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Siemens Business Services Realigns U.S. Business Operations With Aim of Becoming a Top 5 Worldwide E-Business Service and Solutions Provider.


Business & High Tech Editors

RYE BROOK, N.Y.--(BUSINESS WIRE)--May 1, 2001

New Company offers premium services that span the complete value chain of IT infrastructure and e-business solutions consulting; ENTEX

IT Service to assume SBS See Small Business Server.  brand

Siemens Business Services, one of the world's leading providers of electronic business services and solutions, announced that it is integrating North American operations North American operation Surgical oncology Radical surgery of a 'frozen pelvis', consisting of radical en bloc resection of the uterus and urinary bladder. See 'Frozen pelvis.'. Cf 'All-American' and 'South American' operations.  as a key step in its drive to become a top five e-business service and solutions provider worldwide.

In April of 2000, Siemens AG Siemens AG

German electrical-equipment manufacturer. The first Siemens company, Siemens & Halske, was founded in Berlin in 1847 to build telegraph installations.
 (NYSE NYSE

See: New York Stock Exchange
: SI) acquired what is currently ENTEX IT Service, a U.S. nationwide IT Services provider. Effective June 1, 2001 the North American operations of Siemens Business Services will be combined with ENTEX IT Service and assume the name Siemens Business Services, Inc. Providing a complete, end-to-end IT services portfolio to its customers, the organization will include more than 5,000 employees and have annual sales in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  alone of over $600 million.

John McKenna John McKenna (1855 – March 1936) was an Irish self-made businessman and former rugby player, who was the first manager of Liverpool.

He was a friend of John Houlding and remained with him after Everton left Anfield for Goodison Park.
, current 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 ENTEX IT Service and Siemens Business Services LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, will continue as CEO of the new Siemens Business Services, Inc.

Mr. McKenna commented, "The combination of ENTEX's knowledge of IT infrastructure with Siemens Business Services' expertise in enterprise solutions will provide the depth and breadth of services FORTUNE 500(R) companies demand of their IT services partners."

The Siemens Business Services extended portfolio will include:

                      IT Infrastructure Solutions
                      ---------------------------

--  Network Design and Management

--  Systems Management

--  E-Business Services

--  Project Management

--  Outsourcing Services

--  Help Desk/Desktop Support

--  Systems and Software Services

                         Enterprise Solutions
                         --------------------

--  Management Consulting

--  Enterprise Resource Management

--  Supply Chain Management

--  Customer Relationship Management

--  E-Commerce

--  WAN/Data Center Services


John McKenna stated, "I am excited about this major step for Siemens Business Services in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . This will make us a key contributor to the $5.5 billion Siemens Business Services global organization, whose employees number approximately 34,000."

He added, "Not only will we offer customers this new extended portfolio but we will build on the many partnerships which Siemens Business Services currently has established with such key solutions providers as SAP, i2 and Siebel. In addition I look forward to extending to North America the expertise in the mobile arena where Siemens Business Services has been an innovative leader in Europe and to leveraging our recently announced global alliance with Microsoft for .NET."

Today's announcement follows closely on the listing of Siemens Business Services' $74 billion parent company, Siemens AG, on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 and reinforces the firm's dedication to extending its presence in the United States and building a dominant brand name in the market for corporate IT services.

"Siemens Business Services is currently the number two electronic business solutions provider in Europe," added McKenna. "Today's announcement underscores our commitment to growing our business and broadening our roster of lasting relationships with today's largest IT innovators innovators

people who will try new things.


early innovators
important figures in the farming or client community because they are the leaders in the introduction of new techniques and management systems.
 and emerging as a global top 5 e-business solutions provider."

About Siemens Business Services

Siemens Business Services is one of the world's leading service providers in the area of electronic and mobile business. With its comprehensive expertise and specific sector knowledge, Siemens Business Services offers solutions and services from a single source - from consulting through system integration to responsibility for customers' entire business processes and management of IT infrastructures. Siemens Business Services is part of Information and Communications (I and C), a business segment of Siemens AG. Siemens is a global powerhouse A fourth-generation language from Cognos that was introduced in the late 1970s for midrange computers. It supports both character-oriented, terminal-based applications as well as Windows clients. Applications developed under PowerHouse can be imported into Cognos' Axiant client/server environment.  in electrical engineering electrical engineering: see engineering.
electrical engineering

Branch of engineering concerned with the practical applications of electricity in all its forms, including those of electronics.
 and electronics with more than $74 billion in sales. For more information, please visit Siemens Business Services on the Web at www.sbs-usa.siemens.com

About Siemens AG

Siemens AG, headquartered in Munich, is a leading global electronics and engineering company. It employs over 460,000 people in 193 countries, and reported worldwide sales in excess of $74 billion in fiscal 2000 (10/1/99 - 9/30/00). The United States is Siemens' largest market, with over 73,000 employees and sales of more than $17 billion in fiscal 2000. Siemens is a leading provider of advanced technology solutions in the information and communications, medical, power, automation and control, transportation and lighting sectors, and leverages its global network of innovation and unparalleled technological heritage to deliver business results for Siemens' customers around the globe.

The statements in this news release are based on current expectations. These statements are forward-looking and are, therefore, subject to certain risks, uncertainties and assumptions.

Many factors could cause the actual results, performance or achievements of Siemens to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products by other companies, lack of acceptance of new products or services by Siemens' customers targeted by Siemens worldwide targeted customers, changes in business strategy and various other factors.

Should one or more of these risks or uncertainties materialize ma·te·ri·al·ize  
v. ma·te·ri·al·ized, ma·te·ri·al·iz·ing, ma·te·ri·al·iz·es

v.tr.
1. To cause to become real or actual: By building the house, we materialized a dream.
, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the relevant forward-looking statement as anticipated, believed, estimated, expected, intended, planned or projected. Siemens worldwide does not intend, and does not assume any obligation, to update these forward-looking statements.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 1, 2001
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