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| Both Organizations Benefit from Focusing on Strengths
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Monday, February 21, 2005
For Release at 10:30 AM EST
Pittsburgh, PA: Information technology companies Allin Corporation (OTCBB: ALLN) and TrueFit Solutions, Inc. announced that Allin has acquired the client base of TrueFit Solutions’ Microsoft Customer Relationship Management (“CRM”) Practice. Terms of the deal were not disclosed, however, no employees or assets other than the client list will be included with the acquisition of the practice. TrueFit’s existing CRM clients will be serviced by Allin’s Business Process Practice Area. Allin’s Business Process Practice Area delivers technology solutions focused on Microsoft business management software such as Great Plains and Solomon financial software, as well as Microsoft CRM. Allin’s Business Process solutions involve implementing and customizing these Microsoft software packages to help organizations automate processes, make more profitable decisions and accelerate growth.
TrueFit Solutions, recognized as one of the regional market leaders for Microsoft CRM, decided to divest of this practice due to the acquisition of its largest partner, Lilly Software Associates, by Infor Global Solutions in late 2004, and the additional opportunities this acquisition provided.
“Although we were seeing much success in the CRM market, our core competency has always been in the manufacturing sector, specifically in the areas of distribution, operations, and supply change management,” stated Darrin Grove, TrueFit CEO and Founder. “The Infor acquisition opened up new opportunities for our organization, and we felt the right thing to do was to focus our energies back into the ERP sector and our core competency of providing IT solutions based on Microsoft .NET and networking solutions.”
With the acquisition of TrueFit’s CRM practice, we are able to expand our client base in the CRM sector,” commented Tim O’Shea, managing director of Allin’s Pittsburgh consulting operations. “The market for Microsoft’s CRM package is growing rapidly and is expected to increase as customers continue to try to leverage the integration of Microsoft products and technologies. The addition of TrueFit’s client base broadens the depth of Allin’s CRM commitment to this market place and we look forward to servicing these clients in the professional manner for which we have come to be known.”
“We researched the Pittsburgh market for a company that would continue to provide outstanding service to our CRM clients and present opportunities for us to work together in the future,” added Mr. Grove. “Our research pointed to Allin as the leading provider of Microsoft Business Solutions in the Greater Pittsburgh, area and we are certain that our CRM client base will be well served by this transaction.”
Beginning with the filing of the Company’s Form 10K with the Securities Exchange Commission, Allin will segregate Business Process Practice Area revenue and gross margin for reporting purposes. Prior to the most recent acquisitions, business process revenue was reported through the Company’s Collaborative Solutions Practice Area.
About Allin Corporation
Allin Corporation is a leading provider of solutions-oriented application development and technology infrastructure consulting and systems integration services. Allin specializes in interactive media and Microsoft-based technologies with operations centered on four practice areas: Interactive Media, Technology Infrastructure, Collaborative Solutions and Business Process. Allin leverages its experience in these areas to work with clients through a disciplined project delivery framework to ensure that solutions are delivered on time and on budget. Allin delivers these services through the trade names Allin Consulting and Allin Interactive. The Company maintains offices in Pittsburgh, Pennsylvania, Ft. Lauderdale, Florida and San Jose and Walnut Creek, California. For additional information about Allin, visit the Company’s Internet site on the World Wide Web at http://www.allin.com/.
About TrueFit Solutions
TrueFit Solutions helps organizations use technology to improve manufacturing, distribution and sales processes. The company provides application development and networking services to implement, extend, integrate and customize business applications or to build new applications. TrueFit has been recognized as a Top 100 growth company for several years in a row and most recently won the “Best Places to Work” award. Hundreds of customers worldwide have benefited from the company’s business knowledge and technical expertise to enjoy the right business solutions…their way. For more information, visit the company’s website at http://www.truefitsolutions.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to the safe harbors created thereby. These forward-looking statements are based on current expectations and projections about future events and financial trends. The words or phrases “able to expand,” “expected to increase” and similar words or expressions are intended to identify forward-looking statements. In addition, any statements that refer to expectations or other characterizations of future events or circumstances are forward-looking statements. The forward-looking statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including, among other things, the Company’s limited operating history under its new marketing strategies, risks inherent in the development of new markets and products, the need for management of growth, limited capital and competitive market conditions. These are representative of factors which could affect the outcome of the forward-looking statements. In addition, such statements could be affected by general industry and market conditions and growth rates, general domestic and international economic conditions and future incidents of terrorism or other events that may negatively impact the markets where the Company competes. The Company undertakes no obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise.
CONTACT: Dean C. Praskach Phone: (412) 928-2022
Chief Financial Officer Telefax: (412) 928-0225
Allin Corporation E-mail: Dean.Praskach@allin.com
Christopher Lasswell Phone: (724) 772-5959
Vice President Telefax: (724) 772-5969 TrueFit Solutions E-mail: CLasswell@truefitsolutions.com
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