ADVANCED SYSTEMS INTERNATIONAL INC
Form: 10SB12G Filing Date: 4/29/99
freeedgar.com.
(Type in Advanced Systems)
ITEM 1. DESCRIPTION OF BUSINESS
General
Advanced Systems International, Inc. ("AdSys"), a Nevada corporation,
is the holding company for one operating subsidiary, Automatic Time Systems
Corp. ("ATS"). References in this registration statement to "the Company" mean
both AdSys and ATS.
ATS is a developer and supplier of time and attendance data collection
and tracking and labor allocation computer applications (software) as well as
data distribution and access solutions for the Enterprise Resource Planning
environment (the "ERP Environment"). ATS' product offering includes the
application software, hardware, implementation services and ongoing support
necessary for deployment of enterprise-wide distributed processing. ATS markets
its products through direct sales and in conjunction with strategic partners.
AdSys and ATS are headquartered in Southfield, Michigan, a suburb of
Detroit. ATS was formed in 1995 to acquire substantially all the assets and
certain liabilities of Automated Time Systems Corp. This acquisition was
completed in early 1996. AdSys was formed in 1996. On July 8, 1997, AdSys, then
a publicly-held shell company, acquired ATS via a "reverse takeover" merger.
In that transaction, the ATS shareholders received 5,481,667 (65%) of
AdSys' then outstanding common shares, with the prior AdSys shareholders
retaining the balance of 3,000,000 shares (35%). Contemporaneously with the
merger, AdSys consummated an equity placement of approximately $1 million.
Principal Products
ATS is a supplier of time and attendance data collection and tracking
and labor allocation applications, as well as data distribution and access (DDA)
solutions for the ERP Environment. The objective of the ATS DDA solution is to
integrate disparate business functions of an organization from financials and
human resources to manufacturing and sales and distribution. This integration
enables companies to optimize supply chains, strengthen customer relationships,
and make accurate management decisions based on real-time data.
ATS' product offering includes the application software, hardware,
implementation services and on-going support necessary for deployment of
enterprise-wide distributed processing. Key markets include automotive,
automotive supply, packaged goods, pharmaceuticals, food processing and other
manufacturing industries.
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ATS developed ATServer(R) to facilitate the dissemination of key labor
data to supervisors throughout the organization. Managers can therefore make
decisions on labor allocations and costing based on timely information that is
consistent throughout the enterprise.
ATLink(TM) provides a seamless universal interface between automated
shop floor and warehouse data capture and the multiple ERP modules, packaged
application integration software, bolt-on applications, and legacy systems which
require this data.
For a typical implementation, ATS representatives work with customers
to develop a strategy that provides a tailored time & attendance and/or DDA
solution. Once that is accomplished, a functional specification is developed,
and the ATS professional services team configures and modifies the existing
software to meet requirements. When the implementation is complete, ATS provides
3-tiered support on an on-going, automatic renewal basis that the client can
select to fit their needs. Typical installations can take from 2 to 6 months
depending on the complexity of the management reporting requested, the number of
sites and users, and the timeline of the customer.
ATServer(R)
ATServer(R) is a Time and Attendance client/server solution developed
in collaboration with Perot Systems for DaimlerChrysler Corporation.
ATServer(R) was designed to efficiently and seamlessly collect, process and
distribute key employee labor data throughout the organization.
Reasons for continued growth in the Time and Attendance industry are:
(1) companies investing to solve Y2K compliance problems, (2) rapidly increasing
demand for multifaceted software solutions, and (3) Time and Attendance's
linking to the ERP Environment. ATServer(R) meets critical industry demands that
software packages be reliable and able to interface with other software
solutions and effectively reduce the time and costs associated with supervisors
performing normal employee allocation tasks.
ATServer(R) Competition
The Time and Attendance industry can be categorized as mature. Two
companies dominate the sector: Kronos Incorporated and Simplex Time Recorder
Co. Kronos has released a client/server time and attendance application. As of
this date, Simplex has not released an open client/server time and attendance
solution.
As the ATServer(R) was developed with Perot Systems and
DaimlerChrysler, ATS has gained a strong foundation, with several functioning
client/server sites, in the Automotive and Automotive Supplier sectors. With a
foundation established in the automotive industry, ATS has recently begun to
enter new vertical markets. New verticals include manufacturing (Sauder
Furniture) and food processing (Sara Lee Foods). Success in entering these new
sectors indicates that ATServer(R) can successfully operate in different
sectors. As a result, the Company expects to be able to continue to increase its
market share of the Time and Attendance industry.
ATServer(R) Competitive Advantages
The core product was designed and built as a client/server application.
The architecture of the solution is open thus enabling the customer to utilize
common hardware or software-operating environments. ATServer(R) was developed
using stored procedures for information and rules. As a result, it is versatile
and adaptable to various rules present at the different operating environments.
ATServer(R) was designed as a Windows(TM) program (rather than being a
DOS based system) and utilizes some of the latest software applications. Key
employee data can be captured from a variety of sources. The competition has
developed their applications within specific parameters. As a result
competitor's products are bound to those parameters.
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ATLink(TM)
ATLink(TM) is a powerful and flexible data distribution and access
(DDA) product that reduces ERP implementation cycles and costs. ATLink(TM)
provides a seamless universal interface between automated shop floor and
warehouse data capture and the multiple ERP modules, packaged application
integration software, bolt-on applications, and legacy systems which require
this data.
Entry into the DDA market was a natural progression for ATS from its
existing client base in Time and Attendance software. Current customers can be
used as a platform to introduce ATLink(TM) to potential clients in both
warehouse and manufacturing sectors.
ATLink(TM) has successfully been certified by two levels of SAP R/3,
the leading ERP company (in terms of published revenue data). The two levels of
certification are MM-MOB and PP-PDC. The criteria for MM-MOB meets the data
collection requirements within the materials management module of SAP R/3, while
PP-PDC meets the requirements of the SAP human resources information module.
ATS designed, produced and achieved certification in less than 12 months.
ATLink(TM) Competition
The Distributed Transaction Processing ("DTP") segment of Middleware is
fragmented and mainly comprised of small private and public companies. The
largest companies in terms of annual revenue are i2 Technologies and Teklogix.
ATLink(TM) Competitive Advantages
ATS believes that companies (like ATS) that provide open, industry
standard non-proprietary solutions will achieve high rates of growth in the DTP
industry. ATLink(TM) meets all industry standard criteria for universal Data
Distribution and Access software for ERP systems. It is a true client/server
DDA solution that is platform driven, database-independent, scaleable and is
built on non-proprietary, industry-standard modules (GUI, RDBMS, ODBC, SQL, ADO,
DCOM/COM, ActiveX/OLE). The Company worked closely with data collection terminal
manufacturers such as Intermec, Hand Held Products, and Control Module to
incorporate built-in interfaces to their products. The development team focused
on ease of integration, ease of use, and low ownership costs as design criteria.
Using ATLink(TM)'s Windows(TM) NT-based graphic user interface, users
(customers and integrators) can rapidly automate data capture tasks involving a
variety of data collection devices, and then distribute accurate, reliable data
throughout the enterprise. The RAD (Rapid Application Development) tools
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and native Microsoft development tools, such as Visual Basic, were used to
develop terminal applications that work with ATLink(TM) and can reduce typical
application development time by a factor of ten. |
