Owings Mills, MD, September 18, 2014 — BrownIT Corporation (BrownIT) announced today it has been acquired by BrownIT Holdings Corporation (BITH). The transaction, which was approved unanimously by the Boards of Directors of both companies, is seen as providing synergistic opportunities for BrownIT as well as BITH. “Merging BrownIT into the holdings company will bring a valuable infusion of resources that expands our service offerings to existing customers in the federal Health IT space,” said Mark Brown, Chairman and CEO of BrownIT and BITH. According to Brown, the BITH Board of Directors and Board of Advisors includes accomplished executives in the federal government contracting sector as well as prominent legal, financial and government business development experts. “I’m also excited that the merger adds partnerships with companies specializing in cyber security, 508 compliance, and electronic health records. These disciplines fill important needs in agencies such as the Centers for Medicare and Medicaid as well as the Food and Drug Administration and the Veterans Administration.”
About BrownIT Corporation
BrownIT is a provider of information technology solutions to the U.S. Federal government healthcare sector. Founded in 1999, BrownIT offers configuration management and quality assurance, data mining and analytics, system implementation, independent verification and validation testing, database administration, requirements generation and analysis, software development, and professional technical support services.
ABOUT BrownIT Holdings Corporation
BITH is an acquisition platform designed to quickly capture a share of the rapidly expanding Health IT market. BrownIT Holdings’ strategy is to acquire and integrate high potential Health IT companies to develop next generation products and services, maximize efficiencies and profits, and build a prominent market presence and brand.