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This
Internet venture avoids obituary page
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November
19, 2001
By Julie Johnsson |
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Death
is recession-proof, it appears. Evanston's Legacy.com,
an online obituary site, has seen explosive growth this fall,
despite the slumping economy.
Backed
by Chicago media conglomerate Tribune Co., the young company
hosts customized obituary sites for newspapers (Crain's, Aug.
20). It's well on its way to inking deals with almost every
major U.S. daily.
Over the
past 90 days, Legacy.com has tripled its online traffic to
more than 5.5 million page views per month. The firm launched
a Web site for the Washington Post Nov. 11 and is slated to
unveil a similar offering for the Minneapolis Star Tribune
on Dec. 1. Other new partners include the Philadelphia Inquirer
and its parent, California-based newspaper chain Knight-Ridder
Inc.
Legacy.com's
latest wrinkle is a messaging service that alerts users when
death notices containing key words say, one's alma
mater are posted. The company plans to roll out the
service to Chicago Tribune and Chicago Sun-Times readers in
December.
"Things
are moving ahead very nicely for us," says President
and CEO Stopher Bartol. "It is kind of stunning, given
the rough economy."
Cause
and effect: The slump in the number of visitors to Chicago
online travel ticketer Orbitz LLC was short-lived. Traffic
to the site soared 51% in October, to 7.8 million visitors,
according to Jupiter Media Metrix. Its competitors didn't
see similar jumps: Travelocity.com's visitor tally rose 15%
to 8.3 million, and Expedia.com saw traffic increase 2.8%
to 9.7 million.
Bargain-basement
ticket prices helped offset passengers' fear of flying post-Sept.
11. They flocked to Orbitz partly because its marketing saturated
the Net. Last month, Orbitz's online ads scored 1.7 billion
impressions, a measure of the number of times its ads were
viewed, according to New York's Jupiter.
Never
a good sign: Two top executives at Chicago's Inforte Corp.
recently unloaded shares in the consultancy, according to
filings with the Securities and Exchange Commission. Chief
Operating Officer Stephen C. P. Mack sold 150,000 shares for
about $1.4 million, while Chief Financial Officer Nick Padgett
sold 10,000 shares for about $95,000.
The IT
consultancy's stock has fared relatively well, trading in
the $10.50 range, off its 52-week high of $29.50 on Nov. 16,
2000. The firm managed its growth prudently during the late
1990s boom and, unlike some competitors, has avoided tumbling
to penny-stock status.
Never
too old: KPMG LLP today will present its Illinois High
Tech Awards to Michael Krasny, founder and chairman emeritus
of Vernon Hills-based CDW Computer Centers Inc.; Richard Forsythe,
chairman and president of Skokie's Forsythe Technology Inc;
Nathan Fineberg, president and CEO of Oak Brook's Interface
Software, and Elaine Hodgson, president and CEO of Rolling
Meadows-based Incredible Technologies Inc.
Mr. Krasny,
who stepped down from CDW this year, isn't the first retiree
to win the award. John Krehbiel Sr., who founded Lisle-based
Molex Inc., was honored in 1990 at age 86, notes KPMG partner
Richard Reck.
Prepping
for a tech career: Comedy Central's "BattleBots"
competition is no laughing matter. The semiannual death matches
between robots are a cult hit on TV, while drawing hundreds
of storied entrants, including engineers from Chicago's Boeing
Co. So, it's all the more remarkable that 17-year-old Alex
Slack, a senior at Winnetka's New Trier High School, won a
round in the competition on San Francisco's Treasure Island
earlier this month.
His father,
Gary, managing director of Chicago business-to-business marketer
Slack Barshinger & Partners Inc., describes the event
as "legalized mayhem." That's because remote-controlled
bots pound each other to bits while dodging "killsaws"
a nice analogy for Chicago's tech scene, really. In
the end, the younger Mr. Slack's bot, Deus X Machina, didn't
have a ghost of a chance. It was eliminated in the early going.
Send story
ideas and tips to Julie Johnsson at techwatch@crain.com.
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