SaaS Software, Inc. Announces Agreement with Lighter Capital

Dallas-based IT Solutions Provider to Grow Business with Lighter’s Revenue-Based Financing

SSiDALLAS – September 4, 2013 – SaaS Software, Inc. (SSi), a leading developer of custom business IT solutions and mobile software applications for a range of industries, today announced an agreement with Seattle-based Lighter Capital to obtain Revenue-Based Financing resources to expand its business strategic goals.  The financing will be used to grow all aspects of the SSi business – from product design and engineering to sales and marketing.

“Our business is accelerating with the roll-out of several new software applications,” said George T. Gundling, CEO of SSi.  “Lighter Capital is the perfect fit for SSi as the firm’s Revenue-Based Financing will allow us to continue developing our applications with expanded resources.”

Revenue-Based Financing (RBF) from Lighter Capital fosters the rapid growth of businesses like SSi, in return for a small percentage of future years’ revenues.  This unique model provides small businesses a financing option that offers no dilution, no loss of control, and no fixed repayment schedule.

“With this type of financing, we’ve avoided the rigidity and confinement of traditional bank financing and the ownership dilution from an equity investor,” added Gundling.

“We are thrilled by the addition of SSi to our RBF investment portfolio,” said BJ Lackland, CEO of Lighter Capital.  “The company has a proven history of solid growth and its expansion into new verticals brings tremendous opportunity.  The future is extremely bright for SSi and we’re honored to be their financing partner through the company’s next phase of growth.”

About SaaS Software, Inc.

Founded in 1999, SaaS Software, Inc. is a privately held Texas Corporation headquartered in Dallas, TX.  SaaS Software, Inc., (SSi) consistently delivers proven profit-driving IT solutions “Powered by SSi™” enabling its clients to drive new revenue, gain competitive advantage and capitalize on business opportunities. In 2008, George Gundling, former PepsiCo and Frito-Lay senior technology executive, assumed leadership as President and CEO. SSi develops and supports custom business solutions and commercial web-based and mobile software applications for companies in the healthcare, telecommunications and mobile, transportation, financial services, and consumer products industries.

To learn more about SSi, visit their website: http://www.poweredbyssi.com/

About Lighter Capital

Lighter Capital breaks down the barriers to small business growth funding.  The firm’s revenue-based finance model exchanges growth capital for a fixed percentage of the company’s revenues.  This structure is more flexible, easier, and faster than traditional loans, making the firm “lighter” than the marble and mahogany of the antiquated banks.

Since 2010, Lighter Capital has funded dozens of fast-growing companies that had no interest in personal guarantees from a bank nor the dilution and control provisions from venture capitalists. Lighter Capital invests $50k to $1M into growing software and technology companies with revenues of $15k per month and up. For more information, or to apply, visit: http://www.lightercapital.com/

 

Media Contact:

Susan Morrow
Marketing Symphony/SSi
214.632.2711
smorrow@marketingsymphony.com

 

Media Contact:

Jeff Pecor
Tailwind Public Relations / Lighter Capital
802.497.1932
jeff@tailwindpr.com

System Services (SSi) Is Now SaaS Software, Inc.: Unveils “Powered by SSi™” Strategic Solutions

Announcements Mark Company’s Progression from Tactical IT Resource to Strategic Partner for Its Clients and Commitment to Create Powerful Business-Changing Applications


DALLAS, TEXAS – June 24, 2013
– System Services (SSi), a strategic information technology (IT) and software solutions company, is now SaaS Software, Inc.(SSi)  The new name reflects the organization’s progression from IT outsourcing activities to application development, specifically, SaaS and mobile applications. Notably, the move transforms SSi from being a tactical IT resource to a strategic partnership role with its clients in helping them leverage revenue opportunities, gain competitive advantage, and turn their business ideas into reality.

Synonymous with the strategic direction SSi has taken to meet the needs of its clients, the company unveils “Powered by SSi™”. The new positioning demonstrates its commitment to creating business-changing applications that are designed, developed, and supported by the organization’s power, expertise and experience.

“Powered by SSi™” is a natural evolution for the company to demonstrate its pride and responsibility to its client base. With this mantra, SSi knows it is working with clients not only to meet their business goals, but exploit new revenue niches, capitalize on business opportunities and intensify their competitive advantage.

