FOR IMMEDIATE RELEASE
Next Century Technologies Purchases JNetDirect
Herndon, VA - Next Century Technologies,
Inc. (NCT), a holding company based in Herndon, Virginia,
today announced the execution and closing of an asset
purchase transaction with Stelligent Incorporated whereby
NCT acquired the JNetDirect business from Stelligent.
JNetDirect (www.jnetdirect.com)
is a manufacturer and distributor of software products for
data connectivity, integration, management and security.
JNetDirect’s award winning JSQLConnect, is one of the
industry’s top selling JDBC drivers for high performance
access to Microsoft’s SQL Server products. JNetDirect also
retains distribution rights for several new leading edge
software applications including Elixir Technology’s
Repertoire, a business intelligence / reporting / dashboard
tool; SQL Farms Combine, a development and deployment
product for large database farms; and Thycotic’s Secret
Server, a password management software package.
“We view this transaction as an opportunity for JNet’s
management and employees to now focus on an aggressive
growth strategy” stated Ron Wright, CEO of Next Century
Technologies (www.nxtcent.com).
“With over 3,000 customers worldwide and IT professionals in
every market segment working with JNetDirect products, NCT
believes it has obtained an excellent vehicle for further
growth and expansion.”
JNetDirect’s main office has relocated to 12801 Worldgate
Drive in Herndon, Virginia and Mr. Wright will become
Chairman and CEO of JNetDirect Incorporated. Terms of the
transaction were not disclosed and Next Century Technologies
retains its interest in Stelligent Incorporated (www.stelligent.com),
an Agile development consulting firm.
About Next Century Technologies, Inc.
Next Century Technologies, Inc. (NCT) is a holding company
with an international focus on medical technology, software,
biotechnology and related distribution services and
outsourcing services to those markets.
Headquartered in Herndon, Virginia, Next
Century concentrates on a structure of lean management,
investment in technology and autonomous operation of its
individual investments which are developing new products and
services that revolutionize the markets they address.
For more information, visit
www.nxtcent.com
CONTACT:
Ron Wright
President/CEO – Next Century Technologies, Inc.
Tel.: 703.435-6103
Fax: 703.464.7385
ronwright@nxtcent.com
www.nxtcent.com
