Purchasesoft Inc. (PSFX/PSFX.PK) Wrap Up:

PurchaseSoft, Inc., through its subsidiaries provides information technology solutions primarily in the United States. It operates in three segments: Software Sale, Maintenance Contracts, and Consulting Services. The Software Sale segment engages in the sale, licensing, and updating of the enterprise solutions. The Maintenance Contracts segment provides customers with rights to unspecified software product upgrades and maintenance releases, and Internet access to technical content, as well as Internet and telephone access to technical support personnel. The Consulting Services segment assists customers in the rapid design, implementation, deployment, upgrade, and migration of the company's database technology and applications software, as well as provides on-site technical services. The company was founded in 1977 as Greentree Software, Inc. and changed its name to PurchaseSoft, Inc. in 1998. PurchaseSoft is based in Irvine, California.