SOURCE: SnowFin Corporation

June 01, 2006 14:06 ET

SnowFin Corp. Purchased by Timothy D. Wilson

Former San Diego Tech Firm CEO Purchases RTP Managed Service Provider

RESEARCH TRIANGLE PARK, NC -- (MARKET WIRE) -- June 1, 2006 -- SnowFin Corporation, a privately held provider of groundbreaking remote Information Technology (IT) services and solutions, announced today that Timothy D. Wilson of Willow Springs, NC purchased 100% ownership of the company in a stock sale. "I'm excited about this opportunity and look forward to taking SnowFin to new heights while maintaining a superior level of customer service," said Tim, who will serve as President and CEO.

Timothy D. Wilson was formerly the owner of TDWIL Systems in La Mesa, CA, which specialized in computer networking solutions, IT consulting and training, plus web hosting and design. Tim relocated to North Carolina in mid-2005 to be nearer family and came to work for SnowFin as a Senior Technical Specialist.

"Tim has been an outstanding employee, and his leadership skills and experience as an IT business owner made him the perfect choice when I decided to sell the business," said Steve Giles, former SnowFin owner and current Chief Technology Officer. "Our customers have been very pleased with Tim's commitment to excellent service and his easy-going demeanor since the day he came on board with SnowFin. He has some outstanding ideas for moving the company forward."

Effective with Tim Wilson's purchase of the company, SnowFin becomes a minority-owned business.

SnowFin customers have been enthusiastic about Tim Wilson taking the helm. David Jeffrey, Managing Partner at Parish Capital Europe (www.parishcapital.com), stated, "SnowFin has been a huge help providing me with a level of IT support which I never thought existed. Traveling around the world and being able to call SnowFin 24x7 to get help has truly been a relief and comfort. I've dealt with huge IT organizations in the past and have never experienced the level of IT support I receive from SnowFin. The SnowFin team under Tim's leadership is outstanding and I would recommend them."

About SnowFin

Formed in 2003, SnowFin Corp. (www.snowfin.com) is a new breed of IT outsourcer, delivering highly cost effective and comprehensive IT solutions to small and medium-sized businesses. By outsourcing IT work to SnowFin, companies benefit from the expertise and reliability of a team of technical experts 24x7 at a fraction of the cost of operating a full-fledged IT department in-house. From the SnowFin Extended Network Operation Center located in Research Triangle Park, NC, SnowFin customers get complete end-to-end management including monitoring for uptime, backups, security and performance, as well as problem resolution and patch distribution. SnowFin provides support for Microsoft products, Solaris, Linux, Macintosh, Cisco and numerous other vendors' products.

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