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AETEA Acquires ecipient Technologies

ROCKVILLE, Md., Nov. 20 /PRNewswire/ -- AETEA Information Technology, Inc. announced today it has signed a definitive agreement to acquire ecipient Technologies (ecipient). Headquartered in Ruxton, MD., ecipient provides information technology consulting services in the areas of enterprise application development, systems integration, enterprise reporting and analytics to leading commercial organizations, as well as federal, state and local governments.

ecipient offers extensive domain expertise in the pharmaceutical manufacturing space, providing customized applications for clinical, regulatory, research and development needs as well as portfolio management. The company is a leading provider of web-based application development solutions in Microsoft .Net, Java/J2EE and other leading technologies using its "best fit" technology method.

"We have established an ideal relationship with AETEA - a firm whose corporate values, commitment to the customer and focus on employees mirror our business philosophies," said Robert Lindsey, Jr., ecipient's President and Chief Executive Officer. "This transaction will allow us to provide a broader range of capabilities to support our customers. In addition, we believe AETEA will provide our employees greater opportunities for further personal and professional development. We are very pleased to become part of the AETEA team."

ecipient will join AETEA's Solutions Group, headquartered in Rockville, MD.

"By combining ecipient's expertise with that of AETEA, we will offer enhanced capabilities, particularly in the area of project-based solutions, to support our customers and projects," said Shaun Poulton, AETEA Solutions Services Group Vice President. "ecipient's customer focus and commitment to quality and innovation align well with AETEA's methodology and business goals. We look forward to welcoming the ecipient employees to the AETEA team."

About AETEA:

AETEA is a recognized market leader with over 25 years of experience providing professional IT consulting services. AETEA specializes in assisting its customers to solve business problems through technology. With specific industry expertise in Financial Services, Healthcare, Pharmaceuticals, and Manufacturing, combined with leading-edge technology services, AETEA understands the challenges customers face and works closely with each customer to deliver the right solutions. AETEA Professional Service offerings provide flexible solutions nationwide to premier organizations requiring technical expertise on demand. AETEA Solutions Group engagements range from complex e-business and application development initiatives to systems integrations and technical system support. AETEA Public Sector Services provide both professional and solution-based services offerings to state and federal governments through our contract vehicles and strategic partnerships.

    Shaun Poulton
    Vice President AETEA Solutions Group

SOURCE AETEA Information Technology, Inc.
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