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News Stonebridge Technologies, Inc. And Tactics, Inc. Merge Two Leading IT Solutions Organizations Combine Strengths DALLAS, Texas, September 28, 1999 – Stonebridge Technologies, Inc., a leading regional solutions integrator today announced the completion of its merger with Tactics, Inc., the premier solutions integrator in the Southeast. The blended company will continue operations using a regional business model under the name Stonebridge Technologies: Stonebridge Technologies Southcentral, headquartered in Dallas, and Stonebridge Technologies Southeast, headquartered in Atlanta. Tactics, recognized by Inc. Magazine as one of the fastest growing, privately held companies in the United States, will continue to deliver a wide range of information technology solutions to Fortune 1000 and mid-size companies as Stonebridge Technologies Southeast. "Our merger with Tactics is very exciting and represents a critical milestone in the company's growth," said Jim Sherriff, chief executive officer, Stonebridge Technologies. "The merger significantly increases the breadth and depth of our organization and will enhance the value of the solutions we deliver. The solutions expertise of the integrated company will continue to focus on Data Warehousing, Internet Technologies, Complex Application development and Packaged Applications Deployment." Each company is a recognized market leader in its respective geographic region, has similar corporate cultures, has demonstrated its commitment to excellence and consistently delivers preeminent service experiences to clients. The merger supports the extension of the company's unique business strategy: delivery of 90 percent or more of IT engagements with local consultants. This gives clients significant improvements in productivity, reduces the risk typically associated with implementing complex technology solutions and yields cost-effective results. "The merger between Tactics and Stonebridge Technologies brings together two very like-minded companies with highly complementary business strategies," said Dewey Blaylock, former president and founder of Tactics, now president of Stonebridge Technologies Southeast. "Both companies are well-regarded for their expertise in delivering user-centric business solutions to a stellar client base. The synergies resulting from our combined expertise will facilitate the transformation of our clients' information systems to achieve greater competitiveness needed for the new e-business economy." "The Tactics merger immediately provides regional leadership within the Southeastern United States while expanding the intellectual capital of both companies around our core competencies," said James Ivy, founder of Stonebridge Technologies and president of Stonebridge Technologies South-central. "The company has embarked on an aggressive integration plan and anticipates completion within 90 days." About Stonebridge Stonebridge Technologies, Inc. is a leading provider of e-business solutions, integration and consulting services in the Southeastern and Southcentral United States. Stonebridge delivers 90 percent or more of its engagements using local Stonebridge consultants — a unique strategy giving clients cost-effective solutions that raise productivity and reduce risks associated with e-business transformation and complex technology projects. Stonebridge solutions focus on Extended Enterprise Resource Planning (XERP), Electronic Relationship Management (eRM) and Operations Resource Management (ORM). Areas of technical expertise include: business intelligence, software integration, custom development, business applications, infrastructure development and accompanying IT services. Stonebridge employs more than 400 associates in twelve geographic locations. Stonebridge clients span a variety of industry sectors such as telecom, high technology, financial services, electronics and energy. Clients include many blue chip companies and large organizations such as Blockbuster, Chick-fil-A, eMerge, E*TRADE, Home Shopping Network, MCI Telecommunications, Texas Instruments, Williams Companies, GTE, Golfsmith, Northern Telecom and The Weather Channel. For more information on Stonebridge Technologies, visit us online at www.sbti.com About Tactics Tactics, Inc. is a leading system integration and technology consulting firm specializing in databases, tools and packaged application solutions in the Southeastern United States. The company partners with clients and vendors to architect, build, and implement "best of breed" technology solutions. Tactics solutions include Custom Solutions, Infrastructure Solutions and Packaged Applications Deployment. Tactics has more than 180 associates in eight branch offices including Atlanta, Birmingham, Charlotte, Memphis, Nashville, Orlando and Tampa. The company has an extensive customer base including Chick-fil-A, Bell and Howell, E*TRADE, eMerge, Equifax Marketing, Federal Express Corporation, GTE, Jim Walter Resources, MCI Telecommunications, The Coca-Cola Company and The Weather Channel. For more information on Tactics visit us online at www.tacticsus.com. |
