2001
News Releases
TAXAMATIC INTRODUCES "PREPAID"
ONLINE TAX PREPARATION CARDS
A world first for 2000 Tax Season
RICHMOND HILL January 8, 2001
Taxamatic Inc. of Richmond Hill, ON the 100% Canadian developer
of income tax software for Canadians, will introduce prepaid online tax preparation
cards for the 2000 tax season.
Called TAXWIZ TO GO and IMPÔTMATIQUE DIRECT (for Québec), "purchasers,
for less than $10, get a prepaid online card good for two tax returns which
will be available from non-traditional retailers, from grocery stores to gas
stations (Petro Canada and ESSOs Tiger Express,)" said Taxamatic
President Syd Hazan, "Also available in traditional computer and software
outlets, TAXWIZ TO GO and IMPÔTMATIQUE DIRECT remove the need to use a
credit card online. Because our prepaid online cards are sold at the retail
level for the first time ever, all fees are paid in advance allowing retailers
to profit from third party e-commerce. This is a Canadian first."
TAXWIZ TO GO and IMPÔTMATIQUE DIRECT will be available through retail
and online in mid-January, 2001.
About TAXWIZ TO GO/IMPÔTMATIQUE DIRECT
TAXWIZ TO GO/IMPÔTMATIQUE DIRECT prepaid online tax preparation cards
allow Canadian taxpayers to prepare their tax returns interactively from the
TAXWIZ/ IMPÔTMATIQUE Web site, securely without using a credit card. Available
from retailers at a suggested price of $9.95, TAXWIZ TO GO/IMPÔTMATIQUE
DIRECT are good for two returns, users can choose real forms on-screen
or the easy interactive question and answer TAXWIZ Interview
method to prepare their returns. Users can stop and start as many times as they
wish during preparation, store returns for up to 3 years on secure servers and
get free technical support via email, telephone or fax. If users choose to file
their returns online, secure and private servers make it safe and easy with
SSL (secure socket layer) encryption, the Internet standard for bank and credit
card transactions. TAXWIZ/ IMPÔTMATIQUE prepaid online cards will be available
at computer and software retailers as well as grocery and convenience stores
such as Esso service stations, Petro Canada outlets and mass merchandisers.
THE
NEW OKIPAGE 14 SERIES OF DIGITAL LED PRINTERS FROM OKI DATA PROVIDES FLEXIBILITY
FOR GROWING BUSINESSES
Printers for the Ever-Changing Needs of Today's Office
Environment
MISSISSAUGA, ON - January 15, 2001
OKI Data Americas, Inc. has introduced the OKIPAGE 14 Series
of digital LED printers, designed to give growing businesses and individuals
maximum flexibility in printing, with a total cost of ownership (TCO) that is
on average, 23 per cent lower than leading laser printers.
With both standard
USB support and 1284 bi-directional parallel interface, the OKIPAGE 14 Series
gives small and medium-sized businesses greater flexibility for managing office
printing tasks. The OKIPAGE 14 Series uses OKI Data's digital LED technology
to achieve reliable performance with a print speed of 14 pages per minute (ppm)
and high-quality, 600 dots-per-inch (dpi) output. When combined with OKI Smoothing
Technology Oki Data's patented smoothing software, the OKIPAGE 14 Series can
provide 600 x 1200 dpi to easily handle complex graphics.
"Fast, cost-effective monochrome printing is a basic requirement for all
offices. Each model in the OKIPAGE 14 Series is versatile enough to adapt to
changes in the office environment while delivering consistent top-quality documents,"
said Joe DiMartino, Marketing Manager for monochrome printers at OKI Data. "The
reliability and low total cost of ownership are features that customers have
come to associate with the Oki brand." The OKIPAGE 14 Series uses two-piece
consumables which keep printing costs down and reduce environmental waste, eliminating
the need to discard valuable drum components when the toner needs to be replaced.
Such design features contribute to the low total cost of ownership across the
series, as compared with similar printers from other manufacturers.
The OKIPAGE 14e
The OKIPAGE 14e is built for fast-paced small business environments. In addition
to its 14 pages-per-minute (ppm) engine, the printer has a rated monthly duty
cycle of 15, 000 pages. Also, the unit delivers 600 dpi class resolution for
crisp, clear images and text, and comes with a 250-sheet standard paper capacity.
In addition, the OKIPAGE 14e comes standard with 4 MB of memory, expandable
to 36 MB for enhanced printer performance. A variety of upgrades, such as flash
ROM, serial interface, paper handling and external print savers, are also available
to enable the printer to be configured for a wide range of applications. Suggested
retail price (CDN) $674.
The OKIPAGE 14ex
The OKIPAGE 14ex is designed with standard 4 MB of RAM that can be expanded
to 36 MB to easily handle more complex files. The 250-sheet paper capacity is
standard, expandable to 850 sheets to enhance workflow. The OKIPAGE 14ex prints
in 600 dpi resolution for text and 600 x 1200 dpi for graphics, ensuring consistent
quality for business documents. The option of a 10/100Base-T Ethernet print
server allows the printer to be shared and permits data transfer speeds significantly
faster than many industry-popular models. A wide range of memory, connectivity
and paper handling options can adapt the printer to the changing needs of a
growing business. Suggested retail price (CDN) $899.
The OKIPAGE 14i
The OKIPAGE 14i is built to perform in demanding environments. The OKIPAGE 14i
offers 8 MB of RAM, true 600 dpi for printing sharp, professional-looking text,
and 600 x 1200 dpi resolution for handling complex graphics. The options available
for the OKIPAGE 14i include a 10/100Base-T Ethernet external print server, up
to 40 MB of RAM and 850 sheets of paper capacity for increased productivity.
A complete assortment of accessories enables the printer to be custom-configured
to a wide range of specific printing applications. Suggested retail price (CDN)
$1,274.
Availability, Warranty, and Customer Support
The OKIPAGE 14ex and the OKIPAGE 14i are available immediately; the OKIPAGE
14e will be available at the end of January/01.
OKI Data operates a "7/24" toll-free customer service and technical
support line at 1-800 OKI DATA (1-800-654-3282), offering a single point of
contact for customers in the U.S. and Canada for all current products.
An extensive nationwide network of OKI Authorized Dealer Services Centers throughout
North America supports all OKI products. These centers provide on-premises service
at more than 2,000 sites in Canada and the U.S., enabling OKI dealers to offer
full warranty and after-warranty support to their customers.
About OKI Data
OKI Data's Canadian headquarters in Mississauga, ON was established in 1986.
Headquartered in Mount Laurel, NJ, OKI Data Americas, Inc., a subsidiary of
OKI Data Corporation of Japan, is a full-line supplier of PC peripheral equipment,
including serial impact dot matrix printers; digital LED page printers, plain
paper multi-function and facsimile products; and a full line of options, accessories
and consumables. OKI Data's entire line of products is in compliance with the
EPA's Energy Star® Program. OKI Electric Industry Co., Ltd., parent company
to OKI Data Corporation, is a $6.3 billion multinational corporation with headquarters
in Tokyo and is a world leader in information processing systems, telecommunications
and electronics. For more information about OKI Data or OKI products and services,
visit the OKI Data Internet Web site: www.okidata.com.
OKI Reg. T.M. Oki Electric Industry Co., Ltd., Single Pass Color Reg. T.M. Oki
Data Corporation, Energy Star Reg. T.M. U.S. Environmental Protection Agency,
Ethernet Reg. T.M. Digital Equipment Corp.
VALU-NET
CORPORATION (CDNX: VNE) HAS SIGNED A MEMORANDUM OF UNRSTANDING
TDEO ACQUIRE ENCORE ASSET SERVICES INC.
Encore Valu-net signs memorandum of understanding to acquire encore asset services
inc.
TORONTO, ON - January 16, 2001
It has established itself as an innovative and profitable
company by managing technology assets for clients in the manufacturing, leasing
and investment industry sectors. Under the proposed terms of the agreement,
Encore will operate as a wholly-owned subsidiary of Valu-net.
Encore is a natural fit for Valu-net and will complement CDD's business-to-business
division with enhanced asset management and disposition capabilities, a strong
distribution channel and a well-established network of high tech clients. Encore
offers services such as receiving, testing, tracking, reconfiguring and storing
idle high technology assets prior to remarketing and disposition.
"We share a common management philosophy, culture and purpose with Valu-net,"
said Encore president and founder Keith Pitts. "With this proposed merger,
Valu-net offers the resources, structure and technical expertise which we need
to grow."
Founded in 1996, Encore has grown at a rate of over 100 per cent each year.
A profitable, debt-free company, Encore has as its clients many of the leading
global computer manufacturers. With Pitts at the helm, the company has evolved
from three people and 2,000 square-feet of warehouse space to over 25 staff
and more than 70,000 square-feet.
"This partnership has many positive implications for Valu-net," said
Perry Hicks, president of Valu-net. "Not only is Keith Pitts a very strong
and energetic leader, Encore is a very successful company that is at the forefront
of its field. The opportunities to collaborate on product development, cross
promotion and marketing are huge."
"Over the past five years, we have seen a phenomenal growth in technology
companies and in the proliferation of technology products on the market,"
added Pitts. "Already, requests for more responsive asset management require
us to offer the ability to track and trace high cost assets on demand wherever
they might be - enter our Easi solution. With Valu-net's resident technical
expertise in e-commerce, we will be able to offer more responsive solutions
to our clients."
About Encore Asset Services Inc.
Encore Asset Services is a private company that has become a valued service
partner to many of the world's leading manufacturers, leasing/rental companies
. They also partner with other major corporations to assist with the management
of their Technology Assets, providing a full suite of asset management services.
Encore offers timely, accurate and cost-effective tracking, maintenance and
management of entire high-tech inventories. With its industry-acclaimed software
system for online tracking, called EASI tm, the company allows customers to
query their inventories and generate required internal reports as part of its
services. The company is headquartered in Woodbridge close to Toronto's major
thoroughfares and Pearson International Airport. Visit http://www.easi2000.com
for more information on the company.
About Valu-net
Founded in 1995, Valu-net Corporation provides customers with a wide range of
technology, both hardware and software, to better enable the establishment of
e-businesses. Valu-net provides key business functionality and defined solutions,
such as secure credit card transaction processing, as well as the development
of custom e-business solutions for corporations seeking to serve their customers
better and more cost effectively using an Internet business model. Visit us
at http://www.vncorp.com.
The Canadian Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
NEWS
MEDIA ADVISORY
TAXWIZ/IMPÔTMATIQUE TAX SOFTWARE AVAILABLE FOR CONTESTS/PROMOTIONS
TORONTO, ON - January 22, 2001
Taxamatic Inc. of Richmond Hill, ON, the 100% Canadian developer of income tax
software for Canadians, has TAXWIZ/IMPÔTMATIQUE (for Québec) tax
preparation software and TAXWIZ TO GO/IMPÔTMATIQUE DIRECT prepaid tax
preparation cards available for contests, giveaways or promotions at your publication
or station.
About TAXWIZ/IMPÔTMATIQUE 2000 Software
TAXWIZ/IMPÔTMATIQUE 2000 software is rich in features that make completing
tax returns an easy and convenient task. Available in CD ROM at retail or as
a download from the www.taxwiz.ca site, the software program allows users to
prepare an unlimited number of returns. This PC-compatible package works on
Windows versions 3.1, 95, 98, NT, 2000 and ME. Users can receive free product
updates online during tax season. TAXWIZ and IMPÔTMATIQUE 2000 versions
allow users of QuickTax to import personal information data files from last
years tax season into this years TAXWIZ/IMPÔTMATIQUE products.
TAXWIZ/IMPÔTMATIQUE software is sold by major retailers across Canada
including: Business Depot / Staples / Bureau en Gros, Future Shop, Chapters,
Compucentre, Price Club / Costco, Office Depot, Multimicro, MicroAge and many
other fine software retailers.
About TAXWIZ TO GO/IMPÔTMATIQUE DIRECT
TAXWIZ TO GO/IMPÔTMATIQUE DIRECT prepaid online tax preparation cards
allow Canadian taxpayers to prepare their tax returns interactively from the
TAXWIZ/ IMPÔTMATIQUE Web site, securely without using a credit card. Available
from retailers at a suggested price of $9.95, TAXWIZ TO GO/IMPÔTMATIQUE
DIRECT are good for two returns, users can choose real forms on-screen
or the easy interactive question and answer TAXWIZ Interview
method to prepare their returns. Users can stop and start as many times as they
wish during preparation, store returns for up to 3 years on secure servers and
get free technical support via email, telephone or fax. If users choose to file
their returns online, secure and private servers make it safe and easy with
SSL (secure socket layer) encryption, the Internet standard for bank and credit
card transactions. TAXWIZ/ IMPÔTMATIQUE prepaid online cards will be available
at computer and software retailers as well as grocery and convenience stores
such as Esso service stations, Petro Canada outlets and mass merchandisers.
MOUNT
LAUREL, N.J. - January 31, 2001
OKI
Data Americas, Inc. has recently received several accolades for its products
and excellence in marketing, while company President Dennis P. Flanagan has
been elected vice chairman of the prestigious Computing Technology Industry
Association, Inc. (CompTIA).
The awards include several from CompTIA, as well as a leading publication's
"best in test" award for an OKI color printer, which beat out several
top competitors, including Brother, Canon, Lexmark and Xerox. "The recognition
OKI Data Americas, Inc., is receiving from CompTIA and the computer industry
international press is very significant, because these are both our peers and
toughest critics," Flanagan said. "I am especially honored to have
been appointed vice chairman of CompTIA, and look forward to applying my experience
within the computer industry to develop new projects for the association."
