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NEPS, LLC Acquires Boston-Based Art Plus Technology (APT)

Wednesday, March 07, 2007

Press release from the issuing company

March 1, 2007 (Lake Forest, IL) – NEPS, LLC, an innovator in the automation of document-intensive business processes, today announced it has acquired Boston-based Art Plus Technology, Inc. (APT), the premier provider of document and information design services to the financial, insurance, and health care industries. The acquisition was done in partnership with Hispania Capital Partners, a Chicago-based private equity firm. Headquartered in Lake Forest, IL, the combined company has over 50 employees and four offices nationwide, and focuses on key vertical markets including financial services, insurance, healthcare, government and gaming. Featuring NEPS’ renowned software and systems integration skills and APT’s superior consulting and hosting services, the unified entity provides tremendous value to companies seeking efficiency and flexibility in their strategic communications initiatives. “NEPS is at the technological forefront in enterprise content management and print management solutions, and APT raises the bar every day in terms of functional design, usability testing, and integrated business communications,” said William Lowe, NEPS’ CEO. “Putting the two together strengthens our ability to help companies improve their communications infrastructure and strategy, and to create significant competitive advantage as a result. Denise Miano of NEPS and Elizabeth Gooding of APT have been leaders in the industry for the last 20 years. Combined with Hispania and our new executive team, I believe we are poised for growth, through service to our customers.” “We are delighted to be officially joining the team at NEPS after collaborating with them for many years,” said Elizabeth Gooding, President of APT. “Customers of both companies will benefit from the extended range of offerings and the ability to buy, lease, or host the solution that makes the most sense for their business model. And with Bill Lowe, the father of the IBM PC, at the helm, and a deep pool of combined talent to draw upon, we are poised for significant growth.”




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