MCM to Focus on Its Proprietary Communications Asset Management Solutions
BIRMINGHAM, AL – September 27, 2007 – MCM Technology, LLC has announced that it has divested its Wireless Enterprise Division to Lifeline Management Systems, LLC. Lifeline is led by MCM’s original founder, Patrick A. McMaster. This transaction involves the sale and transfer of a specific proprietary software application along with the service contracts of existing Wireless clients from MCM to Lifeline. Terms of the transaction were not disclosed.
With the transfer now completed, MCM will be able to focus its energy and resources on Communications Asset Management solutions in the government and municipal space, particularly those in need of managing Mission-Critical assets used by the Nation’s First-Responders. Likewise, Lifeline will focus its efforts on the needs of the commercial radio and wireless shops and dealers across the country.
Mr. McMaster, Lifeline’s founder and CEO, commented, “This is a very logical transaction. MCM was essentially trying to commit itself to serving two very different markets. Lifeline now has their proprietary product and the expertise needed to dominate the software application needs found in the commercial wireless two-way shops and dealers, while MCM will focus its efforts on serving the governmental sector.” McMaster further stated, “Lifeline’s staff, which includes Ted McMaster serving as Chief Technology Officer, is very excited about the opportunity and will be dedicating resources toward continuing its high-level customer service expectations, improving the product and capturing additional market share.”
MCM’s CEO Dan Catan agrees with McMaster, stating, “This is an ideal situation. MCM’s expertise lies in serving the needs of public sector Communication Shops, while Pat’s team is highly specialized and trained in the inner-workings of a commercial wireless business. We are very excited that we will now be able to focus on our core Asset Management applications, CommASSET 360° ™, as well as MCM’s more comprehensive CommSHOP 360° ™, along with the many professional services that MCM offers.”
This transaction will completely divest Mr. McMaster of his ownership position in MCM. As such, Mr. McMaster has resigned from the MCM Board of Managers to focus his time and energies toward his new endeavor.
About MCM Technology, LLC
MCM Technology, LLC is a software application company that provides real-time asset management solutions utilized to manage the communications and other mission-critical assets of government & municipal radio departments across the United States, Canada and the Caribbean Basin. MCM offers a broad-based, comprehensive asset management system that tracks all assets used within a public service entity, from communications assets, to vehicles, firearms, computers, fire equipment, video systems, general assets, supplies and equipment, etc. At any given time, a user is able to identify and properly manage any and all critical information about an asset, such as an asset’s exact location, historical service work and costs related to that service, as well as frequencies used on every single communications asset, language spoken by the user, etc. For more information about MCM Technology, LLC, please visit www.mcmtechnology.com.