DecisionPoint Advises Information Technology Resources, Inc. on Acquisition of AniWorld, Inc.

DecisionPoint Advises Information Technology Resources, Inc. on Acquisition of AniWorld, Inc.

Charlotte, NC; July 5, 2005 — DecisionPoint International, a boutique investment bank providing merger and acquisition services to middle-market services and technology clients, announced today that its client, Information Technology Resources, Inc. (“ITresources”), a total technology provider that partners with its clients to provide high quality, cost-effective and timely solutions, has completed the acquisition AniWorld, Inc. (“AniWorld”), a Southern California-based privately held IT software development and application integration company specializing in .NET development. Headquartered in Pasadena, California, AniWorld has been in business for 10 years.

“We are excited to welcome AniWorld as a new division of ITresources,” stated Gary C. Gray, ITresources’ President and CEO. “This acquisition strengthens our .NET experience and expands our client base in the construction and government sectors,” Gray continued.

“This merger allows AniWorld to focus on their development opportunities by utilizing ITresources’ administrative operations and technical resources. This merger is exciting for everyone at AniWorld and our clients. It provides our clients with an immediate solution for managed services with ITresources’ core competencies,” said Justin Cohen, founder and President of AniWorld. “AniWorld uses a rigorous methodology for both custom software development and financial/project controls integration. Combined, our two companies can offer even greater services and support to our clients.”

AniWorld will continue to operate as a separate entity with Justin Cohen as President of this division. AniWorld will also remain in their current facilities in Pasadena.

About Information Technology Resources, Inc.
ITresources is a total technology provider that partners with its clients to provide high quality, cost-effective and timely solutions. ITresources has been certified by the SEI at CMM Level 5. ITresources’ services include:

  • Application Management Services – E-Commerce, Web-Enabled Solutions, Systems Development, Application Maintenance
  • Enterprise Management Services – Data Center Operations, Web-Development and Hosting, Network Services, Desktop Support, Telecom Solutions and Help Desk
  • ITR Solutions – IT staffing for contract and permanent placement.

For additional information on ITresources, visit www.itrweb.com.

About AniWorld, Inc.
AniWorld develops complete solutions based on well-proven Microsoft technologies. As a Microsoft Certified Gold Partner, AniWorld’s highly-trained and certified staff develops robust, well-designed, scalable solutions. As the number one integrator for Primavera Software, AniWorld has a proven track record of successful integrations. For additional information on AniWorld, visit www.aniworld.com.

About DecisionPoint International
DecisionPoint is a global leader in M&A advisory services for middle-market technology companies in the services, software, and communication sectors. For additional information on DecisionPoint, visit www.DecisionPointInt.com.

For further information, contact:
DecisionPoint International: Doug Ellis, Managing Partner; (704) 248-1122; DEllis@DecisionPointInt.com