Oyster Software, Inc. 

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History of Oyster Software, Inc.

Oyster Software, Inc. is headquartered in Northern California, near University of Berkeley, California.  The company was formed in February of 1996. The company was started by the engineering team that originally developed the FormsProtm product at Teknekron Customer Information Solutions (TCIS).  Oyster Software, Inc. was incorporated in May 1996.  The company is privately held at this time.

The Founder and CEO is Barry Bhangoo.  Barry has a Masters Degree in Computer Science from the New Jersey Institute of Technology. Barry has been working in the software industry since 1986.  He was Vice President of Engineering at Teknekron Customer Information Solutions, and the prime architect of the FormsProtm product.  Between 1990 and 1993 he was a manager at Teknekron Communication Systems Inc. and participated at its successful IPO in 1992.

Oyster Software is located in the downtown business area of Berkeley, only blocks from San Francisco Bay and the University of California at Berkeley. All customer phone support is also coordinated from the Berkeley location.

While Oyster software is a relatively young company, it has had significant customer installation success since its formation in early 1996.  The size of its customer contracts, attests to the company’s ability to successfully manage large systems development and installations.  Furthermore, Oyster’s negotiated contract agreements with its multi-billion dollar corporate client’s which attest to the financial stability and technical ability of this up-and-coming company in the software development and services industry.

Fingerhut Companies recognized the FormsProtm competitive advantage early on and signed a multi-million dollar contract with Oyster Software shortly after the company’s formation in 1996 to replace their existing Forms Processing made by Scan Optics with FormsProtm.  The contract runs in multiple phases, with many stages of system development and technology upgrades. Phase 1 was successfully completed in May of 1997. Phases 2 and 3 were completed during 1998, and have thus far exceeded all customer expectations in performance. At the Fingerhut location FormsProtm is recognizing over 600 different types of order and customer forms and processing over 150,00 documents per day at peak periods. Fingerhut continues to expand the use of their system and add new modules to it.

In 1998 Oyster signed a large software development contract with a services and software vendor. This customer selected Oyster over several other vendors due to Oyster’s capability to build systems for large volumes, involving millions of transactions per day. This is a multiple phase contract. The second release of the software and installation was completed for this customer in late 2000 and has exceeded all expectations.

Oyster Software specializes in multi-platform development including UNIX and Microsoft Windows. Oyster has built several custom, large scale networked systems for business solutions in use by hundreds of users world-wide.

Copyright ©2008 Oyster Software, Inc.