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Re: 10 bagger post# 19

Monday, 03/08/2010 11:42:54 AM

Monday, March 08, 2010 11:42:54 AM

Post# of 42
ETEC.. $1.40

MARLTON, N.J., Mar 08, 2010 (BUSINESS WIRE) -- Emtec, Inc. (ETEC, Trade ), a systems integrator, today announced that it has unified the IT consulting services of KOAN-IT under the Emtec brand. Renaming the subsidiary reflects Emtec's move toward consolidating and integrating its comprehensive portfolio of IT services and solutions under a single brand. This provides customers and partners with a single point of reference and builds greater awareness for Emtec and its strength as a leading systems integrator within its target markets including government, education, healthcare, financial services, telecommunications, retail, pharmaceutical and gaming.

"Over the past 24 months, we have made several acquisitions that enable Emtec to differentiate itself from the competition and better serve current and prospective customers. As we head into a new decade we felt it was important to unify all of these organizations including KOAN-IT under the Emtec brand," said Dinesh R. Desai, Chairman of the Board, Chief Executive Officer and President, Emtec, Inc. "Our move towards one company reflects our ability to incorporate our partner companies as one culture, taking the very best aspects of each entity to provide a better level of services to our clients. Looking ahead, we will continue to focus on integrating and building upon the strengths from all of the acquired companies and leverage the Emtec brand to provide the most comprehensive IT solutions for our customers."

In February 2009 Emtec acquired KOAN-IT, a high end provider of IT infrastructure and service management consulting services, to help organizations effectively address and manage big-picture issues and day-to-day events. KOAN-IT's IT Transformation Services combined with its Value Based Management methodology (a continuous cycle that drives quantifiable improvements in ITs contribution to achieving business objectives) help improve processes, technology, skills and metrics across an entire IT organization.

"By expanding our IT services and solutions offerings, we are able to demonstrate and quantify value, while reducing costs and aligning the delivery of IT within organizations. We are transforming the way IT services are delivered, ensuring our clients realize measurable value from their information technology investments," Mr. Desai stated.

About Emtec, Inc.

Established in 1964, Emtec, Inc. is a systems integrator providing services and products to the federal, state, local, education and commercial markets. Emtec helps clients identify and prioritize areas for improvement and then implements process, technology and business application improvements that reduce cost, improve service and align the delivery of IT with the needs of their organization. Emtec's market leading value-based management methods, coupled with best-in-class IT technology, consulting and development services, address a wide range of specific client needs, as well as support broader IT transformation initiatives. Emtec's service capabilities span the United States, Canada and countries around the globe. For more information visit: www.emtecinc.com .

SOURCE: Emtec, Inc.


Emtec
David Singer, 973-232-7880
DavidSinger@emtecinc.com
or
Welz & Weisel Communications
Nicole Nolte, 703-218-3555
Nicole@w2comm.com

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