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4GL School Solutions Announces Letter of Intent to Acquire Tranquility Solutions Inc.; Merger of Two Leading Providers Gives 4GL School Solutions Clear Leadership Position in Special Population Management Segment.

Publication: Business Wire
Publication Date: 02-AUG-05 		Format: Online - approximately 776 words
Delivery: Immediate Online Access

Article Excerpt
TOWSON, Md. -- 4GL School Solutions (4GL), the leading provider of comprehensive management solutions for special populations in K-12 education, today announced it has signed a letter of intent to acquire Tranquility Solutions Inc., developers and marketers of a software-based, process management tool for special education practitioners.

The Tranquility product line has been implemented in more than 150 school districts throughout the United States, including more than 40 districts with student enrollments in excess of 10,000. This acquisition will nearly double 4GL School Solutions' market share as well as provide a foothold in key states and market segments where it has yet to establish a presence. Tranquility's strong success in small- to medium-sized school districts...

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