To support IT managers, CIMCORP develops projects with a focus on high performance technology, providing advanced tools for hardware, software and services. In addition, it assists companies in designing the architecture for deployment of virtualization-based environment, developing an investment plan that seeks to maximize efficiency and provide the greatest return on investment.
"At CIMCORP, offering a complete IT infrastructure solution means implementing a technology park for CEMIG with high performance hardware and software, ensuring business continuity with effective management of environments. As for the case of server virtualization, the economies of scale can yield savings of up to 25% per year," said
, Business Manager of CIMCORP.
since 1988, Midas' CIMCORP brand provides and manages a complete spectrum of IT infrastructure services and solutions to commercial and government markets. CIMCORP specializes in data center services with an emphasis on complex solutions that enable Brazilian companies to virtualize and implement cloud-based systems. CIMCORP has 8 regional offices, 12 distributorships, 3 partner data centers, and an international subsidiary in
Companhia Energetica de Minas Gerais – CEMIG (NYSE: CIG) is one of the largest and most important electric energy utilities in
due to its strategic location, its technical expertise and its market. CEMIG is present in 15 Brazilian States and in
. CEMIG owns and operates 67 power plants, of which six are in partnership with private enterprises, relying on a predominantly hydroelectric energy matrix. Electric energy is produced to supply about 18 million people in
. CEMIG manages the largest electric energy distribution network in
and one the four largest in the world, which extends as far as 360,000 thousand kilometers. CEMIG also owns a cable television, internet and telecommunications business called Infovias which uses the company's transmission and distribution lines. For more information on CEMIG, please visit:
About Midas Medici Group Holdings, Inc.
Midas Medici Group Holdings, Inc. (OTCBB: MMED) is a green IT company that supplies mid-sized and select enterprises and institutions with leading-edge IT solutions in the fields of virtualization, cloud computing and data management, as well as working with utilities and other institutions to transform the electric grid through digital technologies in
the United States
. Across its CIMCORP, Consonus and UtiliPoint brands, Midas works with its customers by optimizing IT and data center investments, cutting energy usage and preventing data loss, all while maximizing productivity. Through a management team with decades of experience, Midas is positioning itself to take advantage of the high-growth IT industry through its unique specialized services at the intersection of energy and technology.
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For more information on Midas Medici, please visit:
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the Company's business and operations; business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (
). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
Johnson KachidzaChief Financial Officer212-792-0920