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Quisitive Announces Completion of Acquisition of Menlo Technologies





Toronto, Ontario - TheNewswire - January 2, 2020 - Quisitive Technology Solutions, Inc. ("Quisitive" or the "Company") (TSXV:QUIS), a premier Microsoft solutions provider and Microsoft 2019 US Partner of the Year is pleased to announce the closing of the previously announced acquisition of Menlo Technologies, Inc. ("Menlo"), a leading provider of Microsoft technology, corporate consulting, and business software and systems based in Los Altos, California (the "Transaction"). The Transaction was previously announced on December 9, 2019.

"The completion of the Menlo transaction fuels our strategic vision by providing enterprise customers with North American scale and global reach, focused depth across Microsoft's entire cloud platform; Microsoft Azure, Microsoft Office 365 and Microsoft Dynamics, and offshore capability," said Quisitive CEO Mike Reinhart. "The addition of the Menlo leadership team amplifies the accomplished Quisitive organization to provide the momentum needed to facilitate accelerated organic growth."

The Menlo acquisition is a strong complement to the Company's acquisition of Corporate Renaissance Group which was completed in June 2019. The strength of capabilities these organizations bring to the Quisitive portfolio secure their place as they create the technology partner of the future. Quisitive has grown over 300% in the past year, both organically and through acquisitions and now has eight regional locations in North America, an offshore development center in Hyderabad, India and over 300 employees.

Quisitive is building unique value in the market for enterprise organizations looking for a technology consulting firm that has a deep understanding and expert knowledge of the appropriate business applications of cloud technology.

"Quisitive brings a wealth of expertise in deploying Microsoft cloud solutions. With our expertise in complementary technologies and financial management applications we can now further guide organizations on their digital transformation journey," said Menlo CEO Gary Prioste. "This combination will enable us to scale throughout North America while providing the foundation to expand our cloud service offerings."

Gary Prioste will join the Quisitive executive team as the President of Menlo Technologies, where his experience building, and operating technology organizations will complement the Quisitive leadership team and bring forth significant impact.


About Quisitive

Quisitive is a premier Microsoft solutions provider that helps enterprise organizations move, operate and innovate in the Microsoft cloud: Microsoft Azure, Microsoft Dynamics and Microsoft O365 as well as provide proprietary Software as a Service ("SaaS") solutions such as CRG emPerform(TM), LedgerPay payments and cloud data services [platform and business solutions from other technology partners that complement the Microsoft platform. With a legacy of deep technical and business expertise, Quisitive is empowering the enterprise to navigate the ever-changing technology climate their business relies upon. Quisitive helps customers harness the power of the Microsoft cloud and innovative technologies such as, artificial intelligence, machine learning, the Internet of Things (IoT) and blockchain through customized solutions.

Quisitive is the 2019 Microsoft United States Partner of the Year. Quisitive earned this top honor among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology.

Quisitive is uniquely comprised of experienced Microsoft partner leaders and technologists who share a deep understanding of market needs and the appropriate application of Microsoft cloud technology. The company's expertise and focus are on helping industries such as financial services, manufacturing, oil and gas, and retail, drive innovation using Microsoft cloud-based technologies.

Quisitive serves clients globally with offices in Dallas, TX; Denver, CO; Minneapolis, MN; Ottawa, ON; and Toronto, ON. For more information, visit http://www.Quisitive.com and follow @BeQuisitive. TSXV: QUIS.

About Menlo Technologies, Inc.

Based in Los Altos, California, Menlo Technologies delivers software development solutions on multiple platforms designed to help clients compete in an increasingly demanding global market. Menlo is a premier provider of outsourced web, mobile, and cloud development solutions as well as ERP and business applications. Lead by seasoned technology executives, their experience as both buyers and providers of technology solutions provides an edge in anticipating client needs. Their Hybrid Delivery approach utilizes a combination of onshore and offshore resources to maximize cost and efficiency. Their clients include Toshiba, Dell, Renesas and NEC.

Menlo services clients globally with offices in Los Altos, CA; Washington, DC; Austin, TX; and Hyderabad, India. For more information, visit www.menlo-technologies.com.

For additional information

Mike Reinhart

Chief Executive Officer

mike.reinhart@Quisitive.com

972-573-0995

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