generationE Technologies Makes Pivotal Move to Align With IBM's Full Line of Service Management Solutions

generationE divests BMC Remedy practice as a critical step towards business focus and its strategic commitment with IBM Tivoli

OAK BROOK, Ill., May 27 /PRNewswire/ -- Oak Brook-based generationE Technologies, a leading provider of IT Service Management and Service Assurance solutions, recently announced a definitive agreement to divest its BMC Remedy division to TuringSMI Group Limited, as part of its final step in moving to become an end-to-end IBM Tivoli solution provider.

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generationE's sales growth of over 200% in a five year span and recent market expansion into new geographies have been primarily due to their business in the IBM Service Management domain. "I am impressed with generationE's significant commitment to both IBM and the Service Management market where they have a strong record of customer success and innovation," comments Bob Jones, VP of Software Sales, Tivoli Americas, IBM.

"Advancement in platform technologies together with strategic acquisitions by the major software providers has finally enabled serious solution providers to provide a fully integrated set of Service Management and Service Assurance solutions by a single vendor," said Casey Kindiger, CEO of generationE Technologies.

The decision to sell the BMC practice to TuringSMI Group Limited, a leading global provider of BMC Business Service Management solutions, came after thorough evaluation of a strategy that would allow generationE to focus on the IBM Tivoli market. It is also strongly felt to be in the best interests of the company's BMC Remedy customers and employees.

"I am confident that the combination of generationE's talented group of Remedy professionals and TuringSMI's proven success will deliver continued value to our BMC customers," noted Kindiger.

The acquisition, expected to close in less than 40 days, will see TuringSMI take complete responsibility for generationE's extensive BMC customer base.

About generationE Technologies

Headquartered in Oak Brook, Illinois, generationE Technologies is a premier IT professional services firm focused on IBM service management and service assurance solutions. As a full-service IBM partner, they offer the full portfolio of Tivoli solutions, as well as integration services that span from out-of-the-box implementations to full-scale deployments.

Additionally, generationE offers Tivoli-based Solution Accelerators and a portfolio of Managed Services offerings such as software support, training and administration. generationE Technologies serves customers across North America and Europe. For more information please visit: http://www.generationetech.com/

About TuringSMI Group

Headquartered in Fareham, UK, TuringSMI Group is an ISO9001:2000 certified global leader in Business Service Management (BSM) solutions. The company also provides specific vertical market Service Management solutions to the Telecommunications and Capital Markets industries.

TuringSMI has been a BMC Remedy partner since the early nineties providing a range of professional services and support services based on BMC Remedy software. TuringSMI has since undertaken some of the largest deployments of BMC Software implementations in the world. Further information about TuringSMI can be found at http://www.turingsmi.com/

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Source: generationE Technologies

CONTACT: James Hanson of Noiseworks, +44 (0)1628 628080,
turingsmi@noiseworks.com for TuringSMI; or Payal Kindiger of generationE
Technologies, +1-949-325-0092, Payal.Kindiger@generationEtech.com

Web site: http://www.generationetech.com/
http://www.turingsmi.com/


2008-05-27 17:04:43 0371074 PRNEWSWIRE

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