Flanagan is a 28-year veteran of the computer industry and a 10-year member
of CompTIA where he previously chaired its Manufacturers Advisory Board. In
his position as vice chairman, his goals are to help grow CompTIA's membership
among Application Service Providers (ASPs) and resellers, as well as continue
to enhance the success of existing programs. Flanagan is also a member of the
board of directors for the Computer and Communication Industry Association;
Samaritan Hospice, Moorestown, NJ; and serves on the Business Advisory Board
of Rowan College, NJ.
During CompTIA's 17th Annual Breakaway Exchange Conference in San Diego recently,
OKI Data Americas, Inc., received Golden Screen Awards for its online catalog,
Web site and integrated marketing campaign. OKI Data Americas, Inc., was awarded
these distinctions based on the strength of its online product information and
sales channel programs. OKI's C7200 digital LED printer captured the Best in
Test award in the color printer test conducted by Milrodatorn, Sweden's most
prestigious PC magazine. The publication ranked the C7200 best among many leading
competitors in printing speed and print quality.
About OKI Data
Headquartered in Mount Laurel, NJ, OKI Data Americas, Inc., a subsidiary of
Oki Data Corporation of Japan, is a full-line supplier of PC peripheral equipment,
including serial impact dot matrix printers; digital LED page printers, plain
paper multi-function and facsimile products; and a full line of options, accessories
and consumables. OKI Data's entire line of products is in compliance with the
EPA's Energy Star® Program. OKI Electric Industry Co., Ltd., parent company
to Oki Data Corporation, is a $6.3 billion multinational corporation with headquarters
in Tokyo and is a world leader in information processing systems, telecommunications
and electronics. Visit www.okidata.com.
OKI Data's Canadian headquarters in Mississauga, ON was established in 1986.
OKI, OKIPAGE, OKI
Smoothing Technology Reg. T.M. OKI Electric Industry Co., Ltd., Energy Star
Reg. T.M. U.S. Environmental Protection Agency.
"Ken Wilson
brings a terrific blend of senior executive management experience to our team.
I'm confident he'll be able to manage and grow our organization while allowing
me time to identify and explore new business opportunities," said Rasch.
With 31 years high-tech industry experience, Wilson has served Oracle Corporation
Canada Inc. as Senior Vice President, Sales; Amdahl Canada Limited in various
management positions becoming President/General Manager; and Art Benjamin &
Associates as VP and General Manager. His career began with IBM Canada Ltd.
serving in marketing and sales positions.
Wilson has a B.Sc. in Electrical Engineering (University of Alberta) and management
diplomas from the University of Toronto and University of Western Ontario.
About InQuent Technologies Inc.
InQuent Technologies Inc. (www.InQuent.com) is a leading platform service provider
(PSP) of Internet and application hosting solutions sold through a diverse network
of international channel partners. Founded in September 1997, InQuent is a privately-owned
Corporation headquartered in Toronto, Canada. The Company delivers integrated
and market leading Internet and application hosting platforms to partners such
as telecommunication providers, ISPs, cable service providers and ISVs. By private
labeling InQuents scalable customized and turnkey hosting solutions, partners
with no prior experience in hosting can immediately deliver value-added services
to all their business customers.
THE
WORLDCOM NAME ENTERS CANADA WITH AN EXPANDED PRODUCT SUITE OF DATA NETWORKING
SOLUTIONS
In Canada, UUNET adopts parent companys name,
WorldCom, and integrates new products into its data networking portfolio
TORONTO, ON - February 7, 2001
WorldCom today announced that its wholly-owned Canadian subsidiary, UUNET, has
adopted the name of its parent company, WorldCom, effective immediately. In
addition to changing its name to WorldCom Canada Ltd., the company will expand
its focus to deliver a wider range of advanced data networking solutions for
business.
The Canadian subsidiary currently offers high-speed Internet access, web hosting,
and Virtual Private Networks but will soon introduce new products into its portfolio
including solutions such as enterprise hosting, media streaming, web centres,
and other advanced data networking products. The expanded product portfolio,
along with the new name, will lead to increased public awareness of WorldCom
Canada and greater recognition of its fast and reliable data networking solutions
for business.
"With the name change to WorldCom, our Canadian operations will benefit
from a name that is widely recognized and has a global reputation as a leading
communications company for the digital generation," said Bernard J. Ebbers,
WorldCom president and CEO. "Business in Canada can now depend on a supplier
that offers an extensive range of products to increase productivity and profitability
through the Internet. These initiatives will lead to new opportunities and increased
marketplace awareness of the value our company brings to the Internet space
in Canada."
"I am very excited about adopting the WorldCom name and our expanded focus.
With our new name, we can build on and leverage the well-established reputation
of WorldCom, as an experienced provider of business-critical data networking
solutions," said Tal Bevan, president of WorldComs Canadian operations.
"Not only can our customers continue to expect premium products and services
to enhance their productivity over the Internet, but they can also benefit from
a provider which offers a wide range of data networking solutions under a well-known
name with a strong, global presence."
WorldCom Global IP Network
For more than 13 years, WorldComs UUNET division has built its reputation
on constructing one of the most rigorously-engineered and widely-deployed IP
networks in the world -- delivering high-quality, innovative Internet services
to businesses. Today WorldComs IP network spans more than 2,500 Points
of Presence across five continents with services offered in North America, South
America, Europe, Asia and Australia.
As the leader in deploying scalable technology in its network, WorldCom offers
the most reliable and robust Internet transmissions over high-bandwidth connections.
Currently, the company deploys ATM switches in the network, which enable high-quality
transmissions of traffic.
At the beginning of this year, the company completed activating OC-48c in the
Americas, and completed the deployment of STM-16 links throughout Europe. In
March, the company began the U.S. network upgrade to OC-192c or 10 gigabits
per second, speeds with Multi Protocol Label Switching (MPLS) technology.
MPLS, one of the most advanced Internet technologies in the industry, will fulfill
even higher demand and scale for Internet bandwidth and will support an easy
upgrade path in Canada as WorldCom advances its global IP network there to OC-192c
speeds in 2001.
About WorldCom
WorldCom (NASDAQ: WCOM) is a preeminent global communications company for the
digital generation, operating in more than 65 countries. Global revenues in
1999 were $37 billion, with more than $15 billion from high-growth data, Internet
and international services. WorldCom provides the innovative technologies and
services that are the foundation for business in the 21st century. For more
information go to http://www.wcom.com
BANKWORKS
TRADING INC. APPOINTS THE COMMUNICATIONS GROUP INC. AS PR CONSULTANTS OF RECORD
TORONTO, ON - February 12, 2001
BankWorks Trading Inc., of Toronto has appointed The Communications Group Inc.,
also of Toronto, as PR consultants of record.
"BankWorks is a global research and consulting company which understands
financial services and technology, but most important, we understand how they
converge," said BankWorks' CEO Helen Sinclair, former President of the
Canadian Bankers Association. "We can talk banker lingo, yet we're no strangers
to public key cryptography, neural networks and data mining."
BankWorks assists the financial industry to enhance its strategic technology
positioning by helping financial institutions negotiate their way through a
multitude of diverse suppliers; identifying best of breed companies and technologies;
determining which companies offer the best fit with specific requirements; assisting
with negotiations, drafting terms of reference and RFPs and assessing responses
to RFIs and RFPs.
BankWorks helps technology suppliers shorten their sales cycle when marketing
to the financial services industry by positioning their products and services
to meet certain requirements of this market; uncovering new applications and
sources of competitive advantage; identifying key decision-makers within the
targeted markets and organizing meetings, participating in sales calls and assisting
with sales contract negotiations.
BankWorks has also developed expertise as a market research supplier focused
exclusively on financial services topics with a technology slant. Two major
studies were completed in 2000, "Strategic Payments: Financial Institutions
at the Crossroads" and "Making Money on the Web".
"We've chosen The Communications Group as our PR Consultants because they
understand the markets in which we work. They have a strong and successful track
record in high-tech and business-to-business news media relations and we expect
they'll help us tell our story," said Susan Abbott, Director of Research.
DANIELS
COMPLETES FIRST GTA MARKET RENTAL COMMUNITY AS VACANCY RATE SINKS TO A 10 YEAR
LOW*
TORONTO, ON - February 15, 2001
The Daniels Corporation, one of the GTAs leading builders of new homes
and condominiums, has completed the first of 10 Gateway communities
aimed at addressing the severe shortage of rental housing in the Toronto area.
"Daniels is planning to build about 1000 rental units at a capital cost
of $150,000,000 under the Gateway program," said Mitchell Cohen, President
of Daniels. "Virtually no rental housing has been built in years, and with
the vacancy rate at .6% we truly have a rental housing crisis on our hands.
Our Gateway communities are filling a huge need in the market."
"Rental housing is a fundamental part of any healthy housing system,"
said Richard Lyall, President of the Residential Construction Council of Central
Ontario. "If we dont have enough rental housing, we have a big problem
and if were not producing any new rental housing, we have a crisis."
Mississaugas Mayor Hazel McCallion agrees "Its been a serious
situation because of rent control. It seems that building rental accommodation
stopped and as a result, our supply right now is just about zero," said
Mayor McCallion. She added that her office gets many calls from people looking
for rental accommodation and who dont have the down payment for a home.
Daniels has created the innovative Home Investment Program (HIP) for residents
of a Gateway community, assisting tenants in accumulating a down payment on
the purchase of a Daniels home in the future. Gateway tenants earn a $100 credit
in their HIP account every month and can save up to a maximum of $6,000 towards
the purchase of any new Daniels home or condominium in the GTA.
"We have a responsibility to address the housing needs of everyone in our
communities, not just those that can afford to buy an expensive home. Our Gateway
program is a first step towards fulfilling that responsibility," said Mitchell
Cohen. "The next step is to work with all levels of government to further
expand the supply of rental housing, and to find ways to make that housing affordable."
See
Canada Mortgage and Housing Corporations newest Rental Market Report,
released January 29, 2001.
YAHOO!
ITS TAX SEASON
New TAXWIZ tips and tools on Yahoo! Canada make filing
your tax return easy
TORONTO, ON - February 27, 2001
While thousands of Canadians dread tax season and
the headaches that accompany filing a tax return, Yahoo! Canada members can
breathe more easily thanks to TAXWIZ tax tools and tips, now available at www.yahoo.ca
through a relationship with Richmond Hill, Ontario-based Taxamatic Inc.
"Life is too short to sweat over a tax return," said Jennifer Stewart,
senior brand manager, Yahoo! Canada. "Through our relationship with TAXWIZ,
Yahoo! Canada users can spend less time counting money, and more time earning
and enjoying it."
TAXWIZ tax tools include:
RRSP Calculator find out how much tax you saved with an RRSP contribution
Capital Gains Calculator quickly determine
your capital gains tax
Monthly Spending Calculator conveniently
find out how much youll need to save
Retirement Savings Calculator calculate
how much money your yearly savings will be worth
In addition to a suite of useful features and tax information, TAXWIZ provides
Yahoo! Canada users with two convenient methods of filing tax returns:
Interactive Online Tax Return Preparation: For
an $8.00* fee users can complete one income tax return online and NETFILE to
the government or print and mail. This service is free to those with an income
less than $20,000.
Internet Download: For a $24.95* fee, users will
receive the full software program online, allowing them to complete unlimited
returns.
"Filing a tax return doesnt have to be a nightmare and for the many
Canadians using TAXWIZ, its a very simple, convenient process," said
Syd Hazan, president of Taxamatic Inc. "Were delighted to bring our
service to Yahoo! Canada users."
The TAXWIZ 2000 CD software package and download are NETFILE certified with
the Canadian Customs and Revenue Agency (CCRA).
*not including tax
About TAXWIZ 2000 Software
TAXWIZ software is rich in features that make completing tax returns an easy
and convenient task. Available in CD ROM at retail or as a download from the
www.taxwiz.ca site, the software program allows users to prepare an unlimited
number of returns. This PC-compatible package works on Windows versions 3.1,
95, 98, NT, 2000 and ME. Users can receive free product updates online during
tax season. TAXWIZ features a Capital Gains/Losses Calculator that will easily
calculate their gains and losses and transfer that number into their tax return.
The TAXWIZ 2000 version allows users of QuickTax to import personal information
data files from last years tax season into this years TAXWIZ. TAXWIZ
software is sold by major retailers across Canada including: Business Depot/Staples,
Future Shop, Zellers, London Drugs, Compucentre, Price Club/Costco, Great Canadian
Superstores, Compusmart and software retailers everywhere.
About Yahoo! Canada
Yahoo! Canada, www.yahoo.ca, is part of the Yahoo! global network and provides
comprehensive and localized media, commerce and communication services to millions
of Canadians each month. Users can also seamlessly connect to any of Yahoo!'s
global properties Yahoo! Canada is headquartered in Toronto, Ontario.
About
Yahoo! Inc.
Yahoo! Inc. (Nasdaq: YHOO) is a global Internet communications, commerce and
media company that offers a comprehensive branded network of services to more
than 180 million individuals each month worldwide. As the first online navigational
guide to the Web, http://www.yahoo.com is the leading guide in terms of traffic,
advertising, household and business user reach. Yahoo! is the most recognized
and valuable Internet brand globally, and is ranked the No. 38 leading consumer
brand worldwide. The company also provides online business and enterprise services
designed to enhance the productivity and Web presence of Yahoo!s clients.
These services include Corporate Yahoo!, a popular customized enterprise portal
solution; audio and video streaming; store hosting and management; and Web site
tools and services. The companys global Web network includes 24 World
properties. Yahoo! has offices in Europe, the Asia Pacific, Latin America, Canada
and the United States, and is headquartered in Santa Clara, Calif.
VALU-NET
POSTS YEAR-END FINANCIALS AND FIRST QUARTER REVENUES FOR 2001
Restructuring Actions Produce Results
TORONTO, ON - March 1, 2001
Valu-net Corporation (CDNX:VNE) today announced financial results for the fourth
quarter and year-ending September 30, 2000 and the company's first quarter results
for year 2001.
