WiebeTech acquired by CRU-DataPort
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WiebeTech acquired by CRU-DataPort

CRU-DataPort acquires WiebeTech: Customers and Resellers benefit from wider
selection of Data Storage and Data Security solutions

Vancouver WA and Wichita KS - January 14, 2008 -- WiebeTech, a premier
developer of computer storage and forensic solutions, has been purchased by
CRU-DataPort of Vancouver , Washington , a global leader in data security
and data mobility products.

"We are pleased to add WiebeTech employees and their highly respected
product line to our organization. WiebeTech will become a fully supported
brand of CRU-DataPort," said Randal Barber, president & CEO of
CRU-DataPort. "We believe their innovative products, combined with the
channel-centric operations of CRU-DataPort, will provide great synergy
to enhance the development of WiebeTech products. WiebeTech's creative use
of technology, as demonstrated in the new Drive eRazer data security
product, will also be used to add new features in our popular DataPort and
Data Express product lines."

James Wiebe, president & CEO of WiebeTech LLC said, "We believe this
corporate sale is in the best possible interest of WiebeTech customers.
CRU-DataPort is an excellent match, because they provide us with a depth of
resources that will allow the company to even more intensely focus on
providing innovative solutions for customers. Customers and resellers will
find the same commitment to customer service. Online purchasing as well as
reseller and distributor channels will remain the same, but will be
enhanced by the channel resources of CRU-DataPort."

Wiebe has joined CRU-DataPort as vice president of product development and
will continue to provide creative product solutions for all CRU-DataPort
products, including the WiebeTech product line. Operations for the
WiebeTech brand of products will remain in Wichita , Kansas .

Veber Partners, an investment banking firm in Portland , Oregon , was the
exclusive financial advisor for CRU-DataPort during this transaction.

WiebeTech was founded in July 2000 by James Wiebe and has focused on
marketing high performance, highly portable storage solutions for consumer
and government markets. WiebeTech is credited with fueling the burgeoning
storage market with high-quality, high capacity storage solutions in the
smallest packages possible. WiebeTech has led product development in the
storage solution marketplace, introducing the extremely popular FireWire
DriveDock product line, multi-bay storage units and the new "trayless"
TrayFree bays and RAID systems, which include an advanced hardware
controller. In addition, WiebeTech offers computer forensic devices which
are a critical tool used by criminal investigators in the collection of
suspect data.

CRU-DataPort, founded in 1986, is a pioneer in data security and data
mobility devices. The company's DataPort and Data Express brands of
removable hard drive enclosures are the de facto standard for physical data
security and safe data transporting in government, education and business
markets. CRU-DataPort products are also widely used in media rich data
environments including audio/video production, digital cinema, video
security capture, and disk-to-disk backup and archiving applications.
Backed by the industry's leading warranties and connector ratings,
CRU-DataPort products are available through major distributors, PC
manufacturers and resellers throughout the US and abroad.

Veber Partners, LLC was founded in 1994 and is one of the premier private
investment banking firms in the Pacific Northwest. It focuses on mergers
and acquisitions, private placements, fairness opinions, valuations and
other financial advisory services. Veber Partners also acts as a merchant
bank buying profitable companies as a principal. More information can be
found at www.veber.com

 

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