Mobile, Ala., Aug. 2, 2007 — STI CEO Rob Fiance today announced the company´s plans to relocate its headquarters to the University of South Alabama, Technology and Research Park in Mobile, Ala. STI, a leading provider of education data management systems, will make the move January 1, 2008, to accommodate the company´s significant expansion.
"After more than 25 years in Mobile, we are excited to have the opportunity to continue to support the local community and the state of Alabama, and to work in partnership with a world-class university such as the University of South Alabama, particularly at a time when both the University and STI are poised for significant growth," said Fiance. "The relocation provides us with the facilities, and the life long learning resources to meet our company goals and reward our hard-working staff. It also provides the opportunity for collaboration between the University and STI on research, professional development, and intellectual property."
"Through the USA Technology and Research Park, we are building partnerships between businesses and our faculty researchers, students and graduates – all working together in a University environment to create, attract and retain high-technology jobs for Mobile and the Gulf Coast," USA President Gordon Moulton said. "STI will be a great partner in this effort."
STI has signed a 10-year lease with the University that includes two additional five-year renewal options. As a new tenant-partner of the University, STI´s offices will occupy 20,000 square feet.
With the relocation, STI will have more spacious facilities and will be able to offer its employees numerous professional development opportunities and benefits. The company´s employees will receive the same benefits that University of South Alabama employees enjoy, including tuition discounts for themselves and their dependents, use of recreation facilities, discounts at University cultural and athletic events, membership at the USA Credit Union, and access to library resources on campus. STI currently employs more than 150 people.
Over the past several years, STI has aggressively grown its education business through company acquisitions and new product development. Recently, STI acquired The Lemberger Company based in Vienna, Mo., and launched a next-generation, web-based student information system, InformationNOW. STI provides the K-12 education industry with a fully integrated suite of education data management systems that allow educators to track and analyze a wide range of data from student information to assessment to financials. More than 6,000 schools nationwide use STI products.
For more information, visit www.sti-k12.com or phone 800-844-0884.
STI is a leading provider of Education Data Management solutions to the K-12 market. STI´s fully integrated suite of products addresses attendance, scheduling, special education, assessment, discipline, grade reporting, professional development, fund accounting, health, and parent/teacher communications. More than 6,000 schools in 28 states use STI solutions. The company was founded in 1982 and is headquartered in Mobile, Ala. For more information, phone 800-844-0884 ext: 1003 or visit www.sti-k12.com.