Syndeo Technologies Celebrates Fifth Anniversary
and Marks Five Consecutive Years of Growth

Leading Area Provider of Outsourced IT Services Signs Industry-Diverse Clients, Offers Remote Services for Small Businesses

Methuen, Mass. – April 16, 2008 – Syndeo Technologies, a leading area provider of outsourced IT services that combines business and technology expertise, today celebrates its fifth anniversary while announcing a year-over-year revenue increase of nearly 20% in 2007. Syndeo’s growth and success over the past five years is attributed to its exceptional client service resulting in a consistent 98% client retention rate. Organizations across multiple industries and of varying sizes trust Syndeo to proactively maintain their networks, to provide 24 x 7 network monitoring and user support, and to deliver strategic technology consulting and network upgrades that improve their bottom line business results. The company recorded a 36% increase in revenue for the first quarter of 2008 compared to 2007.

During the past year, Syndeo achieved several significant accomplishments:

• New Clients – In 2007, the company signed eight new accounts, and expanded its relationship with many existing clients across Massachusetts. Syndeo clients now include organizations across such diverse industries as financial, medical, service-based, construction, retail, software and education. In addition, Syndeo now counts five religious organizations among its customers in the greater Boston area.
• Collaboration – In March, Syndeo added to its growing list of partners and formed a strategic relationship with Kaseya, a global provider of IT automation software.
• New Product – Meeting the demand of small businesses, the company introduced SyndeoProtect™, allowing Syndeo to proactively monitor, manage and maintain distributed IT infrastructure remotely, easily and efficiently with one integrated Web-based platform.
• Expertise – To support new and growing client IT services, Syndeo hired a senior engineer with more than 15 years experience in the design, implementation and support of LAN/WAN networks.

“Syndeo’s continued growth is a testament to our ability to deliver on our combination of technology expertise, reliability and attentiveness. As a dedicated IT resource, we keep our client’s technology working seamlessly and efficiently—allowing them to focus on key business objectives without distraction. Our industry certified techs minimize downtime and ensure peace of mind by providing tailored support solutions,” said Mike Berube, president and CEO of Syndeo. “We expect Syndeo’s momentum to continue as our customers increasingly rely on us to leverage technology, business consulting and IT insight in a way that produces distinguishable results and measurable business growth.”

About Syndeo Technologies
Syndeo Technologies offers organizations an outsourced IT department that combines business and technology expertise, 24 x 7 availability and exceptional client service. Organizations across multiple industries and of varying sizes trust Syndeo to proactively maintain their networks, to provide 24 x 7 network monitoring and user support, and to deliver strategic technology consulting and network upgrades that improve their bottom line business results. Founded in 2002, Syndeo is headquartered in Methuen, Mass., and is a dedicated IT resource for organizations in the greater Boston area and throughout New England. For more information, please visit www.syndeotech.com.

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