Procurri Acquires Congruity's Third-Party Maintenance and Refurbished Hardware Business Divisions

ATLANTA, Ga., Jan. 30, 2017 /PRNewswire/ -- Procurri LLC ("Procurri"), a leading global independent provider of Data Center Equipment and IT Lifecycle Services, today announced the acquisition of Congruity LLC ("Congruity") to expand its 3rd Party Maintenance and IT Lifecycle Services offerings. Procurri now holds a 51% controlling interest, with Congruity retaining 49%.

JJ Jeanguenat, Procurri's Head of Services & Strategic Accounts, said,

"We're really excited about this alliance with Congruity and the opportunities it presents for both our Americas team and the rest of our global footprint. This will enable us to add even more value and grow Procurri's offering to our channel partners as a best-of-breed, post-warranty maintenance solution for their customers.

The ultimate benefit to the solution providers we serve is an enhanced services delivery model, advanced ticketing system and the back-line support to escalate any technical issue to a quick resolution with engineers who are subject matter experts."

Congruity is the premier provider for enterprise storage support with a talented pool of level 3 & level 4 engineers that have 100+ certifications from leading OEMs such as EMC, NetApp, HDS, Brocade and VMware.

Congruity serves over 1,000 partners providing 24x7x4 on-site support in all 50 states and 100 countries through its worldwide network of 12,000 service professionals and 660 FSLs (Forward Stocking Locations). In addition, Congruity stocks the largest inventory of refurbished data center storage hardware in the world.

Brian Davidson, CEO of Congruity, commented,

"We are ecstatic to join forces with Procurri, the first publicly listed global player in the enterprise hardware distribution and services industry. Combining Congruity's operational expertise with Procurri's powerful worldwide sales force, we anticipate this alliance will harness many synergies derived from better economies of scale and an expanded international presence."

JJ Jeanguenat of Procurri LLC will be named Manager of the new entity.

About Procurri

Procurri is one of the leading global independent providers of Data Center Equipment and IT Lifecycle Services. Since its incorporation in 2013, Procurri has grown rapidly through the years and now operates offices across three regional hubs -- Asia Pacific, Americas and EMEA -- with its global headquarters located in Singapore.

Through its direct presence and global network of partners, Procurri's business covers over 80 countries worldwide, providing a single touchpoint for its customers' Data Centrer Equipment and IT Lifecycle Services needs.

For US media inquiries, please contact:

Manning Moxley
Director of Marketing, US
Procurri LLC
Tel: 828.508.7720
mmoxley@procurri.com

For investor inquiries, please contact:

Karin XIAO
Investor Relations
Procurri Corporation Limited
Tel: +65 6486 1318
karin.xiao@procurri.com

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