Jeff Wellemeyer
| Jeff Wellemeyer | |
|---|---|
| Born |
Jeff Michael Wellemeyer September 13, 1972 Louisville, Kentucky |
| Residence | Anchorage, Kentucky |
| Occupation | President/Chairman of Smoothstone IP Communications Corporation |
| Known for | Metro high-speed wireless Internet and creation of the cloud based business telephony |
Jeff Wellemeyer (born September 13, 1972) is an American entrepreneur, software developer and an international property and resort developer. He is best known for creating the cloud based communications technologies for delivering IP PBX services, developing the first high-speed wireless Internet technology and developing the first computer systems to process financial Automated Clearing House transactions on the Internet. Currently he is the President and Chairman of the Smoothstone IP Communications Corporation based in Louisville, Kentucky which he co-founded in 2000.
Wellemeyer was born in Louisville, Kentucky. He has one brother, former Major League Baseball pitcher Todd Wellemeyer.
Wellemeyer incorporated his first company at age 15. At age 17 as a senior in high school Wellemeyer developed the first solid state voice mail system for the home; releasing it to the public at the 1991 International Consumer Electronics Show in Las Vegas. The system was sold through NuTone intercom dealers nationwide as an enhancer to the diminishing home intercom business. It is unclear what became of this business.
In 1992 Wellemeyer created a chip counting technology using a laser in the bottom of a multi-denomination casino chip tray. This technology using a set of low powered optical lasers worked similar to a barcode reader allowing the casino to track winning in real-time by knowing the value of the chips at an individual table. Although there were some product trials the technology never gained wide market acceptance.
Later in 2004 Wellemeyer partnered with Casino Moguel Richard Schilling, Jr to start (Schilling/Wellemeyer Gaming) SW Gaming, LLC. dba. Harlows Casino and Resort, a $70 Million casino and resort property located in Greenville, Mississippi.
On September 13, 2010 SW Gaming dba Harlows Casino and Resort was sold to Churchill Downs for $131 Million.
In 1994, Wellemeyer developed the first Internet electronic lockbox where consumers could pay their bills electronically over the Internet using an ACH transfer from their checking account. This system provided the first Internet payment capabilities for customers of Mobil Oil, First USA VISA, and Sunoco.
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