Advanced Visual Systems, Inc. (AVSC.PK) Announces Plans to Spin Off New Technology for Monitoring Enterprise Networks
Advanced Visual Systems Inc., a data visualization software innovator, announced today that it will be spinning off a new technology for monitoring and managing Enterprise IT and revenue networks. The company is in discussion with several potential partners and anticipates the debut of the spin off before year-end. The new entity, in which AVS will hold a significant stake, will be known as VizStar. The spinoff will develop comprehensive solutions for Enterprise use with AVS's well-established OpenViz technology which has been widely applied in the fields of business intelligence, customer analytics and risk management and is highly suited to visualize…