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OTTAWA, ONTARIO and PHILADELPHIA, PENNSYLVANIA, January 10, 2006
Harris Computer Systems (“Harris”), a leading provider of software solutions for
utilities and local governments, is pleased to announce the purchase of all the
assets related to the Student Information System (SIS) and Financial Management
software of Tenex Systems, Inc. (“Tenex”). Tenex is a leading provider of SIS and financial management
applications to K-12 school districts and educational institutions throughout
the United States.
Harris President and CEO Jeff Bender stated, “We’ve been interested in entering the K-12 school
market for some time. The market dynamic and structure are comparable to our existing operations in local
government and the specialized nature of SIS is similar to our competitive strength in utility billing.
Tenex provides Harris with yet another avenue for growth and expansion. We will build on Tenex’s strong,
well established customer base and leverage their flagship product line enhanced for today’s technology
requirements. Tenex solidifies our position as a local government solutions provider and provides the
market with a vertically-focused vendor with solutions for organizations of almost any size.”
Former Tenex President, Don Roskos stated, "We are very pleased to announce our acquisition by Harris.
Tenex now has an owner who understands our business, has the resources to
expand our product offering and take our xSphere and bSphere products
to new geographies, and who can also take Tenex to the next level. The
experience Harris brings gives us confidence that our customers, employees, and
business partners will continue to succeed.”
Harris will continue to build the
Tenex brand and is committed to the continued investment in and development of
the Tenex flagship products xSphere and bSphere. Equally
importantly, Tenex will continue to support studentSphere, accuSphere, taxSphere,
and LetterGrade. “Tenex provides Harris with a solid footprint in
both the student information and educational financial management segment. We already
have several educational institutions running on other Harris software solutions
and we will look to leverage the technical expertise and business process
knowledge inherent within Tenex to enhance our service offering to all our
customers,” explained Harris Vice President, Bryce Cooper.
Cooper added, “Tenex represents a significant growth opportunity for Harris.
In the near term, we will be focused on completing the Tenex contracts in process and
continuing our deployment of xSphere,
a browser based and multi-platform version of the Tenex SIS. Going forward, we
will look for synergies that will enhance our competitive position across all
segments and ensure that our customers continue to receive solution suites and
customer service that meet their evolving requirements.”
Tenex will continue operations from their existing offices in King of Prussia, Pennsylvania, a suburb of Philadelphia and will operate as a separate business unit of Harris, focusing on continuing its customer service
excellence.
About Harris:
Harris is a leading provider of Customer Information Systems (CIS), billing and financial management
software solutions. Since 1976, Harris has focused on providing
feature-rich and robust turnkey solutions to utilities and all levels of
local government throughout North America. Harris' focus
is on creating long-term relationships with our customers and ensuring that we
meet the changing needs of our customers over time. For further
information on Harris Computer Systems, please visit our website at
http://www.harriscomputer.com,
or call 888-847-7747.
About TENEX:
TENEX Systems, Inc. is a leading provider of Internet capable, financial and
student administrative software
(grades K-12). Its applications are backed by dedicated and experienced support
personnel who provide rapid response to the individual needs of clients.
Because many of its staff are former school district employees, TENEX is
sensitive to the concerns of educators and understands the challenge of school
administration. TENEX has been meeting the needs of schools since 1984 and is
committed to producing the latest in both Student and Fund Accounting Software.
The TENEX solution is in use at over 750 schools.
CONTACT:
Bryce Cooper, Vice President
Harris Computer Systems (613) 226-5511 x2132
bcooper@harriscomputer.com
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