Avatech Solutions Authorized by Autodesk to Sell to Higher Education Institutions and Students in 48 US States.Business Editors/High-Tech Writers OWINGS MILLS, Md.--(BUSINESS WIRE)--Dec. 10, 2002 Avatech Leverages Existing Infrastructures, Relationships and Expertise with Fortune 1000 Customers to Benefit Post-Secondary Educational Clients Avatech Solutions (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AVSO AVSO Association of Voluntary Service Organisations .OB), a leading provider of design automation and quality assurance solutions for the manufacturing, building design, civil engineering and GIS (1) (Geographic Information System) An information system that deals with spatial information. Often called "mapping software," it links attributes and characteristics of an area to its geographic location. markets, today announced it has been authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: by Autodesk as an Authorized Educational Reseller (AER) to sell products and services to post-secondary educational institutions and students in 48 US states, previously authorized to sell in only 5 states. This new business opportunity leverages existing resources and best practices in the commercial space with top Fortune 1000 customers and enables Avatech to tap into the huge American educational market segment including colleges, universities and career schools. The initiative fulfils a key mandate of Avatech's to help further technology education in the US. Avatech offers a unique multi-disciplined team approach to help institutions implement the latest design automation technology in their classrooms--created to keep students and institutions on the leading edge. Avatech will help students and companies come together through the endorsement of programs and services such as internships, co-op programs and identifying employment needs among its commercial clients. John Olson
Avatech will also host an ongoing series of guest presentations by Avatech experts and customers, designed to promote the professional field of engineering and provide more insight into the possibilities available by using the latest digital design software. "With a national footprint and relevant programs already established, post-secondary educational institutions are now served by an industry professional solely committed to putting maximum value into their technology investments," said Gary Smith Gary Smith may refer to:
sales manager n → directeur commercial sales manager sale n → at Autodesk. "Avatech's commitment to servicing and growing the education market with its national team of experts, support and training centers, will help fulfill Autodesk's mandate to provide better service to our educational clients." About Avatech Solutions Avatech Solutions, Inc. is a leading provider of design automation and quality assurance solutions for the manufacturing, building design, civil engineering and GIS markets. Headquartered in Owings Mills, Maryland Owings Mills is an unincorporated community and a census-designated place in Baltimore County, Maryland, United States. The population was 20,193 at the 2000 census. Owings Mills is home to the northern terminus for the Baltimore Metro Subway and to Owings Mills Mall. , the company specializes in software development, technical support, training and consulting aimed at improving design and documentation efficiencies and the 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. of workflow processes. Avatech is one the largest integrators of Autodesk software worldwide and a leading provider of engineering document management solutions. The company is the developer of the award-winning PrescientQA(TM) quality assurance software and cycle time reduction products for the manufacturing supply chain. Avatech serves 20,000 clients worldwide including the industry leaders from Fortune 1000 and Engineering News Record's Top 500 companies. Visit www.avatechsolutions.com for more information. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. about the expectations, beliefs, plans, intentions and strategies of Avatech Solutions, Inc. There are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information. A description of risks and uncertainties attendant to Avatech and its industry, and other factors that could affect Avatech's financial results, are included in the Securities and Exchange Commission filings of PlanetCAD, Inc., which merged with Avatech on November 19, 2002 including, but not limited to, PlanetCAD's annual report on Form 10KSB KSB Kogod School of Business (American University) KSB Kelley School of Business (Indiana University) KSB Kantonsschule Am Brühl St. for the year ended December 31, 2001, its quarterly reports on form 10-Q Form 10-Q See 10-Q. for the fiscal quarters ended March 31, June 30, and September 30, 2002, and the proxy statement/prospectus relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the merger of Avatech and PlanetCAD. Investors and shareholders may obtain a free copy of these documents at the SEC's web site at www.sec.gov, or by contacting Gary Rever at Tel: (410) 902-6900 or email investors@avat.com. |
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