ICLUBcentral Acquires Ouriclub Inc.
January 30, 2003 -
Investment Club Software Firm Brings Proprietary Technologies
CAMBRIDGE, MA, January 30, 2003 -- ICLUBcentral Inc. (www.iclubcentral.com) today announced its recent acquisition of Ohio-based Ouriclub Inc., which produces accounting and administrative software for investment clubs.
ICLUBcentral provides the leading software for investment clubs, including comprehensive accounting tools that simplify financial management and tax filing. ICLUBcentral’s line of software for investment clubs and individual investors will be strengthened by the acquisition of the proprietary technology contained in Ouriclub’s software, Ouriclub Manager. Robert Booker, CEO of ICLUBcentral, commented, “The unique technology and overall usability of Ouriclub Manager will help ICLUBcentral in our mission to provide the best software offerings for investment clubs. Expect to see some of Ouriclub’s innovations pop up in future versions of our software.”
Michael Beer, President of Ouriclub, said, “Ouriclub Manager was designed for simple consolidation and automation of many planning and accounting functions performed by investment clubs. I am pleased that the creative technologies we designed will find new applications and broader audience via the recognized leader in investment club software, ICLUBcentral.”
Ouriclub Manager’s well-crafted features include comprehensive financial reporting options, time management tools including a meeting agenda wizard, and a “one-click” export of club information from desktop to web.
ICLUBcentral Inc. develops and supports software products to address the specialized needs of affinity group members, including individuals involved with trade associations, membership societies, and civic, fraternal, and philanthropic organizations. Begun in 1989, this effort has been so successful that ICLUBcentral has provided accounting and tax software to a majority of investment partnerships in the United States—nearly 60,000 in all—via software programs distributed by the National Association of Investors Corp., a national non-profit association dedicated to investor education.
About Ouriclub Inc.
Ouriclub, based in Columbus, Ohio, is a software company founded in 2000. The firm introduced Ouriclub Managerä for the investment club community in early 2001.