CTB/MCGRAW-HILL SELECTS TANGRAM's ASSET INSIGHT PRODUCT.RALEIGH Raleigh (rôl`ē, räl`ē), city (1990 pop. 207,951), state capital, and seat of Wake co., central N.C.; the site was selected for the capital in 1788, and the city was laid out and inc. 1792. , N.C.--(BUSINESS WIRE)--Dec. 5, 1996--Tangram Enterprise Solutions, 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 : TESI TESI Tissue Engineering Society International TESI Traumatic Events Screening Inventory TESI Tècnica del So i la Imatge S.L. (video and audio engineering) TESI Tension and Effort Stress Inventory TESI Teachers Earth Science Institute ), a market leader in asset tracking software, today announced that CTB/McGraw-Hill, a division of McGraw-Hill The McGraw-Hill Companies, Inc., (NYSE: MHP) is a publicly traded corporation headquartered in Rockefeller Center in New York City. Its primary areas of business are education, publishing, broadcasting, and financial and business services. , has purchased and begun the implementation of Tangram's Asset Insight product. "After a thorough review of asset tracking products by my development staff, we have determined Asset Insight to be `best of breed' and are moving forward with immediate implementation," stated Bong Park, Director of Systems and Technology for CTB/McGraw-Hill. "One of the main reasons that we chose Asset Insight is the broad platform support. We have Windows(R) 3.1, Windows 95, NT, Macintosh(R), and NetWare A family of network operating systems from Novell that support Windows, Macintosh, DOS and OS/2 clients. Unix client support is available from third parties. In the early 1990s, NetWare was the largest installed base of LAN operating systems (see Novell). (R) -- a very diverse enterprise." Asset Insight is a business management software solution that reduces the cost of ownership of a distributed enterprise by providing executives and managers with immediate and reliable insights into their changing client/server asset base. "The sale of Asset Insight to CTB/McGraw-Hill confirms the market demand for an asset tracking solution focused on providing unique analyses that enable executives to make informed decisions by recognizing historical technology shifts and forward planning forward planning n → planificación f por anticipado technology requirements," said W. Christopher Jesse Jesse (jĕs`ē), in the Bible, the descendant of Rahab, the grandson of Boaz and Ruth, and the father of David. Referring to the restoration of the Davidic monarchy, the Book of Isaiah speaks of a shoot coming from the "stump of Jesse. , President and Chief Executive Officer at Tangram. "The market response to Asset Insight and the interest generated by our resellers have been encouraging. To ensure our continued high level of responsiveness to our resellers and their customers, we plan to double our work force over the next 12 months." The sale of Asset Insight to CTB/McGraw-Hill is a result of the efforts of CompuCom Systems, Inc., a national value added reseller See VAR. (company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software). for Tangram. "In addition to this sale to CTB/McGraw- Hill, we have Asset Insight installed in pilot programs at several major companies and we are tracking over eighty qualified leads for the product, representing well over five hundred thousand seats," said Stephen Marcus Stephen Marcus (born Stephen Mark Scott, 18 June 1962) is a British actor, best known for his role as Nick the Greek in Lock, Stock and Two Smoking Barrels. Marcus plays American football in the UK for the BAFL One team Sussex Thunder. , Vice President of Services Sales Support at CompuCom. "The demand for an asset tracking solution amongst our clients is growing rapidly and our number of qualified leads is representative of the excitement over the Asset Insight solution." For more than a decade, Tangram Enterprise Solutions, Inc. has provided asset tracking and electronic software distribution solutions for major organizations throughout the world. Tangram's product lines support the leading, industry standard client/server and local area network environments and all major connectivity options. Tangram is a member of the Safeguard Scientifics, Inc. partnership of companies. Safeguard develops advanced technology-oriented, entrepreneurially driven companies with an emphasis on information technology markets. More information is available on our World Wide Web site at http://www.tesi.com or call 1-800-4TANGRAM. -0- All product names are registered trademarks of their respective owners. CONTACT: Tangram Enterprise Solutions, Inc., Raleigh Teresa Poppen, 919/851-6000 |
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