SOURCE: Advanced Solutions International (ASI)

June 10, 2008 10:00 ET

ASI Acquires Fisk Brett, Creating the UK's No. 1 Specialist Software Provider for the Not-for-Profit Sector

ASI Acquires UK Fundraising Domain Expertise and Over 200 New Customers

ALEXANDRIA, VA--(Marketwire - June 10, 2008) - Advanced Solutions International (ASI) is combining forces with UK charity and fundraising software specialist Fisk Brett, creating the UK's no. 1 specialist software provider for the not-for-profit sector.

Today's announcement follows the strategic decision by ASI to more aggressively target the charitable sector in the UK. The selection of Fisk Brett was based on its software, its people and its substantial client base.

"By combining ASI's membership market dominance with Fisk Brett's charity fundraising domain expertise, we are putting the foundations in place to become the UK's leading not-for-profit software provider," said Bob Alves, ASI Chairman and CEO.

"By developing and delivering leading-edge software solutions that add real value, we will help our customers maximize their supporter relationships, increase donor loyalty and enhance the value that their technology investments deliver to their organizations. Together, ASI and Fisk Brett are a formidable force in the not-for-profit sector in the UK."

Fisk Brett becomes a wholly owned subsidiary of ASI. The combined entity, which will be known as ASI, will have more than 3,000 fundraising and membership customers and 210 employees in seven offices worldwide.

The executive management team for ASI in Europe will be led by managing director Niroo Rad, with Fisk Brett co-founder and managing director Robin Fisk taking on responsibility for business development and Fisk Brett co-founder and technical director Ben Brett taking on a role in product development.

Robin Fisk, co-founder and managing director of Fisk Brett, explained, "During our discussions with ASI management, we realized that we shared a common belief -- that a customer relationship is for life. Together, we have more resources to develop, support and service our products, which means we have an exciting opportunity to build on the many trust-based customer relationships that we have established in the last 18 years."

Ben Brett, co-founder and technical director of Fisk Brett, added, "Software development is an expensive business and R&D costs have risen exponentially for all software companies in recent years. By combining our domain expertise with ASI's development resources, we safeguard our customers' technology investments, ensuring access to world-class technologies at an affordable price, today and in the future."

ASI has already established itself as an industry leader, with nearly 3000 organizations using its iMIS not-for-profit management software system. The company has an outstanding reputation for its quality and responsive service, and prides itself in helping clients achieve long-lasting benefits and results.

Fisk Brett was established 18 years ago and has built a strong reputation for its software and service in the UK's mid-market charity fundraising sector. Its customer base includes Amnesty International, Sight Savers International, The British Heart Foundation and The Alzheimer's Society.

The two businesses are naturally aligned, profitable and complementary in vision, culture and business practices. Terms of the transaction were not disclosed, but integration is expected to be complete by the end of the year.

ABOUT ASI

Advanced Solutions International (ASI) is the leading global provider of software for non-profits, serving the industry since 1991. The company's premier product, iMIS, is the only complete, upgradeable, web-based, not-for-profit business software system. iMIS has served nearly 3000 customers worldwide. ASI distributes its solutions through a direct sales force and a global network of local solution providers backed by award-winning technical support. The company employs more than 200, with offices in the U.S., U.K., Canada and Australia. To learn more visit www.advsol.com.

ABOUT FISK BRETT

Established in 1990, Fisk Brett provides CRM software and services to the charity sector in the UK and worldwide. The company combines experience with enthusiasm to resolve the issues that today's charities face. This has ensured that both customer and employee loyalty is second to none. Dedicated 100% to the charity sector, Fisk Brett has an excellent reputation for building long-lasting trust-based relationships with its customers. Fisk Brett solutions help make a real difference to its customers' relationships with supporters. Its workforce comprises a blend of charity professionals and technical experts. Employees are given the opportunity to develop their skills in line with the objectives of the company and pursue a rewarding career. Fisk Brett is proud to have met the Investors In People standard. For more information please visit http://www.fiskbrett.co.uk/home.

Contact Information

  • For further information please contact:

    Eric Seymour / Beth Brenner
    March Communications
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