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NeoVerus Completes Acquisition of Creatine TS - Combined company to deliver software platform that will redefine on-demand delivery of business solutions for mid market customers
NeoVerus Completes Acquisition of Creatine TS

 

PRZOOM - /newswire/ - Newark, CA, United States, 2009/10/05 - Combined company to deliver software platform that will redefine on-demand delivery of business solutions for mid market customers.

   
 
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NeoVerus, Inc. today announced the completion of its acquisition of Creatine TS, Inc. The transaction was finalized on Monday, Aug. 10, 2009. The combination of NeoVerus and Creatine TS creates an entity that can offer a broader range of Service oriented business solutions for mid market customers. The acquisition also accelerates NeoVerus's strategic direction to advance a powerful and easy to use software platform based on Creatine TS’s IP in the area of standardized connectors for mid market ERP and CRM software packages.

Last week the company completed the planned integration of the two companies’ operations to ensure a smooth transition and immediate value for customers, partners and investors. As part of the initial integration of product portfolios, NeoVerus today announced that it will be launching its Tax, Freight, Pricing and Customs product portfolio in separate press releases. Management of the combined company includes executives from both organizations. Sanju Shah continues serving the new entity as chief operating officer and CTO.

About NeoVerus Incorporated

NeoVerus' provides service-oriented Saas/On-demand Tax, Freight, Customs and Pricing software business solutions to mid-market enterprise customers and partners. The offerings have been designed to enable our partners/customers to benefit from the market transition to the "Cloud" paradigm in the mid-market enterprise applications domain. NeoVerus (neoverus.com) is headquartered in Newark, California and has offices in North Carolina and India.

 
 
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NeoVerus Completes Acquisition of Creatine TS

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Contact: Derek Venema - Neoverus.com 
510-764-9590 derek[.]neoverus.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Neoverus, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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