BNET Industries
Market Cap:$7.2M
Last Fiscal Year Sales:$10.1M
- Public
- US
Dow Jones Description
Our comprehensive suite enables organizations to dramatically simplify administrative tasks and thereby enhance workforce productivity. Asure's suite includes products to optimize workforce time and attendance tracking, benefits enrollment and tracking, pay stubs and W2 documentation, expense management, meeting and event management, and asset tracking. Asure's unique focus on empowering workers through simple, self-service, on-demand applications accelerates adoption throughout the organization and enables organizations of any size to achieve enterprise-class optimization of their workforce management processes.
Chairman & CEO
Richard N. SnyderNumber of Employees 103
Peer Companies
NAICS Code Computer Systems Design Services: 541512
Recent Events
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Asure Software Announces 2009 Fiscal Fourth Quarter Financial
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Group that took over Forgent stopped from similar move in Dallas
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Market Report -- In Play ASUR
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Asure Software President And CEO Nancy Harris To Resign - Quick Facts
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Asure Software ASUR Names Interim CEO After Harris Resigns
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Asure Announces Preliminary Fourth Fiscal Quarter 2009 Results
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Asure Software: Asure Software Reschedules Date for Annual Meeting of Stockholders
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Asure Software Files Federal Lawsuit Against the Pinnacle Fund,
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Asure Software Files Federal Lawsuit Against the Pinnacle Fund, Red Oak Partners, David Sandberg and...
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Asure Software Board of Directors Appoints COO Nancy L. Harris as...
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Asure Software appoints new president and CEO
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BRIEF-Asure Software Q3 results, names new CEO
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Asure Software: Asure Software Announces Board Member Resignation
News & Analysis
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asure software - All News and Analysis
Asure Software F4Q09 (Qtr End 07/31/09) Earnings Call Transcript
Question-and-Answer SessionOperator Yes, sir. Operator instructions And I show no audio questions at this time. Pat Goepel Okay. If there are no further questions, we have a press release out there. We – I did want to make sure I had somebody in the room say Q1 we are...
Asure Software Announces Receipt of Nasdaq Staff Determination Letter
Asure Software (NASDAQ: ASUR) (the "Company") today announced that it will appeal an August 5, 2009 Nasdaq Staff Determination letter indicating that the Company currently fails to comply with the Annual Meeting requirement for continued listing set forth in Listing Rule 5620a and that its securities are, therefore,...
Pinnacle Fund and Red Oak Partners Announce Important News About Red Oak's Proxy and Voting Information, Comment on Asure Software Verdict and Plan to Issue Stockholder Letter
NEW YORK, Aug. 4 /PRNewswire/ -- Pinnacle Fund ("Pinnacle") and Red Oak Partners ("Red Oak") disclosed that on Thursday, July 30, Red Oak filed its definitive proxy statement, for the August 28, 2009 annual meeting of Asure Software, Inc. ("ASUR") which is being mailed this week. ...
Asure Software Announces Outcome of Jenkens & Gilchrist Trial
Asure Software, Inc. (NASDAQ: ASUR) announced today the results of the trial with its former counsel Jenkens and Gilchrist. Jenkens and Gilchrist previously represented Asure Software in licensing certain of its patents, and the trial related to a contracts dispute about the distribution of proceeds from a 2007...
Federal Court Sets Hearing Date on Motion for Preliminary Injunction in Asure Software v. Red Oak Partners Case
Asure Software (NASDAQ: ASUR), a leading provider of workforce management software, received notice today that the United States District Court for the Western District of Texas set the hearing date on its motion for preliminary injunction in its federal lawsuit against Pinnacle Partners LLLP, Red Oak Partners LLC,...
Asure Software Cites Facts to Correct Pinnacle/Red Oak Statements
Asure Software (NASDAQ: ASUR), a leading provider of workforce management software, today released the following facts in response to many statements propagated by the dissident group led by Pinnacle/Red Oak and David Sandberg in their communications to stockholders. BASE YOUR DECISION ON FACTS NOT FICTION! Pinnacle...
Asure Software Responds to Pinnacle Fund and Red Oak Partners' Proposed Settlement
Asure Software's (NASDAQ: ASUR) Board of Directors today responded to a proposed settlement of the lawsuit Asure recently filed in Federal Court against Pinnacle Fund, Red Oak Partners and their affiliates. "After reviewing Pinnacle's settlement proposal, we quickly concluded that their proposed settlement actually ignores the primary...
Asure Software Reschedules Date for Annual Meeting of Stockholders
Asure Software (NASDAQ: ASUR), a leading provider of workforce management software, announced today it will hold its annual meeting of stockholders on August 28, 2009. The Company had previously announced a meeting date of July 30, 2009. With the original date of the meeting now only...
Asure Software Cautions Stockholders Not to Be Misled by the Deceptive Tactics and Statements of Red Oak Partners and Pinnacle Fund
Asure Software (NASDAQ: ASUR), a leading provider of workforce management software, today reiterated that stockholders should not be deceived by the misleading statements, most recently reflected in the release issued June 29, 2009, by Red Oak Partners and the Pinnacle Fund, a group of dissident stockholders who are...
Asure Software Files Federal Lawsuit Against the Pinnacle Fund, Red Oak Partners, David Sandberg and Affiliates Alleging Violations of Securities Laws
Asure Software (NASDAQ: ASUR), a leading provider of workforce management software, announced today that it has filed a lawsuit in the United States District Court for the Western District of Texas, Austin Division, against David Sandberg; Red Oak Partners, LLC; Pinnacle Partners, LLP; The Red Oak Fund, LP;...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Jay C. Peterson | Vice President Finance and Cfo |
| Ken Kalinoski | CTO & Vice President |
| Nancy Harris | COO |
| Carter Mansbach | Vice President |
| John Stockton | Vice President of Product Management |
| Kirk Norsworthy | Vice President of Engineering |
| Matthew Zinn | General Counsel |
| Lou Mazzucchelli | Director |
| Ray Rajko Miles | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Richard N. Snyder | Chairman & CEO |
| James Wells | Board of Directors |
| Kathleen A. Cote | Board of Directors |
| Richard J. Agnich | Board of Directors |
Chairman & CEO, Asure Software Corporation that provides productivity solutions to businesses. Mr. Snyder is also the Founder and Chief Executive Officer of Corum Cove Consulting, LLC, a consulting firm specializing in providing strategic guidance to high technology businesses. Previously at Hewlett-Packard, Mr. Snyder served as Group General Manager for the $3 billion inkjet printer business, where he created the Deskjet brand. As Senior Vice President and General Manager at Dell Computer, Mr. Snyder led the establishment of Dell's successful Internet sales model and was responsible for all operations of the $3.5 billion Americas Region. Mr. Snyder also served as Senior Vice President of Worldwide Sales, Marketing, Service and Support for Compaq Computer, where he held P&L responsibility for Compaq's $20 billion geographic sales regions. He also serves on the Boards of Symmetricom, Inc. and an early stage company, Assure Controls.
| Organization | Position | Status |
|---|---|---|
| Symmetricom, Inc. | Chairman & CEO, Asure Software Corporation That Provides Productivity Solutions to Businesses. | Current |
| Forgent Networks, Inc. | Chairman & CEO | Current |
| Dell Inc. | senior vice president | Former |
| Compaq Computer Corporation | Senior Vice President of Worldwide Sales, Marketing, Service and Support | Former |
| Dell Inc. | general manager | Former |
| Hewlett-Packard Company | group general manager | Former |
| Symmetricom, Inc. | Board of Directors | Former |
Jay Peterson was appointed vice president and CFO (chief financial officer) in March 2001. He has been with the company for 12 years, holding leadership positions including vice president of finance, interim CFO and manager of corporate planning. Before joining Asure, Jay was assistant controller in Dell Computer Corporation’s Direct division. He also spent 11 years in various financial management positions with IBM Corporation. Jay holds an M.B.A. and a B.A. from the University of Wisconsin.
| Organization | Position | Status |
|---|---|---|
| Forgent Networks, Inc. | Vice President Finance and Cfo | Current |
| Forgent Networks, Inc. | Manager of Corporate Planning | Current |
| Organization | Position | Status |
|---|---|---|
| Forgent Networks, Inc. | CTO & Vice President | Current |
Nancy Harris is senior vice president and COO (chief operating officer) of Asure Software where she has responsibility for day-to-day oversight of the NetSimplicity business. Nancy, who has 23 years of experience in the software industry in both marketing and development capacities, joined the company in October 2001. Before joining Asure, she was director of marketing and product management at ClearCommerce, an Internet transaction-processing software company. Prior to her work there, Nancy spent eight years with BMC Software in various positions including director of field marketing, director of product marketing, and development manager. She also spent several years with Andersen Consulting in various capacities. Nancy graduated from Northwestern University with an M.S. in Marketing.
