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Essextec and Gemini Systems Announce Intent to Combine, Enhance Their IBM Business Partnerships, and Expand IT Solutions Offerings to Clients and Prospects

ROCHELLE PARK, N.J., Jan. 15, 2014 /PRNewswire/ -- Essextec (Essex Technology Group, Inc.), an IT and business solutions provider servicing the northeast US, plans to expand its offerings by acquiring the US operations of Gemini Systems. Gemini Systems, located in New York City, is a technology consulting company which specializes in delivering information technology solutions based on the IBM Software portfolio. Essextec currently offers a wide range of scalable infrastructure, business risk solutions, and managed IT services. The addition of Gemini Systems' US operations will expand this suite of solutions and services to include comprehensive big data analytics, mobile, and social business solutions, as well as Gemini Systems' software development and IT automation capabilities.

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"Our strategy at Essextec has been to invest in and capitalize on specific industry trends and solutions that provide the value our clients are requesting," said Jim Torney, Essextec President. "We have developed into a solution provider that offers dynamic infrastructure solutions, business risk services, and cloud computing. We have partnered with Gemini Systems since 2007 for the superb expertise which they provide in big data analytics, mobile, social business, and other solutions. Our clients have consistently told us the joint solutions provided by our two firms are unique and of immense value.  We are very excited about our future together and what it means to both current clients and prospects."

Founded in 1987 by Simon Leung, Gemini Systems is a well-respected consulting company and leading solution provider with expertise in the IBM Software portfolio. "Essextec and Gemini Systems share the vision of combining Gemini's software, middleware, and application development expertise with Essextec's cloud, risk and resiliency services, and infrastructure capabilities to become the most comprehensive technology solution provider in our marketplace," said Simon Leung. "Both Essextec's and Gemini's management teams share the same deep commitment to our employees and family-oriented culture. Through this combination, Gemini's US employees will participate in Essextec's Employee Stock Ownership Plan (ESOP), enabling all employees to grow and prosper together through the common goal of providing our clients with best in class solutions and services." 

The combination is planned to be completed in the first half of 2014. Gemini Systems' US operations will remain in New York City. It will be managed as a subsidiary of Essextec and will continue to maintain its focus on creating exceptional business solutions based on IBM Software and related technologies. The combined entity will provide services and solutions to clients in the northeast US. Gemini Systems Worldwide will continue to work with clients outside of the US and team with Essextec and the US operations of Gemini Systems for offshore services.

About Essextec (Essex Technology Group, Inc.)
Essextec is an information technology and business solutions provider that partners with best in class manufacturers to offer Business Risk Services, Dynamic Infrastructure and Data Management and Analytics. Essextec provides flexible, scalable delivery options to meet the unique needs of our clients: Onsite; Remote; Cloud; Effective. Essextec is an employee-owned company headquartered in Rochelle Park, NJ with offices throughout the northeast US. Visit www.essextec.com for more information.

About Gemini Systems, LLC
Gemini Systems is a global technology consulting company that works with leading organizations, government agencies and corporations to create exceptional business solutions based on IBM and related technologies. Gemini Systems' exceptional people leverage industry best practices and unparalleled experience to help its clients deliver exceptional business outcomes. Gemini Systems is headquartered in New York City with offices in Hong Kong, China; Chennai, India; and St. Petersburg, Russia. For more information, please visit www.gemini-systems.com.

For more information about Essextec or its planned combination with Gemini Systems, contact Jennifer Blauvelt, Director of Marketing, at 201-219-5023 or jblauvelt@essextec.com.

Media Contact:
Jennifer Blauvelt
Essextec
Director of Marketing
201-291-5023
jblauvelt@essextec.com

SOURCE Essextec

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