Reston, VA, August 05, 2007 --(PR.com
)-- SQL Farms, Inc., a leading provider of database management and administration tools for large IT environments, announced earlier today an investment partnership with DeParis Redinger, a progressive technology-focused boutique investment bank led by former Microsoft M&A executives. Under the terms of the partnership, two managing directors at DeParis Redinger, Mr. Kyle Redinger and Mr. Francesco DeParis will hold key positions on SQL Farms' management board to assist and lead the company through its ongoing growth. Additional details regarding the partnership were not provided by either side and remain undisclosed at this time.
"In the last several months DeParis Redinger and SQL Farms have been working very closely in a number of different areas to plan and facilitate the rapid growth of SQL Farms," said Dr. Omri Bahat, Chief Executive Officer of SQL Farms. He added, "Formalizing this relationship represents a significant milestone, one of several that will be announced in the near future."
When asked about the partnership, Mr. Kyle Redinger replied that "SQL Farms has demonstrated that managing complex data farms will only become increasingly difficult in the future. The company has created a truly innovative solution that addresses the needs of a world that is becoming digital. We are happy to lend our experience and advisory to the SQL Farms team and believe our roles will facilitate the acceptance of a much-needed database technology."
About SQL Farms, Inc.
SQL Farms, Inc. (http://www.sqlfarms.com) develops database management tools and agile frameworks for working with many databases and servers in mid-size to very large SQL Server environments. The company's products focus on deployment solutions for SQL Server, database administration, distributed querying and data collection capabilities in large data centers, as well as SQL server configuration and change management.
About DeParis Redinger, LLC
DeParis Redinger LLC (http://www.deparisredinger.com ) empowers visionaries in the Digital Media, Alternative Energy and Information Technology industries. As a boutique investment bank, DeParis Redinger provides its clients with industry leading strategic and financial advisory. DeParis Redinger focuses on creating long term partnerships with clients in order to maximize the value of their innovative and disruptive ideas.
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