Burst.com Changes Name to Democrasoft, Inc.By Democrasoft Inc., PRNE
Sunday, April 25, 2010
NEW TICKER SYMBOL: 'DEMO'
SANTA ROSA, California, April 26, 2010 - Burst.com today announced that it has changed its corporate name to
Democrasoft, Inc. and that, effective with the commencement of trading on
April 27, 2010, its stock will trade on the NASDAQ bulletin board under the
The name change is part of a strategic redirection of the 20-year-old
public company which previously created software and a portfolio of
intellectual property facilitating multi-media transmission over the
electronic networks. For the past year, the company has been creating and
testing Collaborize(TM), an easy-to-start, easy-to-use communications and
decision-making tool for groups and organizations of all sizes. Users don't
need any special software or hardware and can be up and running in under five
Collaborize is a web-based online service designed to help organizations
engage both internal teams and external audiences of both for-profit and
non-profit organizations, addressing issues both large and small, while
driving toward actual implementation of collective solutions. It is the first
in an anticipated suite of products aimed at enhancing online communication
among members of physical and online communities, with particular emphasis on
effectively reaching and implementing group decisions.
"Our new name, Democrasoft, marries the concepts of democracy and
software, which is what our new products are all about," said Richard Lang,
the company's co-founder, Chairman and CEO. "The challenges our world, our
country, our states, our cities and our organizations are all facing have
never been bigger-Our Collaborize service turns the kind of interaction that
one has on the social web from pure leisure into something that has a
direction and an objective. It represents social networking with purpose."
"While we know that large corporations are increasingly aware of the need
to facilitate communications both within internal groups and with their
customers, and we have been gratified by early adoption of Collaborize for
those applications, we are particularly pleased to also be able to offer this
tool to groups of all sizes, including non-profits, at very affordable
prices," Lang added.
Democrasoft, Inc. (OTC Bulletin Board: DEMO) is a 20-year-old public
company with a history of pioneering technology. As the flagship product of
the company's reincarnation, Collaborize(TM) (www.wecollaborize.com/ )
is an online tool for organizing groups with a common purpose into
decision-making communities. It is designed to empower groups of all sizes -
businesses, non-profits, associations, governments, their members and
citizens to resolve real problems and drive toward actual implementation of
collective solutions. Headquartered in Santa Rosa, CA, under its previous
moniker, Burst, Democrasoft pioneered in the field of Internet media delivery
technology. Collaborize represents a new direction for the company to one
dedicated to facilitating a vision of online social networking with purpose.
For more information, visit www.democrasoft.com.
FOR FURTHER INFORMATION, CONTACT: Mark Kithcart +1-888-993-8683 x 706 Francine Hardaway +1-602-910-5622
Mark Kithcart, 1-888-993-8683 x 706, or Francine Hardaway, +1-602-910-5622, both for Democrasoft, Inc.
Tags: April 26, california, Democrasoft Inc., Santa Rosa, Western Europe