Automated Testing Solutions relocates to new headquarters facilities; Secures $2 million in venture equity funding to expand distribution for European software development tools in U.S.A., as well as open sales channels overseas for American products.DALLAS--(BUSINESS WIRE)--July 10, 1996--Automated Testing Solutions Inc. (ATS), developer and marketer of integrated software products for automated testing and quality management of X and Windows-based client/server applications, announces relocation to new, expanded headquarters. ATS' address is 9400 North Central Expressway, Suite 1201, Dallas, Texas 75231. New telephone is (214) 265-8787; fax: (214) 265-1019. According to Derek South, president of ATS U.S.A. and co-founder of ATS GmbH (Munich), "The rapid acceptance of our X-Tester product line by many Fortune 100 corporate customers prompted the move to expanded facilities here in Dallas. The recent infusion of $2 million in venture equity allows ATS to expand both here in the United States and in Europe. Technologieholding GmbH, a Munich-based venture capital firm specializing in high technology equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. , is our primary VC partner." "In addition to internally developed products," South added, "ATS distributes two complementary products, SQA's TeamTest family and Source Navigator, a UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). , Windows NT, and Windows 95 based source code browser. PathFinder allows developers to quickly understand large and complex applications written in C/C C/C Center to Center C/C Combustion Chamber C/C Command/Control C/C Crew Chief C/C cabin cruiser (US DoD) C/C chief complaint (medical) C/C Channel-to-Channel C/C Communication and Collaboration ++, Tcl or FORTRAN. ATS has also been selected as the master distributor by SQA SQA Scottish Qualifications Authority SQA Software Quality Assurance SQA Supplier Quality Assurance SQA Society of Quality Assurance SQA Singapore Airlines SQA Sperm Quality Analyzer SQA System Quality Assurance SQA Statistical Quality Analysis for the German, Austrian and Swiss markets." Automated Testing Solutions was founded in 1994 to provide a distribution channel in the U.S. for European software development tools and similarly, a sales channel in Europe for American products. Services include a comprehensive range of options from complete SEI and ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9000 audits to simple turn-key projects. The company maintains offices in Dallas, Munich and Berlin. CONTACT: Automated Testing Solutions Inc. Derek South, 214/265-8787 dsouth@atscorp.com or Steven Swartz Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most 617/245-8890 Compuserve 73621,1723 |
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