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NetVision Resources, Inc. and GTRAS to Merge


News provided by

NetVision Resources, Inc.

Jul 06, 2010, 04:06 ET

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CHANTILLY, Va., July 6 /PRNewswire/ -- NetVision Resources, Inc. and GTRAS, Inc. have entered into a merger agreement in a step towards synergy and efficiency of business operations in the IT services industry. The combined entity NetVision Resources, Inc., also known as NVR, shall comprise a combined workforce across the United States, skilled in a wide range of technologies ranging from application development and QA to Enterprise Resource Planning and Business Intelligence.

NetVision Resources is a small, minority-owned business enterprise providing comprehensive IT services in the Washington, DC metro area since its inception in 1999. With a long history of past performance, the company has a number of clients in the private as well as public sectors. It also has a number of contract vehicles at the Federal, State and local government levels including SBA 8(a), GSA Schedule 70, Virginia MBE, Virginia SWaM, Maryland MBE and more. NVR has recently been certified as an ISO 9001:2008 organization. GTRAS, Inc. (Global Technology Resources and Solutions) was incorporated in 2000 as a small, woman-owned business enterprise. In addition to being a provider of end-to-end IT solutions across multiple technologies, GTRAS also has a strong performance record in providing staffing and skills on-demand services to its customer organizations. GTRAS, also located in Chantilly, VA, has long-term relationships with a number of direct and indirect clients in the commercial sector.  

A similar business vision and approach to growth and client satisfaction are reported to be the key drivers for this decision to combine the two entities. GTRAS and NVR have been working in close partnership to provide IT solutions to many clients over the years. This history of collaboration is expected to ensure a smooth transition for both companies in all business operations. The executive leadership of the combined organization is reported to consist of the top management team members from both the firms. "With our bigger size and combined pool of resources, we are in a stronger position to serve our clients with better efficiency and business results than before," said Srinivas Mankala, President & CEO of NetVision Resources.

The synergy from all business operations arising from the merger is expected to strengthen NetVision Resources' focus on project-based contracting for Federal, State and local government agencies. The merged entity shall retain its existing business certifications and contract vehicles, offering a combined set of service offerings - Enterprise Solutions, IT Services, Professional Services and Specialized Solutions in emerging areas such as Mobile Application Development, Healthcare IT  and Cyber Security. More information can be found at www.netvisionresources.com.

SOURCE NetVision Resources, Inc.

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