Easley, SC – (MARKET WIRE) – June 01, 2010 – CSI Technology Outfitters (Computer Software Innovations, Inc. OTCBB: CSWI.OB), a leading provider of software and technology solutions primarily for the public sector, has ranked number 356 in the 2010 VARBusiness 500 national ranking of IT solution providers, improving its position from 382 in 2009. This is the company’s 7th consecutive year in the rankings.
“We are pleased to receive this recognition once again in 2010, particularly in light of the challenging economic conditions last year” said company CEO Nancy Hedrick. “Our entire team deserves credit for this honor. They remain focused on delivering outstanding solutions to the public sector.”
“The VAR 500 is the who’s who of the solution provider community. Microsoft, HP, Cisco, Symantec among others are highly reliant on the VAR 500 to sell their products to businesses and collectively this audience generated more than $500B in sales in 2009. Even more importantly they solve customers’ biggest IT business problems through product integration, training, consulting and services. In companies large and small, the VAR 500 are considered integration experts, trusted business advisors and invaluable partners. We are honored to compile this list and represent this audience,” said Kelley Damore, VP, Editorial Director, Everything Channel.
The complete listing of the VAR500 is published in print and online at CRN.com on May 24, 2010.
“CSI continues to develop software solutions for our clients combined with providing the best-of-breed technologies”, said Hedrick. “The current economic downturn has presented many challenges to our public sector clients and we continue to work hard to help them maximize the effectiveness of their software and technology purchases. .”
About Computer Software Innovations, Inc.
CSI provides software and technology solutions to public sector markets. CSI software solutions have established the Company as a major software provider in the southeast education market including through its award winning financial management solutions for the education and local government market sectors. CSI’s Version3 products, which include identity and access management and cloud-based communication and collaboration solutions, expand CSI’s presence beyond the southeast and internationally.
The CSI 21st Century Connected School solution has established the Company as a major technology provider to the southeast education market. CSI 21st Century Connected School is a seamless integration of instruction, collaboration, and network solutions. CSI financial management applications and the 21st Century Connected School solutions have been a significant factor in nearly doubling revenue in the past three years to over $50 million and increasing education revenue contribution to approximately 90% of total revenue.
The CSI solution portfolio encompasses proprietary financial management software specialized for the public sector, lesson planning and identity and access management software, cloud-based communication and collaboration solutions, SharePoint development, network infrastructure and end device solutions, IP telephony and IP convergence applications, network management solutions and managed services, and interactive classroom technologies. More information about CSI (OTCBB: CSWI.OB) is available at www.csioutfitters.com.
Everything Channel is the premier provider of IT channel-focused events, media, research, consulting, and sales and marketing services. With over 30 years of experience and engagement, Everything Channel has the unmatched channel expertise to execute integrated solutions for technology executives managing partner recruitment, enablement and go-to-market strategy in order to accelerate technology sales. Everything Channel is a UBM company. To learn more about Everything Channel, visit us at http://www.everythingchannel.com.
About United Business Media Limited (www.unitedbusinessmedia.com)
UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM’s businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists – with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently.
Everything Channel Contact: Jill Aaronson
516 562 7847
Company Contact: David Dechant
Computer Software Innovations, Inc.
Investor Contact: Daniel Conway
DC Consulting, LLC
Forward-Looking and Cautionary Statements
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Among other things, these statements relate to our financial condition, results of operations and future business plans, operations, opportunities and prospects. In addition, we and our representatives may from time to time make written or oral forward-looking statements, including statements contained in filings with the Securities and Exchange Commission and in our reports to stockholders. These forward-looking statements are generally identified by the words or phrases “may,” “could,” “should,” “expect,” “anticipate,” “plan,” “believe,” “seek,” “estimate,” “predict,” “project” or words of similar import. These forward-looking statements are based upon our current knowledge and assumptions about future events and involve risks and uncertainties that could cause our actual results, performance or achievements to be materially different from any anticipated results, prospects, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are not guarantees of future performance. Many factors are beyond our ability to control or predict. You are accordingly cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date that we make them. We do not undertake to update any forward-looking statement that may be made from time to time by or on our behalf.
In our most recent Form 10-K, we have included risk factors and uncertainties that might cause differences between anticipated and actual future results. We have attempted to identify, in context, some of the factors that we currently believe may cause actual future experience and results to differ from our current expectations regarding the relevant matter or subject area. The operations and results of our software and systems integration businesses also may be subject to the effects of other risks and uncertainties, including, but not limited to:
• a reduction in anticipated sales;
• an inability to perform customer contracts at anticipated cost levels;
• our ability to otherwise meet the operating goals established by our business plan;
• market acceptance of our new software, technology and services offerings;
• an economic downturn; and
• changes in the competitive marketplace and/or customer requirements.