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News Releases
Tuesday, September 4, 2007
Cyberplex Inc. (TSX: CX), a North American leader in building and promoting on-line business and technology solutions, is pleased to announce the acquisition of Eidenai Innovations, a Microsoft Gold Certified Partner based in Toronto. Eidenai specializes in delivering enterprise-class technology solutions for Canada’s leading public and Top 100 private sector corporations. “The acquisition of Eidenai brings additional leadership and depth to our Enterprise Services business” said Geoffrey Rotstein, President and CEO of Cyberplex. “The skills and the expertise of the Eidenai team bolster our existing practice and represent a strong commitment by Cyberplex into the enterprise space.” As a result of the acquisition, Cyberplex will benefit from the additional scale to its consulting organization, new client relationships and the synergies that will result from combining the two organizations. These benefits, combined with the company's proprietary advertising platform, which focuses on performance based customer acquisition, will create a mutually reinforcing value proposition as the company continues its aggressive growth strategy and continues to bring strategic offerings to its clients. “Our 7 year history shows our commitment to customer satisfaction and managed growth” said Sunil Abraham, Co-Founder and CEO of Eidenai Innovations. “With Cyberplex we are excited about the potential to increase our reach beyond geographic and resource boundaries. We believe our combined team propels Cyberplex to one of the best Microsoft Technology Services Providers in Canada.” Further details of the transaction can be found in filings of Cyberplex at www.sedar.com. About Eidenai Innovations: This news release may contain certain forward-looking statements that reflect the current views and/or expectations of Cyberplex Inc. with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly. Cyberplex disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. -------------------------------------------------------------------------------- More from 2007
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