News | January 5, 2009

Pegasus Imaging Acquires AccuSoft's Imaging Business

Pegasus® Imaging Corporation, the world leader in digital imaging technology, recently announces the acquisition of AccuSoft Corporation's imaging business in an eight-figure deal which includes the ImageGear® and NetVue® product lines. AccuSoft's powerful imaging products add significantly to Pegasus Imaging's wide portfolio of imaging solutions. With this acquisition, Pegasus Imaging enhances its position among the largest, most stable providers of digital imaging software development kits (SDKs) in the world. Both sets of customers and prospects are presented with a new opportunity to benefit from the stability, convenience, and flexibility the expanded company offers.

"AccuSoft is one of the oldest, most well-established and well-respected names in the imaging SDK marketplace. They are maintaining a strong, healthy business, and the synergies were obvious," says Jack Berlin, president of Pegasus Imaging. "They have a strong tradition of excellence and we are similar in our philosophies. The result is a formidable set of imaging products."

During the next 90 days, transition activities will focus primarily on supporting AccuSoft customers. They will receive a high level of service from Pegasus' best-in-class technical support organization and will be asked to provide feedback regarding their product needs and goals. Both AccuSoft and Pegasus customers will enjoy access to a broader range of imaging SDK products, technologies, and resources.

"Pegasus Imaging is committed to growing the imaging business," says David Frischling, former vice president of operations and corporate counsel at AccuSoft and now at Pegasus Imaging. "Our customers will continue to be well supported, and will see many new options moving forward. The new combined operation will be better positioned to make sure its customer needs are exceeded. I've seen a real focus on serving the customers, which will be critical during this next phase of growth. I am excited about the possibilities and opportunities this acquisition provides."

AccuSoft imaging SDKs feature photo processing, medical imaging, DICOM, and document imaging technologies. They also provide thin-client browser image viewing on platforms including Silverlight, as well as 100% managed-code .NET, ActiveX, Windows Mobile, and 32-bit and 64-bit Windows, Linux, Unix (Sun® Solaris®, IBM® AIX, HP-UX), and Mac® OSX toolkits.

Pegasus Imaging products include document imaging, forms processing, photo imaging, and medical imaging technologies. Products are delivered on platforms including .NET with native code assembly-optimizations, ActiveX, Windows Workflow Foundation, 32-bit and 64-bit Windows, Linux, Sun® Solaris®, and IBM® AIX®.

More information can be found at www.pegasusimaging.com and www.accusoft.com.

About Pegasus Imaging
Founded in 1991 and headquartered in Tampa, Florida, Pegasus Imaging Corporation delivers digital imaging software development kits (SDKs), image compression, recognition, and image editing technologies. The company exceeds speed and quality requirements for document imaging, forms processing, medical imaging and DICOM, color/photo imaging, video applications and more. Technology is delivered as Microsoft .NET, ActiveX, and Silverlight controls, Windows Workflow Activity Libraries, DLLs and applications. Multiple 32-bit and 64-bit platforms are supported, including Windows, Windows Mobile, Linux, Sun Solaris and IBM AIX. For more information, visit: www.pegasusimaging.com

SOURCE: Pegasus Imaging Corporation