Park Place Technologies Jumps 96 Positions on Everything Channel's List of Top 500 Technology Providers

CLEVELAND, June 14 /PRNewswire/ -- Park Place Technologies, North America's premier provider of data center hardware maintenance, has been recognized by Everything Channel as one of North America's top technology service providers, moving up 96 spots in one year on the VAR500 list. The proactive and preventative maintenance (PPM) company for some of the largest U.S. businesses' data centers has seen contracts expand in the past year as well as adding new contracts to provide support to off-warranty hardware systems. Park Place helps clients extend the life of their existing IT investment, a strategy that gained in popularity during the recession and helped the company sustain stronger than average growth during the economic downturn.

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Ed Kenty, Park Place Technologies President and CEO, explains that the company's significant recent growth is based on a clear focus on its reseller partner channel and the incremental value partners can offer their customers.

"Park Place enables its reseller partners to enhance their long term client relationships by giving partners another reason to be in front of their clients, giving them an offering with no additional capital investment that helps them solve a universal client issue– how to reduce costs," Mr. Kenty says.

"We believe our channel growth, despite a challenging economic climate, is because we deliver a high value annuity service, which strengthens client relationships, reduces the complexity clients face with multi-vendor maintenance, and correlates with top client initiatives"

The 16th annual ranking VAR500 list details the leading producers among technology integrators and technology solution provider organizations in North America based on gross worldwide revenue of hardware and software sales, as well as earnings from professional and managed IT services. This year's list reflects the strength of the technology reseller channel as the ranking includes 182 new companies with four percent of the new entrants landing in the Top 100.

Park Place Technologies is known for their quality customer service and flexible support contracts to maintain hardware brands commonly used in data centers including major manufacturers IBM, HP Dell, EMC, Sun as well as legacy systems such as Data General (DG) and Digital Equipment Corporation (DEC) which have come off warranty.

Kelley Damore, VP, Editorial Director, Everything Channel says, "The VAR500 is the who's who of the solution provider community. Microsoft, HP, Cisco, Symantec among others are highly reliant on the VAR500 to sell their products to businesses and collectively this audience generated more than $500B in sales in 2009. Even more importantly they solve customers' biggest IT business problems through product integration, training, consulting and services. In companies large and small, the VAR500 are considered integration experts, trusted business advisors and invaluable partners. We are honored to compile this list and represent this audience."

The complete listing of the VAR500 is published in print and online at CRN.com on May 24, 2010.

Everything Channel

Everything Channel is the premier provider of IT channel-focused events, media, research, consulting, and sales and marketing services. With over 30 years of experience and engagement, Everything Channel has the unmatched channel expertise to execute integrated solutions for technology executives managing partner recruitment, enablement and go-to-market strategy in order to accelerate technology sales. Everything Channel is a UBM company. To learn more about Everything Channel, visit us at http://www.everythingchannel.com.

About United Business Media Limited (www.unitedbusinessmedia.com)

UBM (UBM.L) focuses on two principal activities: worldwide information distribution, targeting and monitoring; and, the development and monetization of B2B communities and markets. UBM's businesses inform markets and serve professional commercial communities - from doctors to game developers, from journalists to jewelry traders, from farmers to pharmacists – with integrated events, online, print and business information products. Our 6,500 staff in more than 30 countries are organized into specialist teams that serve these communities, bringing buyers and sellers together, helping them to do business and their markets to work effectively and efficiently.

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 I.T. equipment at a significant cost savings over the manufacturer. Park Place Technologies 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.

For additional information about Park Place Technologies, visit www.parkplacetechnologies.com or phone: 800-931-3199.

SOURCE Park Place Technologies