Radio WTAG (Saturdays, 5-7 pm, 580am), and a monthly newsletter.

The Venture Forum, as part of the Collaborative for Entrepreneurship & Innovation in the Department of Management at WPI, serves individuals who are seeking to begin their own technology-based businesses; founders, presidents, and senior managers of start-up or early-stage companies; senior managers of companies that are restarting or making a transition for one mode of operation to another; and employees leaving large companies due to a reduction in force or to start businesses.