FRISCO, Texas, April 10, 2006 (PRIMEZONE) -- Avatar Systems, Inc. (OTCBB:AVSY) announced today that the Company has installed two additional iSynergy Document Imaging customers and are working with ten additional firms interested in the product.
Chuck Shreve, Avatar Systems, Inc. President, Chief Executive Officer and Chief Financial Officer, stated, "We continue to see significant interest in our iSynergy document imaging document management products. Our oil and natural gas company clients continue to invest in better technology to enhance their productivity and improve efficiencies. That bodes well for our software solutions and document management products."
Avatar Systems, Inc. is based in Frisco, Texas. The company provides enterprise resource solutions for companies engaged in the petroleum exploration and production industry as well as Document Management Imaging Solutions for all vertical markets. Avatar has a growing customer base on its Petroware(TM) products, customers utilizing the Company's Avatar400(TM) IBM AS400 product, and subscribers utilizing its ASP services.
The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties.