PROLOGIC Management Systems Inc.

• Public
• US

Dow Jones Description

Prologic Management Systems, Inc. (the "Company") is an Arizona corporation founded in 1984. As reported for the prior fiscal year, the Company and its wholly owned subsidiary, BASIS, Inc., were subject to foreclosure action in February of 2004. Prior to the foreclosure action, the Company provided systems integration services, technology products and related services through it's wholly owned subsidiary, BASIS, Inc. which had established sales and/or integration offices in Tucson, Arizona (BASIS), Emeryville, California (BASIS), Scottsdale, Arizona (BASIS), Portland, Oregon (BASIS), Houston, Texas (Solid Systems, a division of BASIS), Austin, Texas (Solid Systems, a division of BASIS), Dallas, Texas (Solid Systems, a division of BASIS), and New Orleans, Louisiana (Solid Systems, a division of BASIS). The assets located at these operating offices were taken under the foreclosure action. As a result of this foreclosure, the Company ceased to have any operating business or sources of revenue. Management is reviewing options regarding the solvency and creditor issues facing the Company as well as looking at potential business opportunities that may be appropriate for the Company's long-term growth strategy.

Number of Employees 14

Contact Information

Peer Companies

• Morgan Stanley
• UBS AG
• ICICI Bank Ltd.
• Ameriprise Financial Inc.
• Blackstone Group LP
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