Berbee Information Networks Corporation: and Foresight Technology Group Join Forces

Berbee
Jim Berbee, Chairman and Chief Executive Officer
608.298.1001

Madison, WI – July 15, 2004 – Berbee Information Networks Corporation, a leading Midwest provider of technology for business, announced today the acquisition of Foresight Technology Group (Foresight). Berbee Information Networks Corporation (Berbee), headquartered in Madison, WI and Foresight, headquartered in Cleveland, OH are leading IBM, Cisco and Microsoft Business Partners, providing servers, storage, software, and services to a wide range of customers in the Midwest. The combined revenues will exceed $280 million in fiscal 2004. Terms of the transaction were not disclosed.

“The combination will allow both organizations to cross-sell their respective products and services into the extensive client base of each company. In addition, the geographic fit is excellent, as Berbee recently opened new offices in Indiana and Michigan, both adjacent to existing markets served by Foresight,” said James Berbee, Chairman and Chief Executive Officer of Berbee.

“Combining the two organizations accelerates the growth opportunities of both companies. The new organization will be able to provide the portfolio of technology services that customers are demanding,” said James Dunn,
Co-Founder and Chairman of Foresight.

Wisconsin Governor Jim Doyle remarked “I view this as great news for the State of Wisconsin. As other high-tech companies consider investing in Wisconsin, we can point to Berbee as an example of a home-grown technology company that thrives here for many reasons including our outstanding education system.”

Foresight is one of the few IBM partners with the ability to provide all of IBM’s eSeries Servers, including IBM’s zSeries mainframe computers, along with related software, storage, services, and customer support. The continued importance of the mainframe in large corporate computing environments makes this a key component of the expanded product offerings that Berbee will now be able to offer its clients in currently served markets.

Berbee’s historical ranking as both Cisco System’s top Partner and Microsoft’s Midwest partner of the Year will complement Foresight’s customer offerings, bringing complete technology solutions across the Midwest.

All of Foresight’s 87 staff members are expected to remain with Berbee, and the combined entity will remain a private organization. The combined company will have approximately 500 staff members and be headquartered in Madison, WI. Rich Croll, President of Foresight, will join the executive team of Berbee where James Berbee will remain Chairman and Chief Executive Officer.

About Berbee – www.berbee.com
Selected as Cisco’s 2003 U.S. Partner of the Year and Microsoft’s Midwest District Partner of the Year, Berbee delivers the essential technology components for driving new and sustained business growth for its customers, including data center solutions, infrastructure, and high-value application services. Clients have come to rely on Berbee’s expertise in emerging technologies and the integration of those technologies into their business environments. Berbee is among a handful of companies worldwide to achieve top partner designations with Microsoft, IBM, and Cisco.

Berbee has offices in Madison, Milwaukee, Wausau, and Appleton, Wisconsin; Minneapolis, Minnesota; Grand Rapids and Detroit, Michigan; Chicago, Illinois; and Indianapolis, Indiana. Additional information about Berbee is available at www.berbee.com.

About Foresight – www.foretek.com
Foresight Technology Group has achieved exceptional business results and a consistently high degree of customer satisfaction through our commitment to excellence. Our strength is in the marriage of a company’s business objectives with technology solutions, whether hardware, software or services. Foresight’s solutions specialists have over 150 certifications and include Hardware & Software Product Specialists, Solution Architects, Project Managers, Application Developers, Web Integrators, WAN/LAN Design & Implementation Specialists, and Network Engineers.

Headquartered in Cleveland since 1993, Foresight Technology Group serves a geographic base that includes the Midwest and Southeastern regions of the United States.