Business Services Industry

ATEC Group Authorized as Oracle Partner; Expands Company's Presence in NSP and ASP Markets

Business Wire, May 24, 2000

Business Editors

HAUPPAUGE, NY--(BUSINESS WIRE)--May 24, 2000

ATEC Group, Inc. (NASDAQ: ATEC), announced today that it recently became authorized as a Partner by Oracle(R) Corp. (NASDAQ: ORCL), the world's largest provider of software for e-business. ATEC Group expects that this new partner designation will significantly improve its ability to provide Internet-based enterprise software solutions, including database, server, enterprise business applications, application development and decision support tools to its current clients, as well as attract new clients in the e-business arena.

ATEC Group is also authorized as a Microsoft(R) Certified Solution Provider, which among other benefits, offers direct marketing and business development activities planned with the Microsoft sales and consulting teams. In addition, the company recently gained status as a Gold Citrix Solutions Network Partner for its Manhattan, Albany and Syracuse NY, facilities. Today, Citrix Systems is the leader worldwide in the server-based computing markets.

"Our Oracle partnership provides an excellent opportunity for ATEC Group to gain a competitive advantage in the marketplace," commented Raj Rametra, COO of the Technology Integration Services (TIS) Division of ATEC Group. "This designation, along with our Microsoft Certified Solution Partner and Gold Citrix Solutions Network Partner certifications, as well as our experience with Linux, better enables us to provide a complete solution to our clients' IT needs. Even more important, it strengthens the company's TIS division to further penetrate the network service provider (NSP) and application service provider (ASP) markets, which are identified areas of growth for ATEC Group."

Added Sanford Cohn, president of ICM International, acquired by ATEC Group in January 2000, "Our recent affiliation with Microsoft and Citrix, and now with Oracle, has already enabled ATEC Group to take advantage of the ASP market for software rental, which allows users to have both a web-based and Citrix-based access to their critical applications and helps to lower their total cost of application ownership."

Cohn continued, "Through these affiliations, we have also increased our Internet Service Provider (ISP) business. Recently, we have won contracts to host and develop major web sites, along with collocating customers' web servers on our high-speed Internet connection."

About Oracle Corp.

Oracle Corp. is the world's leading supplier of software for information management, and the world's second-largest independent software company. Headquartered in Redwood Shores, CA, Oracle is the first company to develop and deploy 100 percent Internet-based enterprise software across its entire product line: database, server, enterprise business applications, and application development and decision support tools. With annual revenues of more than $9.7 billion, the company offers its database, tools and application products, along with related consulting, education and support services, in more than 145 countries around the world. For more information, please visit the company's web site at www.oracle.com.

About ATEC Group

Based in Hauppauge, NY, ATEC Group, Inc., is a leading system integrator and provider of a full line of information technology products and services. As a one-stop company for the computer needs of businesses, government agencies and educational institutions, ATEC Group offers computer hardware and software, system integration networking, graphic arts, Internet and Intranet. The company is positioned for growth through its capabilities as a PC manufacturer of Nexar technology, in software development and e-commerce.

For more information on ATEC Group, please visit the company's web site at www.atecgroup.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements that are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including, but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the company's filings with the Securities and Exchange Commission.

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COPYRIGHT 2008 Gale, Cengage Learning
 

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