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Park Place International's Sustained Double-Digit Growth Prompts Name Change to Park Place Technologies

Local high- growth tech firm continues to expand in a harsh economic environment, but commits to keeping headquarters in Northeast Ohio


News provided by

Park Place Technologies

Feb 22, 2010, 08:00 ET

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CLEVELAND, Feb. 22 /PRNewswire/ -- Park Place International, a firm that has seen double-digit growth for the past decade in the highly competitive field of data center hardware maintenance, is changing its name to Park Place Technologies (www.parkplacetechnologies.com ) effective February 22, 2010.

(Logo: http://www.newscom.com/cgi-bin/prnh/20100222/CL57266LOGO)

"Although we are expanding nationwide, we are committed to keeping our headquarters here creating high-quality jobs and tapping into the rich talent pool residing in the region," says Ed Kenty, president and CEO.

Heralding the name change is a new website and image for the company, which was founded in 1991 as a computer reseller. The business has grown to become North America's premier provider of computer hardware maintenance, largely due to their commitment to People and Process.  

"Our new name more accurately represents our focus on delivering world-class technology maintenance services to our clients," says Kenty. "With our tremendous growth and success, it is necessary to differentiate our diverse business units in order to better serve our clients. Our new name also expresses our firm commitment to maintaining our clients' mission critical technology investment."

Park Place Technologies' double-digit growth over the past 10 years has been due to their ability to build long-term relationships with clients, deliver service that exceeds customer expectations, as well as their ability to be proactive in a reactive technology market. As major manufacturers changed focus and direction, Park Place has helped clients extend the life of their existing IT investment long before the economy forced them to do so.

"Only our name is changing, not our vision," adds Kenty. "Our People and Process will remain the same. Our clients can expect the high quality service and support upon which they have come to rely."

Park Place has grown its service and leadership team significantly in the last several years, bringing a wealth of experience from such major manufacturers as Sun, Dell, HP, IBM, DG and DEC. It continues to grow to meet its quickly expanding client base, and is opening offices in Los Angeles and Dallas Texas this year in addition to its newly expanded Boston facility.

Park Place International will remain a sister company to Park Place Technology providing full lifecycle support to Meditech clients.

About Park Place Technologies

Park Place Technologies is the premier provider of Data Center Hardware Maintenance. Park Place enables its customers to extend the life of their IT equipment at a significant cost savings over the manufacturer. Park Place is headquartered in Cleveland, Ohio with a world class Client Service and Support Center based outside of Boston, MA. Park Place's 19 years of experience with over 3,000 businesses make it a cost-effective, secure alternative to an OEM extended warranty program.

Park Place was named to the Weatherhead 100 list for a fourth consecutive year and listed as one of the "companies to watch" by the industry's leading trade publication, CRN Magazine.

For additional information about Park Place Technologies, visit www.parkplacetechnologies.com or phone: 440-339-5591.

SOURCE Park Place Technologies

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