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ADVANCED SYSTEMS & DESIGNS, INC. COMPLETES THE SALE OF CERTAIN BUSINESS ASSETS TO GREYSTONE INDUSTRIES, LLC.

Posted

January 16, 2013 – Paul Mychalowych, President of Advanced Systems & Designs, Inc. (ASD/QMS) announced today the sale of certain assets, which includes the Gage Interfaces; GageMux® USB, SmartCable, Flash Cable, Keyboard Output Interfaces, QMS Genesis SPC Products, and the ASD/QMS name, to Greystone Industries, LLC in Chagrin Falls, Ohio, on December 21, 2012. ASD Associates, LLC will retain the rights and continue development and support of ANOVA-TM Taguchi Methods DOE software. Terms of the deal were not disclosed.


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