CODELAB Technology Group

Description

Well managed, profitable and growing, CodeLab Technology Group is a partner that you can depend on for all of your application analysis, development and integration requirements.July 26, 2005 -- Allin Corporation (OTCBB: ALLN), a leading Microsoft Gold Certified Technology Consulting firm, announced that it has acquired CodeLab Technology Group of Wakefield, MA. CodeLab will operate as a business unit under the continued leadership of David Ritchie, CodeLab’s founder and CEO, and John Francis, CodeLab’s President. Rich Talarico, CEO of Allin Corporation stated that he was thrilled that the CodeLab Technology Group team has agreed to join Allin to lead their push into the financial services sector.According to David Ritchie, CEO of CodeLab Technology Group, “Allin’s ability to consistently earn accolades from both their clients and from Microsoft, where they are a multi-location Gold Partner and have recently been named Partner of the Year for Northern California, impressed us tremendously. As an independent company, we have made excellent progress within the financial services industry working with top-tier clients such as Thomson Financial and Citigroup. We were very careful to ensure that this merger clearly benefited our existing clients, while providing us with the resources and visibility to continue to expand within this sector. This transaction provides our stockholders, our employees and, critically, our clients, with tremendous benefits.”

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