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Press Release: Auto-graphics, Inc. [February 2001]

Auto-graphics acquires Maxcess Library Systems

From Auto-Graphics Annual Report (SEC form 10-K) submited May 3, 2001.

In February of 2001, the Company completed the purchase of software and related assets of Maxcess Library Systems, Inc. for approximately $200,000. This purchase and resulting offering will afford the Company the opportunity to expand its current ASP (Application Service Provider) Impact/ONLINE(TM) product/services in the library automation area to include a fully Web based integrated library system (ILS) which will be offered to libraries, including those who currently use the Company's SLiMS (Small Library Management System) product, for license for "in library" use or as an ASP service under the trade name Impact/VERSO(TM). Acquisition of the Company's new ILS software on an ASP basis will provide libraries with a low capital investment alternative to their ILS needs, with no local software/hardware requirements (other than a Web browser and a PC workstation), allowing the library and their patrons to access and utilize the library's bibliographic holdings information via the Internet/Web.


Summary: In February of 2001 Auto-Graphics completed the purchase of software and related assets of Maxcess Library Systems, Inc. for approximately $200,000.
Publication Year:2001
Type of Material:Press Release
LanguageEnglish
Date Issued:February 2001
Publisher:Auto-graphics, Inc.
Company:
Company: Auto-Graphics, Inc.
Maxcess Library Systems, Inc.
Products: Verso
Subject: Mergers and acquisitions
Permalink: https://librarytechnology.org/pr/9149/auto-graphics-acquires-maxcess-library-systems

DocumentID: 9149 views: 55 Created: 0000-00-00 00:00:00 Last Modified: 2022-11-29 19:29:43.