Penny Stock Profile - Advanced Visual Systems

Advanced Visual Systems
(OTC: AVSC)

"Advanced Visual Systems Celebrates 18 Years of Data Visualization Technology Leadership"

Financial Snapshot:

Business:	Software Technology
Exchange:	OTC
Symbol:	AVSC
Current Price (10/21/09):	$0.59

Advanced Visual Systems (OTC: AVSC)

Detailed Quote: http://www.otcpicks.com/quotes/AVSC.php

Company Overview

Advanced Visual Systems Inc. (AVS), founded in 1991, is the developer and primary distributor of five software products that are used in multiple sectors of the business and technical industries to present diverse forms of data in the form of easily understandable graphic representations.

These “data visualizations” are distinguished from common computer graphics by virtue of a branded data processing and rendering paradigm. Data visualization enables computer users to reach better and faster decisions by expressing the underlying information in such a way that patterns and trends are more effectively observed than through conventional forms of analysis.

AVS offers a complete line of software products and consulting services to software manufacturers, corporations of all sizes, research and academic institutions, and government agencies. The Company is widely recognized as the data visualization industry leader, boasting over 2,500 international customers.

AVS is distinguished from other companies in the fast-growing data visualization and analytic fields through its comprehensive range of software offerings and its sixteen years of product innovation and industry leadership. Collectively, these influences have enabled AVS to capitalize on a growing marketplace for graphics-based analytic technology.

Products and Services

OpenViz is a data visualization engine designed to provide highly interactive visual analysis to business applications in a wide range of industries. Built to fully leverage the power of the Internet, OpenViz is an open, standards-based development system that provides virtually unlimited possibilities for the conversion of all types of corporation information into easy-to-understand data visualizations.

AVS/Express is a software development system designed for programmers creating sophisticated data visualization-enabled applications and for individual end-users that wish to independently visualize and explore complex scientific, engineering, medical, manufacturing and other types of data.

Toolmaster is a comprehensive graphics library that is used to create charts and graphs and presentation-quality hardcopy output on major legacy and contemporary platforms.

Gsharp is a Windows and Unix-based software product that generates technical charts and graphs. It enables analysts, researchers, and other computer users to choose from a large gallery of graphics and with minimal technical skills create powerful data visualizations.

Professional Services are a key part of the AVS sales strategy that enables the company to deliver a complete range of data visualization consulting services to its clients.

During the past two decades, the market for data visualization services/products has experienced rapid growth both in scope and size of which Advanced Visual Systems, Inc. has delivered business solutions and catered to industry needs/demands. The following provides a timeline of the evolution and development of the data visualization market and the company’s response in addressing the needs of IT organizations and their heterogeneous environments.

History

1991: The dawn of scientific visualization. Advanced Visual Solutions Inc. responds with its first product--which is still in current release and widespread deployment.

1994: Data visualization becomes a key process in engineering, manufacturing, medicine, earth science and scientific research. AVS responds with its landmark AVS/Express product.

1996: Windows NT makes its debut and creates new demand for visualization on desktop. AVS responds with Windows releases of its products and revolutionizes PC-based visualization.

1997: Business intelligence becomes an important theme at visionary corporations. AVS/Express, Toolmaster and Gsharp are called to deliver some of the first results in BI.

1999: OpenViz makes its debut to serve the evolving ISV and enterprise market, where BI and the Internet have been fused to offer new dimensions in corporate decision making.

2002: Leading corporations and ISVs push beyond BI with visual analysis that extract information from multiple sources and create powerhouse solutions that improve business processes.

Recent demand trends indicate the retention and analysis of IT monitoring data increasing as companies are becoming more conscientious of spending and performance in both hardware and software deployments. With independent vendors each supplying their own data collection metrics and numerous charts and reports with single metrics and the increasing need to manage application resource utilization, it’s imperative IT organizations become more efficient in managing budgets; resource allocation; compliance; underutilized assets and energy consumption while retaining the performance demands of their end users.

