StockGuru Blog: Avatar Systems, Inc. Joins Microsoft Partner Program

AVSYAvatar Systems, Inc.
Avatar Systems, Inc. (OTC Bulletin Board: AVSY), announced that it is a new member of the Microsoft Partner Program (MSP). MSP’s are independent companies that provide products and services based on Microsoft technologies to corporate, government, medium and small business customers.

Chuck Shreve, Avatar’s President and Chief Executive Officer commented, “Microsoft’s program has already provided us with great resources for our product development efforts. The program will benefit our customers by providing us direct access to resources and training solutions. As a Microsoft Partner, we’re better able to meet the needs of our growing customer base. We will be able to cross sell the Microsoft product line to our customers.”

“When customers are looking to implement a Microsoft technology solution for their business, their best bet is to turn to an expert — a Microsoft Partner,” said Rosa Garcia, General Manager of the Partner Programs Group at Microsoft. “Microsoft provides its Partners with in-depth access to existing and emerging Microsoft technologies and related training and resources to help ensure that they have the technical intimacy needed to deliver quality solutions. Today, Microsoft recognizes Avatar Systems for demonstrating this level of expertise and welcomes it as a new Microsoft Partner.”

Avatar Systems, Inc. currently has over 360 customers each with multiple staff members. Avatar will offer value added software and hardware at great prices as one more way to show continued commitment to providing its customers IT needs.

In addition to its oil and gas customer base, Avatar plans to market Microsoft to vertical markets such as the mortgage, healthcare and title industries. “The strategic move to offer full IT solutions to a broader customer base should provide momentum for additional revenue growth,” Shreve added.

Avatar’s customer base represents more than 10 percent of the total oil and gas financial management software market in North America. Their dedication to providing both large and small energy companies with the technology is confirmed by their involvement in the Microsoft Partner Program.

About Avatar Systems, Inc.: Avatar Systems, Inc. is based in Frisco, Texas. The company provides enterprise resource solutions for companies engaged in the petroleum exploration and production industry. � Currently, Avatar has a growing customer base of 360 on its Petroware(TM) products, approximately 50 customers utilizing the Company’s Avatar400(TM) IBM AS400 product, and 100 subscribers utilizing its ASP services. Three years ago, Avatar released its new 32 bit Windows based product, Petroware 2000(TM), which has had over 150 users since its release. Avatar launched its ASP (Application Service Provider) “RAPID”(TM) product in 1998. Avatar’s product portfolio provides excellent assistance in the crucial function of effectively managing a business in the petroleum industry.

Forward Looking Statement: The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward- looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties.

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Pentony Enterprises LLC was compensated $12,000 for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this.

Source:

PRNewswire-FirstCall via COMTEX

AVSYAvatar Systems, Inc.
Address:
5728 LBJ Freeway
Suite 270
Dallas, TX 75240
Website: http://www.avatarsystems.net
Phone: 214 972-1800

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