STAFFORD, Texas, March 3, 2004 (PRIMEZONE) -- Systems Evolution, Inc., (OTCBB:SEVI), an information technology services company, announced today that it has acquired AXP Technologies, Inc., a Houston based computer and network support company.
This acquisition accelerates Systems Evolution's move into network security and computer support services for small to mid-size businesses (SMBs). The SMB Solutions Practice will be led by AXP Technologies founders, Willie A. Jackson and Ryan L. Sumstad as Director and Managing Consultant, respectively. AXP Technolgies designed and implemented computer systems and network security throughout organizations, maintaining and supporting them at a fraction of the traditional costs.
Mr. Jackson has spent the past two decades in leadership roles delivering business development, application programming and network IT solutions to mid-to-large corporations. According to Mr. Jackson, "Joining Systems Evolution strengthens our technical, intellectual and financial capital. Systems Evolution's position as an outstanding IT outsourcing company and leader in the delivery of emerging technology-based business solutions excites the AXP team and will be a benefit to our clients."
Mr. Sumstad, a Senior Network Architect in Messaging and Collaboration, Security, and Wireless/Remote Information Systems, has spent the last eight years successfully planning and providing innovative business technology solutions, expert project management, and superior customer service to network support customers large and small. In his opinion, "Being acquired provides the ideal opportunity for AXP to better introduce our 'assess, design, and optimize' support strategy to the SMB marketplace and allows our network consulting team to focus on delivering exceptional customer service and network support."
According to Systems Evolution, CEO, Robert C. Rhodes II, "The addition of AXP cements our commitment to delivering world class network security and computer support to SMB clients. Using their unique methodology, AXP assesses network security and support vulnerabilities, and assigns a score to weigh the assessed 'criticality' of a particular network service, resource, device, or process. This acquisition provides our mid-market and small business clients with a uniformed approach to viewing business systems' vulnerabilities and strengths and allows us to prescribe the appropriate support solution or mitigation measures."
About Systems Evolution, Inc.
Systems Evolution, Inc., (OTCBB: SEVI), www.systemsevolution.com, founded in 1993, is an information technology services company focused on delivering outstanding value in the IT outsourcing and consultancy industry. The Company has been successful over the last decade adapting and implementing new technologies as they emerge, with a commitment to long-term customer and partner relationships. SEI focuses on providing value to its clients by helping them maintain, integrate, and extend their legacy systems, and plan for the future with strategic application development.
Safe Harbor Statement
The statements in this release relating to future product availability and positive direction are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Some or all of the aspects anticipated by these forward-looking statements may not, in fact, occur. Factors that could cause or contribute to such differences include, but are not limited to, contractual difficulties, the future market price of SEVI common stock and the Company's ability to obtain necessary future financing.