News

12

April

Emtec Acquires Software Consulting Company, SARK Infotech

Marlton, NJ – 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

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13

August

Emtec Global Services (EGS) Acquires eBAS and Aveeva

Marlton, NJ – Emtec, Inc. (OCTCBB: ETEC) (“Emtec” or the “Company”) announced today that it has acquired through its subsidiary, Emtec Global Services LLC, all of the outstanding stock of eBusiness Applications Solutions, Inc. (“eBAS”) and Aveeva, Inc. (“Aveeva”) headquartered in Fremont, CA, and their Indian subsidiary Aviance Software India Private Limited (“Aviance”), headquartered in Bangalore, India. Jessica Chopra, who will remain as President of eBAS and Aveeva reporting directly to Dinesh Desai, Chairman, CEO, and President of Emtec said, “I’m excited to be a part of the growth of

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25

March

Emtec, Inc. Announces Acquisition of Luceo, Inc.

Marlton, NJ – Emtec, Inc. (OCTCBB: ETEC) (“Emtec” or the “Company”) announced today that it has acquired through its subsidiary, Emtec Global Services LLC, all of the outstanding stock of Luceo, Inc. headquartered in Naperville, IL. In 2006 Luceo was Ranked #1 from a Growth perspective in “The 2006 News India-Times-VII 100” listing. Siva Natarajan, who will remain as President of Luceo reporting directly to Dinesh Desai, Chairman, CEO, and President of Emtec said, “I’m excited about the opportunities for Luceo to grow as part of a larger enterprise like

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