SOURCE: MaintenanceNet

March 22, 2007 11:00 ET

MaintenanceNet, Inc. Opens New Corporate Headquarters to Support Escalating Demand for Maintenance Contract Management Solutions

CARLSBAD, CA -- (MARKET WIRE) -- March 22, 2007 -- MaintenanceNet, Inc., the leading provider of maintenance contract management services, today announced the opening of its new corporate headquarters in Carlsbad, Calif. The new facility is situated in the center of the region's high-technology industrial area, offering significantly larger engineering, sales, support and administrative facilities as well as an advanced new product demonstration center.

According to MaintenanceNet's CEO Scott Herron, the larger headquarters and overall increase in office space will allow the company to better respond to escalating demand for its managed data integration services and portal-based software technology. "MaintenanceNet is enjoying significant growth brought on by increased customer need for innovative, scalable maintenance contract management technologies representing a market segment that we have pioneered," he said. "Our new expanded facilities will allow us to continue to innovate and grow."

Thousands of North American value-added resellers and leading distributors, such as Ingram Micro Inc. (NYSE: IM), SYNNEX and Avnet, leverage MaintenanceNet technology to drive increases in service sales. In addition, the company's service network of partners now encompasses more than 50 manufacturers and OEM alliances, with a growing number of manufacturers also contracting directly with the company to realize improvements in their service sales initiatives.

Recently, MaintenanceNet introduced IQM (Integrated Quoting Module), a comprehensive, self-help service renewal system designed to expedite time to revenue while dramatically reducing the cycles required to generate quotes for maintenance service contract renewals. The first deployment of IQM was launched earlier this month as a major new component of the Ingram Micro Reseller Services Portal (RSP) powered by MaintenanceNet. Ingram Micro's RSP was introduced in April 2006 as a free service to make it easier for Ingram Micro solution providers and manufacturing partners to achieve increased service revenues and maximize sales potential.

MaintenanceNet's new headquarters address is 5963 La Place Court, Carlsbad, CA 92008. Telephone: 866.699.7212.

About MaintenanceNet

MaintenanceNet is a leading provider of maintenance contract management services. The company's innovative web-based products and comprehensive data mining, aggregation and management services allow technology vendors to maximize service revenue opportunities while improving customer satisfaction and overall operational efficiencies. By connecting technology vendors with OEMs, channel partners and end-clients, MaintenanceNet facilitates the management, marketing and sales of maintenance services. For more information, contact (866) 699-7212 or visit www.maintenancenet.com.

MaintenanceNet is a registered trademark of MaintenanceNet Incorporated.

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