GZIRA, Republic of Malta, March 19, 2007 (PRIME NEWSWIRE) -- Tribeworks, Inc. (OTCBB:TWKS) announced that Italian IT consulting company Bizmatica Sistemi s.r.l., has signed an Onboarding Partner agreement with Atlas Technology Group, Tribeworks, Inc.'s primary operating subsidiary.
Under the terms of the agreement Bizmatica -- headquartered in Milan, Italy -- becomes a certified Onboarding Partner for AtlasTG's software support services in Italy providing software "Audit" services, including the analysis, hardening, testing and documenting complex custom software applications. In addition Bizmatica will offer AtlasTG's innovative software monitoring tools and network management systems for their client base throughout Italy.
Andrea Piol, Chief Executive Officer of Bizmatica, states "We are looking forward to working with Atlas as an Onboarding Partner. Needs for IT consultancy services are dramatically increasing and, we do believe our customers will appreciate the new support services we'll offer them. Anytime the service levels are improved keeping in the same time low costs to IT customers, the result is a 'win-win' situation."
Bizmatica, s.r.l. is a leading Italian ISO 9001:2000 company supplying IT and consultancy services, including software integration, application development, network infrastructure, and management services. By enhancing consulting and specialized expertise with alliances and other capabilities Bizmatica helps leading Italian companies to implement strategic solutions, ( http://www.bizmatica.com ).
Robert Altinger, Executive Chairman of Tribeworks, and a twenty year support management veteran from JP Morgan and Microsoft -- states "We are proud to have Bizmatica as a partner: the company and its people have a strong depth of experience and solid track record. Together we are bringing new tools to the market providing new levels of efficiency and cost effectiveness throughout IT departments."
AtlasTG, the company's primary subsidiary, provides outsourced application software support services for clients with large information technology functions worldwide. The company specializes in remotely supporting custom-built applications, and networks, using proprietary process, monitoring, and management systems ( http://www.atlastg.com ). The company operates data centers in Seattle and Malta, in addition to providing support services from centers in Gzira (Malta), Wellington (New Zealand) and Seattle (Washington). http://www.tribeworks.us
This release shall not constitute an offer to sell or the solicitation of an offer to buy securities to/from any person, nor there any sale of these securities in any jurisdiction in which it is unlawful to make such an offer or solicitation. A number of statements in this press release are forward-looking statements, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors described in the Company's filings with the SEC. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.