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Boundless Network Acquires Tennessee-based Petty Marketing Group


Rapidly growing branded merchandise distributor announces second acquisition in the past seven days.

AUSTIN, Texas –Dec. 8, 2008 – Boundless Network (http://www.boundlessnetwork.com), a technology-enabled branded merchandise distributor, announced today that it has acquired Tennessee-based distributor Petty Marketing Group Inc. This announcement follows less than a week after the company announced the acquisition of Texas-based distributor Custom Solutions.

Started in 1998 by Ralph Petty, Petty Marketing Group is now a multi-million dollar distributor. Petty has more than 20 years of experience in the promotional products industry, and he brings a strong reputation and numerous strategic accounts to Boundless Network.

“Ralph Petty represents the top 1 percent of industry professionals,” said Boundless Network CEO Jason Black. “From the beginning, Ralph wanted a distributor partner that was committed to providing the resources necessary to continue winning regardless of the economic conditions. Boundless Network will continue to be a magnet for top professionals with a desire to run fast and maximize their opportunity.”

“I explored several options while searching for the right distributor partner for Petty Marketing Group,” Petty said. “Boundless Network’s innovative approach made it the clear choice for our company. Other distributors simply function as a bank, but Boundless is a true strategic business partner, and its platform is already positively impacting our business and the value we provide our clients.”

In 2009, Boundless Network plans to continue recruiting top professionals and acquiring top promotional products distributors with revenues between $2 million and $10 million that are located in key regions throughout the country. In three years Boundless Network has grown from two to more than 150 employees; 70 are located in Austin. During the past 12 months, the company has completed seven acquisitions as part of a successful nationwide expansion from a single location to 18 regional offices located coast-to-coast.

The Austin Business Journal recently ranked Boundless Network as the No. 2 fastest growing company in Central Texas in the more than $10 million in revenue category. The company was also recognized as the No. 6 best place to work in the promotional products industry by the Advertising Specialty Institute (ASI) out of more than 16,000 companies in the industry.

About Boundless Network
Venture-backed Boundless Network is transforming the $20 billion promotional marketing industry through a highly trained, professional sales organization and proprietary technology that empowers companies to proactively manage their promotional spend. Our patent-pending technology platform connects buyers across organizations to create efficiencies of scale and reduce the cost of branded merchandise by as much as 40 percent. Headquartered in Austin, Texas, Boundless Network is one of the fastest growing companies in the promotional marketing industry. To learn more about joining Boundless Network, visit http://www.boundlessnetwork.com/join.

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