Friday, December 22, 2006

Best Wishes for the Holidays

By Larry Laux
President and Founder


Just a very brief note to thank all of you for your readership of the blog, and to share Best Wishes for God’s Blessings to you and your family during the Holiday Season, from all of us at Metrix.

We hope you give, and get, plenty of hugs not only to celebrate the season but to make up for some of the ones you missed during the year, while you were working so hard.

All the Best,

Larry Laux and
Everyone at Metrix LLC

Monday, December 04, 2006

Management Team Buys Metrix

By Larry Laux
President and Founder


My partners Tom DeVroy (VP Sales), Pat Liegel (CFO) and I have completed a friendly Management Buy-Out of Metrix, Inc.

We formed a new Limited Liability Company (LLC) here in Wisconsin and used it to acquire most of the assets and liabilities of Metrix, Inc. including the software rights, support contracts, websites and the name itself.

So as of the end of October, we are the owners and management team of Metrix LLC.

As you might expect, that activity has taken a good bit of time and effort to complete. It is the main reason why I have been delinquent in making a new blog entry.

For current and potential clients, this is something of a non-event. All of the people from Inc. have been offered and accepted employment with Metrix LLC, doing the same jobs as before. All of the telephone numbers, addresses and contacts remain the same.

This management buyout is only the beginning of an exciting time for Metrix, our clients, employees and partners. For example, we will be updating our website and brand by the end of the year and making other significant announcements in the weeks and months ahead. It’s all part of the new Metrix and the advances we are making in products, personnel and services.

So why did we do it?

The simple answer is the most accurate – we see a very strong, positive future for Metrix, and we felt that it could be best achieved with a simpler ownership structure.

That we would invest our own money into Metrix makes a very strong statement to our confidence in and commitment to this marketplace.

Leave your comments here, or e-mail us at llaux@metrix.com or tdevroy@metrix.com or pliegel@metrix.com.

Thanks for having confidence in us. Stay tuned.