Juma Technology and Nectar Services Announce Sale of IT Consulting Business to Carousel Industries
March 28 2011 - 8:42AM
Marketwired
Juma Technology Corp. (OTCBB: JUMT) and its wholly-owned subsidiary
Nectar Services Corp., a software firm specializing in managed
services for the voice and data networks, today announced they have
completed the sale of their IT consulting business to Carousel
Industries, a leader in data networking and unified communications
headquartered in Exeter, Rhode Island.
"This acquisition helps Carousel accelerate the expansion of
their managed services offering, broadening out their skill set by
adding a talented team of individuals who are experts in
IP-converged communications," said Anthony Servidio, Chairman and
CEO of Juma. "We've been enjoying working with Carousel's team to
ensure a smooth transition for the loyal and valued customers
Juma's team has cultivated since 2002. The Juma team has been
smoothly folded into the Carousel organization -- this is a
wonderful outcome for everyone concerned."
"With the acquisition of Juma's managed services business,
Carousel Industries significantly increases its footprint to serve
customers in the northeastern United States while augmenting its
engineering staff with additional talent," said Jeff Gardner, CEO
of Carousel Industries. "This acquisition not only expands our
geographic reach, particularly in the Northeast including the large
New York City metro area, but also increases the strength of our
engineering team."
Juma Technology will continue to serve as the holding company of
Nectar Services, and will reinvest the proceeds of the sale of the
managed services business into the Nectar real time IP
communications events management platform.
"We are extremely proud to have recently signed and announced
licensing and marketing agreements with a number of new channel
partners including the Aura Alliance," Mr.Servidio continued. "With
the sales of our own managed services business to Carousel, we are
extremely well positioned to expand our sales, marketing and
development efforts in support of all our channel partners. As
businesses continue to seek out greater productivity tools and
increased cost savings, Nectar's powerful monitoring and management
platform drives significant advantages to our partners and their
clients."
About Nectar Services Corp. (www.nectarcorp.com)
Nectar Services Corp. is an IP communications software firm
specializing in managed services for voice and data networks.
Nectar, a wholly-owned subsidiary of Juma Technology Corp. (OTCBB:
JUMT), maintains a suite of service platforms: the Converged
Management Platform (CMP) and Enterprise Session Management (ESM).
The Nectar offerings preserve investments in existing
telecommunications systems while transitioning to IP, and provide
advanced monitoring and management for complex networks. These
innovative solutions deliver significant cost savings, inherent
business continuity, intelligent call routing and the
centralization of both applications and management. Follow us on
Twitter: www.twitter.com/nectarcorp.
About Carousel
Carousel Industries designs, delivers and supports technology
solutions that become the foundation of our clients' businesses.
This includes unified communications, virtualization, Voice over IP
(VoIP), video conferencing and collaboration and data
infrastructure solutions. Since Carousel was founded in 1992 we've
grown an average of 30% - 50% per year with estimated 2010 revenues
of over $200 million. Today we have over 5,000 customers, including
35 of the Fortune 100. Carousel has been recognized by both VAR and
CRN Magazines as one of the top technology integrators in the US
and we've been listed in the Inc. 500 five times.
Carousel is headquartered in Exeter, RI with over 850 employees
working from offices in 23 locations across the US, including over
250 service technicians deployed across the country. For more
information visit www.carouselindustries.com.
Media Inquiries: Nectar Services Corp. Represented by Artin Arts
Cynthia Artin 845-304-3790 Email Contact Carousel Industries Kelly
Harman Vice President, Marketing 862-210-3075 ph Email Contact
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