PrimeArray Systems, Inc.
in Chelmsoford, MA Transfers Ownership

CenterPoint Business Advisors, Inc. is pleased to announce the sale of PrimeArray Systems, Inc. of Chelmsford, MA, a privately held corporation, owned by Willard K. Rice, to Prime Array Acquisition Corp, led by Paul W. Brassil and John H. Gallagher, Boston area residents with backgrounds in the high technology industry.

PrimeArray Systems, Inc., founded by Mr. Rice, serves global customers across a variety of industries. The company focuses on creating intelligent data storage solutions for corporate, government and educational networks.  PrimeArray can be found on line at www.primearray.com.

Raymond C. Pucci, at the Lexington, MA office of CenterPoint Business Advisors represented PrimeArray Systems, Inc. in this transaction.