EX-99.1
4
a09-21004_1ex99d1.htm
EX-99.1
Exhibit 99.1
Media Contacts:
Marne Oberg
Analysts International
Corporation
(952) 838-2867
moberg@analysts.com
Craig Perry
Netarx, LLC
(248) 341-2530
cperry@netarx.com
Analysts
International Corporation Accelerates Transformation
with Sale of Reseller Business to Netarx
Companies
will Enter into an Alliance Agreement Designed to Jointly Serve Customers
Moving Forward
MINNEAPOLIS and DETROIT - August 4, 2009 -
Analysts
International Corporation (AIC) (Nasdaq: ANLY), an information
technology services company, and Netarx, LLC, a premier
provider of business transforming technology solutions headquartered in
Farmington Hills, MI, today announced that they have signed a definitive agreement
under which Netarx will acquire substantially all the assets of AIC's value-added
reseller (VAR) business and its supporting service offerings. The agreement was
signed on August 4, 2009, and is effective immediately.
As
part of this agreement, AIC and Netarx will enter into an alliance agreement
and continue to work together to jointly serve the IT and network communication
needs of clients throughout the Great Lakes region. AIC will continue to provide
IT staffing and application development services throughout this region and work
in partnership with Netarx to augment its services and deliver on the collaboration,
data center and network communication needs of its clients.
"We
are excited about the possibilities this transaction presents for both AIC and
Netarx", said Elmer Baldwin, AIC's President and CEO. "This move significantly reduces
the complexity of our business and enables us to focus our attention on growing
our core services, including IT staffing, consulting and application solutions.
For Netarx, this agreement provides them with an established business that
greatly expands their delivery
capability, broadens their offering and fits well into their overall strategy
for growth".
"The
longevity and strength of AIC's customer relationships, combined with their solution
expertise and great reputation in the marketplace makes this a very attractive
addition to Netarx", said Duane Tursi, Chief Executive Officer of Netarx. "The
more than 150 professionals transitioning from AIC's VAR business to Netarx
bring significant experience and expertise to our business in areas such as
unified communications, collaboration, data center and professional services".
"The
combination of our organizations is most beneficial to our customers who will
benefit from our world-class engineering teams and variety of managed services
options", added Netarx Chairman and President Sandy Kronenberg.
AIC
and Netarx will work together to help ensure this transaction results in a
smooth transition for clients, partners and employees.
About
Analysts International Corporation
Analysts International
Corporation (AIC) (Nasdaq: ANLY) is an information
technology services company focused on providing configured solutions for its
clients. AIC serves a broad portfolio of clients throughout the United States
with technology staffing, collaboration solutions, infrastructure solutions,
project and application solutions and managed services offerings. More
information is available online at www.analysts.com.
About
Netarx
Netarx transforms
business through technology. We understand our clients' business processes and
improve collaboration by consolidating voice, data and visual communications
onto a single, easy to use platform. We infuse these rich experiences into
applications with workflow optimization while creating efficiency and productivity
gains in various organizational process areas, customer base and supply chain. Netarx
plans, designs, implements and manages these solutions with proven
methodologies that reflect industry best practices. Netarx is known for
providing pragmatic and practical solutions, customer satisfaction and
integrity. Visit us at www.netarx.com.
###
Cautionary Statement for the Purpose
of Safe Harbor Provisions of the Private Securities Litigation Reform Act of
1995
This press release contains forward-looking statements within the meaning
of the safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. Statements made in this press release by AIC and its CEO Elmer
Baldwin about AIC regarding, for instance: (i) AIC's business
transformation plan; (ii) the potential impact of the VAR business asset
sale transaction; and (iii) management's beliefs with respect to the reduction
in complexity of AIC's business and AIC's ability to focus its attention on
growing its core IT services, are forward-looking statements. These
forward-looking statements are based on current information we have assessed,
which by its nature is dynamic and subject to rapid and even abrupt changes.
Forward-looking statements include statements expressing the intent, belief or
current expectations of AIC and members of our management team and involve
certain risks and uncertainties, including (i) the risk that management may not
fully or successfully implement its business transformation plan; (ii) the risk
that AIC will not be able to effectively enter into a strategic partnership
with Netarx; (iii) prevailing market conditions in the IT services
industry; (iv) potentially incorrect assumptions by management with respect to this
transaction; and (v) economic, business, market, financial, competitive
and/or regulatory factors affecting AIC's business generally
,
including those set forth in AIC's
filings with the SEC. You are cautioned not to place undue reliance on these or
any forward-looking statements, which speak only as of the date of this press
release. AIC expressly disclaims any responsibility for forward-looking
statements made by or about Netarx.

