FOR IMMEDIATE RELEASE
Paul Cope
Agent Information Software, Inc.
(909) 569-1520
prc@auto-graphics.com
Agent Information Software, Inc. Announces First Quarter 2015 Earnings
ONTARIO, Calif. — May 5, 2015 — Agent Information Software, Inc. (AIS), today reported a net income of $85,401 for the quarter ended March 31, 2015, up $165,446 over first quarter 2014 losses. The net income exceeded the forecast for the first quarter by $24,574 or 40%. Net sales for the quarter ended March 31, 2015 were $1,207,098, which met the forecast and were up $157,217 or 15% from $1,049,881 for the same period last year, due to the increase of recurring revenues.
The company saw an increase in sales for VERSO™, Auto‐Graphics’ integrated library system. The VERSO contract awards in the first quarter were comprised of two major target public libraries in California and Indiana, as well as a special library in Washington. Sales of SHAREit, Auto‐Graphics’ interlibrary loan software, started the year strong as we added an eleventh state to our ILL statewide portfolio. The Health Sciences Libraries Consortium (HSLC) and Access PA, on behalf of the Pennsylvania Office of Commonwealth Libraries selected SHAREit as their ILL system of choice. Access PA is one of the most involved statewide resource sharing systems in the country with over 2500 Public, Academic, School, and Special libraries participating.
About Agent Information Software, Inc.
Founded in 1950 and operating under the name Auto‐Graphics, Inc. since 1969, Agent Information Software, Inc. (AIS) develops innovative information and data management solutions for multiple platforms that are standards‐compliant, built on open systems architecture and available through the Software as a Service (SaaS) hosted delivery model. AIS’ technical ingenuity and reputation for service excellence make us a trusted partner to more than 11,000 libraries, throughout North America. Our information and data management systems are used by customers across multiple industries, including a range of library markets such as public, academic, school, special and consortia, and also meet the needs of customers in the legal, financial, publishing, aerospace and manufacturing markets. For more information, please visit www.agentinformationsoftware.com or www.auto-graphics.com.
President
Customer Service Manager
Product Manager – VERSO
Product Manager, SHAREit
Chief Technology Officer
Chief Operations Officer
Mr. Hicks, CPA, has been a director since February 2012. Mr. Hicks is Chairman of the Audit Committee. Mr. Hicks has been a practicing certified public accountant for over twenty-five years in addition to partnering and managing both an underground construction company and real estate development business. Currently, Mr. Hicks is a founder and senior partner of Hicks & Williams, LLP a certified public accounting firm providing tax, audit and management consulting services to small and medium size clients across the nation.
Vice President of Sales
Mr. Heath has been a director since December 2012. Mr. Heath immigrated to California from Canada during the Internet commerce boom in 1999. Mr. Heath was formerly Vice President, Secondary Markets at Best Buy (2008-2010) and founded Dealtree.com in 1999, where he was CTO & COO from (2001-2010). Mr. Heath has developed expert system technologies for managing online sales channels and created several online marketplaces supporting secondary market sales. Mr. Heath is an Internet technology and business operations consultant and serves as President of Heath Investment Properties LLC. Mr. Heath is an active member of Rotary, and currently serves a Technology Director for District 5320 in Southern California.
Dr. Murphy has been a director since December 2012. He has over 20 years experience as a successful software executive specializing in high-growth SaaS companies. He currently is CEO of GVNG Technology and Practitioner of Strategy at the Pepperdine Graziadio Business School. Dr. Murphy is an active member on the board of directors for several early-stage and private equity owned companies. He received his MBA from Pepperdine University and his Doctor of Business Administration (DBA) from the Alliance Manchester Business School at The University of Manchester.
Ken Kerr has been a director since April 2020. During his career, he served in a variety of leadership positions in sales, marketing, and operations with companies in startup, turnaround, and expansion. Most recently he was CEO/CFO of Advisys, Inc., a SaaS company providing financial planning solutions to Fortune 100 banks, brokerages and insurance companies, and thousands of independent financial advisers. He retired from Advisys in 2018 and now consults with businesses to improve profits and productivity through effective employee engagement strategies. Ken graduated Cum Laude from UCLA with a bachelor’s degree in English Literature and has an MBA with an emphasis in Technology Management from the University of Phoenix.
Director of Customer Service and Quality Assurance
Controller
Product Manager, SHAREit – Customer Services
Product Manager, VERSO – Technical Services
Director of Information Technology