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ComSci and Swingtide Forge Alliance to Help CIOs Achieve Greater IT Management Maturity

Winning Combination Enables Organizations to Maximize Technology ROI

ISELIN, NJ -- (Marketwire) -- 01/09/13 -- ComSci, the award-winning technology financial and business management solutions company, today announced its alliance with Swingtide, a consulting firm specializing in technology business and outsourcing advisory. Swingtide has deep expertise in IT sourcing, technology management, and IT finance. This complementary alliance strengthens the offerings that help companies run their IT departments like a business.

Trends such as the consumerization of IT, cloud computing and more marketing-initiated IT spending have created new challenges for today's CIO, setting the stage for more precise IT financial management. As CIOs look to prioritize IT investments, elevate the strategic use of IT and ensure budgets are allocated toward innovation, ComSci's state-of-the-art financial and business management (ITFM) solutions advance those objectives.

"Adoption of IT finance tools, such as those included in the ComSci offering, has been an important step for many of our consulting clients as they move up the service management maturity scale," said Diane Carco, Swingtide's President. "Understanding costs, defining services, and enabling demand management help to ensure that money is spent on IT investments and services that support business priorities." She continued, "ComSci has a proven track record of helping organizations increase IT cost transparency enabling IT to deliver greater technology value and increase organization-wide technology return on investment."

Robert Svec, president of ComSci, commented, "Swingtide shares ComSci's commitment to providing clients with the best expertise and solutions required for the business management of technology. Like us, they recognize that IT financial and business management maturity is a requirement in today's corporate environment, not an aspiration. We are proud to be associated with Swingtide to provide our mutual customers with SaaS-based IT management capabilities that achieve real quantifiable, technology cost optimization benefits."

About Swingtide
Swingtide helps clients with technology business and outsourcing challenges. Swingtide's financial, sourcing, and technical consultants are proven experts in Technology Business Operations (TBO). They help organizations implement service management, including chargeback service catalogs that results in IT cost transparency, improved operations, lower costs aligned with business value, and compliant transfer pricing. Other TBO offerings include the design and implementation of the IT finance function, third-party contract optimization, and software management and compliance. Swingtide also advises on the full lifecycle of outsourcing transactions, from options analysis to RFP development, negotiation, governance, mid-deal corrections, bill audits, exit strategies, and termination. Founded in 2001, Swingtide has developed methodical solutions that produce quantifiable business benefits. For more information, visit www.swingtide.com.

About ComSci
ComSci delivers Technology Financial and Business Management solutions and capabilities that empower organizations to implement more effective IT financial management processes and governance. Through decades of experience, strict adherence to ITIL technology financial management process guidelines and its suite of Web 2.0 IT finance and business solutions, ComSci helps IT organizations optimize technology costs by enhancing fact-based transparency and visibility, which in turn enables IT and business management to understand demand, utilization and value of its corporate technology resources. ComSci is headquartered in Iselin, New Jersey. ComSci has a growing number of clients for which it provides IT Financial Management capabilities including The McGraw-Hill Companies, The Bank of New York Mellon, Whirlpool, NYU Medical Center, 1-800-FLOWERS.COM, Memorial Sloan-Kettering Cancer Center, AECOM, and UBS Investment Bank. Visit www.comsci.com for further information.

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