Blacksburg, VA - VTLS Inc. ended its fiscal year on June 30, 2002, on a very high note with increased customers, revenues and profits. At its Board Meeting on July 15, Board members were presented with unaudited results indicating a six percent growth in revenues with profits at nine percent of revenues. Audited results will be available in September.
This quarter, 21 libraries selected Virtua, the company's new integrated library system. These sales bring the total number of Virtua contracts to more than 100 with 75 sites already installed. The new Virtua customers are distributed around the globe.
The Peddie School in Hightstown, New Jersey, became the first K-12 school to purchase Virtua since the initiation of a joint program between SUN Microcomputers and VTLS Inc. to address the special needs of K-12 schools. The Peddie School's Walter H. Annenberg Library serves high school students and staff with a collection of 30,000 volumes and more than 200 periodicals. Installation is set for this fall.
The American Jewish Archives on the campus of Hebrew Union College located in Cincinnati, Ohio, chose Virtua SLE - Small Library Edition with a five-user license and all the subsystems that Virtua ILS offers, including the Chameleon iPortal, precision searching and Infostation, Virtua's Web-reporting subsystem.
Yeshiva University in New York worked closely with VTLS Inc. to test and hone the Hebrew implementation of Virtua on the client and Web OPAC. Virtua is based on Unicode® and as such supports all the world's languages, including Hebrew and Arabic, which have right-to-left directionality. Installation at the University is underway.
Frederick Community College in Maryland, a user of the VTLS Classic library system, has agreed to upgrade its system to Virtua this fall.
Phillips Petroleum Corporation in Oklahoma and Universisas Automnoma de Nuevo Leon in Mexico will also upgrade to Virtua.
The Brazilian office of VTLS located in Rio de Janeiro reported two new Virtua sales. These are Universidade Estadual de Maringá and Universidade Federal do Paraná (UFPR).
UFPR is one of the main universities in the south of Brazil and is a distinguished contributor for the national union catalog. They selected Virtua following a thorough evaluation. UFPR is also a Linux center of excellence, and decided to install their 128-user Virtua under Linux.
Universidade Estadual de Maringá, is the third institution in this state to adopt Virtua for its library automation needs. Their primary goal is to provide improved services to patrons through the use of the unique features of Virtua iPortal and native Z39.50 support.
Nyenrode University Library, previously an Aleph user, becomes the first institution in Europe to select Virtua with hosting services offered by VTLS Inc. Whereas several institutions in the United States have hosting contracts with VTLS Inc., European institutions have been slow to embrace this concept. This service will be extended to Nyenrode by VTLS' European office in Barcelona, Spain. Nyenrode University, Holland's only private university, is acclaimed for its school of business and economics. The library, which serves students and staff, has a collection consisting of about 25,000 books, 1,000 magazine subscriptions (both printed and electronic copies), annual reports of 1,700 national and international companies, reference materials, and theses and dissertations. Nyenrode is expected to go live with Virtua in October 2002.
The VTLS European office in Barcelona, Spain, also reported that Caixa Laitano de Mataro has opted for Virtua ILS with an eight-user license.
Kuzbass State Technical University in Kemerovo, Russia joins the growing ranks of VTLS customers successfully implementing ILS systems in Russia. Tomsk University is a shining example of this trend.
In addition to VTLS' new customers, the company received a commitment from TEI of Thessaloniki to upgrade its Virtua applications. TEI of Thessaloniki is one of the foremost technical universities in Greece. The university has decided to upgrade to Virtua and to purchase the Chameleon iPortal with the additional components of Selective Dissemination of Information (SDI), Thesaurus, and the MetaCat cataloging tool.
African Development Bank in Abidjan, Ivory Coast and Egyptian National Agricultural Library in Cairo became Virtua customers this quarter. The system in Egypt is to be used by a consortium of agricultural libraries. Installation of the system was completed in June. The system at the African Development Bank will be installed in September. These two installations follow the successful deployment of Virtua at the Bibliotheca Alexandrina last year. The Bibliotheca Alexandrina is the resurrection of the world's oldest library at Alexandria. The Library will be officially inaugurated in October. Asia
The University of Hyderabad became the first institution in India to install the Digital Library Program along with Virtua. The Digital Library initiative was a joint project between VTLS, SUN Microsystems and University of Hyderabad. The University is installing a full Virtua system with the High-Resolution Image Navigator to display its digital content. In addition to the implementation of Virtua, the program calls for the digitization of several hundred books and manuscripts held in the library.
VTLS opened a new office in Malaysia about a year ago. The availability of local support has made Virtua a very attractive option to the libraries in that region. Several libraries in Malaysia have now committed to Virtua. Universiti Terbuka in Malaysia (UNITEM) selected Virtua and became the first institution in Malaysia to implement the VTLS RFID technology to manage their material flow. The Ministry of Education (MOE) the International Medical University (IMU) and Pahang Skills Development Centre (PSDC), all in Malaysia, also selected Virtua. Other Virtua customers in Malaysia are Universiti Putra Malaysia (UPM) and Universiti Kebangsaan Malaysia (UKM) and Universiti Tun Abdul Razak (UNITAR).
A consortium of 19 Rajabhat Colleges in Thailand made a collective decision to upgrade their consortium system to Virtua. The installation will include record conversion and training in the Thai language.
Central Queensland University joins a growing number of Australian Virtua users.
Dr. Vinod Chachra, president of VTLS Inc., said that he is delighted to see that Virtua has a broad appeal to a variety of libraries all over the globe. "We are particularly pleased with our remote installation services and Web-based training services, which allow us to complete effective installations on all continents."
About VTLS Inc.
VTLS Inc. (www.vtls.com) is an ISO 9001 registered company. With over 25 years of experience creating smarter libraries, museums, archives and corporations, VTLS Inc. is an international leader in integrated library automation, digital imaging services and RFID technology. VTLS Inc. solutions include Virtua ILS - Integrated Library Systems, Visual MIS - Multimedia and Imaging Solutions and Vista CPS - Companion Product Suite. VTLS is a corporate member of the American Library Association, a voting member of NISO, and a charter member and sponsor of CNI. A diverse customer base of more than 900 libraries located in 32 countries gives VTLS a global perspective of the industry and compels the company to abide by strict international standards.