Sparxent Founded to Offer Mid-Market Companies Unmatched Breadth and Depth of Enterprise-Class IT Services


SALT LAKE CITY, August 25 /PRNewswire/ --

- New IT Services Company Makes First Acquisition; Delivers Software,
Hardware and Consulting Services to Companies with Up to 5000 Users

Founders Steve DeWindt and Dave Taylor, in conjunction with vSpring
Capital, today announced the formation of Sparxent, Inc., which was
established to provide software, hardware and IT consulting services to
mid-market customers. Sparxent also announced that it acquired NetworkD
Corporation of Newport Beach, California and has signed a letter of intent to
acquire Arbyte of Moscow.

"Although the middle tier of the market makes up nearly half of overall
IT spending, there are few dedicated IT resources focused on this segment,"
said DeWindt, Sparxent co-founder. "We feel that there is a unique
opportunity to create a new business model through the marriage of
consulting, solutions, integration, development and services that are solely
focused on the under-served mid-market."

Sparxent was founded on the premise that the current value-added reseller
(VAR) model for the middle market needs to evolve to better serve the
segment. For example, mid-market companies in the past have had to choose
between traditional VARs with deep expertise in a single vendor's solution,
or VARs that sell a broad variety of software but have little expertise in
creating integrated solutions for the customer. Sparxent's approach will be
to consult with mid-market customers to find and deliver the ideal business
or IT solution, regardless of vendor or delivery model, that tightly
integrates with their existing environments.

The new company will be based in Salt Lake City. Through the acquisition
of NetworkD Group, Sparxent immediately has a large customer base and manages
millions of end-users with operations in North America and Europe. With the
anticipated closing of the Arbyte acquisition, the company's reach will
extend to include 30 regions of the Russian Federation and Ukraine.

Sparxent plans additional acquisitions of solution providers to further
broaden its geographic reach and footprint. The company also expects to enter
into strategic joint ventures, and make acquisitions of select software
development and integration companies. This will enable Sparxent to better
serve its customers with customized solutions that meet their specific needs.

"By acquiring established, local IT providers around the globe and
bringing them together under one umbrella, Sparxent will act as a single
source for IT -- providing the broadest array of expertise and tools to the
middle market," said Taylor, Sparxent co-founder. "The key to our
comprehensive approach is to bridge the gap between VARs that lack the
software competency to provide true integration and software development
companies that are not equipped to provide a breadth of consulting services."

DeWindt and Taylor bring more than 20 years of experience each in
executive management and global sales, as well as establishing new technology
companies.

About Sparxent and its Founders

DeWindt has held senior positions at Intel (director of worldwide
reseller sales); Computer 2000 AG (co-president); AmeriQuest Technologies
(chief executive officer); and BlueRoads (co-founder). As co-president of
Computer2000 AG, he guided the company's growth from US$800 million to 
US$3.5 billion in sales in just over four years.

Taylor was part of the original management team at LANDesk Software and
during his 15-year tenure held various roles, including: general manager of
Europe, Middle East and Africa; general manager of professional services;
vice president of global sales; vice president of strategic alliances; and
vice president of worldwide marketing. He previously held positions at Intel
and Microsoft.

Sparxent is a leading technology and business solution provider focused
exclusively on the middle market. By combining global best-of-breed
capabilities with hands-on local professionals, Sparxent is a comprehensive
and single source for IT consulting, solutions and services. For more
information, please visit http://www.sparxent.com.

Copyright 2008 Sparxent, Inc. All rights reserved. Sparxent is an
unregistered trademark of Sparxent, Inc., which owns other registered and
unregistered trademarks throughout the world. Other names used herein may be
trademarks of their respective owners.

Certain statements in this release are forward-looking statements based
on current expectations and assumptions regarding future events and business
performance and involve certain risks and uncertainties that could cause
actual results to differ materially. Sparxent undertakes no duty to update
any forward-looking statement to conform the statement to actual results or
changes in the company's expectations.

Web site: http://www.sparxent.com

© PR Newswire Association LLC.

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