Deltek Acquires mySBX
Deltek and mySBX join forces to offer an online community that empowers government contractors to collaborate together to win more business and increase profits
HERNDON, VA – December 15, 2009 – Deltek, Inc. (Nasdaq: PROJ), the leading provider of enterprise applications software for project-focused businesses, today announced that it has acquired mySBX, an online community that enables government contractors to rapidly identify opportunities, manage resources, win more business, and increase profits.
Based in Reston, VA, mySBX is an online network where government contractors of all sizes and independent professionals go to publish and secure new opportunities, find qualified partners, identify and place resources, and collaborate in communities that focus on areas critical to business. The mySBX network is comprised of over 7,000 participants, and marquee customers include Lockheed Martin and Serco.
"The acquisition of mySBX significantly expands our reach and market leadership in the government contracting world," said Kevin Parker, President and CEO of Deltek. "Government contractors use mySBX every day to partner with subcontractors, collaborate on bids, comply with government requirements, and share best practices. We will invest in mySBX to further the value of this dynamic community and to deliver innovative solutions for our customers."
"Over the last several years, the mySBX network has grown substantially and driven value for all of its participants," said Jeff White, President and CEO of mySBX. "By aligning our customers and community with Deltek, we will leverage the software company’s deep research and development assets, market leadership position, and strong financial resources to expand mySBX’s offering to the marketplace. By combining our efforts with Deltek’s, we can accelerate the expansion of mySBX to best serve the entire government contracting community."
Companies and individuals interested in using mySBX should visit www.mySBX.com to learn more.
About Deltek
Deltek® (Nasdaq: PROJ) is the leading provider of enterprise applications software and solutions designed specifically for project-focused businesses. For more than two decades, our software applications have enabled organizations to automate mission-critical business processes around the engagement, execution and delivery of projects. More than 12,000 customers worldwide rely on Deltek to measure business results, optimize performance, streamline operations and win new business. Visit www.deltek.com.
Deltek also offers govWin, the industry's only online community dedicated to solving common business problems for government contractors. The govWin network delivers unique and specialized content, offers innovative matching capabilities to establish and manage teaming opportunities, and provides applications to identify, pursue, and win government contracts. Over 10,000 registered members, prime contractors, and small businesses are part of the govWin community. For more information, visit www.govwin.com.
For further information contact:
Patrick Smith, Senior Director, Public Relations & Analyst Relations, Deltek, Inc.
703.885.9062, PatrickSmith@deltek.com
