Press Release
E-Zone’s Business Accelerator Launches TiER 1 Performance Solutions
Covington, Kentucky – After six months, TiER 1 Performance Solutions has met with enough success to “graduate” from the halls of Madison E-Zone, the high-tech business accelerator that opened its doors in September of 2001. TiER 1 has become a highly profitable business engaging with a variety of high-profile clients.
TiER 1, which specializes in change enablement, knowledge management and learning services and solutions, was started by three executives, each with over 30 years combined experience in building custom learning programs for Fortune 1000 companies: Norm Desmarais, Chris Cole, and Dr. Kevin Moore. Their combined strengths and backgrounds have allowed TiER 1 to develop rapidly, acquiring such clients as Federal Express, AMS, Becthel Construction, Wendy’s International, and over a dozen others.
The company’s
target clients are large organizations that struggle with the management of
people and ideas. Through a streamlined and carefully executed process, TiER 1
provides strategies, tools, and services for managing the communication and
knowledge necessary to facilitate rapid change. “Our
mission is to help companies use knowledge to improve performance. As companies move more and more to services
as their differentiation, the knowledge of their people becomes the foundation
for their success,” said Greg Harmeyer, Managing Director for TiER 1.
A state-designated
Innovation and Commercialization Center (ICC), Madison E-Zone works closely
with qualifying technology companies as they participate
in the ICC process, a rigorous, 12-step process designed to bring together
the necessary business expertise to assist entrepreneurs in commercializing
technologies that demonstrate significant market potential. “The
ICC process has been invaluable to TiER 1 in two ways. First, it has helped us to continually refine who we are and how
we create value. Secondly, the network of resources we've tapped into at Madison
E-zone has really enabled us to get off the ground much more quickly,” said
Harmeyer, adding that although TiER 1 is moving out of the E-Zone, they will
continue to work through the ICC process.
Impressed by the
City of Covington’s dedication to developing the technology corridor along Madison Avenue in Covington, TiER 1 has
decided to stay in the area, moving just a few doors down from Madison E-Zone. As Executive
Director of Madison E-Zone, Casey Barach Madison E-Zone
Executive Director. Barach has worked with dozens of promising
companies, and in this time of economic uncertainty, knows what it takes to
move a business from a start-up to an established, revenue-generating
operation. “TiER 1 is an example of the tremendous potential a
solidly-structured New Economy company can have. Their success not only
provides a boost to an economic development vehicle like Madison E-Zone, it
helps to strengthen the technology base of the entire region,” said Barach.
When TiER 1 moves into their new space in May, they
will become the second company to relocate, or “graduate.”.
Optimum Pay announced plans to move out of Madison E-Zone earlier this year.