Emtec Inc (ETEC) 0.6000 $ETEC
Emtec Raises Growth Capital
Business Wire - Wed Apr 08, 2:53PM CDT
Emtec, Inc., a leading consulting firm providing industry specific transformative digital solutions, today announced that it completed a round of growth capital with New Partners: MB Financial and Star Mountain Capital, and received an additional investment from NewSpring Capital. Proceeds from the round were used to finance both the acquisition of Lucidity Consulting Group and to fund long-term growth.
MBFI: 30.89 (-0.55)
Emtec Raises Capital Growth
Business Wire - Tue Apr 07, 5:38PM CDT
Emtec, Inc., a leading consulting firm providing industry specific transformative digital solutions, today announced that it completed a round of growth capital with New Partners: MB Financial and Star Mountain Capital, and received an additional investment from NewSpring Capital. Proceeds from the round were used to finance both the acquisition of Lucidity Consulting Group and to fund long-term growth.
MBFI: 30.89 (-0.55)
Emtec Acquires Lucidity Consulting Group, significantly enhancing its Digital Transformation capabilities as well as expertise within the Utilities Industry
Business Wire - Mon Apr 06, 9:20AM CDT
Emtec, Inc., a leading consulting firm providing industry specific transformative digital solutions, announces the acquisition of Lucidity Consulting Group (Lucidity), effective April 2, 2015. Lucidity (www.luciditycg.com), based in Irving, Texas, is an information technology consulting firm that provides advisory, integration, and managed services across the Utilities, Manufacturing and Distribution sectors. The acquisition significantly complements and expands Emtec's consulting services including additional expertise in the Utilities and Manufacturing industries.
MBFI: 30.89 (-0.55)
Emtec Announces Appointment of New Chief Information Officer with a Charter of Innovation
Business Wire - Thu Jun 12, 8:15AM CDT
Emtec today announced it has appointed Bart HJ De Maertelaere to the position of Chief Information Officer (CIO), responsible for the design and delivery of IT initiatives to support and enable the company's 500 associates who service Emtec's clients worldwide.
Emtec Inc. Announces Acquisition Of Luceo Inc.
EWorldWire - Wed Mar 26, 11:10AM CDT
Emtec Inc. (OTCBB: ETEC) ("Emtec" or the "Company"
today announced that it has acquired through its subsidiary, Emtec Global Services LLC, all of the outstanding stock of Luceo Inc. headquartered in Naperville, Ill. In 2006, Luceo was ranked #1 from a growth perspective in, "The 2006 News India-Times-VII 10" 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 Emtec."
Emtec Inc. Announces 1st Quarter 2008 Results
EWorldWire - Sat Jan 19, 12:10PM CST
Emtec, Inc. (OCTBB: ETEC) today announced that for the quarter ended November 30, 2007 revenue was $74.6 million, a 15% increase from $64.9 million for the quarter ended November 30, 2006. Operating income was up 807% at $2.50 million, with net income of $1.2 million, or $0.09 per share, compared to operating income of $276 thousand and net income of $33 thousand for the quarter ended November 30, 2006.
CHART AVAILABLE: Emtec Inc. Announces Fiscal 2007 Results
EWorldWire - Sat Dec 01, 7:20AM CST
Emtec, Inc. (OCTBB: ETEC), an Information Technology Systems and Services Company announced today its results for the quarter and year ended August 31, 2007.
Emtec, Inc. Announces Appointment Of Blaul, Executive Vice-President Of Sales & Marketing
EWorldWire - Tue Nov 20, 12:30PM CST
Emtec, Inc. (OTCBB: ETEC), an information technology systems and services company, today announced that it has appointed Frank Blaul as executive vice president of sales and marketing of Emtec and Emtec Federal. Mr. Blaul will report to Ron Seitz, president of Emtec Systems Division.
