(ETC)
RELEASED on June 16, 2003
Fusion
Labs strengthens their retail-oriented solutions and services by acquiring Effective
Technology Consultants (ETC)
DALLAS,
Texas - June 17, 2003 - Fusion Laboratories, Inc. (Fusion Labs) announced
today the acquisition of certain assets of Effective Technology Consultants (ETC)
from Cayenta, Inc. Fusion Labs plans to structure and operate ETC as a stand-alone
subsidiary and assumed all current ETC customer contracts and staff, effective
May 2, 2003.
ETC
is a leading retail consulting firm, combining in-depth industry knowledge with
technology expertise to generate "optimum results to the retailer's top and
bottom line". The core business for ETC includes: Strategic Planning Services,
Application Rollout Services, Enterprise Systems, Store Systems, Distribution
Systems, Data Warehousing, and ERP.
Steve Galvanoni, ETC President, had
the following to say about the acquisition, "We believe Fusion Labs will
help us achieve our goal of becoming the most trusted advocate of the retailer.
Our unparalleled consulting services guide the retailer through the rapid changes
in business and technology, focusing on maximum realization of benefits and minimized
total cost of ownership. By utilizing Fusion Labs retail-related infrastructure
expertise and by overlaying their IT Application Outsourcing services we can now
also focus on the delivery of these services to create a truly customer-centric
approach."
Fusion
Labs Principle, Brian Blackmarr, considers the acquisition as an opportunity to
reinforce ongoing retail-oriented efforts: "Each ETC consultant has on average
20+ years of valuable experience working in major retail segments such as department
store, supermarket, hospitality, specialty, chain drug, etc.. This hands-on experience
will go a long way in providing our customers with a broad range of very specific
retail knowledge and practical skills to backup the powerful solutions we have
developed for the retail sector. We look forward to working very closely with
the ETC staff."
About
Fusion Labs
Fusion Laboratories, Inc. (FUSION LABS) was formed in 2000
to provide enterprise-class Technology Infrastructure, Application Management,
and Consulting Services to the mid-market tier organization. The Fusion Labs management
team previously founded and built BRBA, a Dallas based-regional technology firm.
Fusion Labs has provided business solutions, application support and business
process outsourcing for a range of vertical market leaders. Current Fusion Labs
clients and partners include: Neiman Marcus, Living Naturally, LLC., Richmont
Holdings, Carriker, Bank of America, NCR, and Kintetsu Global I.T., INC.
About
ETC
Effective Technology Consultants (ETC) serves the cross-functional
demand chain solution needs of tier one retail and consumer products organizations.
ETC was established in 1998 and specializes in Strategic Planning Services, Application
Rollout Services, Enterprise Systems, Store Systems, Distribution Systems, Data
Warehousing, and ERP. ETC is composed primarily of seasoned retail professionals,
executives and directors with a knowledgebase that extends over 30 years. ETC
has severed virtually all segments of retailing and utilizes this extensive client
experience and a worldwide network of talented resources to provide leading methodologies
focused on ensuring effective solutions and smooth application/solution rollouts.
ETC clients include: KOHL's, Belk, Neiman Marcus, Brooks Brothers, Kroger Company,
KINKO's Inc., Garden Ridge, McDonald's Corporation, and KMART.
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