Sterling, VA 04/21/2006: VARGIS LLC announced today that it is merging its operations with its corporate parent, Infotech Enterprises America, Inc. and will be known by that name beginning April 24th 2006. The complete VARGIS leadership and expert technical staff remain intact, and are now backed by the resources of 4,000 associates, including more than 2,200 geospatial professionals worldwide with expertise in data management, software development, conversion, migration and photogrammetry. Infotech is a recognized leader in geospatial and engineering solutions in North America, Europe and Asia-Pacific markets.
Infotech’s geospatial business in North America has witnessed exceptional growth this past year based on major contracts with Los Angeles County, the State of New York, Public Service Electric & Gas (PSEG), McGraw Hill, GE Energy, Rand McNally and other clients. The company continued its strong penetration within the utilities, government and transportation markets resulting in a 200% increase in new contracts for the fiscal year ended 3/31/06 and a year-on-year revenue growth of 76% for the same period.
Commenting on the company’s new identity and synergy with its parent organization, Greg Tilley, President – Geospatial Division, said, “The business, technical and execution strengths of the global Infotech Enterprises organization give us greater leverage to deliver expert geospatial solutions in North American markets. Our clients will benefit from the domain and technical expertise, sophisticated processes and global delivery model that have underpinned Infotech’s success with businesses and governments worldwide.”