Emtec Announces Army Contract Award
EWorldWire - Fri Jan 12, 8:40AM CST
Emtec, Inc. (OTCBB: ETEC), an information technology services company, today announced that its subsidiary, Westwood Computer Corporation, was one of only nine companies awarded the U.S. Army's ADMC-2 (Army Desktop And Mobile Computing) contract. This contract, which is the Army's primary source for a variety of microcomputers and peripheral products, is valued at $5B over 10 years.
Emtec, Inc. Announces Intent To Acquire CMI
EWorldWire - Fri Dec 29, 11:40AM CST
Emtec, Inc. (OTCBB: ETEC), an information technology systems and services company, today announced that it has executed a stock purchase agreement to acquire the outstanding stock of Configuration Management, Inc. (CMI), headquartered in Red Bank, N.J. "With this acquisition we will begin the development of Emtec Global Services, a division of Emtec focused on software services with a global delivery capability," said Dinesh Desai, Emtec chairman, CEO and president. "This action will complement the enterprise infrastructure services provided by our existing Emtec Systems Division." Completion of the acquisition is subject to certain closing conditions and is expected to occur in early 2007. CMI has locations in Red Bank, N.J., and Richmond, Va.
Emtec, Inc. Announces Reorganization
EWorldWire - Wed Dec 06, 9:00PM CST
Emtec, Inc. (OCTCBB: ETEC), an information technology systems and services company, today announced that it has completed the organizational integration of its Emtec and Westwood divisions. The two companies had merged in an all stock transaction in August, 2005. The integrated business will operate as Emtec Systems, headed by Dr. Ronald Seitz as its president. Dr. Seitz was previously president and chief operating officer of Emtec before its merger with Westwood. He has been with the company for over 26 years.
Emtec Announced The Election Of Outside Director Robert J Mannarino
EWorldWire - Wed Jun 07, 11:30AM CDT
Emtec, Inc. (OTCBB: ETEC), an information technology company, today announced its board of directors has elected Robert J. Mannarino to serve as an independent outside director.
CDI: 13.13 (-0.05)
Emtec Raises Growth Capital
Business Wire - Wed Apr 08, 2:53PM CDT
Emtec, Inc., a leading consulting firm providing industry specific transformative digital solutions, today announced that it completed a round of growth capital with New Partners: MB Financial and Star Mountain Capital, and received an additional investment from NewSpring Capital. Proceeds from the round were used to finance both the acquisition of Lucidity Consulting Group and to fund long-term growth.
MBFI: 30.89 (-0.55)
Emtec Raises Capital Growth
Business Wire - Tue Apr 07, 5:38PM CDT
Emtec, Inc., a leading consulting firm providing industry specific transformative digital solutions, today announced that it completed a round of growth capital with New Partners: MB Financial and Star Mountain Capital, and received an additional investment from NewSpring Capital. Proceeds from the round were used to finance both the acquisition of Lucidity Consulting Group and to fund long-term growth.
MBFI: 30.89 (-0.55)
Emtec Acquires Lucidity Consulting Group, significantly enhancing its Digital Transformation capabilities as well as expertise within the Utilities Industry
Business Wire - Mon Apr 06, 9:20AM CDT
Emtec, Inc., a leading consulting firm providing industry specific transformative digital solutions, announces the acquisition of Lucidity Consulting Group (Lucidity), effective April 2, 2015. Lucidity (www.luciditycg.com), based in Irving, Texas, is an information technology consulting firm that provides advisory, integration, and managed services across the Utilities, Manufacturing and Distribution sectors. The acquisition significantly complements and expands Emtec's consulting services including additional expertise in the Utilities and Manufacturing industries.
MBFI: 30.89 (-0.55)
Emtec Announces Appointment of New Chief Information Officer with a Charter of Innovation
Business Wire - Thu Jun 12, 8:15AM CDT
Emtec today announced it has appointed Bart HJ De Maertelaere to the position of Chief Information Officer (CIO), responsible for the design and delivery of IT initiatives to support and enable the company's 500 associates who service Emtec's clients worldwide.
