Friday, June 29, 2007

New Mobius owner issues layoff warning


By ALLAN DRURYTHE JOURNAL NEWS
(Original publication: June 25, 2007)

The Naples, Fla.-based company that bought Rye software maker Mobius Management Group Inc. filed a notice with the state indicating it plans to close the operation and lay off 184 workers.
Allen Systems Group, which bought Mobius for $211 million, filed the notice with the state Department of Labor's Office of Dislocated Workers Program. It said the layoffs would take place by Aug. 14 and listed Aug. 27 as the closing date.

Mitchell Gross and Joseph J. Albracht founded the company in 1981 in order to provide products and services that would help companies manage their records. At the time the sale was announced in April, Mobius said it would continue as a subsidiary of Allen Systems Group.

Reach Allan Drury at adrury@lohud.com or at 914-694-5069.

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