Hayes Software Systems Announces Acquisition of Austin Sky

March 8, 2012 – Hayes Software Systems (Hayes) today announced that it has acquired Austin Sky Technology, Inc (“Austin Sky”). Austin, Texas based and privately‐held Austin Sky has over 12 years of experience in the K‐12 education technology space. The acquisition is the final step in a four year partnership between the two companies. Austin Sky’s solutions include sophisticated data extraction, transformation and loading (ETL) tools that integrate data from clients’ enterprise data systems to the Hayes software platform. Austin Sky’s ETL tools will allow Hayes to deploy their solutions more rapidly and scale more easily to meet their client’s needs.

“With this acquisition we are gaining strong talent and innovative technology that builds on Hayes Software Systems’ industry leading inventory management platform,” said Michael Hayes, Former CEO and President of Hayes. “We continue to expand our integration capabilities to meet the ever changing requirements of tracking educational materials and technology resources. Now our clients can more easily implement Hayes products to meet their specific needs. This reduces project risk, shortens time to deploy, and results in an even better experience for our clients.”

Austin Sky’s software solutions and ETL tools are used in districts and in state agencies across the country.

“This will enable us to continue to flourish and better meet the needs of our clients and industry partners,” said Matt Winebright, current CEO and President at Hayes. “This acquisition allows us to continue to extend our technology into additional education markets.”

Financial terms of the transaction are undisclosed.

About Hayes Software Systems

Hayes Software Systems is a privately held company specializing in inventory control solutions to automate K‐12 instructional technology and instructional material accountability. By incorporating respected methodologies with the unique needs of education professionals, for over 20 years Hayes has helped over 700 districts across the United States make the most out of resource investments into their 21st century learning environment. TIPWeb solutions support the workflow and planning required to track instructional resources to students and teachers. For more information, visit www.hayessoft.com.

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