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PRESS RELEASE
May 17, 2010
FOR IMMEDIATE RELEASE
Melis Jones

Vice President

P: 972-869-8171  C: 214-435-1248

melis_jones@aidmatrix.org

Aidmatrix Acquires NPower Texas

Aidmatrix Expands Offerings for Texas Nonprofit Marketplace Delivering Tailored Supply-Chain and IT Solutions to Empower Humanitarian Relief Efforts

DALLAS, TX - May 17, 2010 - Today, The Aidmatrix Foundation, Inc. (www.aidmdatrix.org) announced its intent to acquire the assets and programming of NPower Texas, a Dallas-based nonprofit organization focused on improving nonprofits' access to technology. The deal includes the transfer of board members, staff, customers, products, revenue, assets and liabilities. It brings together two IT pioneers in Texas' history of improving the lives of their community members through technology. The expansion further solidifies Aidmatrix' ability to deliver end-to-end technology and consulting solutions for small- to mid-sized nonprofits of nearly all missions and improves the overall flow of humanitarian relief delivered in Texas. NPower Texas will continue to operate as an independent entity for several months, transitioning activities and eventually operating fully as a program under the Aidmatrix Foundation Inc., and most of Aidmatrix' Texas programming will be performed under the NPower Texas program name.

 

The organizations have a strong history of partnership, with Aidmatrix assisting in the launch of NPower Texas in 2007, and both organizations partnering with NPower's National Network of affiliates in a variety of ways.

 

"Along with the obvious operational efficiencies from supporting NPower Texas' vital programming with our nationally-recognized back-office capabilities, the combination of the Aidmatrix global technology footprint with the nimbleness of NPower Texas to care for local community organizations with quality, means together we'll be able to provide even more powerful solutions to those on the front lines of improving the lives of Texans," stated Gov. Scott McCallum, president and CEO of Aidmatrix.


Executive and Senior Management Appointments

As part of the transaction, NPower Texas board members Sean McCaffrey, Frank Brienzi, Noel Barnard, and Larry Shosid will join the The Aidmatrix Foundation board of directors. NPower Texas staff and other team members, including foundational staff CTO Amir Tabei and Web Developer Patsy Caldwell will join the Aidmatrix team to continue the development and support of the NPower partner community while working to create new offerings for the marketplace.

About The Aidmatrix Foundation, Inc.

The Aidmatrix Foundation, Inc. builds and operates powerful technology hubs that support diverse stakeholder groups in their efforts to work together to solve the world's most challenging humanitarian crises. Our solutions enhance participation, amplify contributions, and accelerate results for humanitarian relief.  38,000 leading corporate, nonprofit and government partners leverage solutions to mobilize $1.5 billion annually in global aid with Aidmatrix. The donated goods, money and services impact the lives of 65 million people. Aidmatrix is a 501 (c) 3 nonprofit headquartered in Dallas, Texas, USA, with offices in Wisconsin, Germany and India.                                                                 ###
The Aidmatrix Network is a registered trademark of The Aidmatrix Foundation. Inc. All other trademarks are property of their respective owners.