IO Integration (IOI) Acquires Integration Division Of Cadapult Graphic Systems, Inc.
Press release from the issuing company
San Francisco, CA, May X, 2005 - IO Integration (IOI), a systems integrator focused on building workflow efficiencies for advertising agencies, commercial printers, pre-press providers and retail publishers, announces that it has acquired the integration division of Cadapult Graphic Systems, Inc. Cadapult Graphic Systems (Cadapult) is a premier metro New York based provider of computer graphics technology and services to creative professionals. With this agreement, IOI obtains the support staff and outstanding support contracts currently serviced by Cadapult. To that end, Gary Glass and Kevin Martorana, formerly of Cadapult, have joined IOI, to provide continuity in both sales and support.
This agreement allows both companies to focus on their core competencies. IOI will strengthen its service support to its northeast US customer base, while Cadapult will concentrate on providing Media Sciences color printer supplies to its corporate customer base.
Cadapult's systems integration division previously offered products and solutions for advertising, prepress, printing and publishing companies. These products have included equipment such as high performance file servers, networks and storage. In doing so, Cadapult has provided high performance, highly available turnkey systems built on equipment from partners including Silicon Graphics, Sun Micro Systems, IBM, Xinet, LSI Logic, Spectra Logic, StorageTek and Microsoft.
"We believe the sale of Cadapult's systems integration business benefits all parties involved. IOI's reputation for excellence in their solutions and support precedes them," says Michael W. Levin, President of Cadapult. "This transition is a unique opportunity for Cadapult's customers to achieve a higher level of service and support, while allowing Cadapult to focus on its core business of selling Media Sciences supplies."
As a national integrator, IOI's extended reach of service should benefit its entire customer base. IOI also believes that its experience with overlapping Cadapult vendors such as Xinet should provide a smooth transition. IOI's position as the leading Professional Publishing VAR for Apple Computer, and its expertise with Dalim Software workflow solutions, should be of assistance to its new clients.
"We expect that the acquisition of the service support group will result in an even stronger level of service and support to our growing Northeast base of customers," remarks Eric Rewitzer, co-founder and President of IOI. "As well, Cadapult customers should rest assured that during this transition period IOI will honor and support all existing service contracts. We are enthusiastic about introducing to them to
IOI's strong support team, and believe we can also introduce them to extremely productive workflow solutions."
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