MUSE TECHNOLOGIES, INC.

MUSE TECHNOLOGIES, INC.

Previous company name

Name change date

Company Overview
Muse Technologies, Inc., together with its subsidiaries, is an American company engaged in the development of data visualization software products that are designed to integrate, present, analyze, and better understand many different types of data. It is a publicly listed on the Other OTC Market, USA under the ticker symbol MUZE. The registered head office of the company is located in Waltham, Massachusetts.
Muse Technologies is organized into two operating divisions: data visualization software and services, and advanced visualization solutions. The data visualization software and services division creates and sells software products; and provides training, support, and services to customers to facilitate use of software. The advanced visualization solutions division provides customized software based solutions, system integration, training and consulting services, computer hardware, and accessories. It serves major financial institutions, energy providers, manufacturers, and insurance carriers. Its customers include Nextel, Diageo, SunTrust, First Horizon Merchant Services, and Pacific Capitol Bancorp.
Muse Technologies also provides its customers with software solutions, systems integration, and training and support services using data visualization and other methods of advanced computer graphics. It has strategic alliances with Sybase and MQSoftware. The company aims to provide products and services that deliver on time and within budget solutions that solve the business issue or take advantage of the business opportunity.
Business Summary
Muse Technologies, Inc., together with its subsidiaries, develops and markets data visualization software products that are designed to enhance a computer user’s ability to integrate, present, analyze and better understand many different types of data. The Company also provides its customers with comprehensive software solutions, systems integration, and training and support services using data visualization and other methods of advanced computer graphics. On December 4, 2002, the Company filed for protection under Title 11 of the United States Code in the United States Bankruptcy Court, in the form of a Voluntary Chapter 7 petition.
Description and history
Muse Technologies, Inc., together with its subsidiaries, develops and markets data visualization software products that are designed to enhance a computer user’s ability to integrate, present, analyze and better understand many different types of data. The Company also provides its customers with comprehensive software solutions, systems integration and training and support services using data visualization and other methods of advanced computer graphics. Muse was incorporated in October 1995 and commenced conducting business under the name Advanced Visual Systems in January 2001. Since its acquisition of Advanced Visual Systems Inc. (AVS) in November 2000, the Company is organized into two operating groups, Data Visualization Software and Services, and Advanced Visualization Solutions. On December 4, 2002, the Company filed for protection under Title 11 of the United States Code in the United States Bankruptcy Court, in the form of a Voluntary Chapter 7 petition.

Including its AVS subsidiary, the Company has provided its software and services to approximately 2,500 international customers, the bulk of which come from AVS. Approximately 12,000 user licenses have been issued for AVS software products. Generally, the Company’s customers are large or mid-sized corporations with complex problems that they wish to better understand or solve, and software vendors that use its technology to add visualization capabilities to their own products.

Data Visualization Software and Services

The Data Visualization Group creates and sells software products directly to customers through an international sales force and through value added resellers (VARs) and independent software vendors (ISVs). In addition, the Data Visualization Group provides training, support and professional services to its customers to facilitate their use of its software. The Data Visualization Group encompasses the operations of the Company, AVS and Muse Federal Systems Group, Inc. The Data Visualization group has developed and is marketing OpenViz, VizWorks, MuSE (Multi-dimensional user oriented Synthetic Environment), AVS/Express, AVS5, Gsharp, Toolmaster and professional services.

A partial list of customers of the Data Visualization Group include Agilent, Arthur Andersen, Blue Martini Software, British Petroleum, Computer Associates, Con Edison, General Electric, Deutsche Telekom, Geoquest, Goodyear Tire & Rubber, JP Morgan, Los Alamos National Laboratory, Motorola, NASA (multiple facilities and programs), Sagetree, Sandia National Laboratories, Schlumberger, United States Air Force, United States Department of Transportation, United States Joint Chiefs of Staff, United States Navy (multiple facilities and programs) and Vodafone.

Advanced Visualization Solutions

The Advanced Visualization Group provides highly customized software-based solutions; systems integration, training and consulting services; and computer hardware and accessories to a predominantly European customer base. The solutions created by the Advanced Visualization group do not commonly integrate software products from its Data Visualization Group, as the solutions tend to solve computer graphics-related challenges that are in specialized fields that exist in the periphery of the general data visualization marketplace. The Advanced Visualization group encompasses the operations of Muse Virtual Presence, Muse Simulation Solutions, Muse VRsource and SimTeam. The Advanced Visualization Group provides customized application development and related professional services, synthetic training systems, advanced graphics and virtual reality hardware, visualization facilities and systems integration, systems maintenance and support services.

A partial list of customers of the Advanced Visualization group includes Alenia-Marconi, Bombardier, British Aerospace, British Telecom, DERA, Diageo, Electricite de France, European Union, Fluor Daniel, French Army, Lever Brothers, Lloyds Bank, Nestle U.K., Procter & Gamble, Renault, Rolls Royce, Royal Air Force, Unilever, Severn Trent Water and Vickers Defense.

Business Line
Engaged in the development of data visualization software products that are designed to integrate, present, analyze, and better understand many different types of data
Subsidiary

Advisor
FELDMAN, SHERB, HOROWITZ & CO.
IPO date
11/1998
US SIC Code
7372
Company Address
300, Fifth Avenue

City province or state postal code
02451, WALTHAM, MA
Phone: +1 781 890 4300
Fax:
Country address: UNITED STATES OF AMERICA
Website url: www.musetechnologies.com