ADVANCED INSTITUTIONAL &lt;AIMS> CUTS WORKFORCE

  Advanced Institutional Management
  Software Inc said it has cut its workforce to 53 from 74 and
  closed its Atlanta office to cut expenses and improve
  profitability.
      The company said it is also in the process of reducing its
  office space in four of its six offices nationwide.
      Advanced also said it has named executive vice president
  Steven B. Sheppard chief operating officer.
      The company said president and chief executive officer
  Morris Moliver had been chief operating officer as well.
  

