Monday, December 05, 2005

SCANBUY : GREAT NEWS FOR BARGAIN HUNTERS !

It's dead easy and it saves money ! Start "scanbuying" in four steps :

1. Walk into the store, find your favourite item !

2. Take a photo of its bar code with your mobile phone's camera !

3. Check comparable bar-code prices from an online database !

4. After price check buy the item cheaper wherever you want !

Too good to be true ? The Scnabuy technology already exists in Japan. Now it is about to hit the U.S., after all today's "Swiss army knife" phones can do everything. But watch out, storekeepers may get upset about your bargain hunting ! Olivier Attia, founder of "Scanby", a small U.S. company offering consumer bar-code technology, tells the "Fortune Magazine" he'll know he's arrived, when the sign outside the store reads "no pets, no food, no bar-code scanning" !

5 Comments:

At 9:05 AM, Anonymous Anonymous said...

This technology is very exciting! For those interested, Scanbuy's major competitor is a company called Neomedia Technologies (http://www.neom.com). As it turns out, Scanbuy is currently being sued for patent infringement by Neomedia, since NEOM claims that it owns the patents to the ability to connect the physical world (e.g. barcodes, pictures) to the internet (http://www.paperclick.com/patents.jsp). The outcome of this court case could have very big ramifications - Virgin Entertainment already settled with Neomedia earlier this year and is now licensing Paperclick.

Keep an eye on these companies.

 
At 9:43 AM, Blogger JANNIS said...

I will do so, thanks for this comment ! But I would also like to hear the opinion of Scanbuy on the issue, "Fortune" set the company to its Top25 list and reported that it has already signed a great contract with Spain's "Telefonica" for business in Europe...

 
At 3:52 AM, Anonymous KARYNE said...

SORRY BUT I WON'T COMENT ABOUT YOUR BLOGG, I'M JUST LOOKING FOR MY RELATIVES FROM GREEK. MY LAST NAME IS PAPADIMITRIOU TOO.. BUT I'M FROM BRAZIL. I'D LIKE TO HAVE THE OPORTUNITY TO MAINTAIN CONTACT WITH YOU.
SORRY MY POOR ENGLISH AND SORRY FOR BOTHERING YOU.
THANKS !!!

 
At 4:40 AM, Blogger JANNIS said...

Message for Karyne : Of course we cen keep in touch. But how can I reach you ? I cannot see a link to your blog or e-mail address...

 
At 2:06 PM, Blogger kate berg said...

Scanbuy, Inc. Hires Industry Veteran Jonathan Bulkeley as CEO and Secures $9 Million Series B Funding

December 12, 2006 - Scanbuy, Inc. (www.scanbuy.com), a global provider of wireless commerce solutions, today announced the recent hiring of industry veteran Jonathan Bulkeley as Chief Executive Officer. The company also announced that it completed $9 million in Series B financing. Longworth Venture Partners, Masthead Venture Partners and Hudson Venture Partners led the round, with participation from existing angel investors.



Mr. Bulkeley brings twenty-three years of management experience to the company, having served in leadership roles for several dominant industry players in media and e-commerce. Bulkeley was previously the CEO of barnesandnoble.com, growing sales from $71 million to over $200 million, and overseeing its IPO, which at the time was the largest Internet IPO in history. Prior to bn.com, Bulkeley served as Managing Director of AOL's joint venture with Bertelsmann Online in the U.K. and as AOL’s Vice President of Business Development in the U.S., where he built AOL’s first advertising sales team and ecommerce stores. Bulkeley currently sits on the Board of Directors of the Readers Digest Association (NYSE:RDA) and Spark Networks, PLC (AMEX:LOV). He also served on the Board of Directors of IGN Entertainment which was sold to News Corporation last year.



The funds will escalate growth of Scanbuy’s go-to-market efforts, extend its standard 1D and 2D bar code technology leadership in mobile marketing, and expand its operational capabilities to support growing worldwide adoption of the company's solutions designed to provide a range of information and services to consumers via their mobile devices.



"We were pleased by the interest level from the investment community and we are excited to have Longworth Venture Partners, Masthead Venture Partners and Hudson Venture Partners as our partners due to their extensive industry experience with Internet and mobile technologies," said Jonathan Bulkeley, CEO of Scanbuy. "Scanbuy has developed a unique mobile tag-enabled solution for mobile commerce and mobile marketing that creates huge opportunities for mobile carriers, manufacturers and content providers/marketers to enable enhanced consumer navigation of the physical world. I am excited to be leading Scanbuy and to once again be part of revolutionizing consumer media.”



"We are thrilled to have Jonathan Bulkeley leading the Scanbuy team. His experience, vision and credibility are exactly what the company and the industry need to bring this technology to the mass market," said Nilanjana Bhowmik, partner at Longworth Venture Partners. “We see the solutions offered by Scanbuy as a global opportunity because of the growing interest in the use of 1D and 2D bar codes in a wide variety of consumer applications."



"We are seeing huge growth in the mobile marketing arena worldwide and Scanbuy is the clear leader in making it easy for consumers to fully utilize these enhanced services via their wireless phones," said Steve Smith of Masthead Venture Partners. "Masthead welcomed the opportunity to work with the Scanbuy team to help take the Company to its next level of success."



Scanbuy

Scanbuy (www.scanbuy.com) is a global provider of mobile solutions allowing consumers to access mobile commerce and mobile marketing services in a simple and intuitive way. Scanbuy’s barcode-capture technology and services platforms are designed for handset manufacturers, wireless carriers, content providers and retailers to enable swift navigation from the handset to the physical world. Scanbuy is widely acknowledged as the leading solution provider in this emerging market which displays strong growth potential for the consumer wireless market throughout the world. Founded in New York in March 2000, Scanbuy is led by a pioneer in media and e-commerce and has a strong intellectual property portfolio with over 25 patents filed in the US and internationally since 2001. Scanbuy made Fortune’s 2005 list of “25 Breakout Companies” and the “Top 100 Companies in North America” in Red Herring in 2006. The company's investors include Longworth Venture Partners, Masthead Venture Partners and Hudson Ventures. For more information please contact Kate Berg at 914 509 5166 or at: kate.berg@scanbuy.com.

 

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