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Article Excerpt
M2 PRESSWIRE-11 June 2009-Stockguru.com: Ari Network Services Inc. is in the StockGuru Spotlight for June 11, 2009(C)1994-2009 M2 COMMUNICATIONS
RDATE:11062009
DALLAS, TEXAS : StockGuru announces that Ari Network Services Inc. (OTCBB: ARIS) is in the StockGuru Spotlight. ARI is a leading provider of electronic parts catalogs and marketing services to dealers, distributors and manufacturers in the manufactured equipment markets. ARI currently serves approximately 100 manufacturers and 190 distributors worldwide. Additionally, ARI provides electronic parts catalogs, dealer websites and/or professional marketing services to more than 25,000 dealers in about a dozen segments of the worldwide equipment market including outdoor power, power sports, marine, recreation vehicles, appliances, agricultural equipment, floor maintenance, auto and truck after-market parts and construction.
On Wednesday, the company put out news regarding the acquiring of 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 ARI, by obtaining the assets of PSOG in partial satisfaction of its debt to ARI....
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