NORTH KINGSTOWN – Access Solutions International Inc. announced Sept. 17 that it plans to liquidate its remaining assets and cease operations.
The company said it plans to sell its remaining assets, including inventory, property, equipment and intellectual property, discharge its liabilities and distribute the net proceeds to stockholders. The announcement came after a lengthy effort to find a potential buyer for the entire company, a statement from the company reads.
Access Solutions said that it has sold its remaining hardware and software maintenance contracts to Computer Upgrade Corp. of Corona, Calif., a privately held full-service integrator. The sale is for consideration of one-half of the gross margin on the contracts from July 1, 2002 through July 1, 2004.
During the period leading up to the announcement, Access Solutions says it worked to maximize business efficiencies and eliminate as many operating expenses as it could in an effort to conserve cash, service existing customers and to provide more time to examine all options.
The board of directors also considered whether to continue maintaining operations, but determined that the “lack of sales, the lack of personnel remaining at the company, the lack of demand for its product and the downturn in the company’s market” made its future too murky.
The plan of liquidation and dissolution still is subject to shareholder approval.
ePartners to host free
seminar in Providence
DALLAS – ePartners, an information technology solutions provider, will host a free, half-day seminar from 8:30 a.m. to noon on Oct. 16 at the Providence Courtyard by Marriott, 32 Exchange Terrace.
Registrants will learn how to select and deploy an integrated set of business applications that support critical business processes with the quickest return on investment at the lowest overall cost, ePartners said. Live demonstrations of the Microsoft .NET platform, Microsoft Customer Relationship Management software and components of the Microsoft Business Solutions offerings will be part of the presentations.
ePartners said the seminar will provide executives with information on how their companies can improve financial performance, increase productivity and create a more-agile business. There also will be two free seminars in the Boston area: in Copley on Oct. 24 and in Waltham on Nov. 13. To register or to get more information visit ePartners’ Web site, at www.epartnersolutions.com/mbs, or call (888) 483-9797.
MontegoNet, NetShift renew
strategic relationship
PORTSMOUTH – As part of a new agreement with NetShift, Portsmouth-based MontegoNet, a full-service interactive kiosk manufacturer, has gained exclusivity in some U.S. markets for NetShift products and services.
MontegoNet will serve as NetShift’s service and support center in the United States, particularly for hosted enterprise remote-management services. NetShift, a UK-based supplier of software and services for public-access kiosks, said the alliance with MontegoNet will provide it with the infrastructure and geographic reach needed to grow its business in the United States.
Commission to study online
vehicle registration
PROVIDENCE – Rhode Islanders might someday have a shortcut to the front of the line to register their vehicles. A joint legislative study commission soon will meet to study the possibility of online vehicle registration in the state, according to a recent news release from the General Assembly.
The commission, which will study all aspects of online vehicle registration, is expected to report its findings to the General Assembly by Jan. 15. The nine-member special commission consists of three members of both the House and Senate, the director of the state Division of Taxation, the director of the Division of Motor Vehicles and the director of the Rhode Island Automobiles Association.
Rep. Rene R. Menard, a Democrat representing Lincoln and Cumberland who sponsored the legislation, said online vehicle registration is working well in other states, including Massachusetts. Some states charge a fee for online registration, while others offer a discount to those who use the online service.
Blue Cross to license
N.J. firm’s personal Internet product
CRANBURY, N.J. – HealthAtoZ and Blue Cross & Blue Shield of Rhode Island recently announced the licensing of HealthAtoZ’s online Personal Health Record (PHR) to allow Blue Cross members to securely manage their personal and family health-care information over the Internet.
HealthAtoZ’s PHR provides secure 24-hour online access to health records; coordination of care between multiple health-care providers; drug information and screening for drug interactions; e-mail reminders for medical appointments and medications and more and concise medical history reports that aid diagnosis and treatment
Using the PHR, Blue Cross members can create their own records for check-ups, immunizations, lab tests, prescription and over-the-counter medications, allergies, vitamins, surgeries and hospitalizations. Members can also integrate their pharmacy claims data directly from Blue Cross’ records.
(Compiled from news reports and releases.)
