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2010 Press Releases

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12/30/10Avatech Solutions Announces Name and Stock Ticker Symbol Change
Change Effective Immediately Resulting from Merger with Rand Worldwide FRAMINGHAM, Mass., Dec 30, 2010 (BUSINESS WIRE) -- Avatech Solutions, Inc. (OTCBB: RWWI), a global leader in providing technology solutions to organizations with engineering design and information technology requirements, announced the change of its official stock ticker symbol from AVSO to RWWI. In addition, effective January 1, 2011 the company name will be changed to Rand Worldwide, Inc. These changes are being made in ... 
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11/15/10Avatech Solutions Reports First Quarter Fiscal 2011 Earnings
     Avatech Solutions Reports First Quarter Fiscal 2011 Earnings - - - Avatech and Rand Worldwide Report Combined Earnings for First Time  BALTIMORE, MD - November 15, 2010 - Avatech Solutions, Inc. (OTCBB: AVSO), a Rand Worldwide and a global leader in providing technology solutions to organizations with engineering design and information technology requirements, announced its financial results for the quarter ended  September 30, 2010.  On August 17, 2010, Avatech acquired all the outstanding... 
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11/08/10Avatech Solutions to Report First Quarter 2011 Results on Monday, November 15, 2010
Management will host a conference call at 11:00 am ET   Owings Mills, MD and Framingham, MA - November 8, 2010 - Avatech Solutions, Inc. (OTCBB: AVSO), a Rand Worldwide company that is the leading professional services company for design, engineering, and facilities management technologies, announced it will release its financial results for the three month period ended September 30, 2010, before the market opens on Monday, November 15, 2010. The Company has scheduled a conference call for 11:00... 
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09/28/10Avatech Solutions Reports $1.3 Million in Earnings for Fiscal 2010
Fourth consecutive profitable quarter; $3.0 million of Adjusted EBITDA for fiscal year Maryland, U.S.A., Sep 28, 2010 (Thomson Reuters ONE via COMTEX) -- BALTIMORE - September 28, 2010 - Avatech Solutions, Inc. (OTCBB: AVSO), a Rand Worldwide company and the leading professional services provider of design, engineering, and facilities management technology solutions, announced financial results for its fourth quarter and fiscal year ended June 30, 2010. The Company reported revenues of $31.3... 
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09/20/10Avatech Solutions to Report Annual Fiscal 2010 Results on September 28, 2010
Management will host a conference call at 11:00 am ET   Owings Mills, MD and Framingham, MA - September 20, 2010 -Avatech Solutions, Inc. (OTCBB: AVSO), a Rand Worldwide company that is the leading professional services company for design, engineering, and facilities management technologies, announced it will release its financial results for the three and twelve month periods ended June 30, 2010, before the market opens on Tuesday, September 28, 2010. The Company has scheduled a conference c... 
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08/17/10Rand Worldwide, Inc. and Avatech Solutions, Inc. Merge Business Operations
FRAMINGHAM, Mass. & OWINGS MILLS, Md.--(BUSINESS WIRE)--Rand Worldwide, Inc. (Framingham, MA), a global leader in providing technology solutions to organizations with engineering design and information technology requirements, and Avatech Solutions, Inc. (Owings Mills, MD) (OTCBB:AVSO - News), one of America's leading professional services companies for design and engineering technologies, today announced that the companies have been combined through a reverse merger. The combined company in... 
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05/19/10Avatech Solutions Partners with Building Technologies Division of Siemens Industry, Inc. to Develop BIM Strategy
Top building product manufacturer exploits new marketing tactics to make products more easily available to architects and engineers BALTIMORE, May 19, 2010 (BUSINESS WIRE) --Avatech Solutions, Inc. (OTCBB: AVSO), America's leading professional services company for design and engineering technologies, announces that their professional services group is working with the Building Technologies Division of Siemens Industry, Inc. in designing BIM content and developing a building product model publ... 
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05/17/10Avatech Third Quarter Financials Report Strong Growth in Revenues and Bottom Line
Company Reaps Rewards of Continued Economic Recovery; Adjusted EBITDA - 13.8% of Revenues BALTIMORE, May 17, 2010 (BUSINESS WIRE) --Avatech Solutions, Inc. (OTCBB: AVSO), the nationwide technology experts for design, engineering, and facilities management, announced financial results for its third fiscal quarter and for the nine months ended March 31, 2010. Avatech reported that its total revenues increased 5%, to $8.4 million, when compared to the third quarter of the prior fiscal year--th... 
