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LogicNets Announces $3M Investment from Dutch ICT Automatisering

Companies mentioned in this article: LogicNets, Inc.

WASHINGTON, Aug. 25, 2014 /PRNewswire/ -- LogicNets, Inc., the web-based Expert Decision Support platform used for automating complex decision-making processes, announces an investment of $3 million from ICT Automatisering (Euronext: ICT:NA), a leading European IT services company headquartered in the Netherlands. The investment will be used to increase LogicNets' product development and deployment capacity. Additionally, ICT will expand its exclusive distribution rights for LogicNets to cover all of Western Europe.

LogicNets' and ICT's ongoing collaboration has led to the delivery of large-scale expert decision support applications to major healthcare, government, and industrial organizations. These include the Dutch National Pathology Registry and the Dutch national railway system (ProRail). Jos Blejie, CEO of ICT Automatisering commented: "Working with LogicNets we see a unique opportunity to expand the range and value of our services both within our traditional customer base and beyond."

LogicNets' software platform provides a visual designer that enables organizations to capture and share complex decision-making processes. "ICT is the perfect delivery partner for our platform, providing us with strategic access to major organizations along with superb technical competence to deliver in Europe. ICT's investment will ensure greater expansion of our market share in our core verticals of Medical, Technical Support, and Health & Safety both in the US and Europe." - said Jelle Ferwerda, CEO of LogicNets.

About ICT Automatisering

ICT Automatisering (ICT) provides superior technological solutions in the information and communication technology domain, particularly in these verticals: Automotive, Logistics, Machine & Systems, Industrial Automation, Energy & Utilities, and Healthcare. ICT offers solutions through secondment of highly-educated, experienced staff to implement project-based systems solutions, and offering services to maintain ICT systems. For more information on ICT, please visit http://www.ict.eu

About LogicNets

Since 2004, LogicNets has focused on developing its LogicNets Expert Decision Support platform allowing organizations to capture their expertise and make it available on-demand to all staff, partners, and customers via on-line applications accessible from any location or standard device. LogicNets is offered either as a cloud-based hosted service (SaaS) or a locally installed web-enabled application. For more information on LogicNets, please visit http://www.logicnets.com.

Contact
Patrick Dowling
VP Business Development
LogicNets
patrick@logicnets.com
(202) 643-5510

SOURCE LogicNets, Inc.