Archonix Systems and Investors Purchase Assets of Pamet Systems, Inc.

Public Safety Software Company Expands Presence in Several Key States

HUDSON, Mass., Dec. 12 /PRNewswire/ — Pamet Software, LLC, a company formed by Archonix Systems, LLC and several investors has announced that it has purchased software and other assets from Pamet Systems, Inc. According to the Managing Director of Pamet Software and Archonix’s President and Chief Operating Officer, Anthony Graham, the investment continues the Archonix strategy of geographic and product expansion in the public safety software market through investment in and acquisition of quality assets. “We have known Pamet Systems, Inc. for over five years and have respected the performance of its software, the commitment of its employees and the loyalty of its customers. It is our goal to strengthen these attributes even further by additional investment in product, infrastructure and technology. We are pleased that joining us in this acquisition are investors familiar with the public safety market with whom we share a common strategy and vision,” stated Sanjay Singhvi, Archonix CEO. As a result of this investment, Archonix will manage over 200 public safety customer relationships in 21 states and continue to provide customers with a full product offering of software for police, fire, and correctional institutions.

Kirke Curtis, the CEO of Pamet Systems, Inc. stated further “Pamet Software is superbly positioned to make the continued investment in development, support and operational infrastructure necessary to take Pamet’s assets to the next level of performance. During the past several years, we looked at many options for the company, none which has come close to this opportunity with a group of software professionals who possess a keen understanding of, and commitment to, public safety software. I couldn’t be more delighted with this outcome.”

ABOUT ARCHONIX SYSTEMS, LLC: Based in Mt. Laurel, New Jersey, privately held Archonix Systems is a rapidly growing provider of public safety software products to police and fire departments, corporate security and police groups, correctional institutions as well as local and regional data sharing software for government entities. Subsequent to its investment in Pamet Software, LLC, Archonix will manage over 200 public safety customer relationships in 21 states. http://www.archonixsystems.com/

ABOUT PAMET SYSTEMS, INC.: Incorporated in 1987, Pamet Systems, Inc. designs, develops, installs and supports software for the public safety market, including software for computer-aided dispatch (CAD), records management systems (RMS), imaging, mapping, mobile access and regulatory agency reporting. http://pametsystems.com/

SOURCE Pamet Software, LLC