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ASNA Invests in European Market Success; ASNA Cements Commitment to European Growth with Investment in Spanish Partner CaCovai SSL.


SAN ANTONIO & GUILDFORD, England -- ASNA ASNA Amalgamated Software of North America
ASNA Architecture and Services of Network Applications
ASNA Alabama State Nurses Association
ASNA Actuarial Students National Association (Canada)
ASNA Arctic Slope Native Association
 today announced it has made a minority equity investment in CaCovai 400 S.L., a Spanish Sociedad Limitada through its wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 ASNA Ltd. CaCovai 400 S.L., is an ASNA channel partner delivering software solutions throughout Spain based upon ASNA development products. As a long time successful partner, CaCovai has demonstrated expertise with ASNA technologies and proven ability to grow the market and meet customers' needs.

ASNA has demonstrated through its development efforts in creating ASNA Visual RPG (Report Program Generator) One of the first program generators designed for business reports, introduced in 1964 by IBM. In 1970, RPG II added enhancements that made it a mainstay programming language for business applications on IBM's System/3x midrange computers.  for .NET, ASNA DataGate, and ASNA Monarch a deep understanding and commitment to help midrange systems users extend their applications, programs, and development resources to Microsoft .NET. ASNA leads the way for the AS/400 System i5 Community to evolve their System i5 assets to take advantage of Web services, improved user accessibility, and high-performance application integration while leveraging the rich experience and enterprise value of existing applications, data, business processes, and development staff.

"CaCovai has been very successful with their efforts to help customers throughout Spain evolve and extend their System i5 RPG applications to Microsoft .NET. Our investment will help ensure that Carlos and his very capable team continue to capitalize on their success and fortify the opportunity to leverage the growth of Microsoft .NET throughout Spain," said Derek Cooper, Managing Director, ASNA Ltd.

The company did not disclose the terms of the agreement.

ASNA (Amalgamated a·mal·ga·mate  
v. a·mal·ga·mat·ed, a·mal·ga·mat·ing, a·mal·ga·mates

v.tr.
1. To combine into a unified or integrated whole; unite. See Synonyms at mix.

2.
 Software of North America, Inc.) has been developing visual programming and systems software for the midrange community since 1982. ASNA Web and Windows development products include ASNA Visual RPG for .NET, DataGate, and ASNA Monarch. ASNA solutions are part of the System i Developer Roadmap, and the company is an Advanced Tier Member of IBM's PartnerWorld for Developers, a Microsoft Visual Studio Microsoft Visual Studio is Microsoft's flagship software development product for computer programmers. It centers on an integrated development environment which lets programmers create standalone applications, web sites, web applications, and web services that run on any platforms  Industry Partner, and a Microsoft Gold Certified Partner. ASNA is also a founding member of the Midrange Alliance Program, or MAP, and an exclusive Delivery Partner for the Microsoft NXT NXT Next  program for ISVs. Business applications developed with ASNA Visual RPG (AVR (Automatic Voltage Regulation) See voltage regulator. ) and DataGate are used by more than 750,000 end-users and in hundreds of commercial Web sites. Based in San Antonio, Texas “San Antonio” redirects here. For other uses, see San Antonio (disambiguation).
San Antonio is the second most populous city in Texas, the third most populous metropolitan area in Texas, and is the seventh most populous city in the United States. As of the 2006 U.S.
, ASNA also has offices in Europe (Guildford, UK) and 30 international distributors. For more information, please visit www.asna.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 20, 2006
Words:378
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