The market for efficient IT management, monitoring and security’s projected growth in 2009 is $14 billion and over $16 billion in 2010. With respect to the distributed performance and availability management software market, growth is projected from $2.7 billion in 2006 to over $4 billion in 2011, a CAGR of 9.9% for the five-year forecast period.

Additionally, the worldwide distributed system management software market achieved revenue of $5.5 billion in 2004 and is forecast to grow to nearly $9 billion in 2009, an increase of 62% for the five-year period.

Management

David M. Murray, President and CEO, began his career on Wall Street as an investment banker. Over a ten year career he became a managing partner at a leading Wall Street firm, supervising its retail, investment banking, and private placement divisions and was responsible for initial public offerings, mergers and acquisitions. He joined AVS in June 2001 as a management consultant, was appointed President, Principal Executive Officer, and a member of the Board of Directors in May 2003, and became CEO in July 2003.

Steve Sukman, Executive Vice President, joined AVS in November 2000 as Senior Vice President and served as the company's CEO from March 2000 until July 2003. He formerly served as the Sr. Vice President and CEO of another data visualization software company and was the managing partner of a consulting practice that advised technology firms with complex products in emerging and specialized markets on strategy and positioning.

Syed M. Ali, Vice President of Services, joined AVS in 1997. He has held various technical management positions at the company and currently oversees customer service operations. Syed holds an Honors degree in Computer Science from the University of Edinburgh with foucs on data visualization, and undertook graduate studies in Computer Science at the University of Massachusetts at Amherst.

Brian Selle, Vice President of Professional Services, joined AVS in 1997 as a senior professional services engineer and has been a lead consultant on some of the company’s most significant enterprise engagements. He currently leads AVS’ international team of consultants. Before joining AVS he worked at CMS developing radiation treatment planning software and at McDonnell Douglas in the field of aerodynamics. Brian received a BS degree in Aerospace Engineering from the University of Missouri-Rolla.

Anoop Chatterjee, Vice President of Engineering and Product Development, joined AVS in 1998 and has held senior engineering, technical and product management positions at the company. He currently leads the development, management and production of all AVS software, working closely with many of AVS’ global accounts and international sales force. Anoop holds a BS in Biomedical Engineering and Pre-Medicine from Boston University.

Recent AVSC News:

October 20 - Advanced Visual Systems Celebrates 18 Years of Data Visualization Technology Leadership

Advanced Visual Systems Inc. (www.avs.com) (PINKSHEETS: AVSC) marks is eighteenth year of operations this month and prepares for another year of innovation in the field of data visualization for business intelligence, analytics and high performance computing.

The Boston-area company, which has provided software and solutions to over 2,000 customers and an estimated 10 million end-users, was one of the first to commercialize data visualization technology and boasts a lineup of six branded products that serve the diverse needs of global corporations, software makers, researchers and engineers.

David M. Murray, CEO, stated, "With nearly two decades of experience providing software and solutions to a long list of leading global corporations, AVS understands what all types of decision-makers need to succeed."

"Our early customers were software developers and researchers working on smaller, specialized projects. But for the past decade, our customers are more frequently executives trying to squeeze every drop of efficiency out of their business -- and they are using data visualization as a key component of that process."

Murray added, "AVS is a unique software company, in that the average tenure of each employee is nine years and that almost 100 current customers have used our software for the life of the company. In today's rapidly shifting software landscape, those are distinguished metrics that we are extremely proud of."

AVS customers include BAE Systems, Boeing, BP, CA, General Dynamics, Lockheed Martin, NASA, PeopleSoft and over 2,000 organizations in nearly every industry.

About Advanced Visual Systems Inc.

Advanced Visual Systems Inc. (AVS) provides industry-leading, interactive data visualization software and solutions that help business, scientific and engineering users gain critical insight from all types of data. AVS's complete line of software products speed decision-making by bringing information to life using the latest in graphics, Web-based and interactive technologies on all major computing platforms.

Adcanced Visual Systems

300 Fifth Avenue
Waltham, MA 02451
T 781-890-4300

Website: http://www.avs.com/

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