Systems America, Inc.(fka SYAI)

[srm4u]

Systems America, Inc. (OTC:SYAI) ("Systems America" or the "Company"), a premier provider of cloud computing and information technology solutions, is pleased to announce the acquisition of Bartronics America, Inc. ("Bartronics America"), recently renamed mCloud, Inc., headquartered in Princeton, New Jersey. For the fiscal year ending December 31, 2012, Bartronics America is estimated to generate total Revenues of over $36 million and adjusted EBITDA (Earnings before interest, taxes, depreciation and amortization) of $3.6 million from their information technology and software services business.
http://ih.advfn.com/p.php?pid=nmona&article=55405033

mCloud, Inc. was formerly known as Bartronics America, Inc. The company was incorporated in 2007 and is based in East Windsor, New Jersey with locations in America, Canada, India, and Singapore. As of December 11, 2012, mCloud, Inc. operates as a subsidiary of Systems America, Inc.
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=40426330
http://www.reuters.com/finance/stocks/SYAI.PK/key-developments/article/2657355