impressive background and awards for the ceo dellinger http://www.ramseydellinger.com/aboutRamsey.html also.. this is nice too! XnE, Inc. Enters The Robust Tech Sector By Acquiring MSP on Demand Los Angeles, CA--(Marketwire –May, 2010) - XnE, Inc. (PINKSHEETS: XNEZ) announces the acquisition to be the majority shareholder of MSP on Demand, LLC. has been completed. Details of the acquisition will be made in future releases.
MSP on Demand is transforming the way companies can control purchases, updates, and receive essential technology and support with its “Hardware-as-a-Service” (HAAS) monthly fixed priced business model. Michael Cummings, XnE President and CEO stated “MSP on Demand has helped change the decision process for businesses to consider paying for technology like you do your cell phone plan.”
MSP marked 2009 with revenues of reaching $1 million and a net income nearing 11%. Ramsey Dellinger, President of MSP on Demand notes, “This investment by XnE, Inc. provides us the opportunity to significantly expand our program offerings and provide our resellers with the best possible HAAS program in the market. For technology resellers to remain competitive in the global arena, HAAS has become a strategic imperative for long term growth.”
Stay up-to-date with current events by joining XnE, Inc. E-mail alert list at www.xneinc.com Contact Investor Relations at 305-546-7189.
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