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For Immediate Release (February 22, 2006):

Contact: Alison Schirone
Phone: (781) 293 9522
AlisonSchirone@TekMethods.com

TEKMETHODS REPORTS RECORD GROWTH AS MORE ORGANIZATIONS TURN TO IT ASSET MANAGEMENT TO ADDRESS CRITICAL BUSINESS CHALLENGES

TekMethods helpds C-level executives mitigate risks and costs associated with compliance, IT budgeting and software license management

(Tampa, FL, USA) TekMethods, a leading provider of IT asset management (ITAM) consulting services and solutions, reported record growth in 2005 as an increasing number of organizations turned to TekMethods to address critical business issues such as compliance, IT budgeting and software license management.

TekMethods added more than two dozen clients over the past year and more than doubled its staff. The company exceeded 2005 revenue goals by more than 50 percent. TekMethods has a long history of proven ITAM success with Fortune 500 companies as well as small and medium-sized businesses in a wide range of industries who have realized significant cost savings and ROI on IT investments. TekMethods continues to build on its proven track record of implementing successful ITAM projects for clients, with a success rate for keeping projects on-plan, on-time and on-budget that far exceeds the industry average.

“In 2005, compliance and governance issues, IT budgeting, and software license management were among the top three demands on business that created the perfect storm to raise ITAM to a more important strategic consideration than ever before,” said Lori Sechio, chief executive officer of TekMethods. ”We helped our clients address these challenges by working closely with them to implement strategic ITAM programs that allow them to better assess, manage, monitor and optimize all of their technology investments across the enterprise. As a result, our clients are realizing a dramatic reduction in total cost of ownership, and more efficient IT operations that ultimately help them manage their businesses more effectively.”

Industry analysts agree that ITAM is gaining in strategic importance. C-level executives across the enterprise are increasingly looking to ITAM experts like TekMethods to not only help them manage their IT investments more efficiently, but to also help their organizations gain a competitive advantage at a time when IT infrastructure and operations are vital to profits and growth.

TekMethods provides a portfolio of multi-faceted ITAM services that help C-level executives and their organizations solve critical business issues by enabling them to more effectively assess, manage, monitor and optimize their technology investments. TekMethods utilizes a comprehensive ITAM methodology that surpasses “software only” solutions by combining expert counsel with proven technology innovation and business process solutions. TekMethods is solely focused on ITAM, unlike large IT vendors and consulting services companies for whom ITAM is not a core competency.