Paxus division chooses Framework name

Press, 21 August 1984, Page 29

Paxus division chooses Framework name

Manufacturing and Commercial Systems, Ltd (MACS), a New Zealand and Australian developer of software for manufacturing and distribution applications, has changed its name to Framework Infonnation Systems, Ltd. The company is a division of the rapidly-growing Paxus Information Services Group, itself a division of NZI Corporation. Framework’s general manager, Mr David Medd, estimates the company’s returns will exceed $3O million within four years. By 1988, he said, Framework expected to be spend-

ing more than a million dollars a year on product research and development. Framework had its New Zealand origins in 1979, when the Australian company sold the New Zealand, rights to a company that was named MACS New Zealand. Later the New Zealand company became known as ISIS when it was absorbed into Idaps. Idaps is now a subsidiary of Paxus. Last year Paxus also acquired MACS in Australia and the Australian and New Zealand operations have been combined into Framework, one of 10 entrepreneu-

rial units that make up Paxus. Idaps continues as a separate Paxus unit. Framework has steadily expanded its range of software systems to include manufacturing, distribution, merchandising and construction sectors. At the name-launching function in Auckland this month, Mr Medd said that since its association with Paxus late last year, the company had undergone considerable . restructuring and development. “In line with the Paxus philosophy, the company is destined to follow a course of even wider product and

geographic diversification in the immediate future,” He said planning was already well under way, in conjunction with the Paxus operation in California, to enter the United States market in the next nine months. The name change, Mr Medd said, was necessary to more effectively represent Framework’s expanded product range and development programme. “The name Framework implies strength in building for the future and identifies the company more positively with the industries it serves,” he said.