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XMi Completes Acquisition of InfoAdvantage, Inc.FOR IMMEDIATE RELEASE: Nashville, TN - August 19, 2005 – XMi, a Nashville-based management services company, today announced that it has completed the acquisition of the assets of InfoAdvantage, Inc., an Information Technology services firm based in Brentwood, TN. XMi adds InfoAdvantage to its portfolio of services companies, which includes non-profit management, association management, real estate management, human resources, and payroll services. InfoAdvantage has been a leading IT services firm in Middle TN for the past dozen years. The company has worked with over 500 clients helping them with software development, IT infrastructure/network administration, web site development, and IT consulting. InfoAdvantage currently has 45 active customer engagements. InfoAdvantage is an IBM Premier and e-Business Partner, and a Microsoft Certified Partner. InfoAdvantage President and CEO Greg Flanagan will join XMi as President
of the IT Division which will be called XMi Technology. All other employees and
consultants will also join XMi. “We are very pleased be part of
XMi,” says Flanagan. “XMi offers us additional resources
to better support our customers and grow our business. By combining our
forces, we immediately reduce our overhead expenses, which allows us to
improve service offerings and to create better career opportunities for
our employees.”
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