MediaFirst Press Center: Press Release, Canvas Systems Achieves Leadership Position In VARBusiness 500

CANVAS SYSTEMS ACHIEVES LEADERSHIP POSITION IN VARBusiness 500

Company Places In Top Half For Second Consecutive Year

Norcross, GA – JULY 12, 2006 – Canvas Systems, a full cycle technology value management company, announces a ranking of number 202 in VARBusiness magazine's annual list of top Information Technology (IT) providers. Canvas Systems, which offers IT consulting, information security solutions, network and infrastructure design, communications services (including VoIP), disaster recovery services, and storage solutions, reported revenues of $118M in 2005. For the second consecutive year, Canvas Systems placed among the top 250 solution providers, out of 10,000 nominees, in CMP Media's 2006 VARBusiness 500.

”"Canvas Systems' overwhelming success and market leadership is due to our employees' great work ethic and commitment to customer satisfaction,“ said Sean Murphy, VP and Co-Founder, Canvas Systems. ”We are pleased to be recorded for a second year on this prestigious list of top solutions providers.“

The VARBusiness 500 award recognizes the top-placed firms among North America's approximately 90,000 third-party companies that help corporations and institutions best apply IT strategies and systems. The definitive revenue-based ranking is derived from formal research among solution providers, IT consultants, integrators and service organizations. The collective revenue of this year's class is $378 billion, up 13 percent over last year. The threshold for entry into this exclusive club rose to $21 million, up 14 percent.

Canvas Systems has been growing substantially since inception by embracing new technologies; penetrating new markets, such as the International, business continuity and disaster recovery marketplaces; and defining new services such as asset recovery and disposal. Canvas Systems was established in 2002 by partners Ed Flachbarth, James Davie and Sean Murphy.

About Canvas Systems

Canvas Systems is a leading, global supplier of pre-owned Information Technology (IT) equipment and systems with emphasis on enterprise-class computing and networking hardware from the most respected manufacturers. Canvas has an inventory of more than $20 million worth of IBM (iSeries, pSeries, xSeries), HP9000, Sun Microsystems, Cisco, Networking, Compaq, and Storage equipment, which can be shipped worldwide overnight to more than sixty countries to serve immediate customer needs. The firm is dedicated to addressing the unique needs of the used or refurbished computer equipment market. Canvas Systems is the best reseller from which to buy, sell, rent, lease or trade your pre-owned IT equipment worldwide. Canvas offers customers comprehensive financial options for acquiring and managing the life cycle of computer technology, such as leasing, installment payment and rental. A distinguishing factor for Canvas Systems is their flexible rental program, which provides customers with needed equipment for a variety of special projects--such as software testing, data center moves or seasonal requirements--and can conform to meet any budget. Canvas is part of the $220M OHC, LLC. For additional information, contact http://www.CanvasSystems.com.

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MediaFirst PR -Atlanta
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