This marks the third instance in which Terapeak data has been used by the Journal. Last year WSJ called upon Advanced for data support on a Tiger Woods article, as well as in 2009 when it initially asked for input regarding a high-end Dallas clothing store selling its excess merchandise on eBay. Advanced is proud to be a trusted source for accurate and timely pricing information on items sold in secondary markets. Click the above links to view the articles, and consider the limitless applications for Advanced’s data and APIs and how they can be put to work in your business.

Last week James Verrinder from Research Magazine published an update on the project. Visit the article at Research.com.

“Each year when we choose the Ready to Rocket companies, we are looking for those companies that have best matched technical innovation with market opportunity. Advanced Ecommerce Research Systems is an excellent example of the right technology for the right customers at the right time.” said Reg Nordman, Managing Partner, Rocket Builders.

Later that week, Advanced was awarded the Best Early Stage Company – Information Technology honor by the Canadian Financing Forum. The Forum (where CEO Fred Speckeen took the podium for a fifteen minute pitch before more than seventy top investors from across North America) featured presentations from Canadian technology companies.

“We’re thrilled to be in such good company, including other innovators benefiting from an early commitment to SaaS” Says Advanced’s President and CEO Fred Speckeen, “Ecommerce is a commercial phenomenon that creates massive amounts of streaming, information-rich data. Advanced enjoys working directly with two of the largest ecommerce companies, eBay and PayPal, and we’re utilizing a combination of proprietary large data techniques, PaaS and SaaS to provide real-time analytics in this real-time marketplace.  Additional platforms and service providers will soon be added to our list of partners.  It’s a very exciting time for our very talented team, and we’re thankful for the honor of this recognition by RocketBuilders and the Canadian Financing Forum.”

About Advanced
Advanced Ecommerce Research Systems (Advanced) specializes in delivering ecommerce-based analytics and insight to support the investment, product management, marketing, and advertising decisions of its thousands of clients. Advanced does this based on its core competencies in storing and mining large ecommerce datasets. The company was founded in 2004.

About Ready to Rocket
Ready to Rocket is a unique business recognition list that profiles technology companies with the greatest potential for revenue growth. Each year, based on analysis of trends that will drive growth in the information technology sector, Rocket Builders identifies twenty-five (25) private companies that are best positioned to capitalize on the trends for growth. This selection methodology has been an accurate predictor of growth with “Ready to Rocket” companies exceeding the industry growth rate. Also, many of these companies raise investment capital and each year many of the profiled “Ready to Rocket’ companies are acquired.

About the Canadian Financing Forum
The Canadian Financing Forum is the leading showcase for venture capital investment in Canadian companies focused on information technology, and cleantech & advanced technology. It was founded in 1995 as a joint venture between Macdonald & Associates and CanadaIT.com, the leading Web gateway to news and information concerning the Canadian tech industry. For additional details, please visit http://www.FinancingForum.com

Fred Speckeen, AERS CEO, explains: “There is tremendous value locked up in every ecommerce merchant’s transaction data; information that could help every merchant make more timely and more profitable decisions. These new SaaS products from AERS will facilitate unlocking that value in ways that help merchants make quicker, better and more profitable decisions based on their own real-time transaction data. Having proven similar products and services focused on the eBay merchant community, it makes sense to expand our offering to provide similar services and applications to the even larger community of PayPal merchants.”

AERS PayPal Merchant Applications will include Terapeak Mobile Merchant(TM), a real-time business analytics application for the Apple iPhone, and Terapeak Merchant Analytics(TM), a real-time business monitoring and analytics SaaS application. Speckeen says, “Both of these apps are designed to provide Merchants with insights that support faster, more profitable decisions. They do so by allowing PayPal merchants to monitor and view their businesses and crucial analytics in real-time from wherever they are.”

“We’re thrilled that the leader in eBay seller research is now expanding its services to non-eBay businesses,” said Osama Bedier, PayPal’s vice president of platform. “AERS is using PayPal’s information and reporting APIs to turn a merchant’s data into powerful and actionable analytics that can even be accessed on your iPhone. It’s a great example of our developers building on each others’ ideas and creating services for the developer community.”

Founded on proprietary, very large database techniques and well-honed development skills, Advanced Ecommerce Research Systems Inc. provides ecommerce-targeted PaaS and SaaS services. Established in 2004, AERS is a profitable and rapidly growing company. Its brands include Terapeak, the number one eBay seller research tool (www.terapeak.com) and ResearchAdvanced ecommerce data licensing, providing the global market research and finance communities with fresh, daily data and insights into ecommerce transactions and trends (www.researchadvanced.com).

For more information on PayPal Innovate 2009, please visit https://www.paypal-communications.com/innovate2009/index.html