AbleSoft Systems Launched to Develop Web-Enabled and ASP Classroom and Administrative Solutions for K-12 Schools.Business Editors/Hi-Tech Writers PENNSAUKEN, N.J.--(BUSINESS WIRE)--Nov. 2, 2000 AbleSoft, Inc., producer of the popular Teacher's Toolbox See toolkit and toolbar. classroom management software, has launched a new subsidiary to engage in the web-enabled solution market. AbleSoft Systems will provide classroom and administrative software solutions in an ASP format to public and private K-12 schools. The announcement of the new division comes days after the acquisition of Vantage Point, an emerging administrative software package in use in over 70 school systems in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . AbleSoft Systems will offer a complete classroom, school and district administrative solution, integrating Teacher's Toolbox with the Vantage Point software. These administrative solutions will continue to be marketed towards charter, private and parochial K-12 schools, colleges and non-profit organizations A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes. . Annually, the K-12 market spends in excess of $4 billion in software and internet-related communications. These products, published under the brand name Vantage Point, will be available initially as traditional software packages. Development is already underway to release a new web-enabled version of the software as an ASP solution, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. AbleSoft Systems CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Mr. Keith Mintzer. Analysts have predicted that the ASP market will grow to a $21 billion market by 2003. The company is also developing wireless compatibility so educators can use standard handheld devices for daily classroom and administrative functions. "Delivering software in an ASP format significantly reduces the cost of development and operations, enabling us to pass on those savings to the schools," added Mr. Mintzer. "Offering seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. and functionality at affordable prices makes AbleSoft System's solutions an ideal choice for private and parochial schools parochial school (pərō`kēəl), school supported by a religious body. In the United States such schools are maintained by a number of religious groups, including Lutherans, Seventh-day Adventists, Orthodox Jews, Muslims, and ." Already in use in over 70 school systems in the United States, and one school system in Russia, Vantage Point costs a fraction of other competitors' products. Unlike major software systems that can cost a typical customer in excess of $100,000 to purchase, Vantage Point can be brought into a school system starting at under $10,000. About AbleSoft Systems AbleSoft Systems is a 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. of AbleSoft, Inc. Based in Pennsauken, New Jersey, AbleSoft is the producer of Vantage Point software, the popular classroom management program Teacher's Toolbox, along with a complete line of educational and reference software. Products include Teacher's Puzzle Creator, which allows teachers to design puzzles for use as worksheets and tests; Library of the Future, 4th Edition, containing 5,000 literary and historical documents on one CD; and Teacher's Internet Tools, which provides a program for combating Internet plagiarism Using ideas, plots, text and other intellectual property developed by someone else while claiming it is your original work. . For more information, please visit www.ablesoft-inc.com. |
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