by Rebecca Walker — March 2, 2009— Meridex Software Corp., a provider of IP security and facilities management software solutions, has signed a letter of intent to sell its Facilities Management Software division to Robert Stephen Consulting, LLC.
“This sale of our FM division not only provides us with more cash but also allows our team to focus more tightly on developing and selling our new IP security software helping us to build a scalable, high margin software business and generate greater shareholder value,” said Darren Nicholls, president and CEO of Meridex.
Meridex enables educational institutions, government, hospitals, retail and corporate enterprises to manage, monitor, and optimize security and facilities management systems. For more information, see the Web site.
Robert Stephen Consulting is a corporate real estate and asset management consulting company. RSC uses Integrated Workforce Management System (IWMS) solutions coupled with its own SpaceView product line. For more on the company, see its Web site.