“Our technical resources and depth of knowledge help us deliver the ‘best-of-the best’ SaaS applications, service and commitment to our clients,” said Prakash Vyakaranam, chief technology officer, SSi. “Whether it be Microsoft technologies like .Net, Silverlight, SQL Server, or open source data technologies, such as Pentaho and Apache Cassandra, SSi’s expert technical team will help clients choose the ‘right mix’ of technologies that will not only be cost-effective but also prove to be the right solutions for them.”

“’Powered by SSi™’ represents not only the sense of pride we all share, it reminds us of the responsibility we have towards all of our clients,” added Vyakaranam.

Since SSi’s inception in 1999, the company boasts business and technical expertise supported by rich experiences to provide high-quality “on-target” technology solutions to meet clients’ needs. With backgrounds from Fortune 100 IT processes and disciplines, SSi’s leadership team and other dedicated members offer a range of exemplary, custom SaaS application solutions for organizations in the healthcare, telecommunications, and financial industries, among others.

“‘Powered by SSi™,’ communicates and combines our past success with our future direction as the strategic SaaS software application development and support organization of choice,” said George Gundling, chief executive officer, SaaS Software, Inc. “Our new name and positioning demonstrate our culture and commitment to be the ideal partner with our clients to help with their current and future business endeavors.”

In conjunction with its new name and strategic direction, SaaS Software, Inc., introduces a new website, www.PoweredBySSi.com. The site showcases the company’s evolutionary positioning and offerings as a business partner for its clients.

 

About SaaS Software Inc.

Founded in 1999, SSi – now known as SaaS Software, Inc. is a privately held Texas Corporation headquartered in Dallas, TX.  SaaS Software, Inc., (SSi) consistently delivers proven profit driving IT solutions “Powered by SSi™” enabling its clients to drive new revenue, competitive and business opportunities. In 2008, George Gundling, former PepsiCo and Frito-Lay senior technology executive, assumed leadership as President and CEO.  SaaS Software, working with the Studer Group, developed and supports SaaS solutions running in over 500 hospitals globally.  SaaS Software has extensive experience developing IT strategies and SaaS and other software solutions from hospitals to smaller physician groups and home health clinical staffing organizations. www.PoweredBySSi.com

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SSi and Tenera Healthcare Tout Joint Venture

Leading Strategic IT and SaaS Software Solutions Company and Noted Healthcare Operations & Management Firm Offer Pioneering Home Health Agency SaaS Application

SSiDALLAS, TEXAS – June 15, 2013 – SSi (SaaS Software, Inc.), a strategic IT and SaaS software solutions company, and Tenera Healthcare, a healthcare operations and management firm, announce a new Home Health Agency application. Partnering with Tenera, SSi developed the OaSSis Enterprise SaaS (Software as a Service) solution, pioneering to significantly improve patient care by streamlining clinician activities and Medicare compliance reporting. In addition, the new offering provides intuitive mobile clinician interfaces, and generates compliant, outcome assessment information set (OASIS)/visit forms using “device transparent” mobile technologies.

The new OaSSis Enterprise SaaS solution will go live with several “beta” partners  in Texas, Florida and Illinois later in 2013. These partners represent some of the most diverse and successful home health  agencies in the country. The offering reflects the changing and forthcoming health care government regulation compliance, and is structured as a competitive, easy-entry SaaS pricing structure.

Tenera HealthSSi and Tenera formed the joint venture in mid 2012 to develop several healthcare SaaS solutions and to provide consulting activities to related industry organizations. SSi’s leadership team boasts backgrounds from Fortune 100 Information Technology (IT) processes and disciplines. With its technology expertise, SSi offers a range of exemplary, custom solutions for organizations in the healthcare, wireless telecommunications, and financial industries, among others.

The team at Tenera are trailblazers in home healthcare, offering the ability to take care of patients in the home versus the hospital. The firm has developed a unique model for Hospital-to-Home Transitional Care for Medicare’s high-risk, high-cost beneficiaries.

“It is the perfect marriage for both organizations,” said George Gundling, chief executive officer, SSi. “Tenera’s healthcare experience and understanding of the changing needs in the industry, coupled with SSi’s expertise in healthcare SaaS software design, development, and support, pave the way to develop innovative healthcare offerings that we believe will benefit the medical community, and, moreover, the patients.”

 

ABOUT SSi (SaaS Software, Inc.)

Founded in 1999, SSi is a privately held Texas Corporation headquartered in Dallas, TX.  SSi consistently delivers proven profit driving IT solutions enabling its clients to drive new revenue, competitive and business opportunities. In 2008, George Gundling, former PepsiCo and Frito-Lay senior technology executive, assumed leadership as President and CEO.  SSi, working with the Studer Group, developed and supports SaaS solutions running in over 600 hospitals globally.  SSi has extensive experience developing IT strategies and SaaS and other software solutions from hospitals to smaller physician groups. Visit www.PoweredBySSi.com for more information.

ABOUT Tenera Healthcare

Tenera Healthcare, LLC is a Dallas, Texas-based, healthcare operations and management business. Along with Tenera owning and operating several healthcare businesses, the firm’s team has developed a unique model for Hospital-to-Home Transitional Care for Medicare’s high-risk, high-cost beneficiaries. The model has been demonstrated with two of the nation’s largest hospital systems and has been shown to dramatically reduce readmissions. Tenera has entered into a partnership with SSi for the development of several healthcare SaaS products and to provide consulting and management activities to healthcare businesses.

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SSi and Luminance Integrated Technologies Partner

Luminance Integrated TechnologiesPLANO, TX, February 27, 2012 (Business Wire) – SSi is pleased to announce Luminance Integrated Technologies™ as a new client.

Luminance Integrated Technologies™ recently entered an agreement to allow SSi provide the unique SSi Smart-Sourcing™ solution for their entire office computing environment, including servers, desktops, laptops as well as handling remote access, security and back-up systems.

About Luminance Integrated Technologies™

Luminance Integrated Technologies™  is a medical device development, manufacturing and sales company innovating surgical illumination products for the surgical market. Through the application of protected platform technology, LIT has launched its first innovation, the ONE HeadLIT™ system to improve the efficiency and outcome of surgical procedures.

ABOUT SSi (SaaS Software, Inc.)

Founded in 1999, SSi is a privately held Texas Corporation headquartered in Dallas, TX.  SSi consistently delivers proven profit driving IT solutions enabling its clients to drive new revenue, competitive and business opportunities. In 2008, George Gundling, former PepsiCo and Frito-Lay senior technology executive, assumed leadership as President and CEO.  SSi, working with the Studer Group, developed and supports SaaS solutions running in over 600 hospitals globally.  SSi has extensive experience developing IT strategies and SaaS and other software solutions from hospitals to smaller physician groups. Visit www.PoweredBySSi.com for more information.

 

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SSi CIO, Tom Cavanaugh, Participates in Dallas Business Journal CIO Panel

Dallas Business JournalPLANO, TX, December 7, 2011 (Business Wire) – SSi CIO Tom Cavanaugh participated in a Dallas Business Journal CIO Panel. The title of the session was “What Keeps IT Executives Up at Night“.

Today’s technology executives face a number of challenges and responsibilities.  In addition to protecting vital company information amid increasingly complex security threats and continuing to implement software and hardware upgrades, today’s IT execs are charged with keeping their teams productive in an age of lean budgets and limited resources.  It’s enough to make anyone lose sleep.

Additionally, as the demand to innovate accelerates and the resources needed to stay competitive lag behind, IT leaders must make difficult decisions about which projects to pursue, where to spend limited funds and how to retain valuable team members – all while keeping their company safe from IT security breaches. This panel discussion of leading IT executives will explore what keeps them up at night. What are some of their biggest concerns and what are they doing to adapt, stay competitive and plan for the future?

Contact SSi to learn more about how SSI can address your IT objectives.

To learn more about SSi, visit www.PoweredbySSi.com.

ABOUT SSi (SaaS Software, Inc.)

Founded in 1999, SSi is a privately held Texas Corporation headquartered in Dallas, TX.  SSi consistently delivers proven profit driving IT solutions enabling its clients to drive new revenue, competitive and business opportunities. In 2008, George Gundling, former PepsiCo and Frito-Lay senior technology executive, assumed leadership as President and CEO.  SSi, working with the Studer Group, developed and supports SaaS solutions running in over 600 hospitals globally.  SSi has extensive experience developing IT strategies and SaaS and other software solutions from hospitals to smaller physician groups. Visit www.PoweredBySSi.com for more information.

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SSi Achieves Healthcare Software Solution Installation Milestone

SSiPLANO, TX, December 2, 2011 (Business Wire) – SaaS Software, Inc. achieved another milestone with their healthcare software solutions surpassing 850 installations in hospitals and other healthcare organizations across the US.  Significant growth is planned with the continued roll-out of the Leader Evaluation Manager™ and Patient Call Manager™ solutions along with several new innovative healthcare solutions currently under development. These mobile, web-based software solutions help healthcare organizations focus on top quality patient management and save lives.

ABOUT SSi (SaaS Software, Inc.)