| Organization | Position | Status |
|---|---|---|
| Forgent Networks, Inc. | COO | Current |
| Forgent Networks, Inc. | Senior Vice President | Current |
| Forgent Networks, Inc. | Vice President, Software | Former |
| ClearCommerce Corp | Director of Marketing and Product Management | Former |
| Andersen Consulting | Former | |
| BMC Software, Inc. | Director | Former |
| Northwestern University | M.S. | Former |
| Organization | Position | Status |
|---|---|---|
| Forgent Networks, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Forgent Networks, Inc. | Vice President of Product Management | Current |
| Organization | Position | Status |
|---|---|---|
| Forgent Networks, Inc. | Vice President of Engineering | Current |
| Organization | Position | Status |
|---|---|---|
| Forgent Networks, Inc. | General Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| Sentient Ventures | Venture Partner | Current |
| Forgent Networks, Inc. | Board of Directors | Current |
| Dazel Corporation | Senior Vice President of Marketing and Business Development | Former |
| RealNetworks, Inc. | Officer | Former |
| University of Delaware | MBA | Former |
| Lamar University | Bachelor of Science In Mechanical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Fit Just Right | Chief Financial Officer | Current |
| 3Com Corporation | Board of Directors | Current |
| Soltrus | Director | Current |
| VeriSign, Inc. | Board of Directors | Current |
| Western Digital Corporation | Director | Current |
| Efarm, Inc. | Board of Directors | Current |
| Workscape Inc. | Board of Directors | Current |
| RadView Software Ltd. | Director | Current |
| Forgent Networks, Inc. | Board of Directors | Current |
| Computervision Corporation | Chief Executive Officer | Former |
| Worldport Communications, LLC | Chief Executive Officer | Former |
| Computer Vision | CEO | Former |
| Prime Services, Inc. | President | Former |
| Computervision Corporation | President | Former |
| Computer Vision | president | Former |
| Prime Services, Inc. | General Manager | Former |
| Babson College | MBA | Former |
| University of Massachusetts Amherst | bachelor's degree | Former |
Lou Mazzucchelli, age 51, has served as a director of our company since February 2002. He is currently a venture partner at Ridgewood Capital, a venture capital firm focusing its investments in the information technology industry. Prior to joining Ridgewood Capital in 2001, Mr. Mazzucchelli was an investment banker at Gerard Klauer Mattison in New York, which he joined in 1996 as their PC and digital media technology analyst. Previously, Mr. Mazzucchelli spent 13 years leading Cadre Technologies, a pioneering computer-aided software engineering tools company that he founded in 1982 and grew to become one of the top 50 U.S. independent software vendors before its sale in 1986.
| Organization | Position | Status |
|---|---|---|
| Forgent Networks, Inc. | Director | Current |
| Cadre Technologies, Inc. | Former |
Ray Rajko Miles has served as a director of our company since March 2003. He is currently working with Rajko Associates, a company that provides consulting services on corporate strategy. From 2001 to 2002, Mr. Miles served as the President of Communications Services, a service line of the Operations Solutions business of EDS, Inc. Prior to joining Communications Services, Mr. Miles was a business manager and manager of software strategy at Texas Instruments from 1999 to 2001. From 1996 to 1999, Mr. Miles served as a branch manager and then Chief Operating Officer of Deutsche Telekom Alliance, a strategic alliance between Texas Instruments Incorporated and Deutsche Telekom.
| Organization | Position | Status |
|---|---|---|
| Rajko Associates | Current | |
| Forgent Networks, Inc. | Director | Current |
| Communications Services, Inc. | President | Former |
| Texas Instruments Incorporated | manager of software strategy | Former |
Richard J. Agnich has served as a director of our company since March 2003. He is currently an advisor to technology start-ups, is a trustee of Austin College and chair of the Entrepreneurs Foundation of North Texas. Mr. Agnich is also currently serving as a director of ST Assembly Test Services, Ltd. (STTS, NASDAQ), a leading semiconductor test and assembly service provider headquartered in Singapore. Prior to his retirement in 2000, Mr. Agnich served as Senior Vice President, General Counsel and Secretary and various other positions at Texas Instruments Incorporated since 1973.
| Organization | Position | Status |
|---|---|---|
| Austin College | Trustee | Current |
| Forgent Networks, Inc. | Board of Directors | Current |
| Austin College | Board of Directors | Current |
| Entrepreneurs Foundation of North Texas | Member | Current |
| Entrepreneurs Foundation of North Texas | Senior Vice President, Secretary and General Counsel | Former |
| Texas Instruments Incorporated | Senior Vice President, General Counsel | Former |
| Entrepreneurs Foundation of North Texas | Chairman | Former |
Executive News
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Red Oak Partners, Pinnacle Fund, and Asure Software Announce Results of Election of New Board of Directors and Dismissal of Federal Suit
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Outgoing Forgent chairman getting $95,000
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Red Oak Partners, Pinnacle Fund, and Asure Software Announce Results of Election of New Board of Directors and
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Red Oak Partners, Pinnacle Fund, and Asure Software Announce
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Asure Software Urges Stockholders to Vote White Proxy Card; All Three Major Independent Proxy Advisory Services Conclude That Dissidents' Case Is Not Strong Enough to Warrant Their Gaining Control of the Board
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Asure Announces Preliminary Fourth Fiscal Quarter 2009 Results
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Asure Announces Preliminary Fourth Fiscal Quarter 2009 Results
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