Trey Resources is an information technology
and software company. Trey, through its principal operating subsidiary,
SWK Technologies, is a value added reseller of Best Software’s
financial accounting software, including MAS90, MAS200, MAS500,
and BusinessWorks. Trey also publishes MAPADOC, its own proprietary
EDI (electronic data interchange) software. In addition, the
Company provides network service and business consulting services
for its clients, which includes providing Sarbanes Oxley (SOX
404) technology audits for public companies.
The Company’s growth strategy is to acquire firms in
this extensive and expanding but highly fragmented market segment
as it seeks to create substantial value for its shareholders.
The MAS family of software products is marketed through an
extensive channel of resellers. Trey intends to use SWK as
a platform to roll up and aggregate the best and brightest
of these resellers into a single company under the Trey umbrella.
In addition, Trey will target for acquisition other software
companies which may be used as add-on modules to the MAS software.
These product lines might include such diverse products as
software for human resources, inventory management, warehouse
control, etc. Other types of companies that would fit into
the strategic growth plan of the company include smaller resellers
who do not have development capabilities, other publishers
of integrated EDI software, and similar sized channel partners.
The Company also expects that its acquired companies will
grow organically by virtue of providing these companies with
additional management, financial resources, and corporate infrastructure.
The Company has a $10 million financing package in place to
facilitate its business plan.