Emtec Inc. Announces Acquisition Of Luceo Inc.
EWorldWire - Wed Mar 26, 11:10AM CDT
Emtec Inc. (OTCBB: ETEC) ("Emtec" or the "Company"
today announced that it has acquired through its subsidiary, Emtec Global Services LLC, all of the outstanding stock of Luceo Inc. headquartered in Naperville, Ill. In 2006, Luceo was ranked #1 from a growth perspective in, "The 2006 News India-Times-VII 10" 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 Emtec." Emtec Inc. Announces 1st Quarter 2008 Results
EWorldWire - Sat Jan 19, 12:10PM CST
Emtec, Inc. (OCTBB: ETEC) today announced that for the quarter ended November 30, 2007 revenue was $74.6 million, a 15% increase from $64.9 million for the quarter ended November 30, 2006. Operating income was up 807% at $2.50 million, with net income of $1.2 million, or $0.09 per share, compared to operating income of $276 thousand and net income of $33 thousand for the quarter ended November 30, 2006.
CHART AVAILABLE: Emtec Inc. Announces Fiscal 2007 Results
EWorldWire - Sat Dec 01, 7:20AM CST
Emtec, Inc. (OCTBB: ETEC), an Information Technology Systems and Services Company announced today its results for the quarter and year ended August 31, 2007.
Emtec, Inc. Announces Appointment Of Blaul, Executive Vice-President Of Sales & Marketing
EWorldWire - Tue Nov 20, 12:30PM CST
Emtec, Inc. (OTCBB: ETEC), an information technology systems and services company, today announced that it has appointed Frank Blaul as executive vice president of sales and marketing of Emtec and Emtec Federal. Mr. Blaul will report to Ron Seitz, president of Emtec Systems Division.
Emtec Announces Army Contract Award
EWorldWire - Fri Jan 12, 8:40AM CST
Emtec, Inc. (OTCBB: ETEC), an information technology services company, today announced that its subsidiary, Westwood Computer Corporation, was one of only nine companies awarded the U.S. Army's ADMC-2 (Army Desktop And Mobile Computing) contract. This contract, which is the Army's primary source for a variety of microcomputers and peripheral products, is valued at $5B over 10 years.
Emtec, Inc. Announces Intent To Acquire CMI
EWorldWire - Fri Dec 29, 11:40AM CST
Emtec, Inc. (OTCBB: ETEC), an information technology systems and services company, today announced that it has executed a stock purchase agreement to acquire the outstanding stock of Configuration Management, Inc. (CMI), headquartered in Red Bank, N.J. "With this acquisition we will begin the development of Emtec Global Services, a division of Emtec focused on software services with a global delivery capability," said Dinesh Desai, Emtec chairman, CEO and president. "This action will complement the enterprise infrastructure services provided by our existing Emtec Systems Division." Completion of the acquisition is subject to certain closing conditions and is expected to occur in early 2007. CMI has locations in Red Bank, N.J., and Richmond, Va.
Emtec, Inc. Announces Reorganization
EWorldWire - Wed Dec 06, 9:00PM CST
Emtec, Inc. (OCTCBB: ETEC), an information technology systems and services company, today announced that it has completed the organizational integration of its Emtec and Westwood divisions. The two companies had merged in an all stock transaction in August, 2005. The integrated business will operate as Emtec Systems, headed by Dr. Ronald Seitz as its president. Dr. Seitz was previously president and chief operating officer of Emtec before its merger with Westwood. He has been with the company for over 26 years.
Emtec Announced The Election Of Outside Director Robert J Mannarino
EWorldWire - Wed Jun 07, 11:30AM CDT
Emtec, Inc. (OTCBB: ETEC), an information technology company, today announced its board of directors has elected Robert J. Mannarino to serve as an independent outside director.
CDI: 13.13 (-0.05)