Valu-net reported consolidated revenues of $3.2 million for its first quarter
of fiscal 2001, ending December 31, 2000, a significant increase compared to
$0.1 million for the same period in fiscal 1999. The net loss for the first
quarter decreased to $0.17 million or $0.003 (3/10 of a cent) per share, as
compared to a net loss of $0.53 million or $0.01 per share reported for the
same period of 1999.
"We are very pleased with our first quarter performance," said Jeffery
C. Coyne, chairman of Valu-net. "Our growth in 2001 is directly attributable
to our change in direction and priorities. Our re-focusing began early in the
spring of 2000. The flexibility of the current management team allowed us to
quickly address market changes and implement cost cutting measures ahead of
the high tech market slow down. Moving forward, we believe that we are firmly
positioned to grow by building on traditional profit-oriented businesses and
strategic acquisitions."
For the fourth quarter and year ending September 30, 2000, Valu-net reported
consolidated revenues of $20.3 million, an increase of $20 million compared
with revenues for the previous year. Valu-net recorded certain one-time expenses
of $8.47 million, including expenses associated with the termination of business
units and affiliations that were not profitable and did not reflect the company's
new direction. As a result of these changes, the company experienced a net loss
of $12 million. Excluding discontinued operations and write down of investments,
the company had a trading loss of $3.5 million, which represents a loss of $0.06
per share in 2000 compared to $0.08 for the same period in 1999. The company
has reduced its annual overhead structure from $3.15 million in year ending
September 2000 to an estimated $1.8 million for fiscal 2001.
Our most significant achievement of last year was the implementation of a new
management team, a redefinition of the company and the move away from new economy
idealism to a focus on sound management and profitability," said Coyne.
"While we incurred certain one-time costs in the fourth quarter of 2000,
we are confident that the results in the coming year will validate the strategic
change in direction. These decisions were difficult but nonetheless essential
to position the company for future success."
Recent Accomplishments:
Developed new e-commerce initiatives
Derived significant revenue from CDD, the computer
distribution division
Appointed a new management team
Phased out non-profitable businesses and streamlined
operations
Recouped 6,400,000 million shares as a result of
restructuring
Acquired Encore Asset Management Services, Inc.
Actively exploring other strategic acquisitions
Detailed financials can be accessed via http://www.sedar.com or by calling Valu-net.
About Valu-net
Founded in 1995, Valu-net Corporation provides customers with a wide range of
technology, both hardware and software, to better enable the establishment of
e-businesses. Valu-net provides key business functionality and defined solutions,
such as secure credit card transaction processing, as well as the development
of custom e-business solutions for corporations seeking to serve their customers
better and more cost effectively using an Internet business model. Valu- net
recently acquired Encore Asset Services Inc., a private company that has become
a valued service partner to some of the world's leading leasing companies and
computer manufacturers. Encore offers timely, accurate and cost-effective tracking,
maintenance and management of entire high-tech inventories. Its industry-acclaimed
software system for online tracking, EASI tm, allows customers to query their
inventories and generate reports as part of its services. Visit http://www.easi2000.com
for more information on Encore or visit Valu-net at http://www.vncorp.com.
The Canadian Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
In his position
as President and CEO, Cirella will be responsible for and involved in all senior
management aspects of Valu-net and its subsidiaries, including the creation
and implementation of dynamic long range plans for the future growth, strength,
development and profitability of Valu-net, involvement in the marketing and
budgeting for the company, exploring and expanding complementary profitable
business opportunities and strategic alliances, and establishing operational
initiatives to ensure the basic infrastructure is in place to effect the expansion
and anticipated future growth of Valu-net.
"Nick Cirella is a dynamic, dedicated and experienced leader who has the
necessary skill sets to navigate the future course of Valu-net with a view toward
providing enhanced shareholder value and corporate profitability." said
Coyne. "His track record of building successful, profitable companies,
combined with his visionary yet results-oriented management style, is a significant
benefit to Valu-net as we embark on the path toward enhanced profitability and
growth. Over the past year, we together with numerous other high tech companies
have experienced the turbulence associated with the introduction of new technologies
and changing consumer and business patterns. While different companies have
utilized different strategies to cope with the current uncertainties, Valu-net,
we believe has acted in a prudent and timely fashion to deal with these market
changes and in the process emerged a stronger and more stable company. With
Nick
Cirella at the helm, we have completed the corporate rebuilding process and
have in place strategic management team complemented by an exciting new direction
and a solid foundation upon which to grow Valu-net's business." Cirella
is a hard driving and demanding individual with a wealth of management, technology
and marketing experience and leadership abilities. He has been involved in the
commodities business for over 30 years with 15 of those years in the high tech
industry. His entrepreneurial management style combined with his understanding
and vision has enabled him to strategically and tactically position his group
of companies as leading edge innovators in their industry. He has a unique skill
and capacity to blend various corporate synergies to provide growth and profitability
for corporations that he has managed. He has held the position of CEO of Valu-net
subsidiary, Computer Discount Depot.com (CDD) since its inception in November
of 1999. Under his direction, CDD has grown into a highly successful, profitable
high tech company in its first year of operations. Cirella spent 12 years as
CEO of the Applied Innovations Group of Companies. During his involvement with
the Applied Group, he transformed their operations into a highly networked,
debt-free, global enterprise with offices in Canada, the United States and Europe.
This announcement is subject to the approval of the Canadian Venture Exchange.
About Valu-net
Founded in 1995, Valu-net Corporation provides customers with a wide range of
technology, both hardware and software, to better enable the establishment of
e-businesses. Valu-net provides key business functionality and defined solutions,
such as secure credit card transaction processing, as well as the development
of custom e-business solutions for corporations seeking to serve their customers
better and more cost effectively using an Internet business model. Valu-net
is in the process of completing the acquisition of Encore Asset Services Inc.,
a private company that has become a valued service partner to some of the world's
leading leasing companies and computer manufacturers. Encore offers timely,
accurate and cost-effective tracking, maintenance and management of entire high-tech
inventories. Visit http://www.easi2000.com for more information on Encore or
visit Valu-net at http://www.vncorp.com.
The Canadian Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
BANKWORKS
MARKET POSITIONING STRENGTHENS ALLIANCE WITH UNITED SYSTEM SOLUTIONS
TORONTO, ON - March 8, 2001
BankWorks, a global research and consulting firm specializing
in financial services and technology has announced an alliance with United System
Solutions (USS) of Toronto. United System Solutions focuses on the development
of solutions for the financial services community. BankWorks has assisted USS
with its market positioning.
"We are proud to be associated with USS and the new mail and workflow archiving
technology that they have developed", said BankWorks CEO, Helen Sinclair.
"We believe it has a potentially huge market in the financial services
community because of the growth in demand for web accessible document storage."
David Poulson, CEO, United System Solutions added, "BankWorks has been
very constructive in helping us reach our core target market - financial services.
Our successful track record at building and implementing within this sector
has been enhanced by their tremendous experience and strategic knowledge. We
look forward to enjoying a successful, long term, relationship with the BankWorks
team."
About BankWorks
Toronto-based BankWorks is a global market research and consulting firm that
focuses on topics related to financial services and technology. BankWorks
is a registered trademark of BankWorks Trading Inc.
About United System Solutions
Founded in 1987, United System Solutions of Toronto, is a leading provider of
customized CRM solutions, award-winning education and web enabled CRM products
serving the financial, professional and insurance services sectors. Employing
more than 90 system professionals, consultants, trainers and computer engineers,
United System Solutions is a leading IBM and Microsoft technical education centre.
VALU-NET
CONSOLIDATES BUSINESS UNITS UNDER KEITH PITTS
TORONTO, ON - March 12, 2001
Nick Cirella, president and chief executive officer of Valu-net
Corporation (CDNX: VNE) today announced that effective immediately, three separate
business units, Computer Discount Depot (CDD), Aii97.com and Cybercenturion
will merge with recently acquired Encore Asset Services Inc. Encore president
Keith Pitts, will be responsible for leading the consolidated company.
Integrating four distinct business units will strengthen and increase Encore's
core business services, add resources for further development, and increase
efficiency through the amalgamation of administrative processes. Cirella has
resigned as president of CDD, transferring all management responsibilities for
that company to Pitts in order to dedicate more time to corporate development,
including the continued assessment of strategic acquisitions to re-position
and grow Valu-net.
"Keith is a proven leader and an astute businessman," said Cirella.
"Under his direction, Encore's revenues increased in each of its four years
of operations as a private company. Restructuring gives Keith access to additional
resources, services, technology and marketing channels necessary to execute
his business strategy."
With 33 years in the high technology sector, Pitts has held senior sales, marketing
and service positions with IBM Canada Ltd., Data products and Memorex. He has
served as a consultant to Bell Canada, SHL SYSTEMHOUSE, NEC Canada and Nulogix.
Prior to this appointment, he was president, CEO and founder of Encore Asset
Services Inc., a privately held company which
was acquired by Valu-net in 2001.
"I look forward to the many challenges and opportunities presented by this
amalgamation," said Pitts. "By making Encore more robust, we will
be able to grow the business by increasing services, competitive edge, revenues
and market share. With the additional business units, Encore is now be able
to offer an integrated suite of asset management services - from electronic
inventory and tracking to asset disposition - with a profit center attached
to each service."
This announcement is subject to the approval of the Canadian Venture Exchange.
About Encore Asset Services Inc.
Encore Asset Services is a private company that has become a valued service
partner to many of the world's leading manufacturers, leasing/rental companies
. They also partner with other major corporations to assist with the management
of their technology assets, providing a full suite of asset management services.
Encore offers timely, accurate and cost-effective tracking, maintenance and
management of entire high-tech inventories. With its industry-acclaimed software
system for online tracking, called EASI tm, the company allows customers to
query their inventories and generate required internal reports as part of its
services. The company is headquartered in Vaughan close to Toronto's major thoroughfares
and Pearson International Airport. Visit http://www.easi2000.com for more information
on the company.
About Valu-net
Founded in 1995, Valu-net Corporation provides customers with a wide range of
technology, both hardware and software, to better enable the stablishment of
e-businesses. Valu-net provides key business functionality nd defined solutions,
such as secure credit card transaction processing, as well as the development
of custom e-business solutions for corporations seeking to serve their customers
better and more cost effectively using an Internet business model. Visit us
at http://www.vncorp.com.
The Canadian
Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.
INQUENT
NAMES CHRISTOPHER SILK VICE PRESIDENT, SALES
TORONTO, ON - March 13, 2001
Christopher Silk has been named Vice President, Sales,
InQuent Technologies Inc., effective immediately.
Based at InQuents Toronto head office, Silk joins from Versatel Internet
Holdings Group NV of Amsterdam, NL where he was Chief Operations Officer. He
also worked as Director, Sales and Marketing, Euro Business Development for
UUNET in Amsterdam, NL and as UUNETs Vice President of Sales in Toronto.
Silk joined UUNET as Account Executive/Team Leader in the Companys Fairfax,
VA office in 1995.
"Christopher Silk brings high caliber experience, both international and
Internet industry, to the InQuent team," said Ken Wilson, InQuent President
and Chief Executive Officer. "We expect he will quickly expand our presence
in North America, Europe and Asia."
As an international high-tech sales professional with over 12 years experience,
Silk has also held positions with COMMSYS Corporation/Perot Systems, Bell Atlantic
Yellow Pages, Fiber Products Company Inc. and KSK Communications.
He holds a BSc in Telecommunications management from Syracuse Universitys
Newhouse School of Public Communications.
About InQuent Technologies Inc.
InQuent Technologies Inc. (www.InQuent.com) is a leading platform service provider
(PSP) of Internet and application hosting solutions sold through a diverse network
of international channel partners. Founded in September 1997, InQuent is a privately-owned
Corporation headquartered in Toronto, Canada. The Company delivers integrated
and market leading Internet and application hosting platforms to partners such
as telecommunication providers, ISPs, cable service providers and ISVs. By private
labeling InQuents scalable customized and turnkey hosting solutions, partners
with no prior experience in hosting can immediately deliver value-added services
to all their business customers.
OKI®
C7000 SERIES OF COLOR PRINTERS GIVES USERS THE COMPETITIVE EDGE IN THE BATTLE
FOR BUSINESS
Combines Low Total Cost of Ownership, Higher Productivity,
Better Bottom Line
VANCOUVER, BC - March 13, 2001
At Comdex Canada West 2001, starting today, Oki Data
Americas, Inc. (Booth #1504) will show the OKI C7000 Series of color digital
LED printers, combining speed with a low total cost of ownership, bringing a
new level of office productivity from business color printing.
Using the next
generation of OKI Single Pass Color® technology, the OKI C7000 Series prints
12 pages per minute (ppm) in color and 20 ppm in black. And with a Total Cost
of Ownership (TCO) 15-25% lower than its closest competitor, the C7000 Series
makes it affordable for any size business to bring office color printing in-house
rather than having their color printing outsourced.
In addition to TCO and in-house printing which combine for departmental
productivity -- the C7000 Series color output can improve communication effectiveness
while ensuring a professional business image in the marketplace.
"The C7000 Series gives businesses the competitive edge in workgroup and
departmental color in the battle for new business," said Gus Piccin, Oki
Data's Canadian General Manager.
"Our third-generation Digital LED print head produces the high-quality
color printing Oki Data customers have come to trust. Today we bring to market
a new line of color printers that give the user a low cost of ownership while
raising their productivity," he said.
Specifications and Features
The OKI C7000 Series consists of four pre-configured models designed to meet
a variety of color printing needs for quality output, ranging from 600 X 1200
dots per inch (dpi) resolution to 1200 X 1200 dpi for high-quality graphics.
Each model has a monthly duty cycle of 50,000 pages in color and a large capacity
toner for less user intervention. Two-sided printing and 10/100Base TX Ethernet®
networking functionality are also available.