EX - 99 . 1 4 a09 - 21004 _ 1ex99d1 . htm EX - 99 . 1 Exhibit 99 . 1 Media Contacts : Marne Oberg Analysts International Corporation ( 952 ) 838 - 2867 moberg@analysts.com Craig Perry Netarx , LLC ( 248 ) 341 - 2530 cperry@netarx.com Analysts International Corporation Accelerates Transformation with Sale of Reseller Business to Netarx Companies will Enter into an Alliance Agreement Designed to Jointly Serve Customers Moving Forward MINNEAPOLIS and DETROIT - August 4 , 2009 - Analysts International Corporation ( AIC ) ( Nasdaq : ANLY ) , an information technology services company , and Netarx , LLC , a premier provider of business transforming technology solutions headquartered in Farmington Hills , MI , today announced that they have signed a definitive agreement under which Netarx will acquire substantially all the assets of AIC 's value - added reseller ( VAR ) business and its supporting service offerings . The agreement was signed on August 4 , 2009 , and is effective immediately . As part of this agreement , AIC and Netarx will enter into an alliance agreement and continue to work together to jointly serve the IT and network communication needs of clients throughout the Great Lakes region . AIC will continue to provide IT staffing and application development services throughout this region and work in partnership with Netarx to augment its services and deliver on the collaboration , data center and network communication needs of its clients . " We are excited about the possibilities this transaction presents for both AIC and Netarx " , said Elmer Baldwin , AIC 's President and CEO . " This move significantly reduces the complexity of our business and enables us to focus our attention on growing our core services , including IT staffing , consulting and application solutions . For Netarx , this agreement provides them with an established business that greatly expands their delivery capability , broadens their offering and fits well into their overall strategy for growth " . " The longevity and strength of AIC 's customer relationships , combined with their solution expertise and great reputation in the marketplace makes this a very attractive addition to Netarx " , said Duane Tursi , Chief Executive Officer of Netarx . " The more than 150 professionals transitioning from AIC 's VAR business to Netarx bring significant experience and expertise to our business in areas such as unified communications , collaboration , data center and professional services " . " The combination of our organizations is most beneficial to our customers who will benefit from our world - class engineering teams and variety of managed services options " , added Netarx Chairman and President Sandy Kronenberg . AIC and Netarx will work together to help ensure this transaction results in a smooth transition for clients , partners and employees . About Analysts International Corporation Analysts International Corporation ( AIC ) ( Nasdaq : ANLY ) is an information technology services company focused on providing configured solutions for its clients . AIC serves a broad portfolio of clients throughout the United States with technology staffing , collaboration solutions , infrastructure solutions , project and application solutions and managed services offerings . More information is available online at www.analysts.com . About Netarx Netarx transforms business through technology . We understand our clients ' business processes and improve collaboration by consolidating voice , data and visual communications onto a single , easy to use platform . We infuse these rich experiences into applications with workflow optimization while creating efficiency and productivity gains in various organizational process areas , customer base and supply chain . Netarx plans , designs , implements and manages these solutions with proven methodologies that reflect industry best practices . Netarx is known for providing pragmatic and practical solutions , customer satisfaction and integrity . Visit us at www.netarx.com . # # # Cautionary Statement for the Purpose of Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995 This press release contains forward - looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 . Statements made in this press release by AIC and its CEO Elmer Baldwin about AIC regarding , for instance : ( i ) AIC 's business transformation plan ; ( ii ) the potential impact of the VAR business asset sale transaction ; and ( iii ) management 's beliefs with respect to the reduction in complexity of AIC 's business and AIC 's ability to focus its attention on growing its core IT services , are forward - looking statements . These forward - looking statements are based on current information we have assessed , which by its nature is dynamic and subject to rapid and even abrupt changes . Forward - looking statements include statements expressing the intent , belief or current expectations of AIC and members of our management team and involve certain risks and uncertainties , including ( i ) the risk that management may not fully or successfully implement its business transformation plan ; ( ii ) the risk that AIC will not be able to effectively enter into a strategic partnership with Netarx ; ( iii ) prevailing market conditions in the IT services industry ; ( iv ) potentially incorrect assumptions by management with respect to this transaction ; and ( v ) economic , business , market , financial , competitive and / or regulatory factors affecting AIC 's business generally , including those set forth in AIC 's filings with the SEC . You are cautioned not to place undue reliance on these or any forward - looking statements , which speak only as of the date of this press release . AIC expressly disclaims any responsibility for forward - looking statements made by or about Netarx .
O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O B-Parties.BUYING_COMPANY O O O O O O O B-Parties.ACQUIRED_COMPANY O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O B-Parties.ACQUIRED_COMPANY O B-Parties.BUYING_COMPANY O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O