All Covered acquires assets of Atlanta-based IT services company

Division of Konica Minolta Business Solutions U.S.A. expands its footprint in Georgia, acquires new IT talent

PNCFoster City, Calif. and Ramsey, New Jersey - January 30, 2015 - All Covered, a division of Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta) and one of the nation’s leading IT Services companies, has acquired the assets of Preferred Networks Corporation of Atlanta. The company’s clients will now be serviced by the All Covered IT Services division of KMBS, giving All Covered a stronger foothold in the greater Atlanta area. The acquisition became official January 1, 2015.

"We are excited to begin 2015 with news of this acquisition," says Todd Croteau, president of All Covered. "Preferred Networks Corporation has developed an outstanding model of delivering cloud technologies, data backup solutions and managed IT services to its customers in the Atlanta area. The company’s mission and services align perfectly with All Covered’s commitment to providing unmatched IT services to organizations across all industries.”

In addition to gaining Preferred Networks Corporation’s clients, All Covered also expands their capabilities with a talented group of IT services professionals that understand the wide range of technology demands facing businesses today. All of Preferred Networks Corporation’s employees were retained in the acquisition, including David Webster, the company’s founder and president.

Since its inception in 2007, Preferred Networks Corporation has built a reputation locally for delivering top-of-the-line IT services to customers in the greater Atlanta area. Beginning with contract-based managed IT services as its core offering, Preferred Networks Corporation added cloud and desktop services in 2012. The company’s Infrastructure-as-a-Service (IaaS) cloud offering focuses on hosted applications, backup and disaster recovery services, and Citrix XenApp virtual apps that allow companies to reduce or eliminate large investments on IT infrastructure and allow them to access data from anywhere in the world.

About Konica Minolta

Konica Minolta Business Solutions U.S.A., Inc. is one of the world’s leaders in information management focused on enterprise content, technology optimization and cloud services. Our portfolio of offerings deliver solutions to improve our customers’ speed to market, manage technology costs, and facilitate the sharing of information to increase productivity. The All Covered IT Services division offers a range of solutions across all verticals with their IT strategy, support, project and cloud computing needs. KMBS has won numerous awards and recognition, including placement in the Leaders Quadrant of the 2014 Magic Quadrant for Managed Print Services (MPS) and Managed Content Services (MCS). Konica Minolta has been recognized as the #1 Brand for Customer Loyalty in the MFP Office Copier Market by Brand Keys for seven consecutive years. Konica Minolta, Inc. has also been named to the Dow Jones Sustainability World Index for three years in a row. For more information, please visit www.CountOnKonicaMinolta.com or www.allcovered.com and follow Konica Minolta on Facebook, YouTube, and Twitter.

Contact
Kristina Marchitto, Public Relations Manager
Konica Minolta Business Solutions U.S.A., Inc.
+1 201.236.4399
kmarchitto@kmbs.konicaminolta.us

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Konica Minolta is a registered trademark of Konica Minolta, Inc. All other trademarks mentioned in this document are the property of their respective owners.

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