Additionally, the OKI C7000 Series has an optional configuration with a 5 GB
hard drive capable of storing frequently used documents. Once stored in memory,
documents can be printed directly from the printers control panels, saving
valuable time.
The four OKI C7000 printers are:
OKI C7200 -- 12 ppm color, 20 ppm black; 600 X 1200 dpi; and 64 MB memory.
Optional 2-sided printing, hard drive, network interface card and 2nd and 3rd
paper trays. List price: (CDN)$5,249.
OKI C7200n -- 12 ppm color, 20 ppm black; 600 X 1200 dpi; 64 MB memory
and standard network interface card. Optional 2-sided printing, hard drive,
and 2nd and 3rd paper trays. List price: (CND)$5,999.
OKI C7400 -- 12 ppm color, 20 ppm black; 1200 X 1200 dpi; 128 MB memory
and standard network interface card. Optional 2-sided printing, hard drive,
and 2nd and 3rd paper trays. List price: (CND)$8,099.
OKI C7400DXn with Hard Drive -- 12 ppm color, 20 ppm black; 1200 X 1200
dpi; and 256 MB memory. Standard network interface card, duplex printing, and
hard drive. Optional 2nd and 3rd paper trays. List price: (CND)$9,749.
A Special Version for Real Estate
The C7000 Series of printers is ideal for businesses recognizing color printing
as a competitive advantage. Now, real estate brokers and agents can use the
C7200 for fast, sharp color printouts of listings at a competitive cost per
page. The C7200 Real Estate Edition comes equipped with 128 MB of standard
extra memory to handle large graphic files, a CD-ROM loaded with templates for
flyers, postcards and web listing pages, and other features geared to the specific
needs of real estate brokers, agents and office managers. In addition to real
estate applications, the OKI C7000 is ideal for architectural and engineering
firms requiring efficient color output to bring life to drawings and designs;
and for workers at financial institutions and general business office environments,
allowing them to remain productive while generating clear, crisp high-resolution
color graphics for presentations.
Availability, Warranty, and Customer Support
The OKI C7000 Series line of printers come with a 5-year print head warranty
plus a 1-year limited warranty with on-site coverage in the Canada and the United
States. Additionally, 1 and 2-year on-site Service Enhancement Programs are
available through participating dealers or direct from OKI Data
OKI Data operates a seven-day-a-week, 24 hour a day ("7/24"), toll-free
customer service and technical support line providing a single point of contact
for all customer support. This service is available in the Canada and the United
States at 1-800 OKI DATA (1-800-654-3282). OKI Data was the first printer manufacturer
to offer "7/24" service to its customers.
The OKI C7000 Series is supported by an extensive nationwide network of OKI
Data Authorized Dealer Service Centers throughout North America. These Centers
provide on-premise service at over 2,000 sites in the Canada and the United
States, enabling Oki Data dealers to offer full warranty and after-warranty
support to their customers.
About OKI Data
OKI Data's Canadian headquarters in Mississauga, ON was established in 1986.
Headquartered in Mount Laurel, NJ, OKI Data Americas, Inc., a subsidiary of
OKI Data Corporation of Japan, is a full-line supplier of PC peripheral equipment,
including serial impact dot matrix printers; digital LED page printers, plain
paper multi-function and facsimile products; and a full line of options, accessories
and consumables. Oki Data's entire line of products is in compliance with the
EPA's Energy Star® Program. OKI Electric Industry Co., Ltd., parent company
to Oki Data Corporation, is a $6.3 billion multinational corporation with headquarters
in Tokyo and is a world leader in information processing systems, telecommunications
and electronics. Visit the OKI Data Internet Web site: www.okidata.com.
OKI Reg. T.M. OKI Electric Industry Co., Ltd., Single Pass Color Reg. T.M. OKI
Data Corporation, Energy Star Reg. T.M. U.S. Environmental Protection Agency,
Ethernet Reg. T.M. Digital Equipment Corp.
EQUITYENGINE.COM
EVOLVES TO VENNGO INC. AND LAUNCHES VIRTUAL BUSINESS NETWORK (VBN)
TORONTO, ON - March 20, 2001
Venngo Inc. announced the signing of additional client software
licenses for its Virtual Business Network (VBN) solution. This solidifies the
Companys transition from Equityengine.com as a virtual incubation destination,
to the broader Venngo network model.
"Our VBN now connects thousands of members, bringing together businesses,
associations, and educational institutions, creating a vast marketplace to promote
their products and services," said CEO Craig McKenney. Brent Stucke, President,
added "Recently-signed clients, like Hewlett-Packard (Canada), are already
using Venngos VBN solution to build brand loyalty while helping their
customers generate new business opportunities, be more productive and save money."
Venngo continues to license their software and is currently finalizing agreements
with Certified Management Accountants of Canada and Communitech, furthering
Venngos efforts to grow its global VBN.
The Venngo VBN is live with BioBroker.ca Inc., Equityengine.com, HewlettPackard
(Canada) Ltd., The Association of Collegiate Entrepreneurs, The Association
of Independent Consultants, The Canadian Youth Business Foundation (Youthbusiness.com),
The Leaf Initiative, The Society of Internet Professionals The University of
Toronto Innovations Foundation, The University of Toronto Joseph L. Rotman School
of Management, The University of Waterloo Entrepreneurs Association, VentureCluster
Inc. and Wilfrid Laurier Universitys E-biz Club.
About Venngo Inc.
Venngo brings people, ideas, capital and knowledge together to foster innovation
and business development. By using Venngos Virtual Business Network (VBN)
ASP software solution in their Web sites, businesses, associations, and educational
institutions are creating local business networks within an overall marketplace,
where they can easily promote their products and services. VBN technology also
empowers their users to selectively work with each other, and also communicate,
collaborate and do business with any user across all Venngo VBNs.
INQUENT
TECHNOLOGIES NAMES DONNA GARLAND VICE PRESIDENT, PROJECT MANAGEMENT OFFICE
TORONTO, ON - April 4, 2001
Donna Garland has been named Vice President, Project Management Office, InQuent
Technologies Inc., effective immediately.
Based at InQuents Toronto head office, Ms.Garland is responsible for product
and project delivery and the overall framework of the Project Management Office
including standards, methodology, work programs, planning, capital budget and
staffing. She also directs the Companys Business and Systems Analysis
Office. Prior to this appointment, she served as Director, Project Management
Office.
Ms.Garland holds over 19 years of IT experience in the public and private sectors.
She joined InQuent in June 2000, from Human Resources Development Canada where
she served as IT Manager of Application and Intranet/Internet Operations. She
has also held other senior IT positions where she delivered business-to-business
and business-to-customer solutions. Most notably, Ms. Garland served as Director
of Program Management with ReserveAmerica where she managed a $10 million US
federal account and delivered business-to-customer e-commerce solutions.
Ms. Garland was awarded the prestigious Minister Award in 1998 by Revenue Canada
for her role in implementing remote office solutions for mobile professionals.
About
InQuent Technologies Inc.
InQuent Technologies Inc. (www.InQuent.com) is an award-winning global Platform
Service Provider (PSP) of wholesale hosting platforms sold directly through
a diverse network of international Service Providers. InQuent delivers integrated
and market leading Internet and application hosting platforms to Private Labeled
Customers (PLCs) such as telecommunication providers, ISPs, cable service providers,
and ISVs. Founded in September 1997, InQuent is a privately owned corporation
headquartered in Toronto, Canada. SBC Communications Inc. of San Antonio, Texas,
is a major shareholder in InQuent Technologies Inc.
TAXWIZ TEAMS WITH MICROSOFT TO PROVIDE PERSONAL FINANCE
POWER PACK
RICHMOND HILL, ON - April 9, 2001
Taxamatic Inc. of Richmond Hill, ON, the 100% Canadian developer
of tax preparation software for Canadians, has teamed with Microsoft Canada
to offer TAXWIZ 2000 tax preparation software, MICROSOFT MONEY 2001 (Canadian
Edition) and THE WEALTHY BARBER COMMON SENSE GUIDE TO SUCCESSFUL FINANCIAL PLANNING
together in a specially-priced package. When consumers buy MICROSOFT MONEY 2001
(Canadian Edition), they receive THE WEALTHY BARBER free; when they add TAXWIZ
2000, they receive a $30 rebate on the purchase price of the Microsoft product.
"We have linked a package of exceptional personal finance products at a
time when most Canadians will need them," said Syd Hazan, President, Taxamatic
Inc. "As we get closer to April 30 and having to file taxes, TAXWIZ, MICROSOFT
MONEY and THE WEALTHY BARBER will provide exceptional value and reference to
those preparing their own documents."
About TAXWIZ 2000 Software
NETFILE certified TAXWIZ software is rich in features that make completing tax
returns an easy and convenient task. Available in CD ROM at retail or as a download
from the www.taxwiz.ca site,
the software program allows users to prepare an unlimited number of returns.
This PC-compatible package works on Windows versions 3.1, 95, 98, NT, 2000 and
ME. Users can receive free product updates online during tax season. TAXWIZ
features a Capital Gains/Losses Calculator that will easily calculate their
gains and losses and transfer that number into their tax return. The TAXWIZ
2000 version allows users of QuickTax to import personal information data files
from last years tax season into this years TAXWIZ. TAXWIZ software
is sold by major retailers across Canada including: Business Depot/Staples,
Future Shop, Zellers, London Drugs, Compucentre, Price Club/Costco, Great Canadian
Superstores, Compusmart and software retailers everywhere.
About
Valu-net Corporation
Founded in 1995, Valu-net Corporation provides customers with a wide range of
technology, both hardware and software, to better enable the establishment of
e-businesses. Valu-net provides key business functionality and defined solutions,
such as secure credit card transaction processing, as well as the development
of custom e-business solutions for corporations seeking to serve their customers
better and more cost effectively using an Internet business model. Valu-net
is in the process of completing the acquisition of Encore Asset Services Inc.,
a private company that has become a valued service partner to some of the world's
leading leasing companies and computer manufacturers. Encore offers timely,
accurate and cost-effective tracking, maintenance and management of entire high-tech
inventories. Learn more about Encore at http://www.easi2000.com or visit Valu-net
at http://www.vncorp.com.
The Canadian Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
VICINITY
LAUNCHES LOCATION-BASED MARKETING SERVICES TO CANADA
TORONTO, ON - April 17, 2001
Vicinity Corporation (Nasdaq: VCNT) announced today the availability of its
location-based marketing services to companies that operate uniquely in the
Canadian market, focusing on the financial, hospitality and retail sectors.
Vicinity is offering a complete solution that employs Web, wireless and speech
platforms to the Canadian market to turn online browsers into real world buyers.
The services include Web Business FinderSM, Wireless Business FinderSM, Speech
Business FinderSM and SiteMakerSM.
Vicinitys services have been deployed by Canadian subsidiaries of Fortune
500 companies over the past five years. Currently, 32 Canadian subsidiaries
use Vicinitys services including Starbucks, The Gap, The Home Depot,
Ford Motor Company, Starwood Hotels, Bombardier Recreational Products, Holiday
Inn, Best Western Hotels and Ethan Allen.
"Though we have had great interest in the Canadian market as our business
has evolved, the mapping data infrastructure has only recently become available
which will allow us to meet the high quality and reliability standards required
for delivery of our full range of services," said Emerick Woods, president
and CEO of Vicinity Corporation.
The Vicinity solution comprises:
Boundary-less proximity searches to locate the closest retail location
where a brand name product or service may be acquired
Driving directions to direct customers to a store location
Trip planning that identifies graphically all of a brand's locations
along a travel route, as well as directions and details regarding those locations
Individual store Web site infrastructure, empowering local stores to
generate more foot traffic while allowing corporate management to monitor content
while maintaining their branding image.
Vicinitys patented boundary-less proximity search rapidly identifies for
the consumer only those few locations that are physically closest to the consumers
location, regardless of municipal and postal code boundaries. Use of the proximity
search tool also maximizes use of the limited display of a handheld wireless
device or wireless Internet telephone.
Vicinitys services are transparently integrated into its clients
corporate and wireless Web sites, as well as their toll-free phone numbers.
For example, when using the Starbucks store locator, the consumer would go to
www.starbucks.com, select "Store Locator" and enter his/her current
location. To the consumer it appears that the resulting list and maps are on
the Starbucks Web site; however, these results will have been delivered from
Vicinitys servers containing both the geo-spatial data and the store location
database. Optimizing this delivery through high-speed search algorithms and
a high availability, reliable hosting architecture is another key feature of
Vicinitys infrastructure.
The location results delivered are current and accurate. Vicinitys clients
provide updates to its location database as often as daily, taking into account
new location openings, relocations and closings.
Vicinity licenses its Canadian mapping data from DMTI Spatial Inc., based in
Markham, Ontario. Over the past 18 months, DMTI has enhanced and expanded its
product line and support services to fully support Vicinitys Canadian
offerings. Vicinity recently extended its contractual relationship with DMTI.
Coincident with this launch, Vicinity has announced the appointment of Jim Courtney
as Director of Business Development, Canada. Mr. Courtney, a graduate of the
University of Torontos Executive MBA program, brings over 25 years
experience building Canadian businesses in the high-technology sector as well
as U.S. business development experience.
About Vicinity
Vicinity Corp. is a leading provider of Internet-based infrastructure marketing
services for brand-name Global 2000 companies. The company's solutions, available
in 18 countries and in 10 languages, enable its clients to direct their customers
searching for a specific product or service to the nearest brick-and-mortar
store that carries that product or service. Vicinity's customers include FedEx,
Ford, GM, Hilton Hotels Corporation, Marriott, McDonald's, NEC, Pizza Hut, Starbucks,
Starwood Hotels, Taco Bell, Toyota, Levi Strauss & Co. and UPS. Its suite
of private-label and co-branded content and services -- available via the Internet,
cellular phones, WAP phones, wireless devices and landline telephones -- includes
Vicinity Business FinderSM, Speech Business FinderSM, Wireless Business FinderSM,
SiteMakerSM and MapBlast!_ Mapping Service.
