Advantage Networking, Inc. and Chiptel Networks Merge

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Advantage Networking, Inc. and ChipTel Networks, both leading providers of Network Consulting in South Florida, today formally announced that the two companies have agreed to combine in a merger of equals under the Advantage Networking corporate umbrella.

Advantage Networking, Inc. and ChipTel Networks, both leading providers of Network Consulting in South Florida, today formally announced that the two companies have agreed to combine in a merger of equals under the Advantage Networking corporate umbrella.

The merger will create a leading provider of networking, development and security services in Florida. The new company expects to generate growth and provide an enhanced product offering to a complementary Florida customer base.

Strategic Rationale

Bringing together Advantage Networking and ChipTel Networks makes great sense strategically, financially and culturally. Our two companies have significant complementary strengths that will allow us to deliver the most comprehensive networking, development and security service solutions in the industry." said Mark Akins, President of ChipTel Networks, who will become Co-CEO of the new company, focusing on sales, R&D, and operations. "As an emerging leader in the Network Consulting industry, we will be in a much stronger position to expand our business portfolio and strengthen our national presence."

Advantage Networking, Inc. and ChipTel Networks complement each other well in terms of product offering, geographical presence, customers and distribution channels. Both companies supply networking, development and security service solutions. Additionally, both companies are headquartered in South Florida, and operate nationally.

"Our combined financial strength, strong product and service portfolio and diversified sales base will be very appealing to clients when they choose an integrator to implement their infrastructure rollout and future." said Steve Finizio, CEO of Advantage Networking, Inc., who will also become Co-CEO of the new company, focusing mainly on business development, strategy, marketing and financial markets issues.

The combined company will now have the opportunity to leverage both companies' technology and expertise, and will allow duplicate resources to be re-deployed to faster facilitate the introduction of next generation technologies and additional feature developments of products and services. “All of our engineers are industry certified professionals and we are committed to technical excellence and customer satisfaction. Our mission is to be the premier solution architect and integrator of proven and advanced information technologies.”

About Advantage Networking, Inc.

Advantage Networking, Inc is a vendor-independent Network consulting firm, serving customers throughout the State of Florida. They specialize in the design, implementation and on-going support of enterprise local and wide area networks (LAN and WAN), intranets, extranets, Internet connectivity, as well as Internet and network security, including firewalls, wireless and Virtual Private Networks.

About ChipTel Networks

ChipTel helps organizations achieve important business goals through the efficient implementation of advanced communication technologies. They have developed a repository of proven methods, knowledge, ideas, tools and best practices to help plan, implement and monitor network infrastructure. They also specialize in the design, implementation of enterprise networks, as well as software development, including such programming languages as Java, JSP, C# and ASP.

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Mark Akins
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