Attached files
file | filename |
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8-K - EMTEC INC/NJ | v187965_8k.htm |
Exhibit
99.1
Media
Contacts:
Emtec,
Inc.
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Welz
& Weisel Communications
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David
Singer
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Nicole
Nolte
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Vice
President, Marketing
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PR
Contact
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P:
973-232-7880
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P:
703-218-3555
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davidsinger@emtecinc.com
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nicole@w2comm.com
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Emtec
Enriches Services
Portfolio with
Acquisition of Secure Data
Incorporated
Acquisition
Expands Footprint of Federal and Commercial Clients
Marlton, NJ – June 9, 2010
- Emtec,
Inc. (OTCBB: ETEC), a niche systems integrator, announced that it has acquired
through its subsidiary, Emtec Federal, Inc., all of the outstanding stock of
Secure Data, Inc. (SDI). The company is a veteran-owned, application services
consulting firm specializing in developing financial and custom web business
applications. SDI’s focus has been on agencies within the federal government,
primarily the Department of Defense (DoD) and select commercial
clients.
This is
the second application development acquisition made by Emtec this year. SDI adds
critical project-based application development capabilities for Emtec in the
U.S. and will be a cornerstone of its application services practice in North
America. In addition, the acquisition enhances Emtec’s presence in the
Mid-West. Headquartered in O’Fallon, Illinois, a suburb of St. Louis,
Missouri, SDI is a strategic regional complement to Emtec’s current office in
the Chicago suburb of Naperville, Illinois and will increase the company’s
ability to offer its full portfolio of services in the region.
Ray
Kelly, SDI CEO, will assume the position of Client Executive Director within
Emtec Federal, reporting directly to Brian Mandel, Executive Vice President,
Public Sector. “We are pleased to join Emtec, said
Kelly. “We believe their vision, scale, and portfolio will help us
expand our relationships with our own clients and add a new set of offerings for
all of Emtec’s clients. We have been impressed with the speed and
professionalism with which they worked to pull our teams together.”
“The
strategic acquisition of SDI continues us on our path of becoming a niche
world-class systems integrator,” said Dinesh Desai, Emtec Chairman, CEO, and
President. “In addition to acquiring these new service capabilities we are
adding a highly talented team of IT professionals, many with advanced degrees
and federal government security clearances.”
SDI’s
development process consists of a set of strict standards to ensure that the
final product is sound and provides the solution for which it was built. These
standards allow the company to offer a variety of software development and
enterprise solutions to its clients including:
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Custom
application development
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Business
process redesign
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Network
management
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Security
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Workplace
messaging and collaboration
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“SDI is
an extraordinary firm with exceptional individuals providing professional
services to the DoD community”, said Brian Mandel. “Adding this to
our DoD and, indeed, our entire Federal portfolio is significant and will
accelerate our growth in this strategic area.”
Emtec, Inc.
Emtec, Inc. established in 1964, is a
niche systems integrator providing IT services
and products to the federal, state, local, education and commercial markets.
Emtec helps clients identify and prioritize areas for improvement and then
implement process, technology and business application improvements that reduce
cost, improve service and align the delivery of IT with the needs of their
organization. Emtec’s market leading value based management methods, coupled
with best-in-class IT technology, consulting and development services, allow us
to address a wide range of specific client needs, as well as support broader IT
transformation initiatives. Emtec's service capabilities span the
USA, Canada and countries
around the globe. For more information visit: www.emtecinc.com.
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