BULLETPROOF SOLUTIONS TO ACQUIRE INTEGRATED OPEN SYSTEMS LTD.

BULLETPROOF SOLUTIONS TO ACQUIRE INTEGRATED OPEN SYSTEMS LTD.

Fredericton, NB – Bulletproof Solutions, an Atlantic Canada leader in information technology, is pleased to announce the acquisition of Integrated Open Systems Ltd (IOSL). Terms of the deal were not released.  IOSL has for the past 20 years been the exclusive contracted Marketing Organization throughout the Atlantic Canada region for Sun Microsystems of Canada, Inc. and recently Oracle Canada. Although responsible for direct and indirect sales of all Sun products and services in Atlantic Canada, IOSL's particular areas of expertise included High Performance Computing, Enterprise Computing, Systems Consolidation, and Desktop Virtualization. As a member of the Sun Partner Advantage Program and now the Oracle Partner Network, Bulletproof's and IOSL's combined resources will create expanded market opportunities and incremental value for customers and clients.

“This merger will provide new opportunities for our clients, employee’s and partners” said Ed Wilton President of Integrated Open Systems. Bulletproof Solutions (BSI) has a very focused solution set that  they bring to the marketplace, and they have a deep professional services delivery team. By joining forces with BSI we will be able to expand the solutions portfolios available to our customer base. Both organization have outstanding reputations throughout Atlantic Canada.  I am very impressed with Bulletproof’s  vision, focus on solutions, depth of the delivery team and most importantly their commitment to customer satisfaction. I am excited about the value this acquisition will bring our combined client base. “

The acquisition is part of Bulletproof’s ongoing strategy to expand it’s market reach and solution offerings. “ We are extremely excited about the opportunities this acquisition creates; there isn’t a lot of client overlap and a ton of complementary sales and service potential” said Steven Burn CEO of BSI.

The deal also reinforces BSI’s commitment to Atlantic Canada. As a 100% Atlantic Canada owned IT Solutions Company, we are committed to economic growth in Atlantic Canada and creating high value employment opportunities.

"Bulletproof is at the right place  now both strategically and financially," said Bulletproof Solutions CEO Steven Burns. "We are in a great position as a growing technology services company to take advantage of the IOSL acquisition, the new company will be even stronger. IOSL is a great company with a 20 year history in the Atlantic market and deep client relationships," said Bulletproof Solutions Inc. CEO Steven Burns. "Acquisition of the company made sense, as we can now provide more customers a wider variety of quality services and products.  We intend on making this integration of the IOSL group a huge success,  primarily due to the synergy opportunities the acquisition creates; there isn’t a lot of client overlap and a ton of complementary sales and service potential."

"This is a great fit for the two companies on all fronts.  Together we will be a solid technology and services player throughout Atlantic Canada.", said IOSL Founder Ed Wilton”.   "Bulletproof has a great reputation already in Atlantic Canada and so do we.  Put the two together and I believe we create huge value for our customers.”

This acquisition came at an opportune time as Bulletproof had recently expanded into the Nova Scotia market and the two companies have complimentary customer lists. "Bulletproof is at a good place right now both strategically and financially," said Bulletproof Solutions CEO Steven Burns. "We are in a great position as a growing technology services company to take advantage of the IOSL acquisition, the new company will be even stronger."

For more information on Bulletproof Solutions Inc., please visit www.bulletproofsi.com

About Bulletproof Solutions Inc.:

Bulletproof Solutions Inc. was incorporated in 2000 and currently has 65 employees.  Bulletproof started as a Network and Security Consulting firm and quickly became known as one of the première providers of these services in Atlantic Canada. Bulletproof built increased capacity based on these skills and experience to expand its offerings to now include an outsourcing practice, an IP telephony (VoIP) practice, an application development practice and an Instructor led training practice via its Education Services division. Bulletproof has been building these services over the past ten years, through development of process and technology and acquiring diversified and highly skilled resources.  Bulletproof has offices in Fredericton, Moncton, Saint John, Halifax and its 7X24 operations center located in Charlottetown PEI.