En Pointe Technologies, Inc. Announces Sale of Controlling Interest in Information...

En Pointe Technologies, Inc. Announces Sale of Controlling Interest in
Information Technology Service Business

LOS ANGELES, Calif., July 9 /PRNewswire-FirstCall/ -- En Pointe
Technologies, Inc. (Nasdaq: ENPT), a leading national provider of
business-to-business information technology products, services and solutions,
today announced that its wholly-owned subsidiary, En Pointe Technologies
Sales, Inc. ("SalesCo") entered into an agreement to sell a majority interest
in its IT service business. In structuring the sale, SalesCo will transfer
substantially all of its service employees and related contracts to its
wholly-owned subsidiary, En Pointe Global Services, LLC ("EPGS").
Allied Digital Services Ltd ("ADSL"), a publicly traded corporation on the
Bombay Stock Exchange in India, will acquire from SalesCo an 80.5% interest in
EPGS for $10 million in cash and 745,000 shares of ADSL stock with a one year
lockup from the date of issuance. The shares of ADSL stock are currently
valued at approximately $14 million as quoted on the Bombay Stock Exchange.
SalesCo will retain the remaining 19.5% interest in EPGS.
In connection with the transaction, En Pointe, SalesCo and EPGS have also
signed cooperative sales and marketing as well as subcontracting agreements
offering the En Pointe customers more service offerings. Bob Din, En Pointe's
CEO stated, "ADSL is a perfect complementary fit with the En Pointe Global
Services organization. Our combined offerings will allow EPGS to deliver
complete or partial outsourcing of critical Information Technology
Infrastructure management and support solutions, creating a globally optimized
delivery model. We will be one of the few companies to offer comprehensive
offshore based I.T. solutions coupled with our U.S. based sales, project
management, dispatch, field technicians and local engineers. ADSL also gives
En Pointe Global Services the strong financial platform to continue to
accelerate growth and expand its current offerings. En Pointe will continue to
sell I.T. hardware and software licensing and will work closely with the En
Pointe Global Services teams to offer our mutual customers the three pillars
we have built En Pointe on, hardware, software and services."
Nitin Shah Chairman of ADSL stated, "Allied Digital has been searching for
the right acquisition to accelerate our entry into the vast U.S. marketplace.
En Pointe Global Services will give us a large portfolio of premier customers,
a mature sales and delivery team and field technicians and engineers across
the U.S. It is our intent to leave the EPGS organization completely intact
and operate autonomously with current management. The CEO of En Pointe
Technologies, Inc., Bob Din, will serve on the board of En Pointe Global
Services as a representative of SalesCo. En Pointe customers will continue to
have the benefit of their known and trusted sales and delivery teams with the
added ability to expand the relationship and leverage the ADSL additional core
offerings such as Remote IT infrastructure management, and managed security
and compliance monitoring services."
About En Pointe Technologies, Inc.
En Pointe Technologies, Inc. provides the information technology
marketplace, including mid-market and enterprise accounts, government
agencies, and educational institutions nationwide, with computer hardware,
software, information security, and managed and professional services. En
Pointe has the flexibility to customize information technology services to
fulfill the unique needs of each of its customers.
En Pointe employs SAP, Clarify(TM), and AccessPointe(TM) (an e-procurement
application), proven and dependable software applications, to support its
broad customer base. Founded in 1993 and headquartered in Los Angeles, En
Pointe maintains an ISO 9001:2000 certified configuration center in San
Bernardino County, California and is well represented in leading national
markets throughout the United States. En Pointe has the experience and the
technology to help organizations simplify the management of their information
technology infrastructure.
En Pointe's Ovex Global division provides customers with solutions for
affordable information technology services by combining low cost with high
quality offshore services provided through its foreign subsidiary, Ovex
Technologies (Private), Inc., with experienced onshore information technology
management teams that provide the necessary supervision and guidance to smooth
each customer's outsourcing transition.
Visit http://www.enpointe.com to learn more.
About Allied Digital
Allied Digital Services, is one of India's leading I.T. Infrastructure
management and technical support services outsourcing company with over two
decades of experience in technology and enterprise I.T. Infrastructures,
implementing, managing and consulting on complex I.T. and business systems for
global businesses. ADSL has over 1500 committed professionals from different
managerial and engineering backgrounds operating across 92 locations in India.
ADSL's core offerings include Enterprise IT infrastructure management and
managed security services. ADSL market cap as of July 3, 2008 is approximately
US $335 million.
Visit http://www.Alliedindia.com
This document contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. In addition, from time to time,
En Pointe Technologies, or its representatives, have made or may make
forward-looking statements, orally or in writing. The words "estimate,"
"project," "potential," "intended," "expect," "anticipate," "believe" and
similar expressions or words are intended to identify forward-looking
statements. Such forward-looking statements may be included in, but are not
limited to, various filings made by En Pointe with the Securities and Exchange
Commission, press releases or oral statements made with the approval of an
authorized executive officer of the Company. Actual results could differ
materially from those projected or suggested in any forward-looking statements
as a result of a wide variety of factors and conditions. Reference is hereby
made to En Pointe's Annual Report on Form 10-K for the fiscal year ended
September 30, 2007 for information regarding those factors and conditions.
Among the important factors that could cause actual results to differ
materially from management's projections, estimates and expectations include,
but are not limited to: changing economic influences in the industry;
dependence on key personnel; actions of manufacturers and suppliers; and
availability of adequate financing. Readers are cautioned not to place undue
reliance upon these forward-looking statements that speak only as of the date
of this press release. En Pointe undertakes no obligation to update publicly
any forward-looking statements to reflect new information, events or
circumstances after the date of this press release or to reflect the
occurrence of unanticipated events.
All trademarks and service marks are the property of their respective
owners.
To contact En Pointe regarding any investor matters, please contact:

Javed Latif
Chief Financial Officer and
Sr. Vice President, Operations
En Pointe Technologies, Inc.
Phone: (310) 337-5212
Fax: (310) 324-3149
ir@enpointe.com

To contact En Pointe regarding any sales or customer matters, please
e-mail us at: sales@enpointe.com or contact us by phone at (310) 337-5200.
SOURCE En Pointe Technologies, Inc.

Javed Latif, Chief Financial Officer and Sr. Vice President, Operations of En
Pointe Technologies, Inc., +1-310-337-5212, fax, +1-310-324-3149,
ir@enpointe.com