Information Technology Group, Inc. Acquires Xcelerate LLC. Combined Company will Operate as Arxis Technology, Inc.

Information Technology Group, Inc. is pleased to announce the acquisition of Xcelerate LLC -- a Chicago-based reseller of Sage Accpac ERP and Sage CRM software. The combined firm will now operate as Arxis Technology, Inc. and will serve over 450 clients in four major markets.

Los Angeles, CA; Chicago, IL (PRWEB) October 11, 2006

Information Technology Group, Inc. is pleased to announce the acquisition of Xcelerate LLC -- a Chicago-based reseller of Sage Accpac ERP and Sage CRM software. The combined firm will now operate as Arxis Technology, Inc. and will serve over 450 clients in four major markets.

The newly combined entity gives Xcelerate LLC (now Arxis -- Chicago) the ability to immediately expand their service offerings and increase the consulting resources available to their clients. It provides the team at ITG (now Arxis -- Los Angeles and Orange County) a formal presence in the strategic Chicago and Phoenix markets, and enhances their ability to serve large, national accounts.

Jean Sheridan, long-time Sage Accpac Consultant and Project Manager for ITG, will assume the position as Director of the Chicago practice for Arxis. A native of Chicago, Jean considers her return to the Windy City “a unique privilege and wonderful opportunity.” As a part of the transition, Jan Goodman, Founder and Principal of Xcelerate, will officially relocate to Scottsdale, AZ, and build the Phoenix practice.

“We are very pleased to join forces with the Xcelerate team. Adding this talented group increases our capacity to serve our existing clients as well as more effectively pursue larger clients with multiple locations across the country,” said David Cieslak, CPA and Arxis Technology Principal. “Jean Sheridan’s expertise, devotion to customer service, and knowledge of the ITG culture and service methodology make her the perfect choice to run our Chicago practice. With Jan directing Arxis –Phoenix, it’s simply the best ‘two-for-one’ opportunity we’ve ever encountered!” he added.

Jan Goodman anticipates a number of benefits for Arxis Technology clients in the Chicago and Phoenix markets. “As a part of Arxis Technology, we’ll have access to additional product offerings, application developers, network engineering resources, and an experienced staff with whom to collaborate. Our clients will derive significant benefit from this combination and we couldn’t be more thrilled,” commented Goodman. Added Goodman, “Working together as Arxis Technology, we’ll achieve much more than we could have separately.”

“We appreciate the commitment that ITG and Xcelerate have made to Sage Software and to our mutual clients over the last decade,” said Himanshu Palsule, Sage Software senior vice president and general manager, Accounting Solutions (ACS), Mid-Market Division. “Their dedication to exemplary customer service and our award-winning solutions has earned them well-deserved recognition as leading members of our business partner community. As these outstanding firms come together to form Arxis Technology, their combined resources will provide even greater potential to maximize the success of their current and future customers.”

What’s in a Name?

The combined resources and potential of the combined organization along with a national presence and reach precipitated the need for a new name going forward – Arxis Technology, Inc.

Bob Gaby, CPA and Arxis Principal explained how the name was selected. “With its root as the Latin word ‘arx,’ -- meaning ‘citadel or fortress’ -- Arxis was seen as representing strength, security, longevity, and trustworthiness.” Gaby explained. “As such, we feel it communicates our firm’s core values of unwavering integrity, proven expertise, and long-term relationships,” he added. Additionally, the name Arxis enables current and future clients to more easily identify and understand the services available from the firm’s sister accounting and financial planning entities -- Arxis Financial, Inc. and Arxis Wealth Management, LLC respectively.

About Arxis Technology, Inc.

Arxis Technology, Inc. is a technology consulting firm specializing in the implementation and support of accounting and business management software, custom application development, and network engineering and design. As resellers and consultants for Sage Accpac ERP, Sage MAS 90, Sage MAS 200, Sage MAS 500, Sage CRM, and Radio Beacon WMS, Arxis services clients from their locations in Los Angeles, Orange County, Chicago, and Phoenix.

For more information on Arxis, visit http://www.arxistechnology.com or call (866) 624-2600.

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