BrightStar Acquires Cogent, Phoenix-Based IT Company
Cogent was founded in 1997 by Shawn Tibbitts and Gregory Robinson. The company specializes in the implementation of PeopleSoft and Platinum software packages. Cogent has an office in Phoenix and will extend BrightStar ERP*PLUS(SM) services into the Arizona, New Mexico, Nevada, Utah and Southern California markets.
"Cogent's product offerings will compliment our ERP*PLUS(SM) suite of services," said Marshall Webb, President and Chief Executive Officer of BrightStar. "Strengthening our PeopleSoft relationship and adding the Platinum product line to our SAP and PeopleSoft portfolio will give us a broader marketplace for our ERP implementation business."
"Our relationship with BrightStar will give us an opportunity to team with some of the premier consulting organizations in the country: As a result, we will be able to deliver leading edge ERP solutions to our clients sooner and with greater value-added, "stated Shawn Tibbitts of Cogent.
Cogent focuses on providing mid-tier customers (Up to $500 million in annual revenues) with a full range of implementation and customization services. Cogent participates in the PeopleSoft Select Program, which is directed at this large mid-tier market segment and offers rapid implementation of ERP as well as fully integrated customer/consultant project terms. Cogent's operations will be closely coordinated with BrightStar's Mindworks training center located in Scottsdale, Arizona. Cogent will form the nucleus of a technical center of excellence, BrightStar Enterprise Systems Laboratory, to be established in Scottsdale. This new center of excellence will be unique to this region of the United States and will support both the proprietary PeopleSoft rapid implementation process and the PeopleSoft release upgrade program.
On April 16, 1998, BrightStar completed its initial public offering of common stock. BrightStar is a global information technology services company providing implementation of enterprise resource planning (ERP) software systems and enterprise-wide business and technology solutions to Fortune 1000 companies and other large organizations. ERP*PLUS(SM) is BrightStar's suite of services that includes rapid implementations of SAP and PeopleSoft products, web-enabled ERP applications and custom applications development. BrightStar employs approximately 700 IT professionals in sixteen U.S. cities and seven international locations. For additional information, contact the BrightStar web site at http://www.brightstar-it.com.
SOURCE BrightStar Information Technology Group, Inc.
/CONTACT: Tarrant Hancock, Director of Investor Relations for BrightStar Information Technology Group, Inc., 713-361-2530, or Fax: 713-361-2501, or Email: firstname.lastname@example.org/
/Web site: http://www.brightstar-it.com/
CO: BrightStar Information Technology Group, Inc.; Cogent Technologies, LLC ST: Texas, Arizona IN: CPR SU: TNM
JP-SA -- DATH031 -- 5768 07/09/98 12:51 EDT http://www.prnewswire.com
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|Date:||Jul 9, 1998|
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