Forsythe Technology 2008 Results Published: Year of Expansion and Continued Profitability

U.S.-based IT infrastructure integrator continues to expand despite challenging
economic climate
SKOKIE, Ill.--(Business Wire)--
Forsythe Technology, Inc., a privately-held, 100-percent employee-owned IT
infrastructure integrator, today announced the online and print publication of
its annual report, which features a variety of client solution case studies as
well as its financial results for 2008, its 38th consecutive profitable year.
Forsythe's 2008 annual report records revenues of $700 million, a 10-percent
increase over 2007, and profits of $18 million, which are consistent with its
2007 earnings. Forsythe, which experienced 10 percent personnel growth in 2008,
was recognized in September 2008 as one of Consulting magazine`s Best Firms to
Work for in the small consulting firms category. Forsythe is also listed among
the VARBusiness 500 top IT solution providers and the Monitor100 top finance and
leasing companies for 2008 and 2009.

In 2008, despite a challenging economic climate, Forsythe continued to make
investments in its people and its operations in order to better help its clients
optimize the cost, manage the risk and improve the performance of their IT
infrastructure. These included:

* The acquisition in April 2008 of the storage integration business assets of
More Group, Inc., an employee-owned New England-based storage integration
company founded in 2004.
* The launch in June 2008 of Forsythe Technology Canada, with headquarters just
outside Toronto and offices in Calgary, Edmonton, Vancouver and Winnipeg.
* The successful negotiation in December 2008 of a $97.5 million,
three-and-a-half-year loan agreement for general working capital and in order to
be able to capitalize upon appropriate market opportunities, including
acquisitions and other investments for growth. Forsythe has made use of similar
loan agreements for more than two-thirds of its 38 years of continually
profitable operations.

Forsythe`s annual report is available online at www.forsytheannualreport.com. It
is also available as a PDF at http://www.forsythe.com/na/aboutus/annualreport.

About Forsythe

Founded in 1971, Forsythe is an information technology infrastructure
integrator. Forsythe helps complex organizations across all industries,
including Fortune 1000 companies, optimize cost and manage risk while improving
performance. Forsythe provides independent technology and business consulting
services, technology leasing services, and value-added reseller services for all
the leading technology product manufacturers. Headquartered in Skokie, Illinois,
Forsythe employs approximately 900 people in 50 offices throughout the United
States and Canada. Forsythe is privately held and 100-percent employee-owned. In
2008, Forsythe achieved its 38th consecutive year of profitability with revenues
of $700 million. Forsythe McArthur Associates Inc., Forsythe Solutions Group
Inc., Forsythe Federal Solutions Corp., Forsythe Technology Canada Inc. and
Forsythe International Inc. are wholly-owned subsidiaries of Forsythe Technology
Inc. For more information, visit www.forsythe.com.

Allyson Marcus
KemperLesnik Communications
312.755.3592
allyson.marcus@kemplerlesnik.com
or
Kyra Auslander
Forsythe Technology
847.213.7178
kauslander@forsythe.com

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