XTIVIA, Inc. Today Announced the Acquisition of CONNECT: The Knowledge
Colorado Springs, CO, August 02, 2010 --(PR.com)-- XTIVIA, Inc. today announced the acquisition of
CONNECT: The Knowledge Network, a leading IT consulting services organization with a strong focus
on Data Warehousing / Business Intelligence, Healthcare Solutions and Organization Development.
Headquartered in Denver, CO and founded in 1992, CONNECT has a proven track record of partnering
with clients to leverage information and technology to meet business needs. Maureen Clarry, founder of
CONNECT is a well known speaker and published author with The Data Warehousing Institute (TDWI),
and BeyeNetwork. Maureen will continue to be involved as Managing Director.
"This acquisition furthers XTIVIA's strategy by enhancing our data warehousing and healthcare expertise
and expanding our delivery capabilities," said XTIVIA, CEO Dennis Robinson. "Combining the
respective strengths of XTIVIA and CONNECT accelerates our business plan and is a significant step
toward our goal of transforming business through the use of information technology."
Maureen Clarry said "CONNECT brings new methods and capabilities that, when combined with
XTIVIA's industry and technology expertise, will enable us to bring more comprehensive and innovative
solutions to the market."
Dennis Robinson, CEO, said, "We enthusiastically welcome the CONNECT team into our company. We
have very similar cultures focused on doing what is best for customers and taking care of our employees.
We believe that our customers, shareholders, and employees will all benefit from this acquisition. We
have already begun integrating our companies and expect positive results soon."
XTIVIA is a leading information technology and Internet solutions firm that specializes in helping
organizations manage critical business information and processes across all communication channels.
Xtivia has offices in New York, New Jersey, Colorado, and Texas and is a subsidiary of Matrix-IT Ltd.,
(www.Matrix-it.co.il) (TASE: MTRX) and a part of the Global technology group Formula Systems Ltd.
(www.formulasystems.com) (NASDAQ: FORTY).
For more information visit our Web site at www.Xtivia.com or http://www.connectknowledge.com, call
888-685-3101, option 2, or email us at email@example.com.
719 623 5870
Online Version of Press Release:
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