Consolidates hardware and software infrastructure to eliminate cost inefficiencies. The company today announced it will receive a $2 million investment from Fletcher International Ltd. as part of a previously announced $10 million March 2010 investment agreement. The investment brings Fletcher’s total investment to date at $4 million.

ANTs will use the proceeds for general operating purposes, as well as for the further development of its go-to-market strategy for its database migration solutions.

Per the agreement, the $2 million investment represents Fletcher’s purchase of 1.6 million additional shares at a per share price of $1.25, a 25% percent premium over the closing price of ANTs’ common stock on July 14, 2010.

ANTs and Fletcher also agreed to amend the terms of the previous agreement, reflecting Fletcher’s right to purchase the remainder of its $10 million investment in ANTs software at $1.25 per share for up to $1 million of additional shares and $1.50 per share for up to $5 million of additional shares.

According to the press release, in advance of the recent transaction, ANTs withdrew its registration statement originally filed with the Securities and Exchange Commission on June 2, 2010.

The company has agreed to file one or more new registration statements under the revised terms of the transaction.

“Fletcher is an exceptional investment partner. Their commitment, guidance and support have been a key driver of our success.

Their willingness to accommodate modifications to the timing of our capital needs confirms that we made the right decision in choosing Fletcher as our long-term partner. We look forward to a long and mutually successful partnership between our two firms,” Joseph Kozak, CEO of ANTs, stated in the press release.

Source:http://www.ibtimes.com/articles/36169/20100716/ants-software-inc-ants-ob-receives-2m-investment-from-fletcher-international-revises-terms-of-previo.htm

Today, home health agencies using Kinnser’s online software solutions can utilize the iPad for point of care documentation and coordination across the continuum of care.

By upgrading its Web-based home health software solution Agency Manager™ for the Safari Web browser on the iOS mobile operating system for the iPhone and the iPad, Kinnser is first to provide this unique access to home health agencies, physicians and therapy companies.

Home health agencies nationwide can now choose to use tablet based computers for tasks including nursing notes, OASIS forms, signing orders, sending HIPAA-compliant messages and routing clinical documents from wherever they have Internet access.

We are committed to ensuring that Kinnser’s Web-based services are accessible from a wide variety of keyboard and touch screen devices,” said Christopher Hester, Chief Executive Officer of Kinnser Software.

“While desktops, laptops and netbooks are all common ways to access our services today, it is clear that the iPad is the first of the next generation of more affordable touch-based tablet computers.

In the past, a tablet computer cost $2,000, and was out of reach for many agencies. Now with the iPad, an agency can acquire a full featured and easy to use tablet starting at about $500. This provides an additional way for clinicians to use Agency Manager at the point of care.”

According to a June 17, 2010 presentation by Forrester Research analyst Sara Rotman Epps at The Big Money’s “Untethered 2010 Conference”, tablets, including the iPad, will outsell netbook computers by 2012, and desktop computers by 2015.

She estimated that tablet computer sales will be 6 percent of overall computer sales in 2010, grow to 18 percent of computer sales in 2012 and make up 23 percent of all computer sales in 2015, which would equal over 20 million tablets estimated to be sold in that year.

TechCrunch, a web publication offering technology news and analysis, provides a summary of this presentation

Source:http://www.prweb.com/releases/kinnser-software-utilizes/ipad-for-point-of-care/prweb4237974.htm

Red Flag Software, a China based company on June 245 2010 debuted a sweet looking MeeGo operating system based Tablet PC, named the NPad.
We find it very interesting that the NPAD is the first Tablet PC to run the Nokia/Intel operating system on the MeeGo platform.

Right now the MeeGo software is in Late Alpha stage, and has already been announced for a few Smartphones from Nokia later on in the year.

First of all the Red Flag NPad will feature a Moorestown platform that is around 10.1 inches in size, making it larger than the competing Apple iPad. It also is capacitive multi-touch and has a built in accelerometer, so you can switch it between landscape modes.

If you want to connect up to the internet, you can do so in 3G and WI-FI. The battery life is great for tablets, at about 8 hours.

Getting back to the MeeGo Operating system, the NPad is thought to be running the 1.1 MeeGo OS. The benefits of this operating system are to multi-task applications and its great social networking tools.

It will allow users to operate common tasks using a three column view and be very intuitive. The MeeGo operating system is trying to be competitive with the Google Android operating system, and trying to put the Palm WebOS market place to shame.

The only thing is with MeeGo, is whether it will have developer support, right now there are no dedicated development kit for the MeeGo for tablets, but they do have kits for Netbooks. Nokia has a hybrid version of MeeGo for its smartphones.

The Unit will debut in China sometime in August or September for around $350.00

Source:http://goodereader.com/blog/tablet-slates/red-flag-software-to-debut-meego-npad-in-august/