Avatar Systems, Inc. (OTC Bulletin Board: AVSY) announced an agreement with Dell Computer Corporation (Nasdaq: DELL) of Round Rock, Texas. Avatar has signed an agreement to be a Value Added Reseller (VAR) of Dell computer hardware and related products including software to businesses and organizations. Some of the products which Avatar is permitted to resell include the Optiplex, Latitude, Precision, PowerEdge, Dimension, and Inspiron product lines.
Chuck Shreve, Avatar’s President and Chief Executive Officer remarked, “This new agreement strengthens Avatar’s ability to provide clients with the best of breed products available. Our customers will be given the ability to purchase quality Dell products through Avatar. Not only will the customer be able to purchase the products, they will also receive installation and support options from our friendly, highly trained staff. We will have a strong array of hardware and other Dell products to cross sell to our growing customer base.”
In addition to its oil and gas customer base, Avatar plans to market Dell to vertical markets such as the mortgage, healthcare and title industries. “The strategic move to offer an exceptional hardware solution to a broader customer base should provide an additional revenue growth opportunity for Avatar,” Shreve said.
“Avatar and Dell share an entrepreneur spirit and aggressive vision — key ingredients to driving success,” said Shreve. Shreve added, “Both companies have consistently earned unusually high levels of customer satisfaction. As a Dell Reseller, we expect to raise that bar even higher.”
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.
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 as a Dell Value Added Reseller.
Dell Computer Corporation is the world’s No. One computer systems company and is a premier provider of products and services required for customers to build their information-technology and Internet infrastructures. The company’s revenue for the past four quarters totaled $31.8 billion. Dell ranks No. 48 on the Fortune 500, No. 122 on the Fortune Global 500 and No. 7 on the Fortune Global “most admired” lists of companies. Dell, through its direct business model, designs, manufactures and customizes products and services to customer requirements, and offers an extensive selection of software and peripherals. Information on Dell and its products can be obtained on the World Wide Web at http://www.dell.com/.
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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Source:
PRNewswire-FirstCall via COMTEX/
AVSY — Avatar Systems, Inc.
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