Loffler Buys Geek Squad Spin-Off: Techies

Jan 11, 2010, 10:00 ET from Loffler Companies

BLOOMINGTON, Minn., Jan. 11 /PRNewswire/ -- Loffler, a leader in providing excellence in digital office technologies, services and IT solutions in the Midwest, announces it has finalized the acquisition of Techies, a business-to-business information technologies consulting service.

The addition of Techies to Loffler will give Techies clients access to the same integrated solutions Loffler customers have enjoyed for several years. Loffler IT customers will in turn, benefit from the added knowledge of Techies experienced engineering staff.

"This acquisition was driven by customer demand," said Jim Loffler, President and CEO of Loffler Companies, Inc. "Almost every piece of technology in offices today involves computers. Our clients continue to challenge us to enhance our integration services to meet their increasing needs. Techies will help us meet that challenge."

"Geek Squad is a convergence of consumer technology. Techies is a convergence of office technology," said Robert Stephens, founder of Geek Squad, a business-to-consumer tech help business. "The computer, once primarily a product, has now become primarily a service. We recognized Loffler's commitment to process and service. The move to sell Techies completes a convergence." Techies was started by Stephens in 1994.

Loffler's nearly 300 employees work together to provide solutions for client needs in integration, implementation and connectivity of critical technologies i.e. computers, copiers/faxes/scanners, software, servers and networks, document management and workflow, telephone systems, dictation, and call recording. Loffler uses its people and processes to integrate these technologies to save businesses time and money. Its rapidly growing Loffler Management Solutions organization provides business critical services on client sites to allow them to focus on their core competencies.

About Loffler Companies

Loffler Companies is a family-owned office technology and services organization based in Bloomington, Minn. that provides its clients with world class solutions and support. Areas of expertise include multifunctional copiers, printers, color, Total Print Management, software solutions and consulting services, on-site managed services (facilities management), IT managed services and solutions, and telephony & voice recording solutions. Loffler Companies recently was recognized as a member of the Inc 5000 list of the fastest-growing private companies in America for the second year in a row as well as Elite Office Dealer of the Year.

For more information on Loffler, visit www.loffler.com or call 952-925-6800.

SOURCE Loffler Companies



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