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Advanced Visual Systems Celebrates 20th Anniversary as Data Visualization Software Pioneer, InnovatorFocus on Large and Complex Data Produces a Legacy of Influential Products and Loyal Customers, Positions AVS for Advanced Social Media and Cloud Analytics (October 20, 2011)
WALTHAM, MA -- (Marketwire) -- 10/20/11 -- Advanced Visual Systems (www.avs.com) (PINKSHEETS: AVSC) celebrates twenty years of history this month as one of the most prolific innovators of data visualization software, having served over 2,000 global clients and helped millions of decision-makers understand many different types of business, scientific and engineering data. An image gallery of data visualizations created by AVS clients over its twenty year history can be viewed at www.avs.com/20years/.
The company's namesake AVS and AVS/Express software products (dating back to 1991 -- and still in current release with thousands of licensees) created a breakthrough in data visualization with their drag-and-drop development paradigms, empowering a generation of academic and scientific researchers whose work was validated and perpetuated using AVS software.
At the dawn of the business intelligence era, AVS was one of the first software companies to visualize corporate data and demonstrate the potential for interactive analysis to help executives understand revenue and customer information in the same way that scientists had successfully done with highly technical data.
Openviz, the result of AVS' pioneering visualization of business data and now the company's primary product (www.openviz.com), has been widely adopted by leading corporations and software vendors who have created a third and fourth generation of AVS end-users through hundreds of business intelligence, risk management, supply chain and customer analytics implementations.
AVS has successfully retained its leadership profile in the fields of scientific and corporate data visualization by meeting the advanced requirements of a sophisticated Enterprise and OEM clientele. The company is currently embracing the next frontier for high performance visual analysis -- social media and the Cloud -- where the data is "large and complex and beyond the ability of most data visualization tools to fully exploit," notes Anoop Chatterjee, the company's Chief Technology Officer.
According to David M. Murray, CEO, "While data visualization has become commonplace in the many industries that we have served over the past two decades, our continued focus on high performance integrated analytics has positioned us two steps ahead of the competition and as a need-to-have technology by our clients."
"There is no question that the process of creating data visualizations has changed since our founding in 1991," adds Steve Sukman, the company's Executive VP. "But what hasn't changed is the ability of data visualization to help a decision maker achieve rapid, critical insight. AVS has always distinguished itself by elevating the art of visualization to a higher level and appealing to big thinkers solving big problems. That remains our sweet spot and we plan to celebrate our 30th anniversary with yet another generation of AVS end users."
© 2011 Advanced Visual Systems Inc. All rights reserved. Information from Advanced Visual Systems may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's public filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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