Parchment Merges Docufide With Avow Systems to Create Largest Electronic Transcript Network Linking Schools and Universities

Combined platforms enable high schools and colleges to efficiently and securely exchange e-Transcripts with any other institution

SCOTTSDALE, Ariz. (Oct. 3, 2012) – Parchment Inc. today announces the acquisition of Avow Systems, Inc., merging two of the leading electronic transcript (e-Transcript) platforms – Docufide® serving 30 percent of U.S. secondary schools and Avow Systems serving nearly 100 top postsecondary institutions, including Stanford University, the Pennsylvania State University and the University of Colorado systems. On a combined basis, Parchment is the largest focused e-Transcript...

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