D&E Communications, Inc. Announces Acquisition of Alternate Solutions, Inc.; Represents 2Nd Technology Company Acquisition in 4 Months.Business Editors EPHRATA, Pa.--(BUSINESS WIRE)--Aug. 3, 2000 D&E Communications, Inc. announced today that it has completed the acquisition of Camp Hill-based technology integration company, Alternate Solutions, Inc. Alternate Solutions Inc., founded in 1990, consists of a team of 60 technical experts who serve customers in the areas of technology planning, network design, integration and support, and e-business solutions throughout Harrisburg, Lehigh Valley The Lehigh Valley or the Allentown-Bethlehem-Easton, PA-NJ metropolitan area is a metropolitan region in eastern Pennsylvania and western New Jersey, in the United States. It is the third-most populated metropolitan region in Pennsylvania, after Philadelphia and Pittsburgh. , and Northeast PA. Alternate Solutions has achieved various authorizations and technical certifications from industry leaders such as Microsoft, Novell, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Compaq, and Cisco. Anne B. Sweigart, Chairman, President and Chief Executive Officer of D&E Communications, Inc. said, "Within four months, D&E has joined with two computer networking
Computer networking is the engineering discipline concerned with communication between computer systems or devices. companies with strong data experience and excellent reputations, CompuSpirit in April and now Alternate Solutions, Inc. These acquisitions are positive steps in the implementation of D&E's strategic vision to become the integrated communications provider of choice in Central PA. This further positions D&E to be in the forefront of the communications market in the region." Jeffrey Colosimo, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Alternate Solutions, Inc. noted: "The merger with D&E Communications strengthens our ability to continue expansion, while also providing customers with emerging products and services in the converging voice and data arena. D&E Communications, Inc. also has the same core values and commitment to customer service that has been a key element of our success. " Alternate Solutions Inc. received Ernst & Young's Entrepreneur of the Year award in 1997 and was also identified by Computerworld Magazine as one of the country 's "100 Hot Emerging Companies." In addition, they were voted one of Pennsylvania's "50 Fastest Growing Companies" by the Central Penn Business Journal The Central Penn Business Journal is a weekly business newspaper serving the Harrisburg, Pennsylvania metropolitan area. It has a circulation of approximately 10,000 and is the only comprehensive source of local business information in central Pennsylvania. for two years in a row, and in 1998, received Arthur Andersen's Central PA Best Practice Award for exceeding customer expectations. D&E Communications, Inc. is a full-service telecommunications company based in Lancaster County, PA. Through its subsidiaries and affiliated companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. , D&E Communications offers both local and long distance service, Internet access, wireless service, paging, voice, data and video communications equipment, and computer networking services. D&E Communications is traded on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on as DECC DECC Duluth Entertainment Convention Center (Duluth, MN) DECC Defense Enterprise Computing Centers DECC Distance Education Coordinating Council DECC Danish-Estonian Chamber of Commerce (Tallinn, Estonia) . For more information about these companies contact their websites: www.decommunications.com and www.altsol.com. |
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