Genesis Innovations Acquired by B-Basics(TM)

Apr 30, 2001, 01:00 ET from Genesis Innovations, Inc.

    ST. PAUL, Minn., April 30 /PRNewswire/ -- Genesis Innovations, Inc., an
 application service provider (ASP) for middle market companies, announced
 today it has agreed to be acquired by Eden Prairie-based B-Basics(TM) for an
 undisclosed amount.  The Platinum Group of Eden Prairie, Minn., orchestrated
 the acquisition.
     The acquisition provides Genesis Innovations with additional resources and
 will allow the company to expand its market presence and technical
 infrastructure.  "We are very excited about the synergies provided by the two
 companies and believe this to be a very logical next step," said Michael
 Anderson, Co-founder of Genesis.
     Through the acquisition, B-Basics will assume the consulting and
 professional services previously provided by Genesis Innovations while Genesis
 will focus solely on ASP services.  This move is designed to reduce channel
 conflict and improve relationships with the Genesis resellers.
     B-Basics is a business-to-business technology services firm specializing
 in technology assessment, planning and implementation.  "B-Basics acquisition
 of Genesis Innovations solidifies our service offering for middle market
 businesses and makes us a strong contender in serving the Great Plains
 Software market," said Ken Thygesen, President of B-Basics.
 
     About Genesis Innovations
     Genesis Innovations, founded in 1999, specializes in providing ERP and CRM
 hosting services to middle-market companies through its national partner
 channel.  Genesis Innovations has industry leading expertise in Great Plains
 software implementation and offers fully integrated business solutions.  The
 company's technical specialists are certified in a range of software
 applications which include Great Plains Software and Microsoft.
 
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SOURCE Genesis Innovations, Inc.
    ST. PAUL, Minn., April 30 /PRNewswire/ -- Genesis Innovations, Inc., an
 application service provider (ASP) for middle market companies, announced
 today it has agreed to be acquired by Eden Prairie-based B-Basics(TM) for an
 undisclosed amount.  The Platinum Group of Eden Prairie, Minn., orchestrated
 the acquisition.
     The acquisition provides Genesis Innovations with additional resources and
 will allow the company to expand its market presence and technical
 infrastructure.  "We are very excited about the synergies provided by the two
 companies and believe this to be a very logical next step," said Michael
 Anderson, Co-founder of Genesis.
     Through the acquisition, B-Basics will assume the consulting and
 professional services previously provided by Genesis Innovations while Genesis
 will focus solely on ASP services.  This move is designed to reduce channel
 conflict and improve relationships with the Genesis resellers.
     B-Basics is a business-to-business technology services firm specializing
 in technology assessment, planning and implementation.  "B-Basics acquisition
 of Genesis Innovations solidifies our service offering for middle market
 businesses and makes us a strong contender in serving the Great Plains
 Software market," said Ken Thygesen, President of B-Basics.
 
     About Genesis Innovations
     Genesis Innovations, founded in 1999, specializes in providing ERP and CRM
 hosting services to middle-market companies through its national partner
 channel.  Genesis Innovations has industry leading expertise in Great Plains
 software implementation and offers fully integrated business solutions.  The
 company's technical specialists are certified in a range of software
 applications which include Great Plains Software and Microsoft.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X75231667
 
 SOURCE  Genesis Innovations, Inc.