CAMPBELL, Calif., June 15 /PRNewswire/ -- Groupware Technology, Inc., a growing information technology solution provider, announced today that the company was honored by CMP Technology's VARBusiness magazine as one of North America's top technology integrators. It was presented with the Top Revenue Generator Award at an exclusive ceremony in New York City on June 13th. The annual VARBusiness 500 awards recognize the best and brightest solutions providers that have achieved excellence in the past year.
President and CEO Mike Thompson accepted the prestigious award at the VARBusiness 500 Conference, an exclusive event for top-level solution provider executives, industry leaders and the press. Groupware was one of only 17 North American solution providers honored by the biweekly magazine that covers the business of technology integration. VARBusiness Editor Lawrence M. Walsh says, "The information-technology distribution channel is blossoming and companies like this year's 17 winners are contributing significantly to that growth." The company will be featured in a special issue to be published on July 10, which will outline the 2006 VARBusiness 500 Solution Providers in North America.
Groupware Technology, a newcomer and rising star to the VARBusiness list, is the fastest growing solution provider of the 2006 VARBusiness 500, achieving the highest year over year revenue growth in North America. Founded in 1992, Groupware achieved unprecedented revenue growth of 1624% in 2005. Led by a new ownership team comprised of industry veterans Mike Thompson, Anthony Miley and Scott Sutter, the new team took the reins at the Bay Area Company in the first quarter of 2005 and led the company from $2 million to $30 million in just under a year. The story of the company's turnaround and rapid growth are featured in the June 12th issue of VARBusiness magazine.
Thompson attributes Groupware's success to the dedication and ingenuity of the Groupware team and to their philosophy of service, "We Answer the Call." Thompson said, "We are honored to receive this recognition. Our success is a testament to the hard work of our employees, our uncompromising commitment to our customers, and to the support of our vendors and partners." Tim Lieto, Senior Vice President of the Americas Region at Sun Microsystems stated, "Groupware continues to raise the bar in customer service and growth and I'd like to extend our congratulations to Groupware on this award and our thanks for their commitment to Sun."
About Groupware Technology, Inc.
Groupware Technology, Inc. is a leading information technology solution provider and Sun Microsystems Advantage Partner headquartered in the San Francisco Bay Area. The company provides enterprise technology solutions to its Fortune 1000 customer base and specializes in storage, security, networking and enterprise systems. For more information, contact (408) 540-0090 or visit http://www.groupwaretechnology.com/ .
About VARBusiness Magazine
For the past 19 years, VARBusiness' strategic resources have been the gateway to the Solution Provider community. VARBusiness provides strategic insight for technology integrators through industry-defining research, in-depth editorial, channel events and innovative Web services, enabling these IT professionals to make educated decisions for their businesses, partnerships and customers. VARBusiness has been the recipient of numerous industry awards for both editorial content and design. Additional information about VARBusiness products, events and services, is available at its Web site, http://www.varbusiness.com/ .
Groupware Technology, Inc.
CONTACT: Renee Daeumler of Groupware Technology, Inc., +1-408-540-0090,renee@groupwaretechnology.com
Web site: http://www.groupwaretechnology.com/http://www.varbusiness.com/