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Dana Hammer-Eden

Miria Systems has announced the sale and licensing of its Engineering Document Management business to McLaren Engineering Group. This will allow Miria Systems to focus on its core ActiveOps business automation solutions for accounting, finance, and HR, particularly for multi-location retailers. The transaction includes Miria's Engineering Management business and will provide a strategic fit for McLaren Engineering Group's portfolio, while allowing both companies to better align resources and expand in their core areas.

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Miria Systems Announces Divestiture of its Engineering Document Management Business to McLaren Engineering Group Miria systems will continue to drive growth behind their core portfolio, ActiveOps, the most robust and flexible business automation solutions for accounting, finance, and HR. NORRISTOWN, PA, July 10, 2015/PRNewswire-FirstCall/ -- Miria Systems today announced the sale and licensing agreement of its Engineering Document Management business to McLaren Engineering Group allowing Miria Systems to focus its continued growth in retail. The transaction includes its Engineering Management business. Miria’s ActivOps applications will remain the core business for Mira Systems and will be the focus of their continued growth in business process automation solutions. “The divestiture of our Engineering Management business will allow us to focus on our core strength and success which is our highly configurable on-premise or Cloud-based ActiveOps platform. We are seeing and increased demand from operationally dispersed, but centrally managed retail companies to automate the management of their traditionally paper-driving accounting, finance and HR business processes,” said Martin Michael, CEO of Miria Systems. Miria systems has an established leadership presence in the retail industry for Financial and HR automation solutions with their iconic brands such as Active Pay, Active Expense, Active Ledger and Active HR. The licensing agreement allows McLaren to build on its already successful engineering business and for Miria to focus on the retail industry for multi-location retailers who are centrally managed. "We are very excited for this win/win divestiture,” said Bob Vogel, COO of Miria systems. It will allows us to better align our Company's resources while at the same time, it provides McLaren Engineering Group a product line that is a perfect strategic fit in its portfolio.” Miria Systems is committed to a smooth transition of the business to McLaren and is looking forward to expanding its retail business well into the future. Additional terms and conditions of the agreement were not disclosed. About Miria Systems Process Management Automation Leaders, Cloud Experts For 25 years, Miria has been leading the path to smarter business through smarter capture and management of critical operating data, documents, and content. Today they are using that same efficiency-driven expertise to lead companies to the benefits of Cloud computing with ActiveOps.
Miria Systems provides expert guidance to ensure a highly efficient transition to its flexible Cloud- based software platform. For more information about the Company, visit www.miriasystems.com

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Press Release

  • 1. Miria Systems Announces Divestiture of its Engineering Document Management Business to McLaren Engineering Group Miria systems will continue to drive growth behind their core portfolio, ActiveOps, the most robust and flexible business automation solutions for accounting, finance, and HR. NORRISTOWN, PA, July 10, 2015/PRNewswire-FirstCall/ -- Miria Systems today announced the sale and licensing agreement of its Engineering Document Management business to McLaren Engineering Group allowing Miria Systems to focus its continued growth in retail. The transaction includes its Engineering Management business. Miria’s ActivOps applications will remain the core business for Mira Systems and will be the focus of their continued growth in business process automation solutions. “The divestiture of our Engineering Management business will allow us to focus on our core strength and success which is our highly configurable on-premise or Cloud-based ActiveOps platform. We are seeing and increased demand from operationally dispersed, but centrally managed retail companies to automate the management of their traditionally paper-driving accounting, finance and HR business processes,” said Martin Michael, CEO of Miria Systems. Miria systems has an established leadership presence in the retail industry for Financial and HR automation solutions with their iconic brands such as Active Pay, Active Expense, Active Ledger and Active HR. The licensing agreement allows McLaren to build on its already successful engineering business and for Miria to focus on the retail industry for multi-location retailers who are centrally managed. "We are very excited for this win/win divestiture,” said Bob Vogel, COO of Miria systems. It will allows us to better align our Company's resources while at the same time, it provides McLaren Engineering Group a product line that is a perfect strategic fit in its portfolio.” Miria Systems is committed to a smooth transition of the business to McLaren and is looking forward to expanding its retail business well into the future. Additional terms and conditions of the agreement were not disclosed. About Miria Systems Process Management Automation Leaders, Cloud Experts For 25 years, Miria has been leading the path to smarter business through smarter capture and management of critical operating data, documents, and content. Today they are using that same efficiency-driven expertise to lead companies to the benefits of Cloud computing with ActiveOps.
  • 2. Miria Systems provides expert guidance to ensure a highly efficient transition to its flexible Cloud- based software platform. For more information about the Company, visit www.miriasystems.com