VLTS FRBR service?

This blurb is from the latest Library Technology Update email, presented without URLs.

2009-03-11. VTLS Announces FRBR Software as a Service, Available Now for All Libraries with any OPAC, [VTLS, Inc.] VTLS announced an industry first: FRBR Software as a Service. Now, all libraries can present FRBR-enhanced records to their end users without having to FRBRize their entire database, while keeping and using their current ILS.

Anyone have more info on what this is exactly?

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