Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Today's Top SOA Links


Vicente Capital Partners Invests in Intellectual Technology, Inc.
Seventh Investment for Los Angeles-Based Firm's Growth Equity Fund

LOS ANGELES, CA -- (Marketwire) -- 11/15/12 -- Vicente Capital Partners, a leading growth equity investment firm, announced today that an affiliate of its Growth Equity Fund acquired a controlling interest in Intellectual Technology, Inc. (ITI), the premier provider of technology solutions and outsourced services to motor vehicle departments (DMVs) across North America. ITI's common stock will cease trading on the OTC Pink Sheets and will be delisted today.

ITI was represented by Imperial Capital, a full-service investment bank servicing institutional investors and middle market companies. OneWest Bank provided debt financing, and no further financial details were disclosed. This is VCP's seventh investment out of its $165 million Growth Equity Fund.

Headquartered in Carlsbad, California, ITI offers both on-demand printing and fulfillment solutions to modernize DMV operations and services. Powered by its proprietary software, ITI's on-demand offering features both printers managed by DMV personnel and self-service kiosks which enable customers to receive vehicle registrations and other DMV services without having to wait in line for DMV personnel. ITI is the leader in vehicle registration kiosks and currently provides kiosks to DMV offices in California, Nevada, South Dakota and New York. ITI's on-demand products reduce fraud, inventory risk and wait-times. ITI also offers a fulfillment solution, whereby states can outsource their entire DMV registration operation to ITI's corporate facility. This significantly cuts costs at the state-level, while enhancing the quality of services provided to the end customer.

ITI's management team has extensive experience in the DMV services industry and is led by President Craig Litchin and Director of Operations Drew Nicholson.

"We are excited to partner with Craig, Drew and their team," said Jay Ferguson, Managing Partner of Vicente Capital Partners. "For over 20 years, ITI has maintained excellent customer service and developed long-term relationships with some of the largest jurisdictions in North America. We look forward to partnering with management to help the company accelerate its growth and capabilities."

"Vicente Capital Partners shares our drive to modernize and improve the customer experience at DMVs across North America. We are excited about this partnership and believe that together we can continue to grow and expand our offering," said Craig Litchin, ITI President. "This partnership is a win for our customers, partners, employees, and suppliers."

Jay Ferguson and David Casares of Vicente Capital Partners will join ITI's board of directors.

About Intellectual Technology, Inc.

Intellectual Technology, Inc. (ITI) provides innovative hardware and software system integration, as well as printing and delivery solutions to motor vehicle agencies throughout North America. ITI has over 20 years of experience in developing self-service and other on-demand solutions focusing on motor vehicle agencies. ITI is based in Carlsbad, California, with a logistics and operations office located in Fort Wayne, Indiana. Visit our website at www.iti4dmv.com.

About Vicente Capital Partners

Vicente Capital Partners is a private equity firm specializing in both non-control and control investments in growth businesses that have annual revenues between $5 million and $50 million. The firm's investment professionals have a long and successful track record of partnering with management teams to create and realize value across a number of different industries including: Business Services (outsourced services, Internet services, telecom services); Consumer Services (healthcare services, residential delivery, education); and Specialty Manufacturing (aerospace & defense, environmental products, networking/telecom equipment). Current investments include SMT, VXi Corporation, Campus Explorer, and MedBridge. Prior investments include Overture, Rent.com, Cogent Communications, Sensor Systems, Transoft Networks, LivHome, O2 Science, and NewBridge College, among others.

For more information about Vicente Capital Partners, please visit www.vicentecapital.com

Add to Digg Bookmark with del.icio.us Add to Newsvine

Vicente Capital Partners
www.vicentecapital.com
310-826-2255

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Web 2.0 Latest News
With the growing number of CSS Preprocessors like LESS, Sass, Turbine, Stylus and Swith CSS to name a few, it’s hard to decide which to choose for your project, and which will provide the best CSS authoring. Rather than focus on evaluating every CSS Preprocessor (that would simply take...
Machine-to-machine (M2M) technology and the resulting Internet of Things are leading us inexorably toward everything-as-a-service (XaaS). As more things get connected, the range of service opportunities expands. And as those services are presented online, they become available for use,...
General Electric (GE) has been a household name for more than a century, thanks in large part to its role in making households easier to run. Starting with the light bulb invented by its founder, Thomas Edison, GE has been selling devices (“things”) to consumers throughout its 122-year...
In my hunt for the mysterious DevOps practice, I’ve been let down. DevOps are hard to find. When you find them, they do not exactly do what you think they should do. Some DevOps teams only execute on automation for dev; while others are operations folks with a new name; and still other...
Just last year, a CA Technologies and Vanson Bourne survey revealed that DevOps was not a sure-fire hit— 16 percent of senior IT professionals did not know what DevOps was, and an additional 18 percent had no plans to adopt it. Fast forward one year and the results tell an entirely new...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE