Henter-Joyce Merges With Freedom Scientific Inc.
Corum Group announced today that its client, Henter-Joyce, the world's leading company in providing screen-reader software technology to blind and visually impaired computer users, has merged with Freedom Scientific Inc. Freedom Scientific was formed to offer a wide range of assistive technology products for the visually-impaired, speech and hearing impaired, and learning-disabled.
(Photo: http://www.newscom.com/cgi-bin/prnh/19990519/SFW059 )
According to Nat Burgess, Sr. Vice President of the Corum Group, "Freedom Scientific is focused on creating innovative, technology based products and solutions for people with sensory and learning disabilities. Ted Henter and his team at Henter-Joyce will bring energy and software technology leadership to Freedom Scientific in pursuit of these goals."
About Henter-Joyce, Inc.
After an automobile accident that left him blind, Ted Henter realized that career opportunities for blind engineers were limited. He started as a programmer, and in 1981 he joined a company developing the first talking computers for blind and visually-impaired users. He founded Henter-Joyce in 1987 on the premise that visual impairment need not hinder people's professional, creative or academic pursuits. Today, Henter-Joyce, Inc. is the world leader in computer screen-reader technology.
About Freedom Scientific Inc.
Freedom Scientific is headed by Richard Chandler, the founder and former CEO of Sunrise Medical, Inc., one of the world's leading manufacturers of rehabilitation products for the elderly and disabled. Simultaneously with the Henter-Joyce transaction, Blazie Engineering, the premier US manufacturer of hardware products for the blind, was also merged into Freedom Scientific. Two leading private equity firms, Patricof & Co. Ventures and Summit Partners, have funded Freedom Scientific.
About The Corum Group
Corum Group is a world leader in assisting software and Internet companies in mergers and alliances. Corum has worked with hundreds of software and Internet firms in technologies ranging from mainframe applications to multimedia games throughout North and South America, Europe and Asia. Partners for Corum clients have included Microsoft, XEROX, Intel, Symantec, PageNet, Fiserv, 3COM, SunGard, Corel, MathSoft, EDS, Fujitsu and Attachmate as well as numerous other foreign and domestic firms. To assist its clients, Corum has built the largest, most active database of software-related companies in the world (over 58,000 contacts) and the industry's most detailed valuation methodologies. For more information, visit Corum's website at www.corumgroup.com.