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8-K - LevelBlox, Inc. | f8k_04014015nsi.htm |
EX-10 - LevelBlox, Inc. | ex102nsiunwind.htm |
EXHIBIT 99
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News Release
AlphaPoint Technology, Inc. (OTCBB APPO) and Ncompass Solutions, Inc. Unwind Acquisition
Sarasota, FL (April 20, 2015) AlphaPoint Technology, Inc. (OTCBB APPO) announced today that it completed the agreement with Ncompass Solutions, Inc., on the unwinding of the acquisition of Ncompass announced on December 23, 2014. AlphaPoint and Ncompass mutually agreed that the unwinding was in the best interests of all parties, including AlphaPoints and Ncompasss shareholders.
As a result of the unwinding, Ncompass is no longer a subsidiary of AlphaPoint and the Ncompass and AlphaPoint leadership teams have been returned to their pre-acquisition positions.
The companies intend to continue to work together to integrate AlphaPoints AssetCentral, which provides critical Data Center Infrastructure Management (DCIM) and Information Technology Asset Management (ITAM) information to help clients gain better visibility into their data center assets and IT capabilities, with Ncompasss LiveDC, a Data Center Service Optimization (DCSO) solution that accurately measures the essential DCIM capacity functions (i.e., power, cooling, performance optimization, space management and asset tracking), provides time-to-zero reporting, and tracks strategic progress
"It is unfortunate that the acquisition was not viable at this time," stated Gary Macleod, CEO, "however, the two companies will continue to collaborate on various projects, and look forward to maintaining a mutually beneficial relationship."
About AlphaPoint Technology
From its headquarters in Sarasota, Florida, AlphaPoint Technology provides Data Center and IT Asset Management Software. AssetCentral is a cutting-edge, easy-to-use, web-based IT Asset Management (ITAM software) and Data Center Infrastructure Management (DCIM software) solution that empowers IT professionals to simplify data center operations, streamline processes, implement best practices, improve service delivery, mitigate risk, and help drive Green Data Center Initiatives. To learn more, visit www.alphapointtechnology.com.
For more information, contact:
Jay Letendre
AlphaPoint Technology, Inc.
jletendre@alphapoint-us.com
941-907-8822, ext. 10
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