Infobank opens in Interlocken; Printrak acquired by Motorola

The company currently operates from a temporary space in the office park but has signed a lease for a new, 14,000-square-foot space. In October, 33 employees will move to the new space. Infobank currently has 250 employees worldwide and plans to hire 150 more in 12 to 18 months. The company recently opened offices in New York and San Francisco.

Motorola Inc., one of the world’s largest wireless phone makers, has purchased Printrak International Inc. for $160 million.

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By acquiring Anaheim, Calif.-based Printrak, which has a facility in Boulder, Motorola hopes to expand its two-way radio business for public safety customers. In the contract, which is expected to close in the fourth quarter of this year, Motorola will pay $12.14 for each Printrak share.

Printrak’s product line includes computer-aided dispatch, fingerprint identification and records management software and hardware systems that are sold to governmental and civil agencies at the local, state and national levels. Prinktrak has about 600 employees worldwide and facilities in Boulder; Irvine, Calif.; the United Kingdom; and Australia.

Commercial supplies for a new drug to help inhibit the spread of the HIV virus is being developed at the Boulder manufacturing facilities of Roche Corp.

Supplies for T-20, an anti-HIV compound still in the experimental stage, are being developed at the facility in commercial quantities. The drug is part of a new group of experimental drugs called fusion inhibitors that prevent the fusion of HIV cells with host cells, slowing the spread of the virus.

The supplies are being co-developed by Trimeris Inc., a biopharmaceutical company that develops and researches compounds that inhibit the spread of HIV.

Coldwater Creek, a national catalog and retailer of women’s clothing, gifts, jewelry and accessories, has opened a new store at Flatiron Crossing in Broomfield.

The 8,459-square-foot store is Coldwater Creek’s first Colorado location. The store’s interior will feature an in-store, 12-foot waterfall and a fireplace. The interior features hardwood floors, natural stone and soft lighting to create a relaxed atmosphere for shoppers.

The vice president and chief operating officer of Lafayette-based Dynamic Materials Corp. has resigned.

Joseph P. Allwein announced his resignation, effective Aug. 23. There are currently no plans to fill the position or to add any new management positions, according to Mark Jarman, vice president of corporate development. The decision of whether or not the board of directors will fill the position in the future will be discussed at the Sept. 12 board meeting, Jarman said.

Dynamic Materials manufactures products and provides services to a variety of high-tech industries, including satellite launch vehicles and defense aircraft. Visit www.dynamicmaterials.com.

In a deal worth $50 million in stock and cash, Artemis Management Systems, a Boulder-based developer of enterprise project management software, has been acquired by Proha PLC, an Internet technology solutions company based in Helsinki, Finland.

The deal will allow the companies to merge assets and increase worldwide product distribution. Proha has been distributing Artemis products for the past 16 years, and, with the added financial resources of the merger, Artemis hopes to develop new products, expand its product market and add more employees. Artemis’ headquarters will remain in Boulder.

Following a national trend, demand for employees in the Boulder area will continue to grow in the next year, according to the Employment Outlook Survey by ManPower Inc., released for the year 2000 October-December quarter.

Boulder leads the state in the percentage of employment expansion. Forty-seven percent of businesses in the Boulder area plan to expand their workforces in the fall; 7 percent will decrease their workforces; 43 percent plan on no changes; and 3 percent did not know their employment plans for the quarter, according to the survey.

The most viable hiring markets for the fall quarter, according to the survey, are durable goods, manufacturing, transportation and public utilities, wholesale, retail trade and finance, insurance, real estate and education.

Manpower Inc. conducts the Employment Outlook Survey on a quarterly basis. The survey is based on telephone interviews with 16,000 employers in 487 U.S. cities.