Allin Corporation Acquires Assets of SharePointHosting.com

May 30, 2008; 02:10 AM

    PITTSBURGH, May 29 /PRNewswire-FirstCall/ -- Allin Corporation (OTC Bulletin Board: ALLN), a Microsoft Gold Certified technology consulting company, announced today that it has acquired the SharePoint Hosting domain properties and related SharePoint assets of SmithBridge Technology Group, Inc.

    Larry Strange and Isaiah Campbell, principals of SmithBridge, entered the rapidly growing Software as a Service (SaaS) field in 2001 by offering Microsoft SharePoint as a hosted solution. Their Microsoft Windows SharePoint Services and Microsoft Office SharePoint Server (MOSS) offerings are available in multi-tenant and dedicated environments and are currently being used by more than 800 clients worldwide.

    "We are very pleased to welcome Larry and Isaiah to the growing Allin team," commented Rich Talarico, Allin's chairman and chief executive officer. "Their extensive knowledge of SharePoint and Microsoft technologies and their practice's ability to offer a secure, dependable, cost effective SharePoint deployment alternative to our customers uniquely positions Allin in this growing marketplace. Larry and Isaiah will work with Tim O'Shea, the managing director of our Pittsburgh operations, to continue to grow this area and integrate it into our existing offices and practices."

    Tim O'Shea stated, "With this strategic acquisition, we believe Allin now has the capability to alleviate one of our customers' largest obstacles to deploying SharePoint as a key platform for business communication, collaboration, and enterprise search."

    Larry Strange and Isaiah Campbell added, "Allin's proven capability to deliver SharePoint based solutions that leverage a customer's existing Microsoft technology investment will enable us to grow our practice, as well as provide additional value to our rapidly growing customer base. We look forward to leveraging Allin's extensive Microsoft technology infrastructure expertise and integrating our SharePoint services into Allin's existing collaborative solutions and Microsoft Dynamics practices."

    About Allin Corporation

    Allin Corporation is a leading provider of solutions-oriented
application development and technology infrastructure consulting and systems integration services. Allin specializes in Microsoft-based technologies. In July 2007, Allin received the worldwide award, Competing to Win Partner of the Year: Search at the 2007 Microsoft Worldwide Partner Conference, for superior technology and innovation with Microsoft Search technologies. During 2007 and 2006, Allin has also been recognized as Partner of the Year by Microsoft's West and East Regions. Allin's operations are centered on four practice areas: Technology Infrastructure, Collaborative Solutions, Business Process and Interactive Media. Allin leverages its experience in these areas to work with clients through a disciplined project delivery framework to ensure that solutions are delivered on time and on budget. Allin delivers these services through the trade names Allin Consulting, Allin Interactive, the CodeLab Technology Group and SharePointHosting.com. The Company maintains offices in Pittsburgh, Pennsylvania; Ft. Lauderdale, Florida; Wakefield, Massachusetts; and San Jose and Walnut Creek, California. For additional information about Allin, visit the Company's Internet sites on the World Wide Web at http://www.allin.com, http://www.codelabtech.com/ and SharePointHosting.com.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations and projections about future events and financial trends. The word or phrase "believe," "forward," "will," "continue," "grow" and similar words or expressions are intended to identify forward-looking statements. In addition, any statements that refer to expectations or other characterizations of future events or circumstances are forward-looking statements. The forward-looking statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including, among other things, the integration of acquired business and/or assets with the Company's current operations, a concentration in the Company's revenue from certain services and clients, a limited backlog, the Company's ability to expand its markets, limited financial resources, dependence on key personnel and competitive market conditions. These are representative of factors which could affect the outcome of the forward-looking statements. In addition, such statements could be affected by general industry and market conditions and growth rates, general domestic and international economic conditions and future incidents of terrorism or other events that may negatively impact the markets where the Company competes. The Company undertakes no obligation to publicly update or revise any forward-looking statements because of new information, future events or otherwise.

SOURCE Allin Corporation

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