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| TMS, Inc., doing business as TMSSequoia, licenses computer software
products and provides services to enable businesses to use document
imaging to solve critical business problems. TMSSequoia sells software
development toolkits and applications and receives license fees and/or
royalties from the sales of these component products. Software development
toolkits include the core "building block" technologies
necessary for a customer to develop new software applications or enhance
existing applications. In particular, the Company's toolkits provide
fundamental technologies necessary for creating document imaging and forms
processing applications. Programming knowledge is required to implement
the functionality in the Company's software toolkits. During fiscal 2000,
the Company created a new operating segment to develop technologies that
will improve the overall process of scoring large-scale assessment tests
for grades Kindergarten through 12 in the education marketplace. |
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