CRU-DataPort(R) Acquires WiebeTech

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(TM) 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.

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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(TM) product line, multi-bay storage units and the new “trayless” TrayFree(TM) 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-2-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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