InnovaTech Holdings, Inc. 

News release
FOR IMMEDIATE RELEASE
Monday, March 30, 2009

InnovaTech Accelerates Growth with Strategic Acquisition

ALEXANDRIA, VA - InnovaTech, Inc., an Alexandria-based provider of business intelligence and data warehousing solutions, today announced a merger with Vivakos, Inc., an open source systems integrator focusing on enterprise content management and business process automation.

InnovaTech, Inc., established in 2003, helps organizations make sense of their complex data, by using data warehousing and business intelligence technology to reveal operational efficiencies, cost cutting strategies, and new revenue opportunities.

According to InnovaTech CEO, Neal Levene, the merger will provide clients with a broader range of Web application services and timely access to cutting edge open source options. "This economy is certainly challenging for our customers. Now, we can save them considerable money while delivering high-quality, enterprise-class solutions. Open source has vastly matured in recent years and it demands their attention." Mr. Levene also added that "With Vivakos, we are enhancing our ability to deliver our business intelligence and dash-boarding solutions through web applications and portals, and extending the reach of our data services to the commercial market".

The new organization continues to operate under both the InnovaTech and Vivakos names with each business unit delivering consistent customer services and with all staff remaining fully intact.

About InnovaTech
InnovaTech, Inc. is a technology solutions provider specializing in data warehousing and knowledge management. Innovatech helps organizations make sense of their complex data, improve decision making, and enhance organizational productivity. InnovaTech’s goal is to assist customers in achieving new levels of operational success by becoming a collaborative extension of their organization, focusing on how the right technology can enable their business mission. Innovatech offers a simple, trustworthy, and results-oriented way of dealing with information complexity. For further information, please see our website at www.innovatechinc.com.

For more information:
Chris Oliver
Phone: (703) 418.3919 x129
Fax: (703) 739-7689
E-mail: pr@innovatechinc.com