Avectra Acquires NFi Studios

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Integration of Innovative Social Technology Company with Association Management Software Market Leader Will Accelerate Industry Technology Development

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We believe our combined strengths will not only immediately benefit our respective customers but will also provide access to a larger total addressable market and significant long-term growth opportunities.

Avectra, the leading provider of web-based association management software (AMS), announced it has completed the acquisition of NFi Studios, a privately held innovator of web technology connecting member & industry communities by delivering social technologies to member-based organizations.

Acquiring NFi Studios accelerates Avectra’s strategy of delivering an industry-defining technology platform that enables member-based organizations to engage members in more sophisticated, relevant and transparent relationship programs to promote advocacy, action and drive business value.

“Both companies are experiencing great success, momentum and have enormous opportunities ahead of them,” said Richard Davis, chief executive officer of Avectra. “We believe our combined strengths will not only immediately benefit our respective customers but will also provide access to a larger total addressable market and significant long-term growth opportunities — especially in emerging areas such as the not-for-profit, international and new vertical markets.”

“Being a client of both NFi Studios and Avectra, it is very exciting to see these two companies come together,” said Alise Miner, vice president, Internal Systems and Project Teams, Specialty Equipment Market Association. “Combining Avectra’s deep back office AMS functionality with leading-edge online social networking features not only helps maximize our member’s participation but equally enriches current membership initiatives and operational effectiveness. We are eager to continue working with each group to discover new opportunities to help our members realize even greater value from our combined solutions.”

As part of the acquisition, NFi Studios, based in Orlando, Florida, will operate as an independent division of Avectra and will continue to support the MemberFuse product line as well as their existing customers and partners.

For more information about Avectra’s membership management software or to sign up for a free online demonstration, visit http://www.avectra.com/livedemo .

About Avectra
For the last 16 years, Avectra has been translating our customers’ needs into market-leading association management software – whether our customers serve members by the hundreds or hundreds of thousands. Our 100% Web-based technology integrates data with business processes and then automates it, so our customers can engage members, provide access to all of their resources and get more done. Each of our solutions is continually refined by the user community, ensuring that we have the features our customers need to run their businesses and lead their industries. With ongoing, automatic upgrades that won’t disrupt service or incur additional costs, we keep our customers current with the latest technology. Avectra is headquartered in McLean, Va., with a regional office in Chicago.

To explore the netFORUM family of products, please visit http://www.avectra.com , or call 800-858-8272.

About NFi Studios
NFi Studios is the leading provider of web technology connecting member & industry communities. By delivering social technologies to associations to marketplace matching solutions for tradeshows, NFi Studios takes a creative approach to delivering powerful interactive solutions for our clients.

Media Contacts:

Patrick Dorsey
(703) 506-7037

Elizabeth Baranik
(877) 634-7883

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