The BIV website describes the awards as such:

Forty under 40 celebrates the depth of business talent in British Columbia, from the rising stars of the corporate world to successful entrepreneurs, and non-profit leaders. Winners are chosen based on such values as achievement, experience, innovation, vision, leadership, and community involvement.

Congratulations to Andrew!

VICTORIA – AERS founder Anthony Sukow was on hand to receive the University of Victoria’s annual Craigdarroch Research Award on behalf of himself and his brother and co-founder Andrew Sukow last week.  As graduates of the University, both founders were gratified to receive the University of Victoria Innovation and Development Corporation Entrepreneurship Award.

This recognizes the company’s excellence in providing data analytics and research tools in decision support, and AERS’ longstanding vision to deliver practical research based on transactional data.  “We were grateful to have been selected for this honour among such a fine group of peers,” said Anthony Sukow, “and this further underscores the strength of our longstanding partnership with UVic.“

The Craigdarroch Research Awards were established by the University of Victoria to recognize excellence in research, and were awarded for the first time in October 2003. The awards are named for Craigdarroch Castle, which served as home to the University of Victoria’s predecessor institution, Victoria College, from 1921 to 1946. Anthony and Andrew Sukow received one of six awards handed out to seven recipients.

AERS was conceived when both Andrew and Anthony Sukow were students at the University of Victoria, and operated out of the University until September 2005.  During its earliest stages, the first-time entrepreneurs benefited from significant mentorship, investment, and other support from the University, among other individuals and organizations.

Advanced E-commerce Research Systems Inc. specializes in delivering e-commerce-based analytics and insight to support the investment, product management, marketing, and advertising decisions of its thousands of clients. AERS does this based on its core competencies in storing and mining large e-commerce datasets. AERS is comprised of two main divisions: Terapeak supplies auction analysis to eBay sellers and buyers through an on-line web interface, while Advanced delivers data and custom research to the business sector. The company was founded in 2004, and monitors over ten million consumer transactions daily.

Media contacts:

AERS – Anthony Sukow
250-483-3270
anthony [at] aers.ca

UVic Communications – Valerie Shore
250-721-7641
vshore [at] uvic.ca

The latest version of Terapeak 5.0 is a subscription-based market research toolset that provides sellers with a complete understanding of opportunities on the eBay platform. These tools include: item pricing information (average pricing, sell-through rates, and more); the best keywords and categories to use; how to determine when your customer will be shopping; and two years’ worth of category trends to track individual item seasonality. New Terapeak tools include information on what shoppers are searching for on the eBay platform and what products and titles are experiencing the most sales activity. Even better, Terapeak 5.0 has wrapped the powerful functionality in an easy-to-use interface that is welcoming to new users and existing subscribers.

AERS’ consumer is anyone who sells on eBay, the world’s largest and fastest growing ecommerce platform. eBay saw more than 56 billion transactions in 2007. Terapeak 5.0 is available for visitor demonstrations at: http://www.terapeak.com.

Fred Speckeen, AERS President and Chief Executive Officer says, “More people than ever are selling both new and used items on eBay. Terapeak 5.0 helps you maximize your profits in a market that has more than five million new listings each day. It is a fun, reliable and easy-to-use solution with innovative features that take the guesswork out of your eBay experience.”

Chief Technology Officer, Andrew Sukow, takes it further, explaining, “This advanced version is the result of intense design innovation to create the industry’s leading market research tool for use with eBay. Terapeak 5.0 offers vastly superior web interface products with newly enhanced features and functionality designed to create a fresh, seamless and fun user experience, regardless of whether you’re an eBay PowerSeller or an eBay novice.”

Terapeak 5.0 will also be showcased at the eBay Live! 2008 Community Conference June 19 – 21 in Chicago, Illinios.

Terapeak becomes the first certified solutions provider to offer seller research. Since its inception Terapeak has been an industry leader, constantly trying to improve the type of research available to the eBay community. Co-Founder and CTO Andrew Sukow explains, “We are very excited about being able to provide seller specific research. Over the past two years Terapeak has exhibited a dedication to innovation. We are always listening to our customers and the market and are dedicated to providing the type of innovative research that the market demands.”

Seller specific research provides various statistics on specific sellers, including;

• Total sales, total listings, total bids and sell-through rate
• Average sold price, average start price, start price range and most frequent start price
• Listing promotions success rate, listing duration used, and listing type
• Day of the week analysis
• Hour of the day analysis
• Category distribution
• Trending for total sales, sell-through rate, number of bids, etc.

Terapeak’s new functionality will allow sellers to have reports on their competitors emailed to them on a weekly basis. This enables sellers to keep track of the competition over time. Sellers will also be able to track their own sales with great detail and real time accuracy and compare these results versus their closest competitors.

Terapeak Marketplace Research has developed the most advanced research tool for analyzing eBay consumer transaction data. With over 1.4 Billion transactions in 2005, eBay is the most reliable consumer activity index in the world. For more information contact support@terapeak.com or visit http://www.terapeak.com/signup/compare.php.

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CONTACT: Dave Frey
Terapeak Marketing
w. 250.483.3273
www.terapeak.com
dfrey@terapeak.com