CANTON, Mass., April 5, 2012 /PRNewswire/ -- NEI (NASDAQ: NEI), a leading provider of application platforms, deployment solutions and lifecycle support services for software technology developers and OEMs worldwide, today announced that it has achieved Dell Premier Partnership status. The highest level as a channel partner in Dell's recently announced OEM Partner Program, the Premier Partner designation recognizes companies that have completed Dell certification and demonstrated continual success with the company's products. The recognition follows NEI's success over the past four years in providing custom design, integration, manufacturing and regulatory testing services for Dell, which has enabled the company to expand its footprint in the telecom and security markets with purpose-built deployment solutions. As a Dell OEM Premier Partner, NEI will leverage its greater access to Dell's technology and resources to deliver an even broader range of value-add solutions that will enable customers to save time, money and other resources and enhance their competitive advantage. "Being named a Premier Partner of the Dell OEM Partner Program underscores the value NEI brings to Dell's products and demonstrates the strength of our relationship with the company," said Jeff Hudgins, vice president of marketing at NEI. "As a key member of the program, we will continue to meet the demanding requirements of the telecommunications and security markets with an enhanced Dell product portfolio." "NEI's status as our highest-level channel partner is a reflection of the company's outstanding track record and its commitment to our relationship," said Ron Pugh, executive director and general manager, Americas OEM Solutions, Dell. "We are thrilled to have NEI as part of the OEM Partner Program as they will help OEM customers with their unique go-to-market needs while allowing them to deliver innovative products and services faster." About NEI NEI is a leading provider of server-based application platforms and lifecycle support services for software developers and OEMs worldwide. Through its expertise and comprehensive suite of solution design, system integration, application management, global logistics, support, and maintenance services, NEI is redefining application deployment solutions to provide customers with a sustainable competitive advantage. More than a decade of appliance innovation with the ability to provide physical, virtual and cloud-ready solutions makes NEI one of the most trusted software deployment partners in the industry. Founded in 1997, NEI is headquartered in Canton, Massachusetts, with facilities in Plano, Texas and Galway, Ireland, and trades on the NASDAQ exchange under the symbol NEI. For more information, visit www.nei.com. NEI and the NEI logo are trademarks of Network Engines, Inc. All other names, brands and trademarks are the property of their respective holders.
Shares of Network Engines (Nasdaq:NEI) have taken a tremendous swing upward. The stock is trading at $1.25 as of 9:55 a.m. ET, 20.2% above Wednesday's closing price of $1.04. Volume is at 377,631, 2.5 times the daily average of 151,700.
Shares of Network Engines (Nasdaq:NEI) were gapping down Thursday morning with an open price 11.4% lower than Wednesday's closing price. The stock closed at $1.58 yesterday and opened today's trading at $1.40.