Two former Colts join staff of local tech start-up

June 30, 2011
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Two former Indianapolis Colts have joined forces with The Tyros LLC, a start-up technology company in Indianapolis.

John Standeford, a 2004 Purdue University graduate who still holds the Big Ten record for career yards accumulated, has joined The Tyros as head of business development. Standeford was a member of the 2006-07 Colts team that won the Super Bowl.

“Being a part of a team has always been important to me, and I like the team atmosphere of The Tyros,” he said. “I believe in the product, which speaks for itself, and I see great potential. We are a company that is going to change the sports industry forever.”

Another former Colt and vice president of the NFL Alumni Association’s Indianapolis chapter, Gary Padjen, has been elected to The Tyros Board of Advisors.

The Tyros offers an online training system for sports officials, a universal rating system that could also be used for certification, and an electronic scheduling system that will match officials’ qualifications with needs of game schedulers, and an automated payment system allowing game organizers to more efficiently pay officials, said the company’s CEO, Tony Monteleone.

Later this summer, the tech company plans to move its headquarters to Shelbyville’s new Intelliplex Technology Park.
 

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  • Former Colt
    Was anyone else hoping it was Curtis Painter?
  • Thank You
    The Tyros appreciates everyone's opinions about how we conduct business. If anyone on our team has handled anything less than professional we apologize with sincerity. The Tyros supporters know and understand our level of dedication to our company and industry and we believe that your opinion should be addressed. We would hope that with this bold of a statement that you would like to reach out to us directly so that we can help you understand our position as a team better. If you would prefer not to discuss your comment, we would kindly request that you pull your post down. You can reach us at tamonteleone@thetyros.com

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  1. Cramer agrees...says don't buy it and sell it if you own it! Their "pay to play" cost is this issue. As long as they charge customers, they never will attain the critical mass needed to be a successful on company...Jim Cramer quote.

  2. My responses to some of the comments would include the following: 1. Our offer which included the forgiveness of debt (this is an immediate forgiveness and is not "spread over many years")represents debt that due to a reduction of interest rates in the economy arguably represents consideration together with the cash component of our offer that exceeds the $2.1 million apparently offered by another party. 2. The previous $2.1 million cash offer that was turned down by the CRC would have netted the CRC substantially less than $2.1 million. As a result even in hindsight the CRC was wise in turning down that offer. 3. With regard to "concerned Carmelite's" discussion of the previous financing Pedcor gave up $16.5 million in City debt in addition to the conveyance of the garage (appraised at $13 million)in exchange for the $22.5 million cash and debt obligations. The local media never discussed the $16.5 million in debt that we gave up which would show that we gave $29.5 million in value for the $23.5 million. 4.Pedcor would have been much happier if Brian was still operating his Deli and only made this offer as we believe that we can redevelop the building into something that will be better for the City and City Center where both Pedcor the citizens of Carmel have a large investment. Bruce Cordingley, President, Pedcor

  3. I've been looking for news on Corner Bakery, too, but there doesn't seem to be any info out there. I prefer them over Panera and Paradise so can't wait to see where they'll be!

  4. WGN actually is two channels: 1. WGN Chicago, seen only in Chicago (and parts of Canada) - this station is one of the flagship CW affiliates. 2. WGN America - a nationwide cable channel that doesn't carry any CW programming, and doesn't have local affiliates. (In addition, as WGN is owned by Tribune, just like WTTV, WTTK, and WXIN, I can't imagine they would do anything to help WISH.) In Indianapolis, CW programming is already seen on WTTV 4 and WTTK 29, and when CBS takes over those stations' main channels, the CW will move to a sub channel, such as 4.2 or 4.3 and 29.2 or 29.3. TBS is only a cable channel these days and does not affiliate with local stations. WISH could move the MyNetwork affiliation from WNDY 23 to WISH 8, but I am beginning to think they may prefer to put together their own lineup of syndicated programming instead. While much of it would be "reruns" from broadcast or cable, that's pretty much what the MyNetwork does these days anyway. So since WISH has the choice, they may want to customize their lineup by choosing programs that they feel will garner better ratings in this market.

  5. The Pedcor debt is from the CRC paying ~$23M for the Pedcor's parking garage at City Center that is apprased at $13M. Why did we pay over the top money for a private businesses parking? What did we get out of it? Pedcor got free parking for their apartment and business tenants. Pedcor now gets another building for free that taxpayers have ~$3M tied up in. This is NOT a win win for taxpayers. It is just a win for Pedcor who contributes heavily to the Friends of Jim Brainard. The campaign reports are on the Hamilton County website. http://www2.hamiltoncounty.in.gov/publicdocs/Campaign%20Finance%20Images/defaultfiles.asp?ARG1=Campaign Finance Images&ARG2=/Brainard, Jim

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