Vicinity, established in 1995, is headquartered in Sunnyvale, Calif., and has
offices in San Diego, Calif., Lebanon, N.H., U.K. and France. Vicinity_ is a
registered service mark of Vicinity Corp.
This news release contains statements of a forward-looking nature relating to
the future events or the future financial results of Vicinity Corporation. Investors
are cautioned that such statements are only predictions and actual events or
results may differ materially. In evaluating such statements, investors should
specifically consider the various factors that could cause actual events or
results to differ materially from those indicated from forward-looking statements.
Including the matters set forth in Vicinity Corporation's reports and documents
filed from time to time with the Securities and Exchange Commission.
MONARCH
TO BUILD $300 MILLION TORONTO WATERFRONT COMMUNITY
Ontarios Largest Waterfront Community to Feature
High Rise Living in Urban Resort
TORONTO, ON April 18, 2001
Toronto-based Monarch Construction Limited announced today
the launch of a joint-venture with Water View Corporation also of Toronto, to
develop and build a $300 million waterfront project in the heart of Torontos
lakeshore over the next 10 years.
Monarch is one of Torontos largest builders of highrise condominiums and
single family homes, with over 25 projects currently under development in Canada.
In business since 1917, Monarch is a member of the Taylor Woodrow Group (LSE:
TWOD), an international leader in housing, property development and construction.
Headquartered in London, Taylor Woodrow has significant housing operations in
the UK, United States, Canada, Spain and Australia.
Waterview will be the largest waterfront community currently being built in
Ontario. Situated on a 10-acre piece of land, between the Humber River and Mimico
Creek, the development is part of Torontos $12 billion revitalization
program of 50 km of the citys Lake Ontario waterfront. Development of
Waterview is expected to generate approximately 3,750 person years of employment
when construction begins in 2002.
Torontos first urban resort, Waterview will appeal to a diverse market,
offering the luxury, amenities and indoor/outdoor activities of a year-round
destination resort in a live-work lifestyle all built around the water.
Bordered by 40-hectares of parkland and wetlands, the 10-acre site will accommodate
approximately 1,500 residential units in eight highrise buildings with panoramic
views of the waterfront and downtown Toronto. Prices will range from the low
$100,000s for a studio suite to over $600,000 for a penthouse suite. The first
27-storey building, The Voyager, will have 313 suites and be available for sale
April 21/01.
The development team includes Graziani and Corazza as the principal architects
with the internationally renowned architectural firm of Zeidler Roberts serving
as design consultant.
Waterviews landscaping will merge its natural habitat surroundings with
formal gardens, courtyards and sundecks. Throughout the 10 acres, the sound
and motion of fountains, jets, ponds and reflecting pools will be a constant
reminder of the communitys lakeside heritage. The central waterfront court
will be organized around The Pond, a large, landscaped reflecting pool, which
will serve as a meeting place in the summer and possibly a skating rink in the
winter.
The Voyager will include The Waterview Club, a recreational, fitness and health
facility featuring a two-storey indoor pool, spa, fitness gym, guests suites,
and vista lounge.
For purchasers requiring home office conveniences or global telecommuting services,
Waterview will introduce Monarchs new MO.NET system, providing a fully
wired environment complete with high-speed internet access and video and music
on demand. A sophisticated security system will provide controlled access to
the residents building and individual suites.
Residents will have all their neighbourhood conveniences at their doorstep.
When fully developed, the area will include restaurants and a complete range
of convenience, commercial and retail facilities.
"Monarchs investment in Waterview makes complete business sense.
Our company has solid experience in highrise waterfront development, especially
around the water. This is our third waterfront project in Toronto. We are in
a strong financial position to develop a project of this magnitude over a long-term
period, and we have an exceptional reputation in the home-building industry,"
said Brian Johnston, President, Monarch Construction Limited.
"Waterview offers a beautiful setting and is a magnificent site in Toronto
which commands panoramic views of both Lake Ontario and downtown Toronto,"
he added.
Other Monarch waterfront projects include Queens Harbour at 600 Queens
Quay and The Aqua on the Queens Quay, currently under construction.
A 3,500 sq. ft. sales office will open on site April 21/01. Two model suites
will be added in early June 2001. Located at 2115 Lakeshore Boulevard West,
office hours are Monday to Thursday noon to 6 p.m. and weekends from noon to
5 p.m. For more information call (416) 495-3544 or visit www. monarchgroup.net.
About Monarch Construction Limited
One of Canadas oldest real estate companies, Monarch is a diversified
real estate company whose major focus is new home construction and residential
land development in Ontario. Founded in Toronto in 1917, Monarch is a member
of the Taylor Woodrow Group, a U.K.- based organization engaged internationally
in housing, property development and construction.
VALU-NET
NAMES JASBINDER S. MANN, CHIEF FINANCIAL OFFICER
TORONTO, ON - April 18, 2001
Valu-net Corporation (CDNX:VNE) today announced the
appointment of Jasbinder S. Mann to chief financial officer. Mann is currently
CFO of Valu-net subsidiary, Computer Discount Depot, a position he has held
since the company was founded in 1999.
Mann is a Certified General Accountant (Canada), an associate member of the
Institute of Chartered Accountants (India) and has achieved his bachelor of
laws (India). He brings 20 years of corporate finance, international business
and management experience to Valu-net. As CFO, Mann will be responsible for
all corporate finance activities and accounting functions,
including projections, rationalization of existing business units and assessment
of new business development. He replaces Gavin G. Lange who joined the company
as interim CFO last year. After guiding Valu-net through a critical period of
restructuring, Lange has returned to his private practice.
"Jas is an experienced professional who is familiar with Valu-net and its
subsidiaries having created and implemented financial protocols for CDD,"
said Nick Cirella, chief executive officer of Valu-net. "His rational approach
toward problem solving, strong analytical skills and attention to detail will
be invaluable as we continue to grow the business. I am pleased to welcome him
to the team. I would also like to thank Gavin for his commitment and guidance
in leading the company through some critical turning points. He has played a
very important role in re-positioning Valu-net."
Mann brings a comprehensive knowledge of financial practices in a number of
industry sectors ranging from engineering to electronics to high tech. He has
held senior corporate finance positions with both privately-held and publicly-traded
companies.
"I have spent a great deal of time over the past few months working with
Gavin to assess and rationalize the company's assets and overall operations,"
said Mann. "Now that Valu-net has successfully turned its focus to a more
aggressive profit model, I am enthusiastic about the opportunities that lie
ahead."
This appointment is subject to the approval of the Canadian Venture Exchange.
About Valu-net
Founded in 1995, Valu-net Corporation provides customers with a wide range of
technology, both hardware and software, to better enable the establishment of
e-businesses. Valu-net provides key business functionality and defined solutions,
such as secure credit card transaction processing, as well as the development
of custom e-business solutions for corporations seeking to serve their customers
better and more cost effectively using an Internet business model. Valu-net
is in the process of completing the acquisition of Encore Asset Services Inc.,
a private company that has become a valued service partner to some of the world's
leading leasing companies and computer manufacturers. Encore offers timely,
accurate and cost-effective tracking, maintenance and management of entire high
tech inventories. Learn more about Encore at http://www.easi2000.com or visit
Valu-net at http://www.vncorp.com.
The Canadian Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
DEBTOR
CONSULTING SERVICES INC. APPOINTS THE COMMUNICATIONS GROUP INC. AS ITS FIRST
PR FIRM
TORONTO, ON - April 19, 2001
Toronto-based Debtor Consulting Services Inc. has named The Communications
Group Inc., also of Toronto, as its public relations counsel of record.
Said Founder and President Frank Kisluk, "We serve as a starting gate through
which debt problems are resolved. Our goal is to help clients resolve their
current financial difficulties and regain control of their financial future.
Whenever possible, we'll be able to avoid bankruptcy proceedings and restructure
through negotiated settlements with creditors."
Kisluk (CA, CIP, Trustee in Bankruptcy) has over 32 years professional experience,
the last 21 exclusively in the area of financial restructuring and insolvency
services.
The firm's clients range from large corporations to small businesses and self-employed
professionals.
"We retained The Communications Group because they understand how to represent
a professional services practice. Our business continues in both good and tough
economic times. Yet, every day stories appear on insolvency and bankruptcy issues
where there is a need, we believe, for objective and independent comment from
a professional in the business. We want to
be considered by the news media in that context and that's where we think TCG
will help us most," Kisluk said.
Frank Kisluk has authored two books, published by Doubleday Canada....Life After
Debt ('96 and reprinted in '99) and Dear Creditor ('99). Review copies are available
through The Communications Group Inc.
The firm also has offices in Barrie, Mississauga, North York and Oshawa, Ontario.
Visit www.debtorconsulting.com.
OKI
DATA EXPANDS COLOR PRINTER LINE WITH POWERFUL OKI® C9000 SERIES, FEATURING
HIGH-PRODUCTIVITY AND SPEED FOR TABLOID EXTRA PRINTING
Series designed to eliminate need to outsource, increasing
office productivity
MISSISSAUGA, ON - April 24, 2001
OKI Data Americas, Inc. has the OKI C9000 Series of color
digital LED printers, taking business color printing to a new level with tabloid
extra capabilities. Following on the success of the recently introduced C7000
Series of fast, high quality color output, the C9000 Series -- at a price that
makes in-house printing a cost-efficient option for offices of any size
further enhances Oki Datas claim to The Only Color for You.
Powered by the OKI Single Pass Color® engine, the OKI C9000 Series prints
full-color at an industry-leading speed of 21 pages per minute (ppm), as compared
to competitive laser products that average only 6 ppm for color. Clear, sharp
monochrome output is printed as fast as 26 ppm. Print speeds for tabloid extra
paper is an astonishing 11 ppm for color and 14 ppm for monochrome. Deadline-driven
industries, such as engineering, architecture and graphic design, now have color
printing technology that both addresses their speed requirements and accommodates
all of their paper handling needs.
The OKI C9000 Series handles all sizes of business output: paper up to tabloid
extra (12" x 18") in size, and index card stock media up to 110 lbs.
With high-capacity OKI toner cartridges, long-life image drums and a total cost
of ownership (TCO) 15% lower than its closest competitor, the OKI C9000 Series
is the most economical and versatile color printing solution for the business
buyer.
"No other color workgroup printer can match the OKI C9000 Series
combination of productivity, professional-quality graphic output and sophisticated
paper handling," said Keith Shaw, senior marketing manager, color products,
for Oki Data. "With this series of color printers, our customers increase
productivity, save money, and have a superior color printer that can grow along
with their business needs."
Specifications and Features
The OKI C9000 Series consists of four models designed to meet a variety of color
printing needs, ranging from 600 X 1200 dots-per-inch (dpi) resolution to true
1200 X 1200 dpi for sharp graphics. Built-in automatic color registration ensures
that colors are aligned with precision for the highest-quality output.
The combination of Single Pass Color technology and a powerful 64-bit PowerPC
processor (480 MHz on the C9400DXn, 400 MHz on the C9200 Series models) shortens
time to first page, almost 3 times faster than comparable laser printersi, and
overall printing time dramatically. The C9200n, C9200DXn, and C9400DXn are also
equipped with a 5 GB hard drive capable of handling larger digital files and
storing frequently used documents.
The four OKI C9000 printers are:
OKI C9200 21 ppm color, 26 ppm black and white; 600 X 1200 dpi,
128 MB memory and 400 MHz PowerPC processor. Optional two-sided printing, 5GB
hard disk drive, 10/100BaseT Ethernet® network interface card, 550 sheet
2nd and 3rd paper trays, and high-capacity feeder. (CDN) List Price: $8,999.
OKI C9200n 21 ppm color, 26 ppm black and
white; 600 X 1200 dpi, 128 MB memory, 400 MHz PowerPC processor. Standard 10/100BaseT
Ethernet card and 5GB hard disk drive. Optional two-sided printing, 550 sheet
2nd and 3rd paper trays, and high-capacity feeder. (CDN) List Price: $10,499.
OKI C9200dxn 21 ppm color, 26 ppm black
and white; 600 X 1200 dpi, 192 MB memory. Standard 10/100BaseT Ethernet card,
duplex printing and 5GB hard disk drive. Optional 550 sheet 2nd and 3rd paper
trays and high-capacity feeder. (CDN) List Price: $11,249.
vOKI C9400dxn 21 ppm color, 26 ppm black and white; 1200 X 1200 dpi;
320 MB memory, and 480 MHz PowerPC Processor. Standard 10/100BaseT Ethernet
card, duplex printing, and 5GB hard disk drive. Optional 550 sheet 2nd and 3rd
paper trays and high-capacity feeder. (CDN) List Price: $12,299.
The following consumables and accessories are available for the OKI C9000 Series:
Item Name (CDN) List Price
Cyan Toner Cartridge Kit 15,000 pg.1 $435.
Magenta Toner Cartridge Kit 15,000 pg.1 $435.
Yellow Toner Cartridge Kit 15,000 pg.1 $435.
Black Toner Cartridge Kit 15,000 pg.1 $178.50
Cyan Image Drum Kit 39,000 pg.2 $298.50
Magenta Image Drum Kit 39,000 pg.2 $298.50
Yellow Toner Drum Kit 39,000 pg.2 $298.50Ý Black
Image Drum Kit 39,000 pg.2 $262.50
Transfer Belt Kit 50,000 pg.2 $367.50
Fuser Kit 60,000 pg.2 $298.50
Duplex Unit $638.
2nd and 3rd 550-sheet Paper Tray Mechanism $743.
1650-sheet High Capacity Feeder $1,949.
5 GB Hard Disk Drive $899.
Internal Ethernet Print Server Card $1,049.
