CONTACT: GARY GALLUZZO
100 Old Public Library
Iowa City IA 52242
(319) 384-0009; fax (319) 384-0024
UI's Oakdale Research Park acquires new tenant
CORALVILLE, Iowa -- Another tenant, a software development group, is
coming to the University of Iowa's Oakdale Research Park.
The Iowa System for Institutional Advancement, Inc. announced today
(Monday, Aug. 3) that it has leased 5,400 square feet of space from Myriad
Developers, L.C. in the Myriad Technology Plaza at 2658 Crosspark Road.
The Iowa System will occupy half of a new office building in the privately
owned "planned unit development."
Tim R. Kuhns, The Iowa System president and chief executive officer,
said several factors led him to contact the Oakdale Research Park staff
in late February.
"First of all, we wanted to remain in the Iowa City/Coralville
area and preserve our close ties to the university, so the UI Oakdale Research
Park was a logical choice. It was also very important that the Myriad
Technology Plaza already had the space we required for expansion, and our
staff really liked the 'research park' setting close to technology companies,"
He said the Oakdale location in the Highway 965 corridor is another
advantage, since The Iowa System recruits employees from both Iowa City/Coralville
and Cedar Rapids/Marion.
Kuhns said that The Iowa System will move to Oakdale this fall.
The Iowa System is a wholly owned affiliate of the University of Iowa
Foundation. Chartered as a not-for-profit corporation in 1989, it is a
leading developer of comprehensive software for fund-raising organizations
nationwide. The Iowa System's product, ASCEND, combines biographical and
financial systems into a single relational database tool.
Now located at 320 S. Linn Street in Iowa City, The Iowa System has
about 20 employees.
Pat Murphy, Myriad Developers manager, said he is actively working in
cooperation with the Park staff to identify corporate tenants for the remaining
available space and future expansion of the Myriad complex.
"We're quite pleased to have The Iowa System choose the Myriad
Technology Plaza. The group is a good fit with our excellent present tenants,"
W. Bruce Wheaton, director of the UI Oakdale Research Park, said the
addition of The Iowa System is in keeping with the Park's mission, which
is to encourage interaction between business and the University of Iowa.
| Tim R. Kuhns, President & CEO
The Iowa System for
319-339-5400, ext. 336
| Pat Murphy, Manager|
Myriad Developers, L.C./CIDCO
319-366-8011, ext. 336
| W. Bruce Wheaton, Director
UI Oakdale Research Park