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ATEC Group Strengthens Capabilities of TIS Division With New Head of New York City Office.

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COMMACK, N.Y.--(BUSINESS WIRE)--Nov. 29, 2000

ATEC Group, Inc. (AMEX:TEC), a leading system integrator and provider of a full line of information technology products and services, announced today that as part of its recent commitment to strengthen the capabilities of its Technology Integration Services (TIS) division, it named Ray Shah as executive vice president of the company and the new head of its New York City office.

Shah, who replaces Jeff Wood in this position, reports directly to Raj Rametra, head of the TIS division. Among his primary responsibilities, Shah will oversee the company's sales and engineering services operations in New York City and Long Island.

Shah enjoys more than 19 years of experience in the information technology industry as a senior corporate manager, most recently serving for three years as director of professional services at a New York City-based systems integrator with approximately $45 million in annual sales. While there, Shah integrated the company's technical, sales and marketing functions, which significantly increased revenue and operations efficiency, as well as turned the company from a local service provider to an effective national service provider. His expertise in LAN/WAN, cross-platform connectivity, broad knowledge of current technologies and the ability to provide simple solutions to complex problems resulted in numerous partnerships with global clients.

Further, Shah's previous positions as an independent management consultant, offering operational and organizational guidance, provided him with experience at identifying profit opportunities and implementing plans to ensure growth. Shah also served as a founding officer and manager of CEI, based in Long Island City, NY, a computer maintenance and repair organization.

Shah's appointment comes as the company puts more focus on high-end technical services. Recently, the TIS division was awarded a $1.4 million contract from the Shenendehowa Central School District in upstate New York. The contract calls for the division to provide a new district-wide system to modernize Shenendehowa Central's entire communications network over the next 18 months. The company also recently announced that its TIS division had completed a project totaling $1.7 million for MVP Health Plan, one of the largest and fastest-growing health maintenance organizations in the New York Capital District and the state of Vermont.

Commented Shah, "As the Internet age is full upon us and the power of information has been transformed, companies such as ATEC must think 'outside the box' and recognize the need for value-added services. Part of my challenge - and opportunity - at ATEC will be to work with our reengineered sales force and create a mindset that is more focused on selling and delivering professional technical services. These include security, storage and networking solutions, disaster recovery, as well as e-business solutions. As we do this, we will also seek to identify new strategic partnerships that will enable us to compete at an even higher level."

"We are pleased that Ray has joined the TIS team," said Tony Rametra, president and CEO of ATEC Group. "We believe his considerable experience in both the technical and managerial aspects of information technology will be a valuable asset to our company."

About ATEC Group

Based in Commack, New York, ATEC Group, Inc., is a leading system integrator and provider of a full line of information technology products and services. As a one-stop company for the computer needs of businesses, government agencies and educational institutions, ATEC Group offers computer hardware and software, system integration networking, graphic arts, Internet and Intranet. The company is positioned for growth through its capabilities as a PC manufacturer of Nexar(R) technology, in software development and e-commerce.

For more information on ATEC Group, please visit the company's web site at www.atecgroup.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements that are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including, but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the company's filings with the Securities and Exchange Commission.
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Publication:Business Wire
Geographic Code:1USA
Date:Nov 29, 2000
Words:695
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