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Nexus Ranked Among North America’s Top 500 Technology Integrators by Everything Channel

Release Date: 6/9/2009

Nexus has been recognized by Everything Channel as one of North America’s top technology integrators. Nexus placed number 226 in the 15th annual VAR500 ranking.

The VAR500 list details the leading revenue producers among technology integrators and technology Solution Provider organizations in North America. The list’s ranking is based on gross worldwide revenue of hardware and software sales, as well as earnings from professional and managed information technology (IT) services.

The 2009 VAR500 list includes 92 new companies with 10 percent of them in the Top 100 of the list. The starting point of the list is company #500 with revenues of $26.8 million, ending with company #1 with revenues of $57.3 billion. This list reflects the strength of the technology reseller channel.

“The VAR500 represents today’s largest and most influential solution providers who collectively generate nearly $600 billion in service, consulting and product revenue. Their business models span the strong regional VAR to the highly specialized players to the global services giants. The VAR500 serve today’s leading businesses whether they are at the top of the Fortune 500 or one of the small businesses that powers the U.S. economy. All of those customers turn to the VAR500 for advice on technology and product selection and ways to improve their business performance. They are the cream of the crop when it comes to the solution provider community. Oracle’s Larry Ellison, Microsoft’s Steve Ballmer and Cisco’s John Chambers are all highly reliant on the VAR500 to meet their goals. There is no more powerful network in the IT industry today than the VAR500,” said Robert C. DeMarzo, senior vice president and editorial director, Everything Channel.

"We are extremely pleased to make the VAR500 list again this year," said Deron Pearson, Nexus President. "Since Nexus was launched in 2004, we have expanded to 380 professionals and our 2008 revenues were a record $168 million on strong organic growth of 20%. Our cumulative revenues for our first five years of business are now $546 million, 100% of it organically generated. We look forward to further connecting with our clients and learning their business needs and goals, collaborating with them to determine the best path to achieve them, and creating an action plan that will allow them to attain their objectives."

The complete listing of the VAR500 is published in the May 25, 2009 issue and can be found online at www.channelweb.com.

To complete the 2009 ranking of the 500 largest North American solution providers, system integrators, VARs and IT consultants, companies were asked to complete an online questionnaire to determine prequalification. In February 2009, Everything Channel conducted extensive research and analyzed the data. Independent data sourcing (e.g., SEC filings, annual reports, etc.) also was conducted. Finalists were ranked according to their fiscal year 2008 revenue, based only on their reseller-related services business.

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