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05/03/10Avatech Solutions to Report Fiscal 2010 Third Quarter Results on Monday, May 17, 2010
Management will host a conference call at 10:00 am EDT BALTIMORE, May 03, 2010 (BUSINESS WIRE) --Avatech Solutions, Inc. (OTCBB: AVSO), the nationwide technology experts for design, engineering and facilities management, announced it will release its financial results for the three and nine month periods ended March 31, 2010, before the market opens on Monday, May 17, 2010. The Company has scheduled a conference call for 10:00 a.m. Eastern Daylight Time... 
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04/28/10Avatech Solutions Releases Avatech AutoOffset for Civil Engineers and Surveyors
Software Development Team Continues Creating Customer Value through Software Innovation BALTIMORE, Apr 28, 2010 (BUSINESS WIRE) --Avatech Solutions, Inc. (OTCBB:AVSO), America's leading professional services company for design and engineering technologies, announces the retail release of Avatech AutoOffset(TM). Designed to enhance the AutoCAD(R) Civil 3D(R) experience for users worldwide, this software application is the most recent commercially available product developed and distributed b... 
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04/01/10Avatech Solutions Completes Redemption of Preferred Stock
Strengthens Balance Sheet; Increases Cash Flows BALTIMORE, Apr 01, 2010 (BUSINESS WIRE) --Avatech Solutions, Inc. (OTCBB: AVSO), the nationwide technology experts for design, engineering, and facilities management, announced that on March 31, 2010 it completed the redemption of its Series F Convertible Preferred Stock offering ("Series F"). In June 2006, Avatech issued $4 million of the preferred stock as an integral part of the funding of an acquisition. Th... 
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03/31/10Avatech Solutions Comments on Recent SEC 13D Filing
BALTIMORE, Mar 31, 2010 (BUSINESS WIRE) --Avatech Solutions, Inc. (OTCBB: AVSO), the nationwide technology experts for design, engineering and facilities management, is providing information to stockholders about the recent Schedule 13D filing with the Securities and Exchange Commission by a group of individual Avatech Solutions stockholders. On March 5, 2010, a group of Avatech stockholders filed a Schedule 13D with the purpose of disclosing that the g... 
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03/01/10Avatech Solutions Receives New Designation that Recognizes Excellence in Building Product Modeling Services
Strategic BIM Content and Publishing Services Help Manufacturers Win New BusinessBALTIMORE, Mar 01, 2010 (BUSINESS WIRE) -- Avatech Solutions, Inc. (OTCBB:AVSO), America's leading professional services company for design and engineering technologies, announces it has been designated an Autodesk Seek Content Service Provider. This designation recognizes Avatech's leadership role in helping building product manufacturers develop data-rich 3D models of their products for easy download and inclusion... 
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02/16/10Avatech Solutions Reports Strong Second Fiscal Quarter Results
Company Strengthens Balance Sheet; Reports $1,060,000 Adjusted EBITDABALTIMORE, Feb 16, 2010 (BUSINESS WIRE) -- Avatech Solutions, Inc. (OTCBB: AVSO), the nationwide technology experts for design, engineering, and facilities management, announced financial results for its second fiscal quarter and for the six months ended December 31, 2009. "We are very pleased with our strong performance for the quarter, which was the second consecutive quarter of positive net income and a significant improve... 
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02/02/10Avatech Solutions to Report Fiscal 2010 Second Quarter Results on Tuesday, February 16, 2010
Management will host a conference call at 11:00 am ETBALTIMORE, Feb 02, 2010 (BUSINESS WIRE) -- Avatech Solutions, Inc. (OTCBB: AVSO), the nationwide technology experts for design, engineering and facilities management, announced it will release its financial results for the three and six month periods ended December 31, 2009, before the market opens on Tuesday, February 16, 2010. The Company has scheduled a conference call for 11:00 a.m. Eastern Time on t... 
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01/19/10Avatech Solutions Releases Commercial Version of 'Avatech Utilities for Revit'
Years of Development Refine Indispensable ToolsBALTIMORE, Md., Jan 19, 2010 (BUSINESS WIRE) -- Avatech Solutions, Inc. (OTCBB:AVSO), America's leading professional services company for design and engineering technologies today announced that the Autodesk Revit software utilities application suite has now been upgraded and released as a commercial product called Avatech Utilities for Revit. This is the first time that this enhanced application suite has been offered for sale and it will continue ... 
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