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Minority-Owned Firm Creates Subsidiary to Fulfill Supplier Diversity Goals for Fortune Level Businesses

Cleveland based minority firm creates subsidiary to fulfill supplier diversity goals for Fortune level businesses and federal government.

Cleveland OH May 5 2004 -- Ross-Tek Information Systems, a Cleveland Ohio technology solutions provider, announces the launch of Matrix Data Corporation, a wholly owned subsidiary of Ross-Tek that provides large corporations a method to achieve their business goals by direct supplier diversity spending. Matrix Data’s core offering is computer supplies and other consumable computer products such as toner cartridges, printer supplies and other peripherals.

Matrix Data’s extensive e-commerce website, www.matrixdata.com is the portal for approved customers to centralize their purchasing from a selection of 50,000+ name brand supplies and products routinely stocked for immediate fulfillment. The secure site can handle thousands of business transactions seamlessly while providing individual online management reports and electronic invoicing. Matrix Data offers customers 1-2 day delivery service throughout the continental United States from 36 strategically located distribution centers. In addition, there are seventy-five authorized agents available nationally to interact with customers to address product questions, special needs or service issues.

As a certified MBE (minority business enterprise), Ross-Tek formed Matrix Data to address supplier diversity programs currently in place at most publicly held corporations. Today’s progressive corporate executives look at their diversity initiatives very seriously as a long-term strategy to stimulate economic development in their respective areas. This approach is in line with a published article in the April 24th 2001 Los Angeles Times titled, “A Flourishing Business Base Needs Minority Entrepreneurs.” Author, Glenn Yago of the Milkin Institute states “the last decade of technology-driven growth has been deep, but not broad. To sustain that growth, the economy must draw on entrepreneurs and workers who have not participated in the nation's economic boom.”

To meet this multi-million dollar market for products and related computer supplies, Ross-Tek crafted marketing and distribution agreements with Cleveland based MCPc Computer Products & Consulting that identifies MCPc as the primary supplier to Matrix Data. This will provide Matrix Data’s management team with the capability to aggressively compete for federal, state and corporate contracts.

Ross-Tek President, CIO Frederick Johnson is excited about this strategy to expand his seven-year old company. “The relationship with MCPc enables our firm the ability to scale to address the ongoing demand cycle of major corporations.” "For example, having credit terms readily available to order and deliver large quantities to multiple locations in multiple time zones has traditionally been a challenge for small businesses seeking to service Fortune level corporations.”

About Ross-Tek Information Systems: A nationally recognized information technology-consulting firm providing Microsoft solutions and services for small to medium-sized businesses and government agencies. As a Microsoft Certified Partner and a leading expert of Microsoft Windows Small Business Server, Ross-Tek is recognized as a trusted advisor for hundreds of small businesses. Ross-Tek is a certified minority-owned business with the federal Small Business Administration 8(a) program, the state of Ohio, the city of Cleveland and the Northern Ohio Minority Business Council. www.rosstek.com