(BSNS WIRE) ATEC and CBQ Announce Strategic Alliance
ATEC and CBQ Announce Strategic Alliance
Business & Technology Editors
COMMACK, N.Y.--(BUSINESS WIRE)--Sept. 6, 2001--ATEC Group, Inc.
(AMEX: TEC), a leading system integrator and provider of a full line
of information technology products and services, today announced that
it has formed a strategic partnership with CBQ, Inc (OTCBB:CBQI).
CBQ will be ATEC's sales representative in the Washington, D.C./
Baltimore area, to promote the distribution of the Nexar line of
personal computers and all other products and services to CBQ's
current customers including private enterprises as well as government
agencies. ATEC will provide all technical support and 24x 7 help desk
services.
" We are pleased to have a joint marketing alliance with CBQ Inc.
and are excited about ATEC's penetration into the Washington, D.C./
Baltimore market," said Surinder Rametra, Chairman and CEO of ATEC
Group, Inc.
Bart S. Fisher, Chairman and CEO of CBQ stated. "The synergies
between ATEC and CBQ are tremendous and go far beyond their
introduction to the Washington area. ATEC has demonstrated its ability
to be a leading systems integrator and solutions provider in the field
of computer technology and information systems. Further, ATEC's
several offshore alliances in India for software development and its
recent entry into IT -Enabled Services especially into call center,
help desk and telemarketing activities are in a parallel path with CBQ
efforts in China."
"This strategic partnership can leverage the strengths of each
company in today's global economy, aligning ATEC's strengths in
India's well-established technology industry and CBQ's involvement in
pioneering the technical wealth of China. By pooling our resources we
should be able to tap into the rapidly growing outsourcing trends and
fulfill today corporate needs," added Mr. Rametra.
About ATEC Group
Based in Commack, New York, ATEC Group, Inc., is a leading system
integrator and provider of a full line of information technology
solutions and services. Its Technology Integration Services "TIS"
division is a one-stop provider for the computer needs of enterprise
customers including businesses, government agencies and educational
institutions. TIS offers supply chain management, LAN/WAN, system
integration, staffing, Internet and e-commerce solutions. Our
IT-Enabled Services "ITES" will provide ATEC Group clients with a wide
range of services in Customer Relationship Management "CRM", including
Call-Center services, help-desk support, telemarketing, market
research, and back office operations. The Global Distribution is a B2B
division that offers a unique combination of price and delivery to
other resellers, retailers and enterprise customers. Nexar
Technologies is a registered trademark and PC manufacturing division
of the ATEC Group, Inc. For more information visit www.atecgroup.com,
www.ateccic.com, www.nexarusa.com
About CBQ, Inc.
CBQ, Inc. is a full service, end-to-end e-Business solution IT
provider, which offers a complete range of software and consulting
services such as custom application development, software outsourcing,
business-technology consulting, Internet and e-business consulting,
system integration, architects of the Internet infrastructure,
re-engineering, sustenance and provides service and maintenance with
offices in China and the US. CBQ has become distributor in the United
States for Superior Computer Corporation, the fifth-largest computer
producer in China. For more information on CBQ, Inc., visit
cbq.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: The statements that are not historical facts
contained in this press release are forward-looking statements that
involve certain risks and uncertainties including, but not limited to
risks associated with the uncertainty of future financial results,
additional financing requirements, development of new products,
government approval processes, the impact of competitive products or
pricing, technological changes, the effect of economic conditions and
other uncertainties detailed in the company's filings with the
Securities and Exchange Commission.
--30--ck/ny*
CONTACT: ATEC Group, Inc., Commack
Jim Charles, 631/543-2800
KEYWORD: NEW YORK
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS E-COMMERCE INTERNET
MARKETING AGREEMENTS
SOURCE: ATEC Group, Inc.
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