Virtus Partners Becomes Anexinet

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Name change supports recent merger of two Philadelphia-based information technology providers.

The Anexinet brand is well established in the Philadelphia region, and continues to emerge in New York City and Washington DC areas.

Virtus Partners LLC, a leading infrastructure firm specializing in data center management and optimization, will begin working under the unified company name of "Anexinet", a premier systems integration firm--specializing in application development, business intelligence, business process management, and enterprise project management solutions. The Virtus Partners name and brand will be phased out over the next month.

Since April 2008, when the companies merged their services, 175+ staff and best practices, the expanded Anexinet management team has worked to become a single IT provider with stronger technology offerings for enterprise, mid-market, and government customers in the Northeast and Mid-Atlantic regions. Three major outcomes occurred during this three month transition:

  • Realignment into two operating divisions--Technology Services Organization (TSO) and Professional Services Organization (PSO). The TSO will manage Anexinet's growing software and hardware vendor portfolio, such as product reselling, renewals, and service level agreements. The PSO is responsible for Anexinet's IT strategy management, PMI®/PMP® trained and certified project managers and consultants, project delivery, and customer training.
  • Virtus Partners' East Norriton, Pennsylvania office will become the corporate headquarters of Anexinet. Anexinet's executive management team will co-locate in East Norriton, bringing together John Connolly, Anexinet's new Chief Executive Officer (formerly Virtus Partners CEO); Diego Calderin, Anexinet President (formerly Anexinet CEO); Ken Foreman, Anexinet's new Chief Operating Officer and Chief Financial Officer (formerly Virtus Partners COO and CFO); and John Parker, Anexinet Chief Technology Officer. Anexinet's former headquarters in King of Prussia, Pennsylvania will convert into one of the company's Near-Site® Development Centers and the base location for many of the company's project managers, consultants and developers.
  • Combined complementary strategic alliances with leading business applications and technical hardware/software vendors to offer end-to-end implementation services to customers. Alliances include Oracle (BEA), Hewlett-Packard (HP), Microsoft, VMWare, Metastorm, RSA Security, EMC, Avectra, and Altosoft.

"John Connolly and I have been helping each other succeed for many years as industry counterparts and as colleagues since Actium Corp. in the 1990's," explains Diego Calderin, Anexinet's President. "The improved Anexinet name is a merger of equals allowing us to remain flexible and responsive for our customers."

"The Anexinet brand is well established in the Philadelphia region, and continues to emerge in New York City and Washington DC areas." explains new Anexinet CEO John Connolly. "Retaining the Anexinet name just made sense given the industry awards and name recognition it has accomplished."

Anexinet's name and brand is centered on the concept of "The X Factor," those intangible qualities in experience and delivery approach that set one firm above the rest. The tagline, "Where leading edge technology meets competitive advantage," hold true for all customers. The promise "To deliver real value by integrating useful technology in a timely fashion at a fair price," was a founding mission statement that has propelled long-standing client relationships with companies such as Exelon, SEI Investments, City of Philadelphia, and Independence Blue Cross.

To view additional details on the April 2008 merger between Anexinet and Virtus Partners, visit http://www.anexinet.com/news/2008_04_17.asp

About Anexinet

Anexinet, an award-winning solutions provider, value-added reseller, and certified education center, applies leading-edge technology to complex business challenges, resulting in simplified business processes, stronger IT organizations and competitive advantages. Anexinet offers infrastructure optimization, application development, and enterprise project management services to mid-size and Fortune 1000 companies and government agencies. Anexinet's experienced consultants ensure the success of clients' solutions through the company's Program Management Office (PMO) and a pragmatic approach that combines industry best practices experience with the company's innovative S.A.F.E-T2 software delivery model. Anexinet Near-Siteā„¢ Development Centers enable project teams to design, develop and test client solutions within minutes of a client's location. Headquartered in Philadelphia, Anexinet has regional offices throughout the Delaware Valley and metropolitan New York City and Washington, D.C. areas. For more information, visit http://www.anexinet.com.

Anexinet: Where Leading-Edge Technology Meets Competitive Advantage

S.A.F.E-T2 and Near-Site Development Centers are trademarks of Anexinet Corporation.

All other products and trademarks referred to are the property of their respective owners.

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Jim Tagliaferri
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