64 MB Memory Expansion DIMM $818.
128 MB Memory Expansion DIMM $1,485.
256 MB Memory Expansion DIMM $2,496.
Availability, Warranty, and Customer Support
The OKI C9000 Series line of printers, now available, come with a 5-year print
head warranty plus a one-year, on-site limited warranty in Canada and the United
States. Additionally, one- and two-year on-site Service Enhancement Programs
are available through participating dealers or direct from OKI Data. OKI Data
operates a seven-day-a-week, 24 hour a day ("7/24"), toll-free customer
service and technical support line providing a single point of contact for all
customer support. This service is available in Canada and the United States
at 1-800 OKI-DATA (1-800-654-3282). Oki Data was the first printer manufacturer
to offer "7/24" service to its customers.
The OKI C9000 Series is supported by an extensive nationwide network of OKI
Data Authorized Dealer Service Centers throughout North America. These centers
provide on-premise service at over 2,000 sites in Canada and the United States,
enabling OKI Data dealers to offer full warranty and after-warranty support
to their customers.
About OKI
OKI Data's Canadian headquarters in Mississauga, ON was established in 1986.
Headquartered in Mount Laurel, NJ, OKI Data Americas, Inc., a subsidiary of
OKI Data Corporation of Japan, is a full-line supplier of PC peripheral equipment,
including serial impact dot matrix printers; digital LED page printers, plain
paper multi-function and facsimile products; and a full line of options, accessories
and consumables. Oki Data's entire line of products is in compliance with the
EPA's Energy Star® Program. Oki Electric Industry Co., Ltd., parent company
to Oki Data Corporation, is a $6.3 billion multinational corporation with headquarters
in Tokyo and is a world leader in information processing systems, telecommunications
and electronics. For more information about Oki Data or OKI products and services,
visit the Oki Data Internet Web site: www.okidata.com.
OKI Reg. T.M. OKI Electric Industry Co., Ltd., Single Pass Color Reg. T.M. OKI
Data Corporation, Energy Star Reg. T.M. U.S. Environmental Protection Agency,
Ethernet Reg. T.M. Digital Equipment Corp.
Versus HP model 8550
1 Estimated life at 5% density for Letter-size paper.
2 Estimated life, continuous printing on Letter-size paper.
ANCHOR
LAMINA INC. TO SELL ASSETS OF EOC NORMALIEN TO MILACRON SUBSIDIARY
MISSISSAUGA, ON - April 25, 2001
Anchor Lamina Inc. today announced that it has signed a purchase
and sale agreement with Milacron to sell the majority of the assets of its subsidiary,
EOC Normalien. The business will be operated by Milacrons D-M-E subsidiary.
The sale does not include the EOC die set and steel processing operations in
Chemnitz, Germany. The closing of the transaction is subject to the necessary
regulatory approvals.
EOC, a division
of Anchor Lamina, Inc. of Mississauga, Ontario, Canada, is headquartered in
Lüdenscheid, Germany. The part of the EOC business being sold is a producer
of mold bases and components for the plastics industry and die sets for the
metal stamping industry, with manufacturing facilities in Lüdenscheid and
Mahlberg, Germany.
Milacron Inc.,
headquartered in Cincinnati, Ohio, is a world-leader in plastics and metal working
technology. D-M-E is a leading manufacturer and distributor of mold tooling,
mold components, hot runner systems and electronic controls for the plastics
industry, with locations worldwide including manufacturing facilities in North
America and Europe.
About Anchor Lamina
Anchor Lamina Inc. is a major international supplier of die sets, mold bases
and related accessories with 11 manufacturing facilities in Canada, the
United States and Europe. Visit www.anchorlamina.com.
GREAT
GULF GROUP ANNOUNCES THE SALE OF 42 NEW COTTAGE CHALETS, CONSTRUCTION OF NEW
CPGA GOLF COURSE AND 20,000- SQUARE FOOT SPA AT MUSKOKA SANDS
Plans Call for Total Proposed Development Over Seven
Years of Almost $500 Million
GRAVENHURST, ON April 25, 2001
Elly and Norman Reisman, principals of the Great Gulf Group of
Companies, today announced plans for the expansion of the 1,200-acre Muskoka
Sands Resort on the shores of Lake Muskoka, an historic vacation property north
of Gravenhurst that the company owns and manages. Included in the initial phase
of the expansion are: 42 new Cottage Chalets to be offered for sale to the public
on May 26/01 at the Resort; a 7,200-yard CPGA-certified 18-hole golf course,
to be ready for play by summer 2002; and a 20,000-square foot spa to open in
late 2003.
The next chapter in Muskoka Sands history will bring new services, new
facilities and new ownership opportunities, all offered in the same tradition
of wilderness luxury that has been the Resorts hallmark for 75 years.
Over the next seven years, the total value of all the proposed new development
will approach $500 million, including: a staged build-out of additional Cottage
Chalets, for which zoning approval has been granted; new and expanded conference
facilities; expanded waterfront capacity; and a variety of new resort amenities.
"Muskokas natural beauty has for centuries been a beacon for Canadians
longing to escape the chaos of urban life," said Garth Drabinsky, creative
marketing consultant to the Muskoka Sands project. "The new development
at Muskoka Sands will offer an unprecedented opportunity for Canadians to make
a part of Muskoka their own."
"The addition of the new golf course and spa at Muskoka Sands will place
the resort in a new echelon of North American getaway destinations," said
Elly Reisman.
New Ownership Opportunities
A series of 42 Cottage Chalets will initially be made available for sale, 18
of which have already been built, with the balance to be completed in the next
12 months.
Purchasers have a choice of luxuriously furnished three- or four-bedroom Cottage
Chalets measuring 1,600 to 1,900 square feet, plus a Muskoka Room measuring
130 square feet. Leading Toronto interior designer Brian Gluckstein has designed
the interiors.
Cottage Chalets can be acquired under the resorts unique Part Ownership
program, which offers buyers the opportunity to purchase either one-quarter
or one-fifth ownership in a unit. One-fifth ownership starts at $110,000 and
one-quarter ownership is available from $137,500. Those who prefer extended
access to a vacation home throughout the year have the option of purchasing
a multiple of one-quarter and one-fifth ownership plans.
Quarter owners can use their unit for 13 weeks each year, including their choice
of two guaranteed weeks in the "prime time" period between July 1
and August 31, and a total of eleven weeks, at one full week per stay, rotated
over the rest of the year.
One-fifth owners will enjoy 10 weeks of usage per year, at one-week intervals,
including two guaranteed weeks in the prime time summer period. Part Ownership
has built-in flexibility. Owners can trade their weeks with other owners or
for a stay at other resorts listed with Resort Clubs International. Whenever
a Cottage Chalet is not in use by the Owner, it may be registered with the Muskoka
Sands Rental Pool Program. Profits will be distributed among owners who
choose to participate in the pool. The Resorts higher than average occupancy
rate creates a steady demand for rental units, even at premium rates.
All owners will have access to the range of facilities and amenities of Muskoka
Sands, including the new CPGA championship golf course, the new 20,000-square
foot spa and the Resorts fine restaurants.
Construction is slated for other areas as well. The waterfront will see a new
harbour breakwall, expanded docking facilities and a new fleet of boats, available
for use by Full and Part Owners.
Championship CPGA Golf Course to be Named Taboo
Immediate expansion plans to the Sands include a new 7,200-yard championship-calibre18-hole
golf course, to be named Taboo and certified by the CPGA. Ron Garl, a leading
U.S. course designer whose work includes the renowned Wooden Sticks Golf Club
in Uxbridge, is the course designer. Taboo will be ready to play in summer 2002.
"Our first goal with Taboo was to design, in conjunction with the Great
Gulf Group, a world-class championship course that would lie softly on the land.
We wanted a course that would not intrude on the landscape but blend seamlessly
with the natural beauty that surrounds it," said Garl, who has designed
the worlds most challenging and memorable golf courses for over 30 years.
As evidence of his mastery of course design, the PGA Tour has chosen Garl-designed
courses, including the Palm Beach Polo & Country Club and the TPC Prestancia
in Sarasota, for eight prestigious Tour events. Golf Digest has named his Golden
Ocala course one of Americas "75 Best Public Golf Courses" and
GOLF magazine chose two of his courses for "Best Resorts for 1992"
-- Marriotts Grand Hotel in Pt. Clear, Alabama and Grenelefe Resort in
Haines City, Florida.
In 2000, he captured Scores Best New Course honour once again with Wooden
Sticks Golf Club, a magnificent course in Uxbridge, Ontario, making him two-for-two
in major awards for his courses in Canada.
A Holistic Approach to Beauty, Health & Fitness at Spa to be Named Sweetgrass
The perfect complement to Muskoka Sands unrivalled outdoor facilities
will be a world-class spa and treatment centre, to be named Sweetgrass, designed
by Mike McCaffrey of MCM International Spa Strategists Planners, Inc., designer
of both the Banff Springs Hotel Spa and the new Boca Raton Resort and Club Spa
in Florida.
When it is complete in 2003, guests will have access to the most unique spa
experience in North America one which offers a blend of the best in fitness,
wellness and treatment spas from around the world in an unparalleled wilderness
destination.
Water is central to the Sweetgrass philosophy, incorporated in water-related
treatments and a design that blends seamlessly with the dramatic lakefront vista
for which Muskoka Sands is famous.
McCaffrey has created an exclusive treatment that reflects the rich and varied
heritage of the Muskoka region to officially welcome guests to Sweetgrass in
signature style. The Muskoka Sweat Lodge is a therapy administered in a specialized
chamber where healing mud is applied and heat dried on the body, as soothing
music fills the background. Afterward, tiny water jets gently 'rain' the mud
away.
Other innovative skin care and body treatments include Facial Aromatherapy,
Aromatherapy Salt Glow, Detoxifying Body Wrap, Seaweed Wrap, Algotherapy and
Fango Therapy.
Work on the spa will also involve a major renovation of the resorts existing
lobby and the Winewood Dining Room, with new interiors designed by the leading-edge
UK firm, United Designers, whose comprehensive design service graces the exclusive
Parrot Cay resort in the Turks & Caicos Islands, the five-star Four Seasons
Hotel at Canary Wharf in London, the Clarence Hotel in the Temple Bar district
of Dublin and The Metropolitan Hotel overlooking Hyde Park in London.
Cottage Chalets will be sold by priority reservation, beginning Friday, April
27/01. More information about purchasing is available from Baker Real Estate
at (416) 920-3336 or call toll free 1-866-MUSKOKA or visit the website www.my-muskoka.com.
About the Great Gulf Group
The Great Gulf Group of Companies has grown from a respected regional homebuilder
to an international, fully integrated group of building and development companies
since it was founded in 1975. Under the Great Gulf Homes banner in Canada and
Ashton Woods Homes in the United States, the company has built thousands of
homes in dozens of communities and become renowned for design innovation, superb
craftsmanship and outstanding customer service. The company has been awarded
an Excellent rating by the Ontario New Home Warranty Program and has been the
recipient of numerous industry awards in the United States including Best Builder
in Houston. First Gulf Group, the companys commercial and industrial arm
is a full-service, vertically integrated development company engaged in conception,
construction and management of retail, office and industrial space in Canada
and major cities in the U.S.
INQUENT
NAMES JOHN BOYNTON VICE PRESIDENT, MARKETING AND BUSINESS DEVELOPMENT
TORONTO, ON - April 30, 2001
John Boynton has been named Vice President, Marketing and Business
Development, InQuent Technologies Inc., effective immediately.
Boynton will lead the Marketing and Business Development team in product planning
and implementation as well as in the development of complex hosting and e-commerce
solutions for InQuents Private Label Customers.
Prior to joining InQuent, Boynton served as Executive Vice President, eYak,
a Boston, MA emerging technology start-up company that provides enterprise converged
voice and data application software.
A Marketing professional with over 16 years experience in the consumer and telecommunications
industries, Boynton has served as Vice President, Sales & Marketing with
North American telecommunications companies Sprint Canada Inc. (Small Business
division) and AT&T Canada (Residential division). He has also held positions
at K.F.C. - Scott's Food Services (National division) as Vice President, Sales
& Marketing, and at Pepsico Food Services Inc. as National
Marketing Manager.
Boynton holds a bachelors degree in Business Administration from the University
of Western Ontario.
About InQuent Technologies Inc.
InQuent Technologies Inc. (www.InQuent.com) is a global Platform Service Provider
(PSP) of wholesale hosting platforms sold directly through a diverse network
of international Service Providers. InQuent delivers integrated and market leading
Internet and application hosting platforms to Private Labeled Customers (PLCs)
such as telecommunications providers, ISPs, cable service providers, and ISVs.
Founded in September 1997, InQuent is a privately owned corporation headquartered
in Toronto, Canada. SBC Communications Inc. of San Antonio, Texas, is a major
shareholder in InQuent Technologies Inc.
LAST
MINUTE FILING THROUGH TAXWIZ.CA FAVOURS FOOD BANKS
RICHMOND HILL, ON April 30, 2001
With less than 15 hours left to file taxes, Taxamatic Inc. of
Richmond Hill Ontario, the 100% Canadian developer of tax preparation software
for Canadians announced they will donate half of final filing day profits from
www.taxwiz.ca to local food banks throughout Canada.
"As Canadians prepare tax returns through www.taxwiz.ca
and enjoy our easy to use online tax preparation at the lowest price in the
tax software market, they will share half of the fee with the hungry in their
area," said Syd Hazan, President of Taxamatic Inc. "As the 100% Canadian
tax preparation software developer, we welcome the opportunity to support local
food banks across Canada."
Filers who prepare taxes online at www.taxwiz.ca within the 24 hours between
12:01 a.m. April 30/01 and 11:59 p.m. April 30/01 will have four dollars of
the eight dollar preparation and filing fee donated to their local member of
the Canadian Association of Food Banks by TAXWIZ tax preparation for
Canadians.
