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Washington, DC – July 1, 2001.
Raedel announced the signing of a partnership agreement with Foresite Business Solutions.

Raedel announced today the signing of a broad partnership agreement with Foresite Business Solutions Ltd, a London, UK based developer, that will formally advance the client/vendor relationship that has existed between the companies to a development partnership that will lead to the acquisition of ForeSite by Raedel.

ForeSite Business Solutions Ltd is a business focused Internet solutions company established in 1997 specializing in the provision of sophisticated web-based business solutions for a wide range of B2B & B2C organizations in the UK and abroad. Their services include:

  • IT & Internet Strategy Consultation
  • E-Commerce development
  • Content Management System development
  • Customer Relationship Management system development
  • Database Development & Integration
  • Dynamic websites
  • WAP

ForeSite has been the developer for a significant number of major clients ranging from government organizations such as the DTI and National Training Organizations to large corporations such as Unilever and John Lewis.

ForeSite is based in Wimbledon, South London. They are headquartered at:

Park House,
Lombard Business Park,
8 Lombard Road,
London,
SW19 3TZ.

Their web site is www.fsite.com

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# Raedel is a provider of web-based financial tools that enable decision makers to easily and quickly evaluate, assess, test and finalize informed decisions.

The Raedel solutions enable the management of corporations to rapidly and intelligently make informed decisions that further the goals of the company and increase shareholder value.

Raedel has offices in New York City and the Washington, DC metro area. The company maintains its executive offices at 11140 Rockville Pike – 4th Floor, Rockville, MD 20852. The Company’s telephone number is (301) 770-5900 and the Web address is www.raedelfs.com.

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