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CRWENews Highlights: DTLK, PRO, HIL; Datalink Completes the Purchase of Incentra, LLC's Reseller Business
(M2 PressWIRE Via Acquire Media NewsEdge) Las Vegas CRWENews.com is pleased to announce a stock highlight on -Datalink (Nasdaq: DTLK), a leading provider of data center infrastructure and services, today December 17, 2009 December 17, 2009 announced that it has completed the purchase of the Incentra, LLC reseller business. Based in Broomfield, Colo., Incentra offers data center infrastructure solutions and services to enterprise companies. With a purchase price of $8.8 million in cash, the acquired Incentra technology, consulting and first call support services business represents an estimated $90 million - $100 million in annualized revenue and approximately 2,000 enterprise customers throughout the U.S.
About Datalink
A virtual data center infrastructure and services provider Datalink helps organizations store, manage, and protect one of their most critical assets--information. The company's solutions and services span four practices: backup and recovery; consolidation and virtualization; archive and compliance; and business applications. From analysis and design to implementation, management, and support, Datalink is focused on maximizing the business value of IT. For more information about Datalink services, contact Datalink at (800) 448-6314, or visit Datalink online at www.datalink.com.
PROS Partners with Cast Iron Systems to Simplify Integration
PROS (NYSE: PRO), the world leader in enterprise pricing software, announced today December 17, 2009 that it has teamed with Cast Iron Systems, the #1 SaaS and Cloud Integration Company, to simplify application integration for their customers. PROS is now a Platinum-level Powered By Cast Iron partner, offering dramatically simplified interface development and integration between its profitability management and optimization software product, PROS Pricing Solution Suite, and the wide variety of business applications, including SAP, Oracle eBusiness Applications, Salesforce.com and Microsoft Dynamics. PROS customers can use Cast Iron's integration solutions to rapidly connect the PROS Pricing Solution Suite with hundreds of applications in real-time to access information locked away in these applications.
About Cast Iron Systems
Founded in 2001, Cast Iron Systems is the #1 SaaS and Cloud Integration Company. Cast Iron has thousands of deployed customer integrations across all industries and around the world at companies such as Allianz, British American Tobacco (BAT), Amerisource Bergen, Emerson, IBA Molecular, Krueger International, Peet's Coffee & Tea, PGP Corporation, and salesforce.com, among many others. All are benefiting from the simplicity, speed, and flexibility of the Cast Iron Integration Solution, which enables them to integrate Cloud-based and SaaS applications with the rest of the enterprise in just days. Backed by Sequoia Capital, Norwest Venture Partners, and Tenaya Capital. Cast Iron is privately held and led by experienced technology executives from Informatica, Oracle, PeopleSoft, Siebel, Vitria, and webMethods.
About PROS
PROS Holdings, Inc. is the leading provider of pricing and revenue optimization software products, specializing in price analytics, price execution, and price optimization. By using PROS software products, companies gain insight into their pricing strategies, identify pricing-based profit leaks, optimize their pricing decision making and improve their business processes and financial performance. PROS software products implement advanced pricing science, which includes operations research, forecasting and statistics. PROS high performance software architecture supports real-time high volume transaction processing and allows PROS to handle the processing and database requirements of the most sophisticated and largest customers, including customers with hundreds of simultaneous users and sub-second electronic transactions. PROS provides professional services to configure its software products to meet the specific pricing needs of each customer. PROS has implemented over 200 solutions across a range of industries in more than 40 countries.
Hill International Selected to Manage the Construction of Qatar Silhouette Tower - Intercontinental Hotel and Conference Centre Hill International (NYSE:HIL), the global leader in managing construction risk, announced today December 17, 2009 that it has been awarded a contract by Qatar Islamic Bank to provide project and construction management services for the iconic Qatar Silhouette Tower - Intercontinental Hotel and Conference Centre in Doha. Hill's role is to manage the completion of the partially constructed works.
The project comprises a 59-story tower comprising 365 hotel rooms and 180 serviced apartments. An internal garden shall be constructed linking the main tower building. The construction cost is approximately $400 million with a completion period of 16 months.
About Hill International Inc.
Hill International, with 2,300 employees in 80 offices worldwide, provides program management, project management, construction management and construction claims and consulting services. Engineering News-Record magazine recently ranked Hill as the 8th largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
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Forward-Looking Statement: This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements and/or Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
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