Computer Generated Solutions Acquires Some Assets of Cubed Technologies

Acquisition Marks Continued Momentum to Drive CGS' Leadership in Delivering Service and Support for Microsoft Dynamics

NEW YORK, Aug. 1 /PRNewswire/ -- Computer Generated Solutions, Inc. (CGS), a leading provider of software, systems integration, eLearning and outsourcing services to organizations worldwide, today announced that its wholly owned subsidiary CGS Redmond Technologies, LLC (CGSRT) has acquired certain assets of privately held Cubed Technologies, L.L.C., a Microsoft(R) certified partner based in Atlanta, Georgia.

This move follows CGS' announcements in late Fall 2006 that its subsidiary CGSRT has acquired the assets of privately held FolioDev, a development company with strong domain knowledge in the professional services sector, as well as, certain assets of privately held DMS Technology Solutions LLC (d/b/a "Altara"), a Microsoft(R) partner recognized in 2006 as one of the Top 10 Microsoft Dynamics partners worldwide.

"With this acquisition, we have the opportunity to continue to build momentum extending our strategy to deliver world class Microsoft Dynamics(R) solutions, unparalleled service and support," said Phil Friedman, President and CEO of CGS.

Cubed Technologies' President, Jonathan Lee, who will join CGS, stated, "Our team is very pleased to join the CGS family. With CGS we will be able to continue our focus on customer satisfaction with the additional benefits of scale resulting from a global infrastructure to drive strategic value for our customers worldwide."

Financial terms of the transaction were not disclosed.

About CGS

For twenty five years, Computer Generated Solutions, Inc. (CGS) has enabled global organizations to build competitive advantages by delivering cross-industry expertise and technology solutions on multiple platforms. CGS offers end-to-end, technology-enabled business solutions and services including ERP, CRM, PLM and WMS, portal, eCommerce, infrastructure, networking, mobility, application development, learning, training and professional staffing, help desk, customer care and outsourcing solutions. CGS is headquartered in New York City and maintains a worldwide presence with 18 offices in North America, Europe and Asia. For more information visit us at www.cgsinc.com.

Web site: http://www.cgsinc.com//




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