InfoTech USA Announces Partnership with SLPowers in Managed Services; Partnership Leverages Growing Industry Trend towards Mana
July 27 2006 - 8:00AM
Business Wire
InfoTech USA, Inc. (OTC BB: IFTH), a majority-owned subsidiary of
Applied Digital (NASDAQ: ADSX), announced today that it has entered
into a partnership with West Palm Beach, FL-based SLPowers to
deliver managed services solutions to its core market area in
Northern New Jersey and Metropolitan New York City and beyond.
Pursuant to the agreement, InfoTech will be able to resell SL
Powers's Guaranteed Networks(R) solution, a customizable suite of
integrated services designed to support and maintain a company's
computer network systems for a set monthly fee. Commenting on the
partnership, InfoTech President and CEO Jay McKeage noted, "The
partnership with SLPowers is a key element of the restructuring
program we are implementing at InfoTech. By entering the dynamic
and complex Managed Services field with an experienced partner like
SLPowers, we are moving ahead with our plan to increase
higher-margin, recurring service revenues, while maintaining our
base business of product sales. Following our recent workforce
reduction, we are now making the necessary changes to our business
model to move InfoTech towards growth and profitability, and
towards an enhanced ability to differentiate ourselves
competitively in this rapidly-changing technology environment."
SLPowers President Rory Sanchez added, "We are very excited about
the partnership with InfoTech, and the opportunity to extend the
market reach of Guaranteed Networks to their core market area and
nationwide. By leveraging the strengths of both companies in what
has become a complicated industry, we expect this to be a mutually
beneficial expansion strategy that will allow us to quickly deliver
our solution and gain market share in new geographies." About
SLPowers Based in West Palm Beach, FL, SLPowers is one of South
Florida's largest computer and network management companies,
serving the region for over 18 years. Since day one, SLPowers's
goal has been to relieve businesses of the headaches associated
with managing technology. As a pioneer in the field of Managed
Services, SLPowers created Guaranteed Networks(R) (GN), a
comprehensive service agreement product that has gained national
recognition. GN agreements cover virtually all device connectivity,
desktop support, and ISP troubleshooting issues. At SLPowers,
technical support isn't just about responding to emergencies.
Guaranteed Networks(R) plans are designed to optimize networks and
prevent problems before they occur. Please visit www.slpowers.com
for more information. About InfoTech USA InfoTech USA, Inc., a
majority-owned subsidiary of Applied Digital, is a 20 year-old
provider of information technology solutions, including consulting,
networking, procurement, deployment, integration, migration and
security services and solutions. The company also provides on-going
system and network maintenance services. For more information,
please visit www.InfoTechUSA.com. About Applied Digital - "The
Power of Identification Technology" Applied Digital develops
innovative identification and security products for consumer,
commercial, and government sectors worldwide. The Company's unique
and often proprietary products provide identification and security
systems for people, animals, the food supply, government/military
arena, and commercial assets. Included in this diversified product
line are RFID applications, end-to-end food safety systems,
GPS/Satellite communications, and telecomm and security
infrastructure, positioning Applied Digital as the leader in
identification and security technology. Applied Digital is also the
owner of a majority position in Digital Angel Corporation (AMEX:
DOC). Statements about the Company's future expectations, including
future revenues and earnings, and all other statements in this
press release other than historical facts are "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934, and as
that term is defined in the Private Securities Litigation Reform
Act of 1995. Such forward-looking statements involve risks and
uncertainties and are subject to change at any time, and the
Company's actual results could differ materially from expected
results. The Company undertakes no obligation to update
forward-looking statements to reflect subsequently occurring events
or circumstances.
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