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ProSoft Technology Purchases Bulk Terminal Management System from Octal Systems, Inc.

By: ProSoft Technology, Inc.
14 February, 2006
2 min read
As part of the agreement, ProSoft Technology now owns the full rights, patents and intellectual property associated with the OPACTS Terminal Automation & Management Systems, developed by Octal Systems. The agreement will ensure continued support for Octal Systems' products and is seen by both ProSoft Technology and Octal Systems as a positive development for Octal's existing customer base.

ProSoft Technology, Inc. and Octal Systems, Inc. are pleased to announce the successful completion of an Asset Purchase Agreement between the two companies. As part of the agreement, ProSoft Technology now owns the full rights, patents and intellectual property associated with the OPACTS Terminal Automation & Management Systems, developed by Octal Systems. The agreement will ensure continued support for Octal Systems' products and is seen by both ProSoft Technology and Octal Systems as a positive development for Octal's existing customer base.

Effective January 31, 2006 ProSoft Technology has agreed to maintain the support agreement between Octal Systems and its OCTAL customer base. In addition, ProSoft Technology will continue to develop new advancements in this product area. “I am extremely excited about incorporating the Truck Terminal Automation from Octal Systems into ProSoft Technology’s product offering. Their technology and unique product offering in the market space makes this an excellent opportunity for us,” Doug Sharratt, President ProSoft Technology.

Where Automation Connects

ProSoft Technology, Inc. specializes in the development of communication solutions compatible with the large automation supplier’s controllers such as Rockwell Automation and Schneider Electric. The primary focus is to provide connectivity solutions that link dissimilar automation products. ProSoft Technology’s offerings consist of four primary product families: Protocol and network connectivity modules known as inRAx for Rockwell Automation and ProTalk for Schneider Electric, stand-alone gateways, protocol converters, and wireless gateways known as ProLinx, and industrial serial and Ethernet wireless modules known as RadioLinx. Over the last 15 years, ProSoft Technology’s product lines have grown to over 400 communication modules supporting more than 60 different protocols.

ProSoft Technology provides field-proven connectivity and communication solutions that bridge between various automation products as seamlessly as if they were all from the same supplier. These connectivity options enable controller platforms to provide solutions in areas such as computing gas flow calculations and SCADA telemetry applications. These solutions also enable interfacing to motor controls, drives and other devices in industries such as water/wastewater, power generation, oil & gas, machinery, packaging, and production.ProSoft Technology is committed to providing localized sales and support to customers worldwide.

Sales, application engineering and support services are provided internationally by over 500 distributors in 52 countries and served by Regional Area Offices in North America, Latin America, Europe and Asia Pacific.All ProSoft Technology products come with a one year warranty and unlimited technical support. Sales are available worldwide; contact your automation equipment distributor or ProSoft Technology, Inc.

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