IT Capital announces founding of The Naples Technology Group

Naples, FL - April 12, 2011 - IT Capital announced today the founding of The Naples Technology Group (TNTG), a research think tank and funding organization dedicated to creating a technology hub on Southwest Florida’s Gulf Coast.

“The think tank is identifying technology businesses that will benefit from relocating or launching a business in Southwest Florida due to its modern infrastructure, educated workforce, tax advantages and transportation network. Typically, these technology businesses focus on driving greater efficiency and effectiveness within major corporations and governments globally, have highly educated employees, and benefit from the mature recurring nature of their business,” said IT Capital Founder Aivars Lode.

One of the Naples based technology companies benefitting from TNTG is Dark Star Cloud, the first cloud computing platform that satisfies both the desire for cloud computing and the proven benefits of the mainframe culture and technology. “There are plenty of options to build departmental and Web2.0 applications in the cloud, including Amazon’s EC2, Microsoft’s Azure, Salesforce.com’s Force.com; however, each of these clouds are built on Linux or Windows.

There are still thousands of mission critical applications running on mainframe computers. These users are wedded to enterprise class mainframe technology for its proven robustness, reliability and scalability. Dark Star Cloud has bought together 50 technology professionals from around the world to participate in this initiative based out of Naples,” Lode said.

Another company Lode encouraged to move to Naples through TNTG initiatives is Best Results, a technology company formerly based in Sydney, Australia. Best Results leverages the Florida Gulf Coast University business department providing graduates to assist global corporations in maximizing profitability.

“The implementation of Best Results’ Integrated Resource Platform (IRP®) delivers unparalleled value and return on investment. It is the most significant value-generating initiative available and deployed in business operations in the last 100 years," said Best Results co-Founder and Chief Technology Officer Robert McWhirter.

The Naples Technology Group is a member of the Peace to Barron Foundation, a non-governmental philanthropic organization of leading business executives dedicated to promoting the business advantages of Southwest Florida -- from Punta Gorda and the Peace River in the North, all the way down to the Barron River in the South. Rob Tholemeier, founding member of the Peace to Barron Foundation, is also a Dark Star Cloud founding member.

BIG Capital partners with IT Capital

Commerce, GA November 1, 2010 – B.I.G. Capital partnered with IT Capital and announced today that it has completed the acquisition of Resource One, Incorporated, a leading provider of performance management and incentive compensation software to the financial services industry.

"We are pleased to partner with ROI and play a role in guiding the company into its next phase of growth," said Gaylord Bodet, a Partner of BIG. "Through its Motivator product line, ROI offers premier business intelligence solutions for complex performance measurement and compensation needs which continue to grow in importance for many corporations today. We expect the market for performance measurement and compensation solutions to continue to grow, and we believe that ROI is well positioned to capitalize on this growth.”

Paul Bodet, Partner of BIG has assumed the role of ROI President. “We seek out companies like ROI that are poised to break out from the competition through superior customer service and technology solutions,” said Paul Bodet. “We believe ROI is well positioned in the Business Intelligence and Performance Measurement/Incentive Compensation industry to address market opportunities and meet the needs of its strong customer base.”

“IT Capital seeks to support partnerships like BIG because of the depth of experience and management expertise that BIG brings to the table,” said Aivars Lode Managing Director of IT Capital.

The company will retain the Resource One name and will be headquartered in Dallas, Texas.

About Resource One, Incorporated
Resource One, Incorporated is a software development and consulting firm specializing in fully automated performance measurement and incentive compensation systems. The company has been providing software and consulting services to its customers since 1983. For more information see www.themotivator.com.

About B.I.G. Capital
B.I.G. Capital is a private investment company focused on investments in the software industry. BIG’s investment strategy is to purchase equity interests in companies and apply additional capital for growth opportunities and consolidation acquisitions. Leveraging this experience, BIG is focused on additional acquisitions within the software industry. For more information see www.bigcapllc.com.

About IT Capital IT Capital is a Naples FL based merchant bank focused exclusively on partnership-oriented investments in middle-market companies. IT Capital works with existing management teams as well as experienced executives to sponsor minority and majority recapitalizations, growth, and consolidation transactions specifically in the software and technology sectors. More information is available at www.itcap.net.