Comdisco and Asset Software International form global alliance to meet growing demand for desktop asset management.ROSEMONT, Ill. and OTTAWA, Ontario--(BUSINESS WIRE)-- Sept. 30, 1996--Comdisco Inc. (NYSE NYSE See: New York Stock Exchange :CDO (Collaborative Data Objects) A programming interface from Microsoft for accessing MAPI-based e-mail, calendaring and scheduling servers. Originally called "OLE Messaging" and "Active Messaging," CDO wraps the Enhanced MAPI library into a COM object that provides the ) and Asset Software International Corporation (ASI ASI, n See Anxiety Sensitivity Index. ) today announced that they have entered into an agreement to cooperatively provide asset management software and services worldwide. Financial terms of the transaction were not disclosed. Under the agreement, Comdisco and ASI will develop a common data exchange interface for Comdisco's CLASS(R) and ASI's AssetPRO(TM) -- market-leading asset management software solutions -- allowing Comdisco and ASI customers to take advantage of the strengths of both products. The companies will also coordinate future development of their tools, uniting the strengths and expertise of the industry's premier asset management companies. Under its SelectSourcing(SM) model, Comdisco now has the flexibility to recommend and implement either product, or integrate components of both, as part of its suite of asset management services. The terms of the agreement also name Comdisco an authorized worldwide distributor of ASI's full suite of market-leading asset management software tools, which include AssetPRO, AssetREQUEST(TM), and AssetRADAR(TM). CLASS and AssetPRO are asset management software tools that allow organizations to electronically order, track, and manage their information-technology assets. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. leading industry analysts, effective asset management -- a systematic approach to managing technology assets -- can reduce total computing costs by as much as 26 percent. Both companies will continue to work closely with the value-added reseller A value-added reseller (VAR) is a company that adds some feature(s) to an existing product(s), then resells it (usually to end-users) as an integrated product or complete "turn-key" solution. channel and other alliances to deliver their respective products and services. "The need for asset management software and services is rising dramatically around the world," said William Bray, executive vice president of Comdisco Technology Integration Services. "At the heart of effective asset management is a central data repository See repository. to better manage procurement and disposal activities, physical inventory, contracts, and financial information. Offering our customers a choice between, or combination of, CLASS and AssetPRO as part of our overall services ensures that we can provide the best solution based on the individual needs of our customers." "ASI and Comdisco have more experience than any other asset management providers," said Gordon Rielly, 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. "Through this agreement, we are uniting the premier independent asset management software developer and the leading independent technology services company. We intend to share our expertise and integrate new features and functionality into our products to help companies better manage the significant investments they have made in distributed computing (1) The use of multiple computers networked throughout a wide geographical area, or the world via the Internet, in order to solve a single problem. See grid computing. (2) The use of multiple computers in an enterprise rather than one centralized system. systems." First introduced in 1992 with version 3.0 announced last November, AssetPRO is an enterprisewide, multiplatform asset management software package that includes modules for procurement, help desk, management, maintenance, and leasing of technology assets. Comdisco's CLASS, originally launched in 1990 with version 4.3 introduced in April, is a sophisticated asset management software tool for the electronic ordering, tracking, and management of PCs, software, and other high-tech assets. Comdisco also offers a full range of professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. to help companies assess, implement, and manage life-cycle processes, systems activities, and technology infrastructures. Asset Software International is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. with headquarters in Ottawa, Canada. ASI maintains offices in Canada, Europe, and the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , where it has a network of asset management partners to provide complete life-cycle asset management solutions. For more information, visit ASI's Web site at http://www.assetpro.ca. Comdisco Inc. (NYSE:CDO), a technology services company, is one of the world's leading providers of solutions that help organizations reduce technology cost and risk. These services include asset management; equipment leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits
Comdisco and CLASS are registered trademarks and SelectSourcing is a service mark of Comdisco Inc. ASI, Asset Software International, AssetPRO, AssetRADAR, and AssetREQUEST are registered trademarks of ASI Corporation. EDITOR'S NOTE Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : There is an "at" symbol following "nflulofs" and "76245.1227" in the e-mail addresses below. This symbol may not appear properly in some systems. CONTACT: Comdisco Inc. Neal Lulofs, 847/518-5616 nflulofs@comdisco.com or ASI Corporation Sue Ann Wright, 613/723-7374 x127 76245.1227@Compuserve.com |
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