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Press Releases
PHNS Acquires Network Technology Group
Firms join to provide greater breadth of IT services to customers
DALLAS, TX- April 17, 2007 -
PHNS today announced the acquisition of Network Technology Group, Inc. (NTG), which provides advanced
data center services, physical and network security protection, disaster recovery services, and electronic
data vaulting services for commercial customers. NTG’s premier data centers provide the highest levels of
reliability through multiple-provider fiber trunk access, redundant uninterruptible power supplies and
multiple back-up generators. NTG provides both managed and co-located disaster recovery services,
electronic data vaulting, business continuity services and integration services.
“NTG’s experienced management team and staff provide outstanding offsite information technology, backup,
disaster recovery and business continuity services to ensure ‘business as usual’ for its customers in the
event of hurricanes, tornados, floods and other natural disasters,” said Charles Young, chairman and CEO of
PHNS. “NTG’s strong reputation for customer service, superior results and long-standing relationships make
it a natural fit for PHNS, and we look forward to offering NTG’s services to our existing hospital customers.”
NTG’s technology solutions will be enhanced as NTG gains access to PHNS’ recently announced subterranean,
national data center located 85 feet underground in a solid limestone cave in the SpringNet Underground facility
developed by City Utilities of Springfield, Missouri. PHNS’ subterranean data center will allow NTG to offer
unsurpassed protection for its customers' vital business and financial information despite hurricanes, tornados
and other natural disasters that endanger the Gulf Coast region.
Headquartered in Baton Rouge, Louisiana, privately-held NTG employs approximately 36 employees, all of whom will
join PHNS. NTG currently serves more than 300 customers throughout the U.S.
“We have a strong presence and knowledge of the Gulf Coast information technology and disaster recovery
market”, said Scott Thompson, chief executive officer and president of NTG. ”Joining forces with PHNS allows
us to increase our scope of services and provide growth opportunities for our employees by expanding our
technology service offerings throughout the U.S. PHNS shares NTG’s strong commitment to delivering unsurpassed
customer service and results,” added Mr. Thompson.
The acquired NTG business will be operated as a separate wholly-owned subsidiary of PHNS, with Mr. Thompson
serving as the president and chief executive officer and with NTG’s management and employees continuing in
their current positions
About NTG:
Since 1989, Network Technology Group, Inc. has provided innovative technology solutions to meet the diverse needs of
its clients around the U.S. NTG provides advanced data center, business continuity and disaster recovery services from
a high availability Tier-Four data center facility in the Louisiana Technology Park in Baton Rouge, Louisiana, a state
sponsored technology facility designed to promote high tech industry development in Louisiana. See
www.ntg.com for additional information about NTG.
About PHNS:
PHNS provides comprehensive healthcaring solutions for hospitals including information technology,
health information management (including medical record management and storage, transcription, coding,
release of information and electronic medical record services), advisory services and receivables management
services. Serving more than 400 U.S. hospitals, PHNS creates business-healthy hospitals by improving operations,
enhancing technology, providing capital dollars and increasing cash on hand. This allows hospitals to focus on
their core competency--patient care. PHNS is a national healthcare services company headquartered in Dallas, Texas.
See www.phns.com for additional information about PHNS.
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