Founded in 1999, SSi is a privately held Texas Corporation headquartered in Dallas, TX.  SSi consistently delivers proven profit driving IT solutions enabling its clients to drive new revenue, competitive and business opportunities. In 2008, George Gundling, former PepsiCo and Frito-Lay senior technology executive, assumed leadership as President and CEO.  SSi, working with the Studer Group, developed and supports SaaS solutions running in over 600 hospitals globally.  SSi has extensive experience developing IT strategies and SaaS and other software solutions from hospitals to smaller physician groups. Visit www.PoweredBySSi.com for more information.

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SSi and Southwest Risk Partner

Southwest RiskPLANO, TX, December 1, 2011 (Business Wire) – SaaS Software, Inc. is pleased to announce Southwest Risk as a new client. With offices in Dallas and Houston, Southwest Risk will partner with SSi to provide SSi Smart-Sourcing™ services. These will include support of the Southwest Risk computing environment.

ABOUT SSi (SaaS Software, Inc.)

Founded in 1999, SSi is a privately held Texas Corporation headquartered in Dallas, TX.  SSi consistently delivers proven profit driving IT solutions enabling its clients to drive new revenue, competitive and business opportunities. In 2008, George Gundling, former PepsiCo and Frito-Lay senior technology executive, assumed leadership as President and CEO.  SSi, working with the Studer Group, developed and supports SaaS solutions running in over 600 hospitals globally.  SSi has extensive experience developing IT strategies and SaaS and other software solutions from hospitals to smaller physician groups. Visit www.PoweredBySSi.com for more information.

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Dave Harness Named Director of Client Engagement

Dave HarnessPLANO, TX, October 31, 2011 (Business Wire) – SaaS Software, Inc. named Dave Harness, Director, Client Engagement.  “We are excited to have Dave’s unique background in technology, operations, sales and marketing at SSi. His diverse skills will prove valuable as we seek to sustain our remarkable growth”, states George Gundling, SSi CEO.  Dave brings over 30 years’ experience working with companies ranging from start-ups to Fortune 100, both domestically and internationally. He has held positions of increasing responsibility at Frito-Lay, GTE and Verizon. He earned Bachelor of Science degrees in Computer Science and Psychology from the University of Iowa.

ABOUT SSi (SaaS Software, Inc.)

Founded in 1999, SSi is a privately held Texas Corporation headquartered in Dallas, TX.  SSi consistently delivers proven profit driving IT solutions enabling its clients to drive new revenue, competitive and business opportunities. In 2008, George Gundling, former PepsiCo and Frito-Lay senior technology executive, assumed leadership as President and CEO.  SSi, working with the Studer Group, developed and supports SaaS solutions running in over 600 hospitals globally.  SSi has extensive experience developing IT strategies and SaaS and other software solutions from hospitals to smaller physician groups. Visit www.PoweredBySSi.com for more information.

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Visit SSi at the Alliance, Texas Small Business Procurement Fair

Alliance FairMeet the SaaS Software, Inc. Team on July 3rd!

SaaS Software, Inc. (SSi) announces it will be exhibiting at the Alliance Texas Small Business Procurement Fair at Gaylord Texan Resort and Convention Center (DFW) on July 3, 2007.

This is a great opportunity to talk with us about our professional services that we can help your business with.

Our breadth and depth of technology skills helps us deliver superior value for:

  • Technology Assessments
  • Technical Architecture Design and Analysis
  • System Consolidation and Upgrade
  • Data Center Relocations
  • Disaster Recovery and Business Continuity
  • Application Implementation and Integration
  • Business Process Automation
  • Billing System Integration
  • Sales Management to ERP Integration
  • Remote Site Polling and Collection Management
  • Control and Measurement design

Plus find out how our fractional outsourcing can save you operational headaches and help save you money!!

Hope to see you at the event on July 3, 2007.

ABOUT SSi (SaaS Software, Inc.)

Founded in 1999, SSi is a privately held Texas Corporation headquartered in Dallas, TX.  SSi consistently delivers proven profit driving IT solutions enabling its clients to drive new revenue, competitive and business opportunities. In 2008, George Gundling, former PepsiCo and Frito-Lay senior technology executive, assumed leadership as President and CEO.  SSi, working with the Studer Group, developed and supports SaaS solutions running in over 600 hospitals globally.  SSi has extensive experience developing IT strategies and SaaS and other software solutions from hospitals to smaller physician groups. Visit www.PoweredBySSi.com for more information.

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