Park Place Technologies acquires Storfirst Software

Park Place Technologies Strengthens Its Vision with Data Migration Software Deal

CLEVELAND,Feb. 3,2022 --Park Place Technologies,the leading global data center and networking optimization firm,has strengthened its software portfolio with the purchase of Congruity360's Storfirst software platform.Storfirst is the industry's most secure,OEM- and platform-agnostic (cloud,hybrid cloud and on-prem) file system migration and information management software. Storfirst allows customers to manage the movement of their data from production servers to disaster recovery servers,on-prem and to the cloud; the software enables customers to control the movement of all file data.

Founded in 1991,Park Place Technologies is powered by the world's largest on-the-ground engineering team,a robust group of advanced engineers and its Enterprise Operations Centers. Park Place leverages a global parts supply chain,automation,machine learning and a comprehensive portfolio of services and products to optimize networking and data center Uptime and performance.

"Park Place Technologies has been using Storfirst,which launched nearly 20 years ago,for data migration file storage replication," said Brian Davidson,CEO of Congruity360. "By officially owning Storfirst,Park Place can enhance its data migration services and expand its software portfolio."

Storfirst's versatile,fully automated data migration and management software eliminates costly and time-consuming "rip-and-replace upgrades". Additionally,the software provides a single pane of glass to view and manage data and migration projects. Storfirst reduces cost across your entire file estate. It even helps manage risk associated with storing and managing regulated data,such as HIPAA.

"The acquisition of Storfirst is a tremendous addition to our portfolio of services and products,and represents great progress to expanding our software offerings," said Chris Adams,Park Place Technologies President and CEO. "Storfirst's ability to aggregate unstructured data and run analytics puts customers in the driver seat,empowering them to manage their data while reducing costs."

About Park Place Technologies

Park Place Technologies is your global data center and networking optimization firm. Powered by the world's largest on-the-ground engineering team,a robust group of advanced engineers and our fully staffed,24x7x365 Enterprise Operations Center,we offer a robust portfolio of IT solutions to optimize networking and data center Uptime and performance. Our services include third-party data center hardware maintenance,professional services,infrastructure managed services,network performance monitoring and hardware sales. Through our unique and fully integrated DMSO (Discover,Monitor,Support,Optimize) approach,customers enjoy streamlined infrastructure monitoring and management,cost efficiencies,less chaos,and faster mean-time-to-resolution – ultimately providing the freedom to think bigger. Park Place's industry-leading and award-winning services include Park Place Hardware Maintenance™,Park Place Professional Services™,ParkView Managed Services™,Entuity Software™ and Curvature Hardware sales. For more information,visit www.parkplacetechnologies.com. Park Place is a portfolio company of Charlesbank Capital Partners and GTCR.

Park Place Technologies Media Contacts

Jennifer Deutsch | Chief Marketing Officer

Main 877-778-8707 | Direct 440-991-3105

Michael Miller | Sr. Manager of Global Communications

Main 877-778-8707 | Direct 440-683-9426

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