Midas Medici Announces $2 Million Contract For IT Upgrades At The Public Prosecutor's Office In Santa Catarina, Brazil
NEW YORK and SAO PAULO, Sept. 30, 2011 /PRNewswire/ -- Midas Medici Group Holdings, Inc. ("Midas") (OTCBB: MMED), an innovative green IT company in the fields of virtualization, cloud computing and data management, today announced that its CIMCORP brand has been awarded a $2 million contract from the public prosecutor in Santa Catarina, Brazil, known locally as the Ministerio Publico Do Estado De Santa Catarina (or "MPSC"). CIMCORP is tasked to upgrade the MPSC's IT infrastructure and data center solutions throughout various sites in Brazil.
The project represents a strategic upgrade to MPSC's IT infrastructure for main and contingency sites, including servers, storage, replicating data between sites, as well as network and virtualization software. As part of the project, CIMCORP will be upgrading MPSC's equipment with systems from CISCO, Dell, VMware and NettApp. Service-based offerings of the project will include installation, migration, training in the operation of the new environment, 24x7x365 monitoring through CIMCORP's service desk, and the allocation of CIMCORP VMware certified professionals in the facilities of MPSC in a 5x8 regime.
"This project is a major win for Midas and our CIMCORP brand in Brazil," stated Nana Baffour, CEO and Co-Founder of Midas Medici. "The MPSC has a need for utilizing some of the latest technology in the field to achieve data storage requirements in a fully secured environment, combined with substantial backup capabilities due to the sensitive nature of their work as the public prosecutor of the state of Santa Catarina. We remain committed to providing MPSC with CIMCORP's industry recognized quality of service, and look forward to the possibility of helping them meet their IT and data center needs on future projects as well."
The current MPSC project consists of hardware installation and procurement, as well as monthly service costs for maintenance of the system. The entire IT infrastructure and data center upgrade will be primarily focused on the MPSC's locations in Florianopolis, Curitiba and Sao Paulo.Operating in Brazil 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 Miami, FL. 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 and Brazil. 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. For comprehensive investor relations material, including fact sheets, presentations conference calls and video, please follow the appropriate link: Investor Presentation, Investor Portal, Research Report and Overview Video. For more information on Midas Medici, please visit: www.midasmedici.com. 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 ( http://www.sec.gov). 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. Company Contact: Johnson KachidzaChief Financial Officer212-792-0920
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