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Press Release

AVID Ratings Acquires Onyx Networks, LLC

Madison, WI – July 23, 2009 – AVID Ratings acquires Onyx Networks, LLC to form a new company branch, AVID Evolution, specializing in web development and customized internet technology solutions.

On July 1st, 2009, Onyx Networks was acquired by AVID Ratings to form a new division called AVID Evolution. Onyx Networks provides internet technology consulting services, network support, web application development, and web hosting. With Onyx joining AVID's web development team, AVID Evolution will be able to provide customized IT solutions to its clients. Phil Cardis, AVID's  Chief Operating Officer says, "Upon our thorough review of various IT firms, Onyx had the best service and product offering along with cost-effective solutions." Onyx Networks' customer-centric offerings have helped many companies over the years and their client base is now being served by the AVID Evolution team. Cardis states, "The standard of service at Onyx is consistent with AVID's excellent client service; they are truly 'avid' about their clients' IT needs, and hence a perfect fit to join the AVID Evolution team." AVID is committed to offering even more value-added services to their clients in addition to their current research and consulting, which is why AVID Evolution will be available to provide cost-effective IT solutions tailored to individual client needs.

About AVID Ratings
Founded in 1993, AVID Ratings is a full-service customer loyalty management firm, providing customer loyalty research, organizational strategies, employee training, and proprietary solutions to the home building industry. Serving over 220 companies throughout the United States and Canada, AVID maintains the largest homebuyer survey database in the home building industry. AVID assesses homebuyers' experiences and then provides focused business solutions and training to improve referrals, margins, and long-term customer loyalty.

Contact: Douglas Mueller, Systems Administrator, AVID Evolution, 608-824-2523 or douglas.mueller@avidevolution.com





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