ARI Network Services Inc: Key Developments
ARI Network Services, Inc. Announces Transition of Chief Financial Officer
June 16, 2009 |
| ARI Network Services, Inc. announced its agreement with Kenneth S. Folberg, the Company's Chief Financial Officer, that as of June 16, 2009, Mr. Folberg will cease to act in that capacity, but will continue to work with the Company in a consulting role on special projects (including transition activities) during the next nine months in accordance with the terms of a new agreement between Mr. Folberg and the Company. A nationwide search for a new Chief Financial Officer will begin immediately. Brian E. Dearing, the Company's Chairman of the Board, will assume the role of Acting Chief Financial Officer during the search process. |
ARI Network Services, Inc. Acquires Assets of Powersports Outsourcing Group, LLC
June 10, 2009 |
| ARI Network Services, Inc. announced that it had acquired the assets of Powersports Outsourcing Group, LLC (PSOG). The acquisition was completed on April 17 by ARI F&I Services, LLC (AFIS), a wholly owned subsidiary of the Company, by obtaining the assets of PSOG in partial satisfaction of its debt to the Company. |
ARI Network Services, Inc. Acquires Channel Blade Technologies
April 28, 2009 |
| ARI Network Services, Inc. announced it is acquiring the assets of Channel Blade Technologies Corp., the provider of websites, lead management and marketing automation solutions in the marine and recreation vehicle markets. Terms of the transaction were not disclosed. |
ARI Network Services, Inc. Reaffirms FY 2009 Earnings Guidance-Conference Call
October 29, 2008 |
| ARI Network Services, Inc. announced that it expect that operating income, net income and EBITDA will continue to be positive in fiscal 2009. |
ARI Network Services, Inc. Appoints Chief Financial Officer- Form-8K
July 28, 2008 |
| ARI Network Services, Inc. announced in its Form-8K that it has appointed Kenneth S. Folberg as Vice President of Finance and Chief Financial Officer of the Company. |
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