AVSY — Avatar Systems, Inc.
Neumin Production Company of Point Comfort, Texas, has selected Avatar’s oil and gas enterprise software solutions and document imaging product to enhance and upgrade its systems.
Chuck Shreve, President and Chief Executive Officer of Avatar stated, “Neumin Production is a long-time customer for our company and should generate approximately $330,000 in additional revenue in the first year. Neumin is an example not only of the potential for our products but the type of high quality exploration and production company that we target.”
Avatar Systems, Inc. is based in Frisco, Texas. The company provides enterprise resource solutions for companies engaged in the petroleum exploration and production industry as well as Document Management Imaging Solutions for all vertical markets. Avatar has a growing customer base on its Petroware(TM) products, customers utilizing the Company’s Avatar400(TM) IBM AS400 product, and subscribers utilizing its ASP services.
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:AVSY — Avatar Systems, Inc.
5728 LBJ Freeway
Suite 270
Dallas, TX 75240
Website: http://www.avatarsystems.net
Phone: 214 972-1800
