Nanotechnology Now - Press Release: Commerce Technologies And UAlbany Nanocollege Extend Joint Workforce Development Program

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Abstract:
Innovative initiative has supported 36 student interns, including 10 hired for full-time positions at CTI's CommerceHub

Commerce Technologies And UAlbany Nanocollege Extend Joint Workforce Development Program

Albany, NY | Posted on December 2nd, 2010

Commerce Technologies Inc. ("CTI") and the College of Nanoscale Science and Engineering ("CNSE") of the University at Albany today announced the extension of a joint workforce development and recruitment program that has successfully supported 36 student interns - including 10 who have been hired by CTI's CommerceHub for full-time positions at its offices at CNSE's Albany NanoTech Complex.

Through the initiative, students receive paid internships for research projects focused on software development, integration, prototyping and implementation for a variety of platforms - including drop-ship fulfillment, database and internal systems - that are critical to the work of CTI's CommerceHub, the industry's leading provider of integration and fulfillment solutions for multi-channel e-Commerce merchants.

Launched shortly after the company established operations at CNSE's Albany NanoTech Complex in 2004, the program supports the development and implementation of an advanced education, training and recruitment program for CTI's CommerceHub. The fast-growing IT firm employs more than 90 specialized technology professionals at its offices at the UAlbany NanoCollege, which represents an 81 percent growth in its workforce over the past seven years.

Stephen Hamlin, President and CEO of Commerce Technologies Inc., said, "We are excited to extend this innovative partnership with the College of Nanoscale Science and Engineering, which is playing an important role in developing the skilled workforce needed to meet CommerceHub's strategic technology and business objectives. We look forward to growing our team of information technology professionals, including the opportunity to help groom students to become future leaders in the IT sector."

Dr. Alain E. Kaloyeros, Senior Vice President and Chief Executive Officer of CNSE, said, "The UAlbany NanoCollege is delighted to continue to build on this successful partnership with Commerce Technologies Inc. Through this collaboration, our students are receiving unique education and training on IT applications enabled by nanotechnology, as well as lucrative career opportunities, and CommerceHub is further developing a highly educated, highly skilled IT workforce that both supports and enhances its competitive position in the marketplace."

The advanced education and workforce training that is part of the CTI-CNSE program also supports a growing number of nanotechnology-enabled IT applications - including radio frequency identification devices ("RFID"), global positioning systems ("GPS"), biometrics and other emerging fields - that integrate the design, deployment, utilization and management of emerging computing technologies.

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About College of Nanoscale Science and Engineering
The UAlbany CNSE is the first college in the world dedicated to education, research, development, and deployment in the emerging disciplines of nanoscience, nanoengineering, nanobioscience, and nanoeconomics. CNSE’s Albany NanoTech Complex is the most advanced research enterprise of its kind at any university in the world. With over $6.5 billion in high-tech investments, the 800,000-square-foot complex attracts corporate partners from around the world and offers students a one-of-a-kind academic experience. The UAlbany NanoCollege houses the only fully-integrated, 300mm wafer, computer chip pilot prototyping and demonstration line within 80,000 square feet of Class 1 capable cleanrooms. More than 2,500 scientists, researchers, engineers, students, and faculty work on site, from companies including IBM, AMD, GlobalFoundries, SEMATECH, Toshiba, Applied Materials, Tokyo Electron, ASML, Novellus Systems, Vistec Lithography and Atotech. An expansion currently in the planning stages is projected to increase the size of CNSE’s Albany NanoTech Complex to over 1,250,000 square feet of next-generation infrastructure housing over 105,000 square feet of Class 1 capable cleanrooms and more than 3,750 scientists, researchers and engineers from CNSE and global corporations. For information, visit www.cnse.albany.edu.

About CommerceHub
CommerceHub is the industry’s leading provider of fulfillment and integration solutions for retailers and wholesale distribution companies. With nearly a decade of experience working with Top 25 retailers, distribution supply chains and a wide array of major brand name suppliers, CommerceHub manages more than $4.5 billion in goods annually on behalf of such industry leaders as Sears, Kmart, Costco, QVC, Staples, Circuit City, Meijer, drugstore.com, Ty’s Toy Box, Toys “R” Us, Walgreens, Dell, Toshiba, Sanyo, Minolta, Gateway and Little Tikes. For information on the CommerceHub Supply-on-Demand platform, Universal Connection Hub and Drop Ship Master, visit www.commercehub.com.

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Contacts:
Steve Janack
CNSE Vice President for Marketing and Communications
(phone) 518-956-7322
(cell) 518-312-5009

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