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iWave Software, LLC Signs Lease Expansion for Corporate Headquarters at Hall Office Park

FRISCO, TX – February 23, 2009 – iWave Software, the fastest growing, independent provider of IT process integration and automation software, announced today it has signed a five-year lease extension for its corporate headquarters in Frisco, Texas. The new lease increases iWave’s office size by 30 percent and relocates the company to an adjacent building within Hall Office Park.  

iWave Software provides a suite of products that help large IT organizations integrate and automate the software and processes used to support their IT infrastructure and critical business applications. iWave products include Automator, a high performance IT process or “Run Book” automation platform and Transport Manager, an enterprise-class change management solution for SAP that fully integrates with leading enterprise Service Desk applications. 

“2010 promises to be another record year in terms of both revenue and employee growth for iWave Software,” said Brent Rhymes, president of iWave Software. “Being part of Hall Financial Group and knowing first hand that Hall Office Park offers world class facilities, it was a simple decision to continue our corporate presence at the park. Expanding our office will allow us to accommodate the continuous influx of new team members and support onsite training activities for our customers and network of global partners.”  

New Location:  

iWave Software Corporate Headquarters 

3010 Gaylord Parkway, Suite 130 

Frisco, TX 75034 

"One of the benefits of being at Hall Office Park is that we are able to work with our tenants as they change and grow," said Depker. "We are excited about iWave's successes and pleased to be able to facilitate their expansion within the park." 

iWave Software’s transition to the new corporate headquarters will be complete by February 26th. 

About HALL FINANCIAL GROUP

Founded in 1968, Hall Financial Group is owned by Craig Hall and family. Diversified holdings include active operations in commercial real estate development, ownership and management; software application development; structured finance lending for real estate and other areas; vineyards and wineries; and oil and gas. For more information, visit www.hallfinancial.com.ABOUT iWAVE SOFTWARE iWave Software provides software and services that help enterprise organizations automate the support of their IT infrastructure and critical business applications. For the past 16 years, Global 500 firms such as Raymond James, IGT, the European Patent Office and others, have leveraged iWave Software’s products to streamline their IT support while improving quality of service and lowering operating costs. Headquartered in Frisco, Texas, iWave Software LLC is a privately-held affiliate of Hall Financial Group. For more information, please visit www.iwavesoftware.com .

About iWave Software

iWave Software is the leading independent provider of Data Center Orchestration, Automation and Cloud Management software. Used by Global 1000 organizations, IT Outsourcers (ITOs) and OEM partners to lower IT operating costs, increase business agility and improve service levels, iWave’s award-winning solutions move organizations beyond the limits of inward-facing ITSM integration products. iWave Automator, a high-performance automation platform and process modeling framework, simplifies orchestration of complex tasks like disaster recovery, cloud management, provisioning, and fault remediation in today’s on-demand enterprise IT environments.

iWave Software LLC was founded in 1993 and is a privately-held affiliate of the Hall Financial Group. The company is headquartered in Frisco (Dallas), Texas and maintains offices in London, England and Moncton, Canada. For more information, please call iWave Software at (866) 92-iWave.

iWave: Ron Smith, iWave Software, rsmith@iwavesoftware.com, 469-287-5889
HALL FINANCIAL GROUP: Amy Shepherd, Boyer Group, Inc., ashepherd@boyergroup.com, 214.619.3611