Anexinet and Virtus Partners Merge as Single Technology Provider

Anexinet Corporation (http://www.anexinet.com), a premier Systems Integration firm, and Virtus Partners LLC (http://www.virtuspartners.com), a leading infrastructure firm specializing in data center management and optimization, merged their businesses to deliver more expansive and stronger technology offerings for enterprise, mid-market, and government customers in the Mid-Atlantic region.

Together, the new company's expertise in infrastructure and security, application development, business intelligence and enterprise management, combined with well-established hardware and software vendor partnerships create a truly differentiated, single source for leading-edge information technology solutions.

Diego Calderin, currently CEO of Anexinet, will continue as President. John Connolly, currently CEO of Virtus Partners, will become CEO. Ken Foreman, currently the Chief Operating Officer and Chief Financial Officer of Virtus Partners will retain these same duties with the combined company. John Parker will continue as Chief Technology Officer.

"I am extremely excited with the opportunity to merge two first class businesses with complimentary offerings, common cultures, a history of collaboration and similar growth objectives," said Connolly.

"Both businesses continue to experience rapid growth and boast a diverse base of mid-market and enterprise clients," said Calderin. "This merger will expand the depth of expertise and quality of resources that can be applied to client engagements and better enable our service offerings to stay at the forefront of evolving technology and ever-changing client needs."

Added Foreman, "From an operational perspective, this merger will increase economies of scale for internal operations and enable the combined company to offer greater career opportunities for our existing staff. Additionally, our ability to add to and retain our existing base of highly skilled people becomes much easier. We are now a $50 million organization on track to grow to over $100 million and better positioned to compete with all regional and national providers."

The combined company will benefit from a highly experienced management team with extensive industry knowledge in IT solutions strategy, development and delivery, and a combined workforce of approximately 175 colleagues--with regional offices throughout the Delaware Valley, metropolitan New York City and Washington, D.C.

Together, Anexinet and Virtus will provide significant benefits to its customers, including:

- Infrastructure Optimization: expertise in data center management, virtualization and server consolidation including assessments, impact reporting and migrations.

- Award-Winning Solutions: Enterprise Portals, Business Intelligence (BI), Service-Oriented Architecture (SOA) and Business Process Management (BPM).

- Program Management Office (PMO): a proven project methodology for all aspects of solutions planning and delivery. This approach keeps client solutions on track and budget, aligned with client objectives.

- Anexinet Near-Site Development Centers: a unique component of the delivery model to enable project teams to design, develop and test solutions within minutes of a client's location, without disrupting a client's current systems and organization.

- Project-Based Training: tailored training designed for both technical staff and end user communities tightly aligned with project deliverables and implementation schedules. Certified curriculum from leading software vendors is customized to client objectives.

About Anexinet

Anexinet, an award-winning solutions integrator, applies leading-edge technology to complex business challenges, leading to simplified business processes, stronger IT organizations and competitive advantages. Anexinet offers application development, integration, business intelligence, technology infrastructure, and enterprise program management (EPM) services to mid-size and Fortune 1000 companies and government agencies. Anexinet's experienced consultants ensure the success of clients' solutions through the company's Program Management Office (PMO) and a pragmatic approach that combines industry best practices experience with the company's innovative S.A.F.E-T2 software delivery model. Anexinet Near-Site Development Centers enable project teams to design, develop and test client solutions within minutes of a client's location. Headquartered in Philadelphia, Anexinet has regional offices throughout the Delaware Valley and metropolitan New York City and Washington, D.C. areas. For more information, visit http://www.anexinet.com.

About Virtus Partners

Virtus Partners is a leading infrastructure technology firm specializing in data center management and optimization. Virtus Partners provides technology products, solutions and methods to discover, diagnose, design, and deploy IT infrastructures that meet business requirements in a flexible, cost effective manner. Headquartered in East Norriton, PA. For more information, visit http://www.virtuspartners.com.

Anexinet and Virtus Partners Merge as Single Technology Provider

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Anexinet and Virtus Partners Merge as Single Technology Provider

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