Polaris Library Systems

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Polaris Library Systems Launches the Polaris Developer Network (October 18, 2011)

Coquitlam Public Library Selects Polaris (October 14, 2011)

Polaris Library Systems Announces Strong Third Quarter (October 6, 2011)

Polaris Library Systems Welcomes New Vice President of Product Management (September 19, 2011)

Polaris Library Systems Welcomes New Vice President of Sales and Marketing (August 31, 2011)

Polaris Library Systems Announces Strong Start to 2011 (July 27, 2011)

Polaris Library Systems to Debut New PAC Interface at ALA Annual (June 22, 2011)

Bergen County Cooperative Library System in New Jersey Selects the Polaris ILS (February 8, 2011)

Polaris Library Systems to Debut Community-Focused Tools at ALA Midwinter (January 6, 2011)

Darien Library is Live on the Polaris ILS (December 20, 2010)

Harford County Public Library in Maryland Selects the Polaris ILS (December 16, 2010)

Polaris Library Systems Announces New Appointments (November 30, 2010)

Sno-Isle Libraries Selects the Polaris ILS (November 4, 2010)

Chattahoochee Valley Libraries in Georgia Selects the Polaris ILS (October 14, 2010)

Syracuse iSchool and Polaris Library Systems announce collaboration to develop new technologies and services (October 7, 2010)

Yuba Community College District in California Selects the Polaris ILS (September 23, 2010)

Yellowhead Regional Library Leverages Polaris API to Create iPad Application (August 17, 2010)

Denver Public Library Selects the Polaris ILS (July 20, 2010)

Polaris Library Systems Announces Auto-Suggest Functionality (July 14, 2010)

Polaris Library Systems Announces Board Appointment (May 11, 2010)

Newmarket Public Library Selects Polaris ILS (March 24, 2010)

Polaris Library Systems Announces Employee Ownership Agreement (January 15, 2010)

Polaris Library Systems to Debut Mobile PAC at ALA Midwinter Conference (January 14, 2010)

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For Immediate Release

Contact:
Kathryn Spier-Miller
Director of Marketing
Polaris Library Systems
315-634-4547
Kathryn.Miller@polarislibrary.com

Polaris Library Systems Announces Employee Ownership Agreement

Polaris Senior Leadership Team Key Stakeholders

Syracuse, NY, January 15, 2010 - Polaris Library Systems, a leading provider of library automation technology, announced today an agreement that transitions the company to employee ownership. The agreement was made with Croydon Company, the privately held investment firm that has owned Polaris from its inception in 1974.

"Under the steady direction of Bill Schickling and the management team, Polaris Library Systems has grown to become the highest ranking ILS vendor with respect to overall customer satisfaction and the leading ILS choice for mid-size to large public libraries," said Croydon Principal Martin Blackman. "By transitioning the company to this existing team, we are confident that Polaris will continue to thrive and grow with the same level of dedication, integrity, and caring for its customers and for the industry."

Under the terms of the agreement, the Polaris senior leadership team stays at the helm as key stakeholders. The company will remain focused on the development and support of the Polaris ILS and on complementary ILS products and services.

In addition to the current leadership, Polaris also welcomes a new member to the management team, Jim Carrick. Prior to joining Polaris, Carrick owned Strategic Computer Solutions (SCS), a reseller of IBM hardware and software. Jim joins the company as a senior business advisor.

"We are thrilled to announce that Polaris is transitioning to employee ownership," said President & CEO Bill Schickling. "To our customers, our partners, and our employees, this announcement essentially means a continuation of business as usual. However, now the leadership and owners are one and the same. Polaris remains, and will continue to remain, committed to providing the best possible service and solutions to help our customers better serve their communities."

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About Polaris Library Systems

For thirty years, Polaris Library Systems has served libraries with time-saving technology, from its first circulation system in the mid-1970s through its third-generation Polaris Integrated Library System (ILS). In addition to its library automation systems, Polaris Library Systems offers work-flow analysis, database enhancement, wireless access, and network services to libraries. For more information about Polaris Library Systems, visit www.polarislibrary.com.