Marlton, NJ - April 12, 2010 - Emtec, Inc. (OTCBB: ETEC), a systems integrator, today announced that it has acquired SARK Infotech, a software consulting company based in Mumbai, India. This acquisition significantly complements Emtec’s ability to deliver application development and integration projects. SARK’s delivery capabilities will be integrated into Emtec’s operations and expand Emtec’s footprint in Asia. Now, with offices in both Mumbai and Bangalore, Emtec offers an expanded global delivery model through a mix of onshore and offshore development centers.
“We are committed to growing our business organically and by acquiring companies that help us expand our service offerings and solutions for our clients,” said Dinesh Desai, chairman, CEO, and president of Emtec. “We are confident that through the acquisition of SARK, Emtec has taken another step forward in expanding our footprint worldwide and look forward to continued growth in our key focus areas of systems integration and application services.”
SARK concentrates on developing web-based applications using primarily Open Source and Microsoft .NET platforms and offers a wide range of services, including network and system management solutions, interactive transactional solutions, and software development, maintenance and migration. SARK also has capabilities to provide embedded software development for Network Processing Unit (NPU) based networking software, wireless applications for handhelds and PDAs, device drivers and other devices and components. The expertise in these areas will allow Emtec to provide a wide array of solutions for its customers using web and mobile technologies simultaneously.
“We are looking forward to becoming part of the Emtec team and increasing the breadth of their offerings,” said Mayank Shah, co-founding director, SARK. “As a company, we are focused on becoming recognized globally as a noted player in the Web and embedded technologies industry and our merger with Emtec will directly support that objective.“
“We are excited about the opportunity for growth offered by being part of a team with Emtec’s extensive business development capabilities,” added Kiran Ambardekar, co-founding director, SARK.