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Applied Data Systems Completes Acquisition of Fine Arts & Software

Combined company to deliver software and services from four offices across the US

MINNEAPOLIS, Minn. - May 08, 2007 – Applied Data Systems, Inc. (ADSI) today announced the completion of its acquisition of Fine Arts & Software, Inc. (FAS). The transaction was finalized on Friday, May 4, 2007.

The combination of ADSI and FAS creates one of the largest and most sophisticated ARCHIBUS™ business partners in the United States. The acquisition brings together some of the most talented programmers and consultants to create a team with vast expertise implementing Total Infrastructure and Facilities Management (TIFM™) solutions. The move accelerates ADSI's strategic initiative to provide turn-key TIFM solutions to the Infrastructure Management community.

"I believe TIFM implementations will continue to increase in complexity and sophistication over the next several years," said Howard Shotz, former President of FAS. "Clients are looking for implementation partners with experience, a solid technical team and a proven track record delivering complete, sophisticated implementations. I believe ADSI can provide that level of service."

This week the company will begin executing the planned integration of the two companies' operations, networks and customer care organizations to ensure a smooth transition and immediate value for customers, partners and vendors.

Management of the combined company includes executives from both organizations. Linda Filippi continues as chief executive officer and James Filippi remains as president. FAS President Howard M. Shotz has joined ADSI as a Vice President. FAS employee Dr. Jens Martinsen has joined ADSI as a Senior Programmer, FAS employee Robert Faure has joined ADSI as a Senior Implementation Specialist and FAS employee Kirsten Swenson has joined ADSI on the professional services team.

Finally, A New Option

Facility managers continue to struggle with the costs of buying software, training staff, and creating a database that gives them the results they need. As the power of facility management systems has increased, so too has the cost of software and the level of commitment required to be successful.

ADSI introduces ASSET-FM^TM as a solution for people who need access to information but wish to avoid the burdens of funding, building, and maintaining a functional system.

ASSET-FM^TM service lets ADSI carry the burden for you. We coordinate the right mix of off-the-shelf products and custom tools to design an internet solution that is right for you.

ASSET-FM^TM allows the central management of your database through use of the internet. Data is located in a central location and accessed via the internet through the use of any web browser.

By making ADSI the librarian for your system, you no longer require the support of your own information services department and can defer most of the up-front costs normally associated with CAFM/CIFM system implementations.

To take a test drive of the options please select the "Services" option from the navigational menu on the left-hand side of your screen.

Phone: 763-694-8900 Fax: 763-694-0799

Trademark ^TM products or name brands are property of their respective holders


Applied Data Systems Completes Acquisition of Fine Arts & Software Combined company to deliver software and services from four offices across the US MINNEAPOLIS, Minn. - May 08, 2007 – Applied Data Systems, Inc. (ADSI) today announced the completion of its acquisition of Fine Arts & Software, Inc. (FAS). The transaction was finalized on Friday, May 4, 2007. The combination of ADSI and FAS creates one of the largest and most sophisticated ARCHIBUS™ business partners in the United States. The acquisition brings together some of the most talented programmers and consultants to create a team with vast expertise implementing Total Infrastructure and Facilities Management (TIFM™) solutions. The move accelerates ADSI's strategic initiative to provide turn-key TIFM solutions to the Infrastructure Management community. "I believe TIFM implementations will continue to increase in complexity and sophistication over the next several years," said Howard Shotz, former President of FAS. "Clients are looking for implementation partners with experience, a solid technical team and a proven track record delivering complete, sophisticated implementations. I believe ADSI can provide that level of service." This week the company will begin executing the planned integration of the two companies' operations, networks and customer care organizations to ensure a smooth transition and immediate value for customers, partners and vendors. Management of the combined company includes executives from both organizations. Linda Filippi continues as chief executive officer and James Filippi remains as president. FAS President Howard M. Shotz has joined ADSI as a Vice President. FAS employee Dr. Jens Martinsen has joined ADSI as a Senior Programmer, FAS employee Robert Faure has joined ADSI as a Senior Implementation Specialist and FAS employee Kirsten Swenson has joined ADSI on the professional services team.
Finally, A New Option Facility managers continue to struggle with the costs of buying software, training staff, and creating a database that gives them the results they need. As the power of facility management systems has increased, so too has the cost of software and the level of commitment required to be successful. ADSI introduces ASSET-FM^TM as a solution for people who need access to information but wish to avoid the burdens of funding, building, and maintaining a functional system. ASSET-FM^TM service lets ADSI carry the burden for you. We coordinate the right mix of off-the-shelf products and custom tools to design an internet solution that is right for you. ASSET-FM^TM allows the central management of your database through use of the internet. Data is located in a central location and accessed via the internet through the use of any web browser. By making ADSI the librarian for your system, you no longer require the support of your own information services department and can defer most of the up-front costs normally associated with CAFM/CIFM system implementations. To take a test drive of the options please select the "Services" option from the navigational menu on the left-hand side of your screen.
Phone: 763-694-8900 Fax: 763-694-0799 Trademark ^TM products or name brands are property of their respective holders