Agent Information Software, Inc. (AIS), today reported a net income of $191,058 for the year ended December 31, 2015, up $18,921 or 11.0% over previous year’s net income. The net income was higher than the beginning of year forecast by $18,279 or 10.6%. Net sales for the year ended December 31, 2015 were $4,739,109, which met the forecast and were up $234,092 or 5.2% from $4,505,017 for the same period last year, due to the increase of recurring revenues.
For the year ending December 31, 2015, the company continued to build on its core strength as well as look at new opportunities. The company continues to focus on delivery of their AGent Library Management Platform via SaaS model. As an innovator at providing library solutions via SaaS model the company continues to build on their success of SHAREit™ and VERSO™.
As noted last year, the company was successful with the award of two new SHAREit statewide resource-sharing solutions for South Dakota and Indiana. These sites have begun the initial implementation phase and will go live in 2016. The company continues to remain upbeat as more states have inquired about the development of resource sharing initiatives that would commence in late 2016 or 2017. Clearly, the advantages of the company’s innovative products and its flexibility are key to the interest they are seeing in these new opportunities. Sales for 2015 were up by 5.2% overall from 2014, with US library sales of recurring revenue up 7.7%.
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. Customers across multiple industries use their information and data management systems, including a range of library markets such as public, academic, school, special and consortia, and meet the needs of customers in the legal, financial, publishing, aerospace, and manufacturing markets. For more information, www.agentinformationsoftware.com or www.auto-graphics.com.
Media Contact:
Elizabeth Kelley
Marketing Communications Manager
Auto-Graphics, Inc.
430 Vineyard Ave., Ste. 100
Ontario, CA 91764
909-569-1544
eak@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