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OAO Technology Solutions, Inc. Expands IT Asset Management Services

GREENBELT, MD - October 07, 2008 - OAO Technology Solutions, Inc. (OAOT), a global leader in managed Information Technology (IT) solutions announced the worldwide expansion of their IT Asset Management Services (ITAMS) offer. To ensure regulatory compliance, the ITAMS solution assesses the value, location, status, configuration and management of hardware and software for enterprise-wide IT assets.

The ITAMS solution framework evolved from the European Operations team's innovative approach to addressing new regulatory demands through a fundamental shift in asset control techniques. The company's Information Technology Infrastructure Library (ITIL®) certified staff follow the best practices and methodologies needed to satisfy stringent legislative requirements. With the assurance that business risks are mitigated, the OAOT team helps customers establish long-term governance throughout the entire IT asset lifecycle.

ITAMS offers the following benefits to small and mid-sized enterprises, Fortune 500 companies and Government customers:

  • Provides an IT asset baseline to produce accurate, compliant reports
  • Establishes critical IT processes and asset management controls
  • Reduces the risk of monetary penalties for non-compliance
  • Improves inventory control for IT investments, systems and other resources
  • Manages the full asset life cycle, from implementation to disposal

"Our global customers trust OAOT to manage more than 10 million assets, to include tape media that secures critical business continuity data," stated Sid Fuchs, president and CEO of OAO Technology Solutions, Inc. "The ITAMS solution has improved our customers' regulatory compliance, inventory accuracy and accounted for thousands of valuable corporate assets that saved tens of millions of dollars in potential write-offs."

"With legislation such as the Sarbanes-Oxley Act and the increased focus on data security, asset management controls require more precision than ever before," said Cameron Chehreh, Chief Technology Officer for OAOT. "Our ITAMS solution protects IT investments by baselining current assets, correcting any discrepancies and mitigating business risk across the entire IT enterprise."
For more information visit http://www.oaot.com/Services/ITAMS.

About OAO Technology Solutions, Inc.
OAOT (www.oaot.com) is a global leader in Managed IT Services and Solutions to Fortune 500 corporations, global outsourcers and government agencies. The Company's capabilities include: strategic business solutions, enterprise IT operations and human capital management. Headquartered in Greenbelt, Maryland, the Company's 2,000 employees work in over 200 locations throughout the world.

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