Strategic Partnership Worth Over $3 Million in Revenue Announced in 1998

Datatec Systems, Inc., a subsidiary of Glasgal Communications, Inc., has formed a strategic business partnership with Progressive Software, Inc. to provide custom software solutions to large restaurants and specialty retail chains. According to Christopher Carey, President of Datatec Systems, this partnership will enable Progressive Software to offer its customers innovative software along with rapid deployment solutions that minimize downtime and ensure quality installations. The partnership is estimated to be worth over $3 million in revenue for calendar 1998, building on the $500,000 worth of installations completed by Datatec Systems for Progressive Software in 1997.

Key Takeaways:

• The strategic partnership between Datatec Systems and Progressive Software is expected to generate revenue worth over $3 million in calendar 1998.
• Datatec Systems specializes in the rapid deployment of network and computing technologies for Fortune 1,000 companies, system manufacturers, system integrators, and independent software vendors.
• The partnership enables Progressive Software to offer its customers innovative software along with rapid deployment solutions that minimize downtime and ensure quality installations.
• Datatec Systems utilizes proprietary software tools, a team of professionals in 19 offices, and five staging and configuration centers across North America to significantly reduce configuration and deployment time.
• The company's accelerated implementation helps its customers improve business performance and return on investment.
• Datatec Systems previously completed the installation of Progressive Software products worth approximately $500,000 in 1997 at several prominent restaurants and specialty retailers.
• The partnership reinforces the strong market acceptance of Datatec Systems' ability to rapidly deploy and implement network and computing technologies.

Statistics:

• Estimated revenue from the partnership: over $3 million in calendar 1998.
• Revenue from previous installations: $500,000 in 1997.
• Number of offices: 19 offices across North America.
• Configuration centers: 5 staging and configuration centers across North America.

Sources:

• Glasgal Communications, Inc. (Source: PR Newswire, January 8, 1998)
• Datatec Systems, Inc. (Source: PR Newswire, January 8, 1998)
• Progressive Software, Inc. (Source: PR Newswire, January 8, 1998)
• Technology Solutions (Source: PR Newswire, January 8, 1998)
• The MWW Group (Source: PR Newswire, January 8, 1998)
• PR Newswire (Source: January 8, 1998)