Pangolin buys LAStudio, retains Uspekh as development resource

On March 30, 2002, the American company Pangolin Laser Systems concluded a deal for the purchase of all copyrights, distribution rights and source code for LAStudio software from Uspekh LTD. In addition, Pangolin has also retained the computer software development services of Uspekh for the continued development of LAStudio and LD2000 software.

Who is Pangolin Laser Systems?

Pangolin Laser Systems was founded in 1986 and is the world leader in laser software sales with over 85% market share. Pangolin’s products include Lasershow Designer 2000, Lasershow Converter MAX, CD2000 and ADAT tape products.

What does this mean to existing LAStudio clients?

LAStudio clients will effectively become Pangolin clients and will benefit from the huge pool of knowledge and experience of the Pangolin User Group. LAStudio clients will also benefit from the commitment, expertise and quality that Pangolin has been known for since 1986.

What does this mean to existing LAStudio dealers?

Most LAStudio dealers will remain as LAStudio dealers, although the dealer pricing may be adjusted to be more commensurate with Pangolin’s typical dealer discount. LAStudio software will be purchased directly from Pangolin. Since this purchase is made from a USA-based company, in general, the purchase process will go much more smoothly.

How will the development of LD2000 and LAStudio software progress?

Software development will progress on both LD2000 and LAStudio software packages, and improvements will also be made to the TraceIT bitmap tracer.

What about RIYA hardware?

Pangolin has not concluded a similar deal with RIYA at this time. As a result, future sales of LAStudio software will only be made with Pangolin QM2000 hardware, or to existing users of Pangolin LD2000 who already have QM2000 hardware.