Wednesday, April 6, 2011

Defense News: 11i Solutions, Inc. Acquires Neuro Media Group

Defense News: 11i Solutions, Inc. Acquires Neuro Media Group
**Acquisition Blends 11i Solutions' Wireless Technologies With Neuro Media's Leading Edge Microbroadcast Video Display Capabilities
HUNTSVILLE, AL--(04/05/11) - 11i Solutions, Inc., a wireless infrastructure architect and solutions developer, announced today that it has completed its acquisition of Neuro Media Group. The terms of the acquisition were not publicly disclosed. New York-based private equity firm Steel Pier Capital Advisors, LLC acted as both financial sponsor and strategic advisor during this transaction.

Neuro Media provides microbroadcast community-based video media networks, enabling local communities to display targeted, locally-relevant content. Messages can range from details about the area's most wanted criminals and Amber Alerts to grand openings for local businesses and special promotions. The high-definition (HD) displays can be placed at community venues where local populations congregate, such as gas stations, banks, retail stores and restaurants.

"The bond between 11i Solutions and Neuro Media started as a strong business relationship where 11i Solutions designed and implemented infrastructures on behalf of Neuro Media. The overwhelmingly positive response to the combined services helped us transform this relationship into an acquisition," said Jamie Waller, President of Neuro Media. "As a new vertical for 11i Solutions, Neuro Media is now able to meet the rapidly growing demand for its services and benefits while targeting new markets and expanding upon its offerings."

According to Todd Gray, Chief Technology Officer for 11i Solutions, "The team quickly realized that if we merged our respective businesses, we could dramatically improve the combined business model, reduce deployment costs and accelerate the speed with which future displays are installed in any given community. With 11i Solutions' core IT and wireless competencies, Neuro Media can facilitate and accommodate our customers' advertising needs expeditiously."

Neuro Media
Neuro Media Group, LLC provides microbroadcast community-based media displays designed to deliver high-quality advertising, news, entertainment and community alerts to specific targeted markets. From attention-grabbing advertisements above gas pumps to engaging, informative digital boards in restaurants and banks, Neuro Media's HD displays convey hyperlocal messages to captive audiences. Neuro Media Group, LLC, headquartered in Huntsville, Alabama, is a wholly owned subsidiary of 11i Solutions, Inc. For more information, visit

11i Solutions, Inc.
11i Solutions, Inc. was founded in 2007 to deliver enterprise-wide security, compliance, data and communications services. Its customer-centric approach focuses on streamlining clients' wireless systems as a whole by anticipating new technologies and avoiding short-term obsolescence. With a wide range of solutions offered -- from asset tracking via radio frequency identification (RFID) and fixed mobile convergence to data centers and Secure Cellular Communication™ (SCC) -- 11i Solutions remains vendor agnostic to offer 'real' best-of-breed solutions. 11i Solutions, Inc. is headquartered in Huntsville, AL. For more information, visit

For more information, visit or email Joe Matuella at

1 comment: