Broadway & Seymour to acquire TMC.CHARLOTTE, N.C.--(BUSINESS WIRE)--March 30, 1995--William W. Neal, Chairman and Chief Executive Officer of Broadway & Seymour, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BSIS BSIS Bureau of Security and Investigative Services (California, USA) BSIS Battlefield Strategic Information System ) and Robert W. Johnson There have been several people named Robert W. Johnson:
TMC Texas Medical Center (Houston, TX) TMC Traffic Message Channel TMC The Movie Channel TMC Traffic Management Center ), today announced that Broadway & Seymour has signed a letter of intent to acquire TMC. TMC, headquartered in Hunt Valley, Maryland, provides timekeeping and accounting software to the legal profession. Management anticipates the transaction will be completed by May 1, 1995. TMC will become integrated with Elite Information Systems, a wholly-owned subsidiary of Broadway & Seymour. "We've been searching for logical acquisitions to strengthen market momentum even further," said Alan Rich, president of Elite. "This acquisition will considerably fortify for·ti·fy v. for·ti·fied, for·ti·fy·ing, for·ti·fies v.tr. To make strong, as: a. To strengthen and secure (a position) with fortifications. b. To reinforce by adding material. Elite and TMC." TMC provides legal billing and accounting systems, as well as other practice management systems for medium and large law firms, and has earned a strong market share with the quality of its software and services. TMC has approximately 90 clients across the United States. "TMC has an excellent product suite and distinguished reputation with its client. They are known well for their ability to build ancillary systems and to customize their product for a client's particular needs," said Rich. "Combined with Elite's products, client base, and reputation, we'll be able to offer even better services to our clients." One of the largest financial services software companies in America, Broadway & Seymour provides information technology solutions to the financial services marketplace and the professionals who support them. It offers application products, software development, systems integration, and outsourcing services. Headquartered in Charlotte, North Carolina “Charlotte” redirects here. For other uses, see Charlotte (disambiguation). Charlotte is the largest city in the state of North Carolina and the 20th largest city in the United States. , the company employs over 1,000 people in cities across the United States and abroad. CONTACT: Broadway & Seymour, Inc., Charlotte David Durham, 800/274-9287 or 704/372-4281 |
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