Vermont Business Magazine Manufacturing Information Systems, Inc(MISys), a leading manufacturing software solutions company based inWoodstock, VThas announced that the firm is now sharing beneficial ownership with employees by becoming 100 percent owned by an Employee Stock Ownership Plan (ESOP) Trust. As an employee-owned company,MISys, Inc.will continue to operate under the same business model.
"The ESOP was a natural next step forus,"saidRay Martell, CFO of MISys. "Our employees have always held high standards when it came to software development and providing world-class support for our customers. As we look down the road, we believe that long term growth for both our employees and our customers is best served when all of us have a vested interest in success. An ESOP was the right choice for us."
ABOUT MISys, Inc.
MISys, Inc.has been a leader in the manufacturing software industry for more than 25 years. The comprehensive MISys Manufacturing software integrates with the most widely used accounting programs to form best-of-breed solutions for small to medium-sized manufacturers. While the majority of the 8,000 software installations are inNorth America, MISys has customers throughoutAfrica,Australiaand the Far East, a total of 52 countries. Software development, technical support, customer service and sales and marketing activities are all based inWoodstock, Vermont.
SOURCE WOODSTOCK, Vt.,Oct. 4, 2018/PRNewswire/ --MISys, Inc.misysinc.com