Advanced Systems International - Applications Outsourcing Pioneer Carlos E. Bravo Joins Advanced Systems International Board.SOUTHFIELD, Mich.--(BUSINESS WIRE)--July 29, 1999-- Advanced Systems International ("ASI ASI, n See Anxiety Sensitivity Index. ") (NQB:ADSN ADSN Accounting & Disbursing Station Symbol Number ADSN Anti-Discrimination Support Network ADSN Accounting Disbursing Station Number ADSN Accounting and Disbursing Symbol Number ) (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:ADSN), a leading provider of enterprise software solutions, today announced the appointment of Carlos E. Bravo to its Board of Directors. Mr. Bravo is currently a Vice President of USinternetworking Inc., ("USi"). In announcing the appointment, Gerry Pesut, president and 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. of ASI, said, "Mr. Bravo brings to our board exceptional strategic thinking, product launch experience, and contacts in the computer industry's hottest growth areas -- web connectivity, applications outsourcing and ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. . We expect him to take an active role in guiding ASI's marketing and sales thrust into these arenas." Before joining USi, Mr. Bravo was a co-owner of IIT IIT - Integrated Information Technology Inc., a global IT consulting and systems integrator, specializing in PeopleSoft implementations to Fortune 500 clients. Under his leadership, IIT merged with USi. Mr. Bravo was also a co-founder of Comdisco Inc.'s Systems Integration Business Unit, and was instrumental in the startup of several other successful companies. Mr. Bravo said, "In the emerging markets that I have had a role in developing, there are significant new opportunities for both of ASI's product lines. The ATLink(TM) DDA (data distribution and access) solution is unique and the company is well staffed and positioned to make a significant impact on the ERP market. The ATServer(R) product has powerful, client/server time, attendance and labor allocation functionality that matches up very well with the requirements of applications outsourcing as well as provides the ability for seamless integration with leading HRMS HRMS Human Resource Management System HRMS High Resolution Microwave Survey (SETI, Project Phoenix) HRMS High Resolution Mass Spectroscopy HRMS High Resolution Molecular Spectroscopy HRMS Human Resources Management Specialist ERP systems." Advanced Systems International is a leading supplier of time and attendance and labor allocation applications, as well as data distribution and access (DDA) solutions for the Enterprise Resource Planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP) environment. ASI's cost effective, comprehensive product offering includes the application software, hardware, implementation services and on-going support necessary for rapid deployment of enterprise-wide distributed processing. Key markets include automotive, automotive supply, packaged goods, and pharmaceuticals, food processing and other manufacturing industries. The company markets its products through direct sales and in conjunction with strategic partners. Investor Relations: Quentin Mai Telephone: (248) 263-0000 Toll Free: (888) 399-7000 www.advsysintl.com qmai@advsysintl.com In conjunction with the provisions of the new "Safe Harbor" section of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, this news release may contain forward-looking statements pertaining to future anticipated projected plans, performance and developments, as well as other statements relating to future operations. All such forward-looking statements are necessarily only estimates of future results, and there can be no assurance that actual results will not materially differ from expectations. Further information on potential factors that could affect Advanced Systems International is included in the company's Form 10 filed with the Securities and Exchange Commission. |
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