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San Diego 21. 12. 2011

GigaKOM Acquires EduTone's Service Integration Unit

GigaKOM today announced the acquisition agreement with Alameda based EduTone, whereby EduTone’s California based Systems Integration business will be acquired by GigaKOM.

*** PRESS RELEASE ***

GigaKOM acquires EduTone’s California Systems Integration Business

San Diego, CA – November 15th, 2011 – GigaKOM today announced the acquisition agreement with Alameda based EduTone, whereby EduTone’s California based Systems Integration business will be acquired by GigaKOM.  As part of the agreement, GigaKOM will be supplying systems integration and managed services to all of EduTone's existing clients in California and will be authorized to resell EduTone's products and services to K12 schools in California.

“This partnership expands our sales and support resources in the state of California,” said Robert Iskander, CEO of EduTone. “GigaKOM's phenomenal track record and 100% focus on K-12 education was the deciding factor in their selection as our strategic partner that will directly serve and support all of our existing customers in California.  We will continue to innovate the capabilities of our cloud-based EduTone Xchange(TM) award-winning Platform but will rely on our partners to implement it for our clients."

“The synergies between EduTone and GigaKOM are compelling,” said Andrej Komatina, Founder & CEO of GigaKOM. “This will immediately expand our existing technical resources and clients in Northern California, and will enhance our K-12 education solution portfolio with EduTone's products. We are very excited about this strategic acquisition and partnership!"

GigaKOM will immediately serve all of EduTone's existing accounts in Northern California and will transition all of the EduTone Systems Integration resources to be part of its expanding sales and technical support team. Under this Agreement, the two companies will jointly pursue new opportunities in the California K-12 education market.

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About EduTone: EduTone provides schools with the sustainable technology infrastructure necessary to create the teaching and learning environments parents and students require. Installed in thousands of schools around the world, the EduTone Xchange™ is a 2011 CODiE “Best K-12 Education Solution” award-winning, Web 3.0 Platform-as-a-Service technology that enables on-demand; one-to-one services delivery in the Education Enterprise.

EduTone is a DBA of VIP Tone Inc., a privately held corporation headquartered in Alameda, California. For more information, go to: http://www.EduTone.com.

About GigaKOM:  GigaKOM is a full service technology solutions provider. Its vision is to improve the stability of each and every network it service. GigaKOM has partnered with the industry’s best network and system manufacturers to provide its customers with cost effective, superior products and services. GigaKOM has created solutions ranging from desktops to complete networks that ensure access to the vast array of services that are available to improve business efficiency.

GigaKOM Inc., a privately held corporation headquartered in San Diego, California.  For more information, go to: http://www.GigaKOM.com.

Press Contacts:

Yanni Kalajsakis                                 Keith Harrison

EduTone                                               GigaKOM

866-901-8663                                      858-769-5412

Yanni@viptone.com                          keithharrison@gigakom.com

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