"In April, most Canadians are thinking about warmer weather, not hungry
neighbours. TAXWIZ's donation to members of the Canadian Association of Food
Banks will help ensure that limited food bank resources aren't too taxed,"
said Aynsley Morris, Acting Executive Director of the Canadian Association of
Food Banks.
TAXWIZ offers expanded technical support for last minute filers and will be
available from noon - midnight April 28 and 29th and from nine a.m. - midnight
on April 30/01 by calling (905) 707-9529 or by emailing support@taxwiz.ca (email
enquirys are returned within two hours.)
About TAXWIZ Online Tax Preparation
With no software to download, users can interactively and securely prepare and
file tax returns through the www.taxwiz.ca website. TAXWIZs NETFILE certified
online tax preparation makes completing tax returns an easy and convenient task.
The site allows users to complete one tax return for a fee of eight dollars.
Users can stop and start as many times as they wish during preparation, store
returns for up to 3 years on secure servers and get free technical support via
email, telephone or fax. Secure and private servers make it safe and easy to
NETFILE with SSL (secure socket layer) encryption, the Internet standard for
bank and credit card transactions.
RESCON
CALLS PLUMBERS STRIKE UNNESSESARY
TORONTO, ON - May 3, 2001
Negotiations between UA Local 46 (representing over 500 high
rise residential plumbers) and the Metropolitan Plumbing & Heating Contractors
Association broke off during the evening of May 1/01. Local 46 have withdrawn
their labour and called for an immediate strike.
"Its unfortunate that Local 46 chose this course of action at the
earliest possible date given there are new laws governing collective bargaining
for the residential sector and more than 10 settlements have been reached without
recourse to strike or lockout." said Richard Lyall, President of RESCON.
Recent changes to the Labour Relations Act (Construction Industry Only) now
limit the period of strikes or lockouts in the residential sector to 46 days
ending on June 15th, at which time outstanding issues are sent to binding arbitration.
"Nothing in the Act prevents parties from mutually agreeing to send matters
in dispute to arbitration prior to June 15th," added Lyall. "Strikes
or lock-outs should only be used as a method of extreme last resort and only
after all other efforts have failed."
"Strikes, in any industry, have a serious impact on productivity, employee
morale and consumer confidence," said Jason Ottey, Director of Research
& Policy, RESCON. "However, in the residential sector industry the
costs and impact of strikes are even more acute. Unlike the manufacturing and
automotive sectors where companies can accumulate huge inventories to ensure
a continuous supply of goods, in the event of labour disruption, a strike in
the residential sector could cause short term delays depending on the particular
stage of construction. The residential construction industry is also affected
by factors such as inclement weather, making the spring and summer months key
periods of production."
The new law was aimed at stabilizing collective bargaining in the residential
sector and providing a degree of certainty for new home buyers who, in 1998
were held hostage by a series of strikes which crippled the residential sector.
"The indirect costs of strikes on the housing market are enormous, added
Lyall." "Besides the loss in production, the new housing market is
competing against strong resale markets and a vibrant renovation market where
more than 50% of work is part of the underground economy and not subject to
the same degree of scrutiny as new housing construction. One of the primary
objectives of the new law was to minimize delays due to labour disruptions and
create a level playing field with the renovation market."
At the time of printing, the parties had not scheduled to resume talks.
About Rescon
RESCON acts as the voice of the residential construction community to the news
media on residential construction productivity, labour supply and training,
government policies affecting the construction industry, and construction health
& safety and WSIB issues.
TWO
MORE REAL ESTATE CLIENTS SIGN THE COMMUNICATIONS GROUP INC.
TORONTO, ON - May 10, 2001
Ottawa-based MINTO ADVISORS INC. has hired The Communications
Group Inc. to handle public and community relations activities for the MintoUrban
Communities project proposed for the site of the OHIP Building at 2195 Yonge
St., south of Eglinton Avenue in Toronto. Two slender and blue-glass towers
have been envisioned, rising at a height of 54 and 47 storeys respectively and
elegantly accommodating 1,060 suites. The real story lies inside an array of
"green strategies" designed to reduce energy consumption, decrease
harmful emissions and waste caused by normal building operations. Linking the
project's two towers will be a grand public Atrium, a circular three level court
with a glass dome ceiling and cascading fountains open year round for visual
and performing arts and community events.
And, TCG has also been retained by The Philmor Group of Toronto for BLOOR WALK,
at 100 Hayden St., a 17-storey condo currently being built on the former site
of the exclusive Carlton Club and Royal Canadian Yacht Club. Ad agency is G.
Ryan Design.
WIZNET
SELECTED BY YORKTON SECURITIES INC. TO SUPPLY FIBRE OPTIC CONNECTIVITY
TORONTO - May 10, 2001
Yorkton Securities Inc., Canada's leading technology investment bank has contracted
the fiber optic services of WIZNET, a Toronto-based Internet service provider.
Value of the contract has not been announced.
"Yorktons adoption of Wiznets Fiber Optic Services for their
mission critical business infrastructure needs ratifies the technology and acts
as an affirmation of our processes," says Wiznets Chief Technology
Officer, Jonathan Richards. "With a trend toward larger bandwidth requirements,
increasingly more businesses are recognizing fibre as a valuable choice for
connectivity".
Yorkton had been using a T-1 connection until late last year when Wiznet began
its first in a series of contracts to upgrade Yorkton's broadband capability,
giving it a 10 megabyte connection at the Toronto companys 181 Bay Street
office. Then, a second 10 megabyte connection was installed at the same site
to upgrade the offices capability to 20 megabytes. Earlier this year,
Yorkton's York Mills Road office received a two-megabyte upgrade.
As a medium-sized supplier of optical Internet services, "Wiznet, as a
flexible solutions provider, is able to work with any infrastructure locally
available, and not limited, to a particular type of wiring or equipment. Until
earlier this year, Wiznet had worked mostly with small-and medium-sized firms
offering advanced networking solutions, adds Richards.
Said Mark Welford, Yorkton Securities Director of Information Technologies,
"We needed an Internet service provider that would assure us total uptime
and give us the confidence that everything would work as it should. Wiznets
approach to monitoring the service completely and providing the level of assurance
we expect, made them a solid choice."
About WIZNET
Wiznet Inc. is a Toronto-based Managed IP Services Provider serving the SME
market in Canada. Wiznet delivers and manages high bandwidth data flows for
customers with solutions that address all aspects of IP connectivity, including
the physical layer, protocols, and applications. Wiznets core focus is
providing strategic IP network solutions for customers as they migrate from
legacy connectivity protocols and best-effort Internet to native IP networks
and the next generation business Internet. Managed Services range from basic
data services to complete network management, and include Virtual Private Networks
(VPNs), unified messaging, e-business applications, streaming multimedia and
latency-sensitive applications such as Voice Over IP and video-on-demand. For
more information visit www.wiznet.ca.About YORKTON SECURITIES INC. With offices
in Toronto, Calgary, Montréal, Halifax, Kelowna, Vancouver, Ottawa, and
Chicago, U.S.A, Yorkton Securities is Canada's leading technology investment
bank. It is the market share leader in underwriting Canadian Internet and e-business,
Technology and Healthcare companies. Yorkton is active in all aspects of the
capital markets, including private and public equity financing, equity research,
institutional sales and trading, private client services, strategic advisory,
mergers and acquisitions, and venture investing. For more information visit
www.yorkton.com.
INQUENT
NAMES JAY PARRY VICE PRESIDENT, DEVELOPMENT
TORONTO, ON - May 10, 200
Jay Parry has been named Vice President, Development, InQuent
Technologies Inc., effective immediately.
As Vice President, Development at InQuent, Parry will supervise the technical
development of hosting solutions including application hosting and managed services
for InQuents carrier and service provider customers. He will lead a team
of highly skilled technicians who manage InQuents high-end Web servers
and ensure all e-business Web sites are performing at peak efficiency.
Prior to joining InQuent, Parry served as Director, Product Management at Adexa
Inc., a leading provider of collaborative commerce solutions for e-business
enterprises.
A professional in systems architecture/design and application/product development,
Parry served as Senior Developer and later as Director of Development with Descartes
Systems Group Inc. He has also held Developer and Business Analyst positions
at Bell Sygma Telecom Solutions.
From 1994-1995, Parry served as a member of the City of Londons Mayors
Task Force for the Development of an Information Infrastructure.
Parry holds a B.Math (Honours) from the University of Waterloo, and an MSc.
in Computer Science from the University of Western Ontario.
About InQuent Technologies Inc.
InQuent Technologies Inc. (www.InQuent.com)
is a global Platform Service Provider (PSP) of wholesale hosting platforms sold
directly through a diverse network of international Service Providers. InQuent
delivers integrated and market leading Internet and application hosting platforms
to Private Label Customers (PLCs) such as telecommunications providers, ISPs,
cable service providers, and ISVs. Founded in September 1997, InQuent is a privately
owned corporation headquartered in Toronto, Canada. SBC Communications Inc.
of San Antonio, Texas, is a major shareholder in InQuent Technologies Inc.
DR.
MARK FOX A FINALIST IN SECOND-ANNUAL CANADIAN NEW MEDIA AWARDS
TORONTO, ON May 15, 2001
Dr. Mark Fox, Chairman & CEO of Novator, has been recognized
as one of Canadas new media leaders. Dr. Fox is one of five finalists
to be named in the "Lifetime Achievement" category of the 2001 Canadian
New Media Awards.
Says Dr. Fox, "This is a very important event, bringing national attention
to the companies and individuals who are helping put Canada's new media industry
on the map."
60 finalists in 12 categories were selected from over 560 nominations received
during February and March 2001. A selection committee of 121 new media professionals
from across Canada selected the finalists online.
"The caliber of this year's finalists proves that the Canadian new media
industry is alive and well," says Adam Froman, president of Delvinia Inc.,
producers of the Canadian New Media Awards. "This years finalists
represent the industrys best and brightest, and they rival the talent
of other new media industries around the world."
Detailed profiles of the finalists are listed on the Canadian New Media Awards
Web site www.cnma.ca
Winners will be announced at a Toronto ceremony, May 28/01 at 7:30 pm in the
Glenn Gould Studio.
A reception will follow in the Atrium of the Canadian Broadcasting Centre. Reception
tickets may be purchased through Ticketmaster for $25 plus service charges ($15
for students).
About Navator
Established in 1994, Novator delivers e-commerce software products and professional
services that build profitable online relationships for businesses and their
customers.
The companys operation spans two business units: 1.Commerce Services,
which has a full service capability to clients, ranging from strategy and design
through to engineering and operations. 2.Product Services Mango Moon,
which develops "intelligent" customer interaction software for the
rapidly growing web based CRM market place. Some of Novator's clients include:
FTD Inc. Sony Canada, kanetix and Mellon Bank. More info on Novator's products
and services can be found on their web site: www.novator.com
About Canadian New Media Awards
Launched in May 2000, the Canadian New Media Awards recognize and celebrate
the accomplishments of Canadian individuals and companies in a total of 12 diverse
categories. The award ceremony is designed to help promote the new media sector
and provide inspiration for those just entering the industry. The awards are
produced by Delvinia Inc. and presented in partnership with the Department of
Canadian Heritage, Telefilm Canada, MultiMediator, globeandmail.com and CBC.CA.
Gold sponsors include Mandrake, Sheridan College, the Ontario Media Development
Corporation, City of Toronto, the Canadian Cable Television Association and
MultiMediator PixelScout. The Canadian New Media Awards are being established
as a not-for-profit organization.
About Delvinia
Delvinia is an interactive brand solutions firm that helps clients grow profitably
and achieve brand leadership by using the power and potential of interactivity.
Delvinia's services include interactive research and strategic consulting, interactive
marketing communications, interactive commerce, and interactive content. Delvinia's
clients include Alliance Atlantis, CBC New Media, EMI Music Canada, Harlequin
Enterprises, J.M. Schneider, McGraw-Hill Ryerson, and Royal Bank.
DR.
ANDREW NELLESTYN NAMED CHAIRMAN OF VALU-NET BOARD
Toronto, ON - May 16, 2001
Valu-net Corporation (CDNX:VNE) today announced that
Dr. Andrew Nellestyn, PhD., P.Eng., has been named chairman of its board of
directors, effective immediately.
Dr. Nellestyn brings more than 20 years of international finance and management
experience in the telecommunications, electronics, aerospace and transportation
industries to Valu-net's board of directors. He is currently the president of
Enghouse Systems Limited (TSE:ESL), a software engineering and sales company
that develops Geographic Information Systems (GIS) solutions for telecommunications
and utility clients worldwide. The company has exceeded revenue and income projections
under Dr. Nellestyn's leadership. Over the past year, he has closed a $24 million
multi-year maintenance contract, secured $18 million in GIS license sales and
participated in a $10 million private placement for Enghouse.
"Andrew's participation in this new role is pivotal as Valu-net continues
to assess and pursue new lines of business and growth opportunities," said
Nick Cirella, CEO of Valu-net Corporation. "As a member of the board, he
has significantly enhanced existing industry knowledge and networks. As chairman,
his vision, discipline and leadership will help guide Valu-net as it moves forward."
Throughout his distinguished career, Dr. Nellestyn has held a number of senior
executive positions with several well-known, profitable technology firms, including
Andel Inc., AECL Candu and Bull HN. As executive vice-president and chief financial
officer of Corel Corporation, he was an integral member of the development team
that led the company to its initial public offering. Dr. Nellestyn has been
a member of Valu-net's board of directors since April 2001.
The appointment is subject to the approval of the Canadian Venture Exchange.
