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Private Cloud Provider Unveils New Corporate Brand Identity, Abacus Next(R), Underscores Commitment to Providing Compliance Ready 'Desktop as a Service'

Abacus Data Systems debuts Abacus Next(R) as the umbrella over its portfolio of enterprise-class virtual technology solutions for the SMB sector

SAN DIEGO, CA--(Marketwired - October 19, 2016) - Abacus Data Systems, Inc., the leading fully managed technology solutions provider serving professional industries such as legal, financial, insurance, and healthcare, unveils Abacus Next® as its overarching brand of next generation turnkey technology solutions. This unprecedented family of products and services brings to market fully managed IT infrastructure, virtual desktops, enterprise software, security and compliance solutions, all 'as a service'.

"Many businesses are struggling to keep up with technology and defend themselves against cyber threats," said Alessandra Lezama, CEO. "We're replacing the management, costs, and complexity of traditional IT systems with compliance ready private cloud computing on a pay-as-you-go model. Abacus Next® represents the evolution of conventional business applications into next generation technologies fully integrated and delivered 'as a service', enabling companies of all sizes to compete in today's sophisticated digital world."

"Technology and security play crucial roles in the business landscape, and new approaches provide growth opportunities," said Jerry Sanders, President and CEO of the San Diego Regional Chamber of Commerce. "Abacus' next generation solutions will free up cash flow for reinvestment in core business, boosting the economic health of small and mid-sized businesses."

Abacus began the year by announcing the opening of their new headquarters and more than 80 job openings, closed out its second quarter with the acquisition of Toronto-based legal practice management company Amicus Attorney, and ranked #880 on the Inc. 5000 list of America's fastest-growing private companies.

About Abacus Next

Abacus Next® is a global provider of compliance ready virtual Desktop as a Service (DaaS), custom built for businesses with stringent security and compliance needs. Abacus Next® brings to market an unprecedented family of integrated technology products and services including Private Cloud, Case Management Software, Email Services, Security Protection, Business Continuity, and On-Premise Solutions, allowing businesses to leverage the power of cloud computing without the added challenges and expenses of managing complex IT infrastructures on their own.

Headquartered in San Diego, California, and backed by private investment with Providence Equity, Abacus Next® delivers products and services to over 500,000 businesses worldwide. For more information, please visit www.abacusnext.com.

About Providence Equity

Providence is a premier global asset management firm with $45 billion in assets under management across complementary private equity and credit businesses. Providence pioneered a sector-focused approach to private equity investing with the vision that a dedicated team of industry experts could build exceptional companies of enduring value. Since the firm's inception in 1989, Providence has invested in more than 150 companies and is the leading equity investment firm focused on the media, communications, education and information industries. Providence is headquartered in Providence, Rhode Island, and also has offices in New York, London, Hong Kong, Singapore and New Delhi.

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