MondayOct 08, 2007 6:54 pm

Avatar Systems, Inc (AVSY.OB) Receives Company Analysis from Beacon Equity Research

Avatar Systems, Inc (AVSY.OB) is a company based in the Dallas / Fort Worth, Texas area that provides enterprise resource solutions for companies engaged in petroleum exploration and production. Avatar has over 300 clients using their patented Petroware software, and another 140 clients using any number of additional patented Avatar products. Recently, a report published by Beacon Equity Research discussed four major developments within the company. These developments will be discussed below: 1. New software modules will fuel future growth. Avatar Systems plans to release two significant software modules in 2007. These new software modules are expected to catapult Avatars…

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MondayJul 02, 2007 4:42 pm

Beacon Equity Research Reiterates “Outperform” Rating and Raises “Target Price” to $2.75 for Avatar Systems, Inc. (AVSY.OB)

Recently, Beacon Equity Research updated its research on Avatar Systems, Inc. (AVSY.OB) reiterating its "Outperform" rating and raising its Target price to $2.75. The full report is available at http://www.BeaconEquityResearch.com In the report, the analyst writes, "Avatar Systems, Inc. provides enterprise resource solution software to the oil and gas industry. The Company is poised to benefit from increased IT spending by the oil and gas industry and is leveraging its opportunities through acquisitions, new products and services and an expanded customer base. Avatar produced 60%+ revenue growth and 80%+ earnings growth in 2006 and we expect the Company to report another year of…

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