06:08:04 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Nerds On Site Inc
Symbol NERD
Shares Issued 87,213,056
Close 2024-01-30 C$ 0.065
Market Cap C$ 5,668,849
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Nerds On Site merges with Nerds On Call

2024-01-31 12:43 ET - News Release

Mr. Charlie Regan reports

NERDS ON SITE MERGES WITH NERDS ON CALL

Nerds On Site Inc. has signed a deal to merge with Nerds On Call, a leading technology support company located throughout California that caters toward residential clients. To ensure strong integration, the six-month dovetailing of operations will begin in March, 2024, and allow for a seamless transition that will avoid all of the growing pains associated with mergers of this kind for loyal clients of both companies.

"We were not looking to fit an enterprise into our Nerds On Site family, but rather looking for the perfect fit for our Nerds On Site family," said Charlie Regan, chief executive officer of Nerds On Site. "In terms of culture, client focus, personality and service offerings, we have struck gold."

Nerds On Call generates about $2-million/year in revenue with about 3,000 monthly service subscribers/contracts in the residential and SOHO space. For nearly six months, Nerds On Call has already been providing a North American-based help desk for SOHO, SME (small and medium enterprise) and residential clients for Nerds On Site with great success. With this merger, Nerds On Site will be expanding its help desk offering, while Nerds On Call will be granted business information technology, cutting-edge cybersecurity, cloud services, managed services, IT consulting and VOIP (voice over Internet protocol) solutions for its 3,000 subscription and contract client base.

"We cannot wait until these two enterprises are seamlessly interwoven and able to provide an even greater roster of superior services to our customers," said Andrea Elderidge, CEO of Nerds On Call. "With this dovetail approach, we look forward to providing these services to our loyal customers without the challenges that come from trying to merge two large, successful brands without proper due diligence and care."

About Nerds On Site Inc.

Nerds On Site is a leading provider of cybersecurity and IT services to SME and corporate clients in North America. Established in 1995 and serving clients across the United States and Canada for decades, Nerds On Site stands out as one of the most highly regarded and reputable IT service organizations of its kind. The Nerds team is a collegial network of cybersecurity and technology experts and strategic partners across North America. Their ability to liberate clients with technology solutions that optimize organizations and exceed expectations is the standout result Nerds On Site regularly delivers, as client testimonials reflect.

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