Press Releases
MTM Technologies Wins the 2006 VARBusiness Editor?s Choice Award
MTM Technologies Recognized as a Top North American Technology IntegratorSTAMFORD, CT – June 14, 2006 – MTM Technologies, Inc. (NASDAQ: MTMC), a leading national provider of innovative IT solutions and services to Global 2000 and mid-size companies, today announced that it has received special recognition by CMP Technology’s VARBusiness magazine as one of North America’s top technology integrators. In a ceremony held yesterday in conjunction with the VARBusiness 500 Conference in New York City, MTM Technologies was presented with the 2006 Editor’s Choice award. The award was received by MTM Technologies’ CEO, Francis J. Alfano.
The Editor’s Choice award is determined by the editors of VARBusiness and is given to an organization that sets itself apart by either adopting new business models, embracing new technologies, penetrating new markets, or defining best practices. MTM Technologies, which provides comprehensive IT solutions from the design and implementation of new systems to ongoing managed services and support, has achieved remarkable growth and success with a unique, nationally-scaled business model, and, with this award, has gained national, third-party recognition as a top technology integrator in North America.
"This company is all about growth. It has realized a 94% increase in total revenue over the previous year, reaching number 226 on this year’s VARBusiness 500 list, and has experienced tremendous growth in its employee base, moving from 150 to over 700 employees, with operations in 26 cities." says Lawrence Walsh, editor of VARBusiness magazine.
“It is a great honor to be singled out among the entire VARBusiness 500 list as an undisputed industry leader and recipient of the 2006 Editor’s Choice award,” said Mr. Alfano. “We are very excited about the successes we have achieved and the progress we have made over the past year, as we execute on our strategy to become the preeminent provider of IT solutions and services to mid-sized corporations across the United States. We enjoyed strong growth over the past year and our momentum continues as a result of our domain expertise, strategic partnerships, and proven history of delivering business results for our customers.”
The company will be featured in a special issue to be published on July 10, which will name the 2006 VARBusiness 500 award winners.
About MTM Technologies, Inc.
MTM Technologies, Inc. is a leading national provider of innovative IT solutions and services to Global 2000 and mid-size companies. Partnered with industry-leading technology providers such as Cisco, Citrix, Microsoft, HP, Sun Microsystems, EMC and Avaya, MTM Technologies’ practice areas include access infrastructure, IP telephony, enterprise storage, security and network and systems infrastructure. Service areas include managed services, consulting, professional IT staffing and implementation. For more information, visit http://mtm.com/.
About VARBusiness Magazine
For the past 19 years, VARBusiness’ strategic resources have been the gateway to the Solution Provider community. VARBusiness provides strategic insight for technology integrators through industry-defining research, in-depth editorial, channel events and innovative Web services, enabling these IT professionals to make educated decisions for their businesses, partnerships and customers. VARBusiness has been the recipient of numerous industry awards for both editorial content and design. Additional information about VARBusiness products, events and services, is available at its Web site, www.varbusiness.com.
“Safe Harbor” Statement Under the Private Securities Litigation Reform Act of 1995
The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include MTM Technologies' entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in MTM Technologies' Securities and Exchange Commission filings. The forward looking statements in this press release speak only as of the date hereof and MTM Technologies disclaims any obligation to provide updates, revisions or amendments to any forward looking statement to reflect changes in MTM Technologies’ expectations or future events.
For more information, contact:
Timothy Dolan
Senior Managing Director
Integrated Corporate Relations, Inc.
203-682-8200
timothy.dolan@ircinc.com
Michael El-Hillow
Chief Financial Officer
MTM Technologies, Inc.
203-975-3750
inverstorrelations@mtm.com
Allen Bloomfeld
Vice President, Marketing Communications
MTM Technologies, Inc.
203-975-3750
inverstorrelations@mtm.com
Source: MTM Technologies, Inc.
