National IT Infrastructure Company Expands into Canadian Market with
SKOKIE, ILL., September 6 /CNW/ - Forsythe Solutions Group, Inc., a
36-year old national provider of technology infrastructure services and a
wholly-owned subsidiary of Forsythe Technology, Inc., announced that it has
acquired Information Security Technology, Inc. (IST), a leading provider of
information security solutions, for an undisclosed amount. IST employs more
than 30 people in seven locations in the U.S. and Canada. The company was
founded in 2000 and is headquartered in St. Paul, Minnesota.
This acquisition enhances Forsythe's range of information security
offerings and capabilities. It also strengthens Forsythe's presence in
Minnesota and in the Ohio Valley, and introduces Forsythe into the Canadian
market for IT infrastructure solutions.
This transaction is Forsythe's third major acquisition of a security
services company in five years. In February, 2004, Forsythe acquired National
Business Group, Inc. (NBG), an Atlanta-based leader in networking integration
of security solutions. In 2002, Forsythe acquired the security and consulting
services assets and contracts of Telenisus, a Chicago-based company that
helped customers secure business over the Internet.
"Our customers face increased information security challenges, threats
and vulnerabilities," comments Forsythe president William P. Brennan.
"Information security is no longer a separate discipline--it permeates every
aspect of IT infrastructure. The addition of IST's security expertise and
experience further enhances Forsythe's information security capabilities and
strengthens the full complement of IT infrastructure offerings we provide to
"Forsythe's long history of stability and continued growth, as well as
its ability to evolve to meet the needs of its customers, is a great fit with
IST's business model," stated Dave Gustafson, president and CEO of IST. "We
are confident that this transaction provides tremendous opportunity for our
clients--and for IST employees in terms of expanded resources and professional
IST has a proven track record of providing holistic information security
solutions for business, non-profits, and all levels of government, helping
clients design and implement security policies, technologies and solutions.
IST is partner to and integrator for many technology manufacturers, including
Check Point, Cisco Systems, ISS, McAfee, Nokia, RSA/EMC, Secure Computing and
Effective immediately, IST will operate as a wholly-owned subsidiary of
Forsythe Solutions Group, Inc. Dave Gustafson will continue as president and
CEO of IST, a Forsythe company, and has been also been named vice president,
security solutions at Forsythe. With the acquisition of IST, Forsythe's
workforce now numbers more than 800 people in 44 locations in the U.S. and
Founded in 1971, Forsythe serves as an information technology
infrastructure integrator, helping organizations across all industries,
including Fortune 1000 companies, solve business problems through technology.
Acting as a trusted, independent advisor, Forsythe provides technology and
business consulting services, technology leasing services, and value-added
reseller services for all the leading technology product manufacturers.
Headquartered in Skokie, Illinois, Forsythe employs 800 people in more than 40
offices throughout the United States and is 100-percent employee-owned. In
2006, Forsythe achieved its 36th consecutive year of profitability with
revenues of over $604 million. Forsythe McArthur Associates, Inc., Forsythe
Solutions Group, Inc., and Forsythe Federal Solutions Corp. are wholly-owned
subsidiaries of Forsythe Technology, Inc. For more information, visit
For further information:
For further information: KemperLesnik Communications Jason Abrahams,
312-755-3533 email@example.com or Forsythe Technology Kyra
Auslander, 847-213-7178 firstname.lastname@example.org