About Valu-net
Founded in 1995, Valu-net Corporation provides customers with a wide range of
technology, both hardware and software, to better enable the establishment of
e-businesses. Valu-net provides key business functionality and defined solutions,
such as secure credit card transaction processing, as well as the development
of custom e-business solutions for corporations seeking to serve their customers
better and more cost effectively using an Internet business model. Valu-net
is in the process of completing the acquisition of Encore Asset Services Inc.,
a private company that has become a valued service partner to some of the world's
leading leasing companies and computer manufacturers. Encore offers timely,
accurate and cost-effective tracking, maintenance and management of entire high
tech inventories. Learn more about Encore at http://www.easi2000.com or visit
Valu-net at http://www.vncorp.com.The Canadian Venture Exchange has not reviewed
and does not accept responsibility for the adequacy or accuracy of this release.
INQUENT
SIGNS PRIVATE LABEL HOSTING AGREEMENT WITH COX BUSINESS SERVICES
TORONTO, ON - May 22, 2001
InQuent Technologies Inc., a leading worldwide wholesale provider
of Internet and application hosting services to a growing number of large carrier
and service provider customers, has signed an agreement to provide private label
hosting services to Cox Business Services, a division of Atlanta-based Cox Communications
Inc. Cox Communications is one of North Americas largest broadband communications
companies. Value of the contract has not been disclosed.
InQuent will provide Cox Business Services with a full suite of hosting services
ranging from shared, e-commerce and application hosting solutions to product
research and development. Hosting services will be deployed from InQuents
state-of-the-art Internet Data Centers. All products and services will be branded
under the Cox Business Services name.
"We are thrilled that a broadband provider of Cox's stature has chosen
to partner with InQuent. Cox Business Services trusts InQuent to run their hosting
business and recognizes our extensive experience and single focus in serving
the carrier and service provider markets," says Ken F. Wilson, InQuent's
President and Chief Executive Officer.
"InQuents scalable and reliable hosting platform coupled with our
superior broadband networks enables us to deliver leading-edge hosting services
to a wider customer base," says Chuck McElroy, Vice President and General
Manager, Cox Business Services. "InQuent understands the specific needs
of a carrier and is experienced in integrating our hosting needs into their
existing infrastructures."
About InQuent Technologies Inc.
InQuent Technologies Inc. (www.InQuent.com)
is a global Platform Service Provider (PSP) of wholesale hosting platforms sold
directly to a diverse network of international Service Providers. InQuent delivers
integrated and market leading Internet and application hosting platforms to
Private Label Customers (PLCs) such as telecommunications providers, ISPs, cable
service providers, and ISVs. Founded in September 1997, InQuent is a privately
owned corporation headquartered in Toronto, Canada. SBC Communications Inc.
of San Antonio, Texas, is a major shareholder in InQuent Technologies Inc.
About Cox Business
Services
Cox Business Services is a division of Atlanta-based Cox Communications, Inc.,
and the nation's fifth largest cable broadband communications company. A full-service,
facilities-based provider of telecommunications solutions, Cox Business Services
serves home offices; small, medium and large-sized businesses; school districts;
and hospitality, government and military properties in cities across the nation.
Cox offers high-speed Internet services; switched voice services and long-distance;
and dedicated voice, data and video transport services. More information about
Cox can be accessed on the Internet at www.cox.com <http://www.cox.com>.
Bowmore
adds EllisDon and Zeidler Roberts to Ritz-Carlton Toronto Development Team
EllisDon Awarded the $200-Million Hotel Construction
Contract
TORONTO, ON - May 23, 2001
Toronto-based
The Bowmore Group of Companies Inc. and Atlanta-based The Ritz-Carlton Hotel
Company, developers of the Ritz-Carlton, Toronto, today announced that EllisDon
Corporation and Zeidler Roberts Partnership/Architects, both of Toronto, would
be associated with the project.
EllisDon Corporation has been awarded a $200 million contract to build the luxury
hotel/condominium residences, the Bowmore Group of Companies Inc. and The Ritz-Carlton
Hotel Company also announced.
The $300-million, 62-storey development, to stand on the southeast corner of
Bay and Adelaide Streets, will be the first Ritz-Carlton hotel/residence in
Canada and is the first five star hotel to be built in the Greater Toronto Area.
At a height of 800 feet, it will also be the tallest residential building in
Canada. The building contract is expected to generate 1,430 construction jobs
in the city. Work is scheduled to begin in the spring of 2002, with completion
of the 640,000-square-foot project slated for 2004. The property is expected
to generate an estimated $2.1 million in annual realty taxes for the city.
"EllisDon
has built some of the most sophisticated structures in recent history. With
projects such as the Toronto SkyDome and Atlantas Olympic Village to its
credit, we recognized that this company would be a valuable addition to our
project team," says Sheldon Salcman, President of The Bowmore Group of
Companies Inc., a real estate investment development firm.
President Geoff Smith says "EllisDon is pleased to be part of such a prestigious
project. Managing a large-scale project in such a dense area is an exciting
opportunity for us. Given the buildings five-star luxury interior and
elegant exterior, its sure to be one of the citys most prominent
landmarks."
Internationally-renowned Zeidler Roberts Partnership/Architects has been retained
as the projects design architects joining the projects architect
of record Kirkor Architects.
Sheldon Salcman, President of The Bowmore Group of Companies Inc. expresses
enthusiasm for the design teams new addition, saying: "Were
confident Zeidler Roberts Partnership/Architects and Kirkor Architects will
take Torontos Ritz-Carlton hotel/condominium project to the heights of
design excellence and through to its final stages of realization."
Eberhard Zeidler adds, "The opportunity to help design The Ritz-Carlton
demands a lasting addition to the Toronto skyline and a lively interaction with
the street scene. Both must be achieved by integration into the existing streetscape
and the creation of an architectural landmark at this important corner."
Inside, luxury abounds as the first nine floors feature the lobby, meeting rooms,
a ballroom and gourmet restaurants. The 228 guestrooms and suites will occupy
floors ten through 22. Floors 23 to 29 will hold corporate suites and on 30
and 31 there will be a two-level, luxury spa and fitness centre. The residences
and penthouse suites will occupy the remaining floors (33 to 62). The top two
floors will feature a single 11,000-square-foot duplex penthouse available for
a purchase price of $18 million. Hotel staff will service the five-star hotel
accommodation and luxury private residences. Sales of the condominium residences
in The Ritz-Carlton, Toronto, will be handled by Baker Real Estate Corporation
at (416) 923-4621.
About the Bowmore Group of Companies inc.
Founded over 20 years ago, The Bowmore Group of Companies Inc. is a respected
real estate investment firm known for building landmark commercial and residential
projects in major city centres. Besides a U.S. portfolio that boasts such New
York City landmarks as the former headquarters of the Bank of America and the
headquarters of Morgan Guarantee, Bowmore is a co-developer of Torontos
most successful condominium project, NY Towers at Bayview and Sheppard Avenues.
About Ellisdon Corporation
EllisDon Corporation is an internationally recognized leader in project
management and construction management. This capability is enhanced through
its own EDgeBuilder system, an Internet-based, real time, project management
tool that provides a transparent picture of the entire project for all to see.
EllisDons portfolio of completed projects spans the globe and includes
such landmarks as Torontos SkyDome, the Olympic Village in Atlanta, Canary
Wharf in London, exclusive hotels in the Caribbean and commercial and institutional
buildings in the Middle East, Malaysia, Europe, Mexico and the United States.
EllisDon was founded in 1951 by Donald J. Smith and his brother, David Ellis
Smith. EllisDon quickly gained a reputation for its ability to guarantee prices,
completion dates and performance. This strength has helped the firm emerge as
one of Canadas construction industry leaders.
In 1996, the company was purchased by Don Smiths son Geoffrey and his
six siblings, who currently share ownership with senior EllisDon employees.
Celebrating its 50th anniversary in 2001, the company now completes nearly $1
billion in new construction each year and is concentrating on offering more
sophisticated services in Project Management and Construction Management to
its broad base of commercial, industrial, institutional and civil clients.
About Zeidler Roberts Partnership/Architects (ZRPA)
Zeidler Roberts Partnership / Architects (ZRPA) is one of North America's leading
architectural firms, internationally-renowned for excellence in architecture,
interior design and urban planning. Known for designing buildings that are innovative
and successful, the firm has extensive experience in a wide variety of project
types, including healthcare, cultural, office, retail, residential, hotel, recreational,
and institutional architecture.
ZRPA developed from a practice that had its beginnings in Peterborough, ON in
1880. Its headquarters has been in Toronto since 1954. The firm has international
offices in Berlin (Germany), London (England) and West Palm Beach (Florida).
The Partnerships design excellence has been recognized with over 100 national
and international awards including five prestigious Governor General of Canada
Medals for Architecture and four Massey Medals for Architecture.
Architect of some of Torontos best-known gathering places, including Ontario
Place, the Eaton Centre, Queens Quay Terminal, the Atrium at Sick Childrens
Hospital and the University of Torontos Joseph L. Rotman School of Management,
the opportunity to help design Torontos Ritz-Carlton represents a welcome
return to downtown Toronto for Eberhard Zeidler and his firm.
The firm has worked extensively throughout the world and is credited with the
design of such landmarks as BNI City in Jakarta, Cinedom at MediaPark in Cologne,
Germany, The Kravis Center for the Performing Arts in West Palm Beach, Florida,
and, currently under construction, Torre Mayor in Mexico City.
WINTER
RESIGNS FROM C-COM SATELLITES BOARD
OTTAWA, ON - MAY 24, 2001
C-COM Satellite Systems Inc. (CDNX:CMI) of Ottawa
has announced the resignation of Alan E. Winter from its Board of Directors
effective immediately.
Citing telecommuting between Ottawa and his Vancouver home as the primary reason
for the resignation, Winter thanked C-COM for the confidence they had placed
in him over the first year of development of the Company.
"I believe that broadband Internet access by satellite to targeted vertical
markets is an excellent choice of business area by C-COM," said Winter
in a letter to C-COMs Chairman of the Board, Tim McCunn.
A replacement for Winters seat on the Board has not been announced.
About C-COM Satellite Systems Inc.
C-COM Satellite Systems Inc. is a leader in development of satellite based technology
that allows the delivery of high-speed Internet services to fixed and mobile
users. C-COMs iNetVu systems, FMS Antenna, Roamer and TurboCell products
deliver high quality, cost effective, satellite and cellular based solutions
for fixed, mobile or transportable applications throughout Canada, the United
States and Caribbean.
MUSKOKA-LOVERS
INVEST $8 MILLION IN NEW COTTAGE CHALETS AT MUSKOKA SANDS RESORT
GRAVENHURST, ON May 29, 2001
Five weeks after Toronto-based Great Gulf Homes announced plans
for the expansion of the 1,200-acre Muskoka Sands Resort, including plans to
offer Cottage Chalets for sale, over 70 per cent of the vacation homes released
in the first phase were sold during the opening sales weekend.
This last weekend, more than 300 people toured the Resort and luxuriously furnished
Cottage Chalets. Over 50 per cent of the first visitors purchased a new Cottage
Chalet, generating a total $8 million in real estate deals over a two-day period.
"Purchasers responded to the natural beauty of the Resort, its range of
built-in facilities and amenities, and all the benefits that partial ownership
has to offer," said Garth Drabinsky, creative marketing consultant to the
Muskoka Sands project. "Many buyers see that it makes economic sense to
buy only a piece of the vacation property and avoid the hassle and
expense of furnishing and year-round maintenance," he added.
All owners will have access to the new 7,200-yard CPGA-certified 18-hole golf
course Taboo, the 20,000-square foot spa called SweetGrass, and the fine restaurants
at the Resort.
Cottage Chalets can be acquired under the resorts unique Part Ownership
program, which offers buyers the opportunity to purchase either one-quarter
or one-fifth deeded ownership in a unit. One-fifth ownership starts at $110,000
and one-quarter ownership is available from $137,500. Those who prefer extended
access to a vacation home throughout the year have the option of purchasing
a multiple of one-quarter and one-fifth ownership plans. Part Ownership has
built-in flexibility. Owners can trade their weeks with other owners or for
a stay at other resorts listed with Resort Clubs International or place them
in a rental pool.
One-quarter and one-fifth ownership shares were purchased equally and a few
full
ownership units were also sold. The majority of buyers live in the Greater Toronto
Area.
The next opportunity to purchase a Cottage Chalet is on Saturday, June 23/01
by prior registration. A new selection will be available of three-or four-bedroom
units measuring 1,600 to 1,900 square feet, plus a Muskoka Room measuring 130
square feet. Leading Toronto interior designer Brian Gluckstein designed the
interiors.
More information about purchasing is available from Baker Real Estate at (416)
920-3336 or call toll free 1-866-MUSKOKA. One can also visit the website at
www.my-muskoka.com.
About the Great Gulf Group
The Great Gulf Group of Companies has grown from a respected regional homebuilder
to an international, fully integrated group of building and development companies
since it was founded in 1975. Under the Great Gulf Homes banner in Canada and
Ashton Woods Homes in the United States, the company has built thousands of
homes in dozens of communities and become renowned for design innovation, superb
craftsmanship and outstanding customer service. The company has been awarded
an Excellent rating by the Ontario New Home Warranty Program and has been the
recipient of numerous industry awards in the United States including Best Builder
in Houston. First Gulf Group, the companys commercial and industrial arm
is a full-service, vertically integrated development company engaged in conception,
construction and management of retail, office and industrial space in Canada
and major cities in the U.S.
ANCHOR
LAMINA INC. COMPLETES SALE OF EOC NORMALIEN
MISSISSAUGA, ON - May 31, 2001
Anchor Lamina Inc. today announced the sale to Milacron Inc.
of most assets of its German subsidiary EOC Normalien GmbH & Co. KG has
been completed. The signing of a definitive purchase and sale agreement between
the parties was announced April 25. Anchor Lamina will use the proceeds of the
sale to pay down bank debt.
EOC, a division of Anchor Lamina Inc. of Mississauga, Ontario, Canada, is headquartered
in Ludenscheid, Germany