For companies that want a hands-on approach to projecting repurchase obligations, we offer Telescope, our state-of-the-art ESOP software.

What are the main features of Telescope?

• Allows you to do repurchase obligation projections on your own, so you can update your projections as often as you like and project as many scenarios as you need
• Developed specifically for projecting ESOP repurchase obligations, with comprehensive modeling capabilities
• Easy to use

What kind of support and training are provided?

• Telescope comes with a comprehensive Users' Guide and Help file
• Unlimited technical support is available, by telephone and email
• Live online "webinar" training sessions are held throughout the year
• 2010 Telescope Training Webinar Schedule
• All Telescope users are invited to our Annual Users' Group Meeting, which is a one-half day meeting focused on issues related to repurchase obligation forecasting and planning
• We offer a variety of customized training and support options to help you do your first study and learn to use the software:
• Getting Started Package
• Telescope Group Training Class
• Customized On-Site Telescope Training
• Enhanced Telescope Technical Support

How often is Telescope updated?

• Telescope is continuously updated and improved 
• Historically, new versions have been released approximately every three years since Telescope was first released in 1997 
  • We plan to continue to add new features and capabilities as needed to meet the planning needs of ESOP companies
  • We fix "bugs" as quickly as possible
• SEE WHAT'S NEW IN TELESCOPE 4

What does the software license cost?

• License and annual maintenance fees
  • The license fee is $6,000 for the single-user version
  • The annual maintenance fee is $1,200 (beginning in the second year)
  • The license fee for the network version is $6,500, with an additional license fee and annual maintenance fee of $300 per user
• What you get for the annual maintenance fee:
  • All upgrades and new releases
  • Unlimited technical support
  • Online "webinar" training sessions
  • Complimentary registration at annual Telescope Users' Group for licensed users
  • Access to special Telescope Users' Area on our website

What are the system requirements?

Users' Computers:

RAM: 512 MB
DISK SPACE: 100MB minimum
OPERATING SYSTEM: Windows 2000 SP2 and up

Server Computer:

MEMORY: 64 MB minimum, 128 MB recommended
HARD DRIVE: 40 megabytes free disk space minimum
OPERATING SYSTEM: Windows® 95/98/2000/XP, or Windows NT® 4.0 or higher; Windows 2000/XP or NT 4 or higher is recommended

Note that Telescope may not be compatible with ALL network systems, including but not limited to Mac/Unix/Linux systems, Citrix server, and terminal servers.

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