Springfield, NJ. – Emtec, Inc. (OTCQB: ETEC) (“Emtec” or the “Company”) announced today that, for the quarter ended May 31, 2012, consulting and outsourcing revenue increased to $26.8 million from $20.2 million in the quarter ended May 31, 2011, an increase of $6.6 million or 32.5%. Overall revenue increased from $44.9 million for the three months ended May 31, 2011 to $50.7 million for the three months ended May 31, 2012. Gross profit increased by approximately $1.3 million to $9.1 million for the quarter ended May 31, 2012 from $7.8
Springfield, NJ. – Emtec, Inc. (OTCQB: ETEC) (“Emtec” or the “Company”), a systems integrator, today announced that it has appointed Chris Hughes as the company’s new Canadian Country Manager and Siva Arunachalam as its Managing Director of the Application Development, Maintenances & Support (ADMS)/Application Outsourcing practice.
Mr. Hughes is based out of the Ottawa, Ontario office and is positioned to work with the sales and delivery teams to enhance the company’s brand and grow the sales of the broader Emtec portfolio of services in Canada. He brings over 25 years of
Springfield, NJ. – Emtec, Inc. (OTCQB: ETEC) (“Emtec” or the “Company”), a systems integrator, today announced the company has been recognized by UBM Channel as a part of CRN’s 2012 Solution Provider 500 list, which ranks the top technology integrators in North America. Emtec has been on the list since the first list was published 18 years ago. This year marks Emtec’s second consecutive year of being among the top 100 solution providers in the country, ranking 95th.
“Each year we strive for excellence and it is an honor to be
Chicago, IL. – Emerging Solutions, a subsidiary of Emtec, Inc. (OTCQB: ETEC), today announced that its Infrastructure Practice Manager, John Booth, will speak at KSCOPE 12, a technical conference for the Oracle community, on June 24-28 in San Antonio, Texas. He is giving two presentations including “Planning for and Managing Your Hyperion Infrastructure,” and “Benchmarking Physical vs. Virtual and Linux vs. Windows.”
Mr. Booth is the infrastructure practice manager for OBIEE and Hyperion technologies at Emerging Solutions. He is a contributor to the Oracle Technology Network and Network 54 Hyperion forums,
Chicago, IL. – Emerging Solutions, a subsidiary of Emtec, Inc. (OTCQB: ETEC), today announced that two of its executives will speak at COLLABORATE 12, a technology and applications forum for the Oracle community, on April 22-26 in Las Vegas, Nevada. PeopleSoft Financials and Supply Chain Director, Jon Given is presenting on “PeopleSoft Testing Framework: Leverage PTF in Your Next Upgrade, Implementation or Support Project,” and HCM Practice Manager, Daniel Schnake is speaking on how to “Utilize the Approval Workflow Engine in HCM.”
As Director of the PeopleSoft Financials practice, Jon’s responsibility
Springfield, NJ. – Emtec, Inc. (OTCQB: ETEC) (“Emtec” or the “Company”) announced today that, for the quarter ended February 29, 2012, consulting and outsourcing revenue increased to $25.2 from $17.6 million in quarter ended February 28, 2011, an increase of $7.6 million or 43.2%. Overall revenue increased from $46.1 million for the three months ended February 28, 2011 to $47.7 million for the three months ended February 29, 2012. Procurement services revenues declined by $6.0 million from $28.6 million for the three months ended February 28, 2011 to $22.6 million
Springfield, NJ. – Emtec, Inc. today announced that is has been honored as the Data Partner of the Year by Alcatel-Lucent Enterprise.
Emtec was presented the “2012 Data Partner of the Year in North America” Award at the annual Executive Partner Days event in Cancun, Mexico. This award was based on a combination of factors including Emtec’s investment in engineering talent, increase in sales volume, and collaboration with Alcatel-Lucent during the previous year.
In the past three years, Emtec has invested a significant amount of resources and engineering talent toward joint solutions,
Springfield, NJ. – Emtec announced today it has been named to CRN’s second annual list of the Tech Elite 250. Companies on the 2012 Tech Elite 250 list represent an elite group of IT Solution Providers that have invested in the training and education needed to earn most demanding technical certifications in the IT Channel.
In compiling the list, CRN editors worked with the UBM Channel research group and a team outside experts to define the most customer-beneficial technical certifications in the IT channel. These technical certifications have enabled solution providers
Springfield, NJ. – Emtec, Inc. (OTCBB: ETEC) (“Emtec” or the “Company”) announced today that, for the quarter ended November 30, 2011, consulting and outsourcing revenue increased to $25.6 million for quarter ended November 30, 2011 from $16.7 million in quarter ended November 30, 2010, an increase of $8.9 million or 53.5%. Overall revenue decreased from $76.9 million to $72.0 million as procurement services revenues declined by $13.8 million from $60.2 million to $46.4 million. The decline in procurement revenue is due to purchasing decision delays by our education clients and
Springfield, NJ, January 19, 2012 – Emtec, Inc. (OTCQB: ETEC) (“Emtec” or the “Company”), a systems integrator, today announced its selection by Zillow® (NASDAQ: Z), the leading real estate information marketplace for continued support of their software development lifecycle. Emtec will continue to provide support in application development, testing and test automation services for Zillow’s software development division.
“The unique expertise and diverse technologies that Emtec brings to the table combined with their proven track record for success, made it a very easy choice to continue our relationship,” said David Beitel,
Springfield, NJ. – Emtec, Inc. (OTCQB: ETEC) (“Emtec” or the “Company”), a systems integrator, today announced that it has refinanced its existing Credit Facility with PNC Bank, N.A., through its PNC Business Credit division, which provides asset-based lending. PNC Bank, N.A. is a subsidiary of The PNC Financial Services Group. In addition the Company announced an additional $3 million mezzanine investment by Peachtree Equity Partners, an Atlanta-based private equity firm specializing in subordinated debt and equity investments for middle market growth companies.
Dinesh Desai, Chief Executive Officer of Emtec, commented, “We
Springfield, NJ. – Emtec, Inc. (OTCQB: ETEC) (“Emtec” or the “Company”) announced today that for the quarter ended November 30, 2012, its gross profit from Consulting and Outsourcing grew by 6.0% versus the first fiscal quarter of last year to $6.5 million, and total gross margin increased from 16.5% for the quarter ended November 30, 2011 to 18.0% for the quarter ended November 30, 2012. The Company also reported Adjusted EBITDA, which is defined by management as net income (loss) before interest, taxes, depreciation, amortization, retention bonuses, stock-based compensation, severance,
Springfield, NJ. – Emtec, Inc. (OTCQB: ETEC) (“Emtec” or the “Company”), a systems integrator, announced that it has appointed two new members to the Board of Directors of the Company effective December 1, 2011. The two new members, Chris Formant and Sunil Misra, will join the four existing members to bring the board membership to six, three of whom are independent.
Chris Formant is currently a Senior Vice President of Avaya Inc. and President, Avaya Government Solutions, a position he has held since August 2010. He joined Avaya in February 2008.
Chicago, IL. – Emerging Solutions, an Emtec, Inc. (OTCQB: ETEC) company and leader in Information Technology (IT) consulting services, today announced that its Corporate Social Responsibility (CSR) program, focused on having a positive impact on society, is addressing the needs of many organizations this year including Children’s Memorial Hospital and the Pancreatic Cancer Action Network. Rather than give out material gifts for the holidays, Emerging Solutions is honoring employees and clients by making donations on their behalf to the two charities. The company is an avid supporter of these and
WHAT:The recent buzz around Cloud solutions has promised to improve efficiencies and reduce cost and increase ROI. This session is designed to outline how to leverage best practices around data center consolidation and future Cloud integration, regardless of platform. For Tribal organizations trying to balance the multiple demands of the business with decreasing budgets leaves a lot asking, “How do we get to the Cloud and should we?”
Emtec Federal will provide an outline to defining the needs of the Tribal IT Cloud and more importantly, will show where some
Springfield, NJ – Emtec Federal (OTCQB: ETEC), a systems integrator, today announced its selection as one of 333 prime contractors for the Navy SeaPort Enhanced (SeaPort-e) Contract. The indefinite-delivery indefinite-quantity (IDIQ) multiple award contract has a three-year base period with one five-year award term. The government estimates a maximum of $5.3 billion of services will be procured per year via orders issued under the contract.
The award of these contracts is a result of the SeaPort-e Rolling Admissions solicitation and will support service requirements solicited by Naval Sea Systems Command; Naval
Chicago, IL. – November 16, 2011 – Emerging Solutions, an Emtec, Inc. (OTCQB: ETEC) company and leader in Information Technology (IT) consulting services, today announced that it has been named one of the Chicago Tribune’s Top Workplaces for 2011. In order to find the region’s best places to work, The Chicago Tribune teamed up with Workplace Dynamics LLC, a firm that specializes in workplace surveys, to conduct more than 136,300 anonymous surveys of Chicago-area businesses completed by the employees themselves. Out of 1675 of Chicago area companies that were asked
Article: Progressing your BI Strategy – Advance to Run
By Sajid Patel
In the first two articles (Crawl & Walk) of this three-part series, we discussed what it takes to reach a level in your Business Intelligence (BI) strategy where the environment accelerates to deliver value to an increasing set of business groups. In this final article, we will discuss some of the considerations to take your BI strategy to the next level of value and advance to “run.”
* “Run”: Integrating BI into Key Business Functions
When you chose to progress your BI
ARTICLE FEATURED IN TECHNOLOGY FIRST, SEPTEMBER 2011
By Sajid Patel
In the first article of this three-part series, we jumpstarted the discussion on how to progress your organization’s Business Intelligence (BI) strategy. We talked about the importance of BI as a means of keeping the competitive edge and identifying opportunities. It’s hard to argue the value of information in optimizing business performance across many aspects. Then we established the fundamentals on how to get started with BI through a well-orchestrated “Crawl” stage. In this article, we will talk about how to take
Emtec will host a conference call on September 8, 2011 at 1PM US Eastern time to discuss their recent acquisition, long term strategy and business outlook.
The dial-in number for North American callers is:
888-424-8151, conference ID 7215 110
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