Optimal Solutions Acquires SAP Consulting Firm Budgetec

Optimal Solutions Integration, Inc., a leader in SAP^®-based business transformation, today announced it has acquired Budgetec, LLC, a Fort Lauderdale, FL-based SAP consulting firm. Budgetec has worked with more than 100 public sector organizations and was selected by SAP to design the SAP Public Budget Formulation (PBF) solution and serve as SAP’s premier implementation partner on early PBF deployments.

“Optimal Solutions is a well established, highly regarded SAP consulting firm with deep roots in the public sector,” said Steven Magida, CEO for Budgetec. “The experience, professionalism and dedication to customer value at Optimal -- from senior management down -- make our two firms a great fit. Together, we present a compelling value proposition for public sector organizations of all sizes in need of budget formulation support and SAP consulting services. We are excited and very pleased to move forward as part of Optimal.”

In November 2009, Optimal Solutions received certification from SAP to market and implement the SAP PBF solution to public sector organizations throughout the United States and Canada. Optimal’s SAP consulting experience in the public sector includes work on projects at NASA, the U.S. Department of Defense, the District of Columbia, the State of Washington, Howard County, and the Port Authority of New York & New Jersey, among other public sector SAP sites.

Said Gurvendra Suri, CEO for Optimal Solutions, “In today’s tough economy, state and local government agencies face many challenges. Budgetary pressures are constant, as is the need for transparency, accurate reporting and responsible financial management. Budgetec’s real-world experience with numerous government agencies and demonstrable success implementing the SAP PBF solution meshes well with Optimal’s strong heritage in the public sector and strategically aligns with our aggressive growth goals for this sector. The acquisition of Budgetec bolsters Optimal’s unique positioning as the partner of choice for delivering cost-efficient, high-value SAP solutions and services to public sector organizations across the country.”

Optimal has achieved Premier-level status in the SAP Consulting Partner Program; is a Gold-level SAP Business All-in-One Partner and a Gold-level SAP BusinessObjects Partner.

About Optimal Solutions Integration, Inc.

Optimal Solutions Integration is a new breed of consulting firm specializing in SAP-based business transformation for companies and public sector organizations of all sizes. Optimal provides a comprehensive offering of SAP solutions and services, a proven methodology for accelerated SAP delivery, deep industry expertise, and a flexible onsite/offshore delivery model that accommodates the reality of business today. Optimal specializes in helping companies maximize ROI on their SAP applications by planning, deploying and maintaining world-class solutions in a timeframe they require, and at a cost they demand. For more information about Optimal, visit www.optimalsol.com.

SAP and all SAP logos are trademarks or registered trademarks of SAP AG (NYSE: SAP) in Germany and in several other countries. All other product and service names mentioned are the trademarks of their respective companies.