PARK PLACE TECHNOLOGIES ACQUIRES RELIABLE TECHNOLOGY

Park Place Technologies

CLEVELAND, March 23, 2022 (Reuters) / PRNewswire /

The acquisition strengthens Park Place’s position as the world’s leading provider of third party maintenance services

Park Place Technologies, a world leader in data center and network optimization, has acquired Reliant Technology, a third-party maintenance, support and hardware company headquartered in Atlanta, Georgia. The acquisition will provide more products and services to Reliant Technology’s broad customer base.

Founded in 2007 by current CEO and sole owner Reid Smith-Vaniz, Reliant Technology provides maintenance and support for third-party storage, networking, and server equipment. The company supports all major OEM brands and serves nearly 500 customers in North America, Africa, Europe and Asia.

It is the second acquisition of Park Place in 2022 and the 20th acquisition since 2016.

“We’ve taken Reliant Technology as far as possible, recognizing that as our customers grow, they need an evolved product line and more resources,” said Smith-Vaniz. “We have built an incredible culture and team at Reliant Technology, and I am confident they will fit in well at Park Place. I am pleased to know that as Park Place has grown, it has maintained its commitment to the human component and personal investment in its customers. Park Place offers immense resources, a global team and a strong portfolio of managed services and products that add even greater value to our customers and our customer service. “

Reliant Technology’s hardware inventory will be part of Curvature, Park Place’s new and used hardware division. Curvature has established itself as a leader in the global IT market for affordable, reliable and cost-effective hardware solutions. Even during ongoing supply chain disruptions, Curvature remained resilient.

“Reliant Technology helps its customers make the best storage, server and network maintenance decisions, resulting in significant savings. This has long been our culture and business model. The integration of Reliant Technology allows us to continue our success in retaining third-party vendors by offering Reliant Technology’s customers a comprehensive portfolio of managed services, ”said Chris Adams, President and CEO of Park Place Technologies.

Founded in 1991, Park Place Technologies is supported by the world’s largest team of local engineers, a solid group of hundreds of advanced engineers and its 24×7 corporate operations centers. Park Place leverages a global component supply chain, automation, machine learning, and a comprehensive portfolio of services and products to optimize network and data center uptime and performance.

Information on Park Place technologies

Park Place Technologies is a global data center and network optimization company. Backed by the largest team of on-site engineers in the world, a strong group of advanced engineers and our fully staffed Enterprise Operations Center, 24/7, we offer a robust portfolio of IT solutions to optimize your time of activity and performance of the network and data center. Our services include hardware maintenance in third party data centers, professional services, infrastructure managed services, network performance monitoring and hardware sales. Through our unique and fully integrated DMSO (Discover, Monitor, Support, Optimize) approach, customers enjoy simplified infrastructure monitoring and management, cost efficiency, less chaos and faster resolution times, ultimately offering the freedom to create long-term concepts. Park Place’s award-winning and industry-leading services include Park Place Hardware Maintenance ™, Park Place Professional Services ™, ParkView Managed Services ™, Entuity Software ™ and Curvature Hardware Sales. Visit www.parkplacetechnologies.com for more information. Park Place is a portfolio company of Charlesbank Capital Partners and GTCR.

Contact person:

| Marketing Manager
Main 877-778-8707 | Direct 440-991-3105
| Senior Manager for Global Communications
Main 877-778-8707 | Direct 440-683-9426
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