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This is Fred Ball for Zions Bank, speaking on business.

Have you heard the term “distributed enterprises”? Well, in many businesses today, critical information is distributed or broken up and difficult to locate. The information is stored in locations such as support organizations, field offices, regulatory agencies or professional publishers. For that reason, many companies end up recreating the same information. The result is a lot of wasted time and money.

Well, a Utah company is working to eliminate that problem. The company is called NextPage, and by using what it calls peer-to-peer Business Networking, it is helping distributed enterprises achieve greater efficiency.

The concept sounds high-tech, and it is. But it isn’t difficult to comprehend. Peer-to-peer technology is simply a way of sharing information, and NextPage’s software works in some ways like music-sharing technology found on the Internet. Servers can be linked together so that they act as one system. In that way, users can access files whether they’re housed in distant locations within the same company or at a completely different company. In either case, NextPage eliminates the need to make and distribute copies of files or even email documents.

So, what was once complex processes can finally be a lot simpler. Global transactions or large-scale projects become one unified experience. And NextPage officials say this kind of sharing capability results in better decision-making, improved customer service and reduced costs.

Though relatively young, having only been founded in 1999, NextPage has already built a client base of more than 200 customers. The company’s successful NXT 3 and recently released NextPage Matrix software are quickly becoming necessities among information-intensive industries such as finance, insurance, legal and accounting.

NextPage was also the first company to deliver peer-to-peer technology to large businesses and is currently the leading provider of peer-to-peer business networking to corporations.

We certainly live in the information age. With NextPage, getting that information has never been easier.

For Zions Bank, I’m Fred Ball. I’m speaking on business.

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