SOURCE: IPLogic, Inc.

May 22, 2006 10:35 ET

TR Communications Changes Name to IPLogic, Inc.

New York State Technology Leaders Complete Integration of Two Companies, Unite Under a Single Brand

BUFFALO, NY -- (MARKET WIRE) -- May 22, 2006 -- TR Communications, Buffalo's leading communications technology solutions provider, has announced that it has changed its name to IPLogic. TR Communications and IPLogic of Albany, NY, merged on January 31, 2006 to deliver unified communications solutions to companies throughout Upstate and Western New York, New England, Pennsylvania, and West Virginia. In addition to unifying the company under a single brand, the name change marks the completion of the integration of the two technology leaders.

"This is more than just a name change," said Kevin Kelly, vice president of sales and marketing for IPLogic. "We have successfully integrated two technology leaders, united dominant and inter-related voice and data technologies, and created a dynamic provider of solutions to business communications challenges."

"In our merger announcement in January, we felt it would take at least until the end of 2006 to truly complete the integration of the two companies," said Ken Yanneck, chief executive officer of IPLogic. "We are ahead of schedule, and we are now ready to operate under a single brand, recognized as a leading provider of integrated voice and data technology. IPLogic is really a company unlike any other in this region, and our customers continue to receive the same high-level of service and best-of-breed solutions that they have come to expect. The only things that change are the company name on the business card, and our growing suite of communications solutions to help our customers improve their businesses."

The integration also allows IPLogic to provide Cisco Gold Certified Partner services and technical expertise to customers in Western New York, Pennsylvania, and West Virginia. Cisco Gold Certified Partner is the exclusive designation based on demonstrated technical expertise in communication technologies and the ability to deliver end-to-end quality solutions and customer satisfaction in planning, designing, implementing and supporting Cisco network solutions. "What this means is that we offer, in all our markets, unmatched capacity and capability to provide communications technology," adds Kelly.

Through significant organic growth and with support from recent investment by DeltaPoint Capital Management and the New York State Common Retirement Fund, IPLogic continues to expand. The company expects to add up to 100 new jobs over the next three to five years as a result of its rapid growth. "We recruit the very best and brightest IT and communication professionals who have an understanding of the complex, specialized work that we do. We have the financial support, facilities, expertise and staff to be successful and to help our customers succeed," Kelly added.

The company's expanded suite of solutions includes:

--  Voice and unified communications;
--  Network security;
--  Mobility and wireless;
--  Managed IT services; and
--  IT staff augmentation.
    
In addition to the name change, IPLogic is relocating its Buffalo office (the former TR Communications headquarters) into an expanded, state-of-the-art facility in Amherst, N.Y. This will allow IPLogic to expand its sales and support efforts and support the anticipated growth of the company.

The address for the company's new Amherst facility is:

IPLogic, Inc.
495 Commerce Dr.
Amherst, NY 14228
The Amherst office phone number is 716-694-3750.

About IPLogic, Inc.

IPLogic delivers converged voice, data, and audio/visual communications solutions that increase revenue, decrease cost, and maximize organizational productivity for clients. Serving medium to large organizations across the states of New York, Vermont, Massachusetts, Pennsylvania, and West Virginia, IPLogic expertise includes voice and unified communications through traditional PBX and converged IP telephony and audio/visual communications, network security, network infrastructure (LAN/WAN), mobility and wireless network solutions, managed IT and network services, and training and IT staff augmentation solutions. We empower clients to Connect, Communicate, and Compete -- Better™. For more information, visit www.IPLogic.com.

About DeltaPoint Capital Management, LLC

DeltaPoint Capital III is the third pool of private equity capital managed by DeltaPoint Capital Management, LLC which targets investment in established, privately owned or closely held companies located in New York State. DeltaPoint Capital III plans to invest in as many as 15 businesses over the next five years. The principals of DeltaPoint Capital have been actively involved in providing investment capital to companies in New York State for the past 17 years. Through two prior capital funds and other investments, DeltaPoint's principals have invested in several Western New York companies and are actively managing four of these prior investments. For more information, visit http://www.deltapointcapital.com.

Contact Information

  • CONTACT:
    Kevin Kelly
    Vice President, Sales and Marketing
    IPLogic, Inc.
    Tel: (716) 694-3750
    Email Contact