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.