Prosoft acquires myStock, developing 'Stox'

Prosoft Engineering and Bare Reef today announced that Prosoft has acquired myStock for an undisclosed sum, and said the purchase will aid Prosoft in its development of a stock portfolio monitoring application for Mac users. The new software, titled Stox, is slated for release under the new JoeSoft brand later this month. Under the new agreement, Prosoft will take on all future development and support for the product line and Stox will supersede all current and prior versions of myStock. The company also promises all current users of myStock "aggressive" upgrade pricing direct from JoeSoft's website.

"This is an exciting development for anyone who has an interest in the stock market," said Greg Brewer, CEO of Prosoft. "As our companies continue to collaborate, we are confident that all users will be getting more of what they really love about myStock. We are developing a product that has something for everyone, from the novice user to the seasoned investor."

Greg Hoover, president of Bare Reef added that "The success of myStock was a result of collaboration with a great community of users. Stox is an exciting product with a multitude of new features and improvements that target the needs of this growing community."