Business Services Industry
ABI Research Partners with Investment Advisor Townhall Proprietary Research
Business Wire, March 15, 2006
OYSTER BAY, N.Y. -- ABI Research and Townhall Proprietary Research LLC jointly announced a partnership agreement today, through which ABI Research's analyses of emerging technology markets will be used by Townhall Proprietary Research in the advisory services it provides to institutional investors. In turn, ABI Research will receive commissions on TPR sales that include information adapted from its studies.
While both firms produce research related to high technology industries, their foci are quite different. TPR, founded by financial research industry veteran James Townsend, is solely focused on producing research for institutional investors. ABI Research provides tactical and strategic research and analysis to many of the largest technology vendors in the world.
"Our main interest, in translating applied sciences market research into a form useful to investors, is technology, especially semiconductors and wireless technologies," said TPR's Townsend. "Our relationship with ABI Research means that we can expand the range of companies about which we can offer informed advice to our clients."
Tim Archdeacon, founder and president of ABI Research, added, "Our primary client base is found among technology vendors. ABI Research does not offer financial industry research or investment advice of any kind, so TPR's wealth of contacts and depth of involvement with professional investors mean that our research will enjoy an enhanced profile in the financial community. I believe that our companies' efforts complement each other well, and I look forward to the results of their symbiosis."
"I have known Tim for a long time," noted Townsend, "and I know that ABI Research produces high-quality market analysis. The company shares some of TPR's current focus, but also broadens our horizons in terms of the information to which we can add value. That's what prompted me to suggest a collaboration, and I'm pleased that ABI Research is open to the idea."
Founded in 1990 and headquartered in New York, ABI Research maintains global operations supporting annual research programs, intelligence services and market reports in automotive, wireless, semiconductors, broadband, and energy. For information visit www.abiresearch.com, or call +1.516.624.2500.
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