Provider of premium digital asset management solutions, with a specific expertise in supporting large scale implementations to manage video and rich media archives.

The Company's products, which run on IBM's content repositories, provide a highly scalable, customizable and automated workflow solution that manages media from initial content capture through to publishing for end-user search.

Affiliate of North American Systems International (“NASI”) whose primary business is hardware sales and integration. NASI recognized that the business had more potential under the ownership of a company with software expertise.

Objective

Retained as exclusive advisor to manage the sale of Ancept.

Activities

Performed initial due diligence and valuation work to identify potential deal issues and set valuation expectations.

Developed company positioning and materials to support sale process, and highlight the company’s strengths.

Contacted 100+ potential strategic buyers and solicited proposals.

Created environment with multiple competing offers.

Negotiated and closed transaction in March 2009.

Successful sale to ViewCast Corporation (OTCBB: VCST), a leading hardware and software manufacturer with expertise in managing live and on-demand video content.