Achieve Technology Inc. Agrees to Purchase Principle Data Systems LLC



Achieve Technology, Inc. (Achieve) announced today that it agrees to purchase the assets of Principle Data Systems LLC (Principle) and will immediately maintain Principle's customer base. Principle Data Systems, based in Dallas, TX was founded in 2003 and provides web-based software solutions to Schools. Principle Data Systems has a strong presence among Independent Schools nationwide.

"Principle Data Systems is a great fit with Achieve Technology," commented Kathleen Butler, President and CEO of Achieve. "Principle is focused on providing web-based solutions to help schools manage their daily business in the most cost efficient manner. Assisting schools in the support and service of their families is a passion of Achieve. Principle's products complement our model. The acquisition will allow Achieve to expand our product offerings to our own clients and grow our business by providing additional web based solutions. In addition, we look forward to servicing Principle's clients and adding to their solution set."

Robert Hoodis, President and founder of Principle Data Systems, said, "We are delighted to become a part of the Achieve Technology solution. Principle has a great deal in common with Achieve, and has been focused on providing the right technology to help schools meet their ever growing support needs. I am impressed with Achieve's technology and vision of the future. I am especially pleased that our customer's will be moving forward with Achieve. This is the right evolution for them and they will benefit immediately."

About Achieve Technology

Based in Austin, Texas, Achieve Technology was founded in 2004 and provides end-to-end information management solutions for Schools. Their robust product suite includes server based solutions for Admissions, Development, Human Resource, Nurse's Office, Summer School Administration, Scheduling, and Report Card Central. Achieve web hosted solutions include Attendance, Teacher Grade Book, Report Cards, Parent Portal and On-line Inquiry. Information about Achieve Technology can be found at www.achieve-technology.com.

About Principle Data Systems

Principle Data System's web hosted solutions are designed specifically for schools. Principle Data Systems was founded in 2003 and is headquartered in Dallas, Texas. Principle's products include Admissions, Registrar, Grade Book, Attendance, Scheduling, Calendaring, Parent Portal, Email Communication and more. For more information on Principle Data Systems, please visit the Principle web site at www.principledatasystems.com.





Achieve Technology Inc. Agrees to Purchase Principle Data Systems LLC





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