7/15/2010 - Genesis Networks acquires interest in Austin Tele-Services

SAN ANTONIO, Texas  -- July 15, 2010 -- Genesis Networks, a provider of network, IT, and supply chain solutions to the communications industry, has completed an investment in Austin Tele-Services, LP (ATS), based in Austin, Texas. ATS is a provider of IT, IP and telecommunications equipment, asset recovery solutions and reverse logistics services. With this acquisition, ATS will operate as a subsidiary of Genesis Networks. 

"ATS is a leader in providing communications and IT equipment and logistics services on a global basis. I am very pleased to welcome them to Genesis Networks. This investment will enable Genesis to broaden the solutions we can provide our customers and bring them more value," said James Goodman, chief executive officer of Genesis Networks.
"ATS is pleased to join Genesis Networks. Our partnership will allow ATS to strengthen and expand the value we bring to our telecom and enterprise customers," said Charles Roesslein, chief executive officer of ATS.

For more information visit www.genesisnet.com and www.austints.com.




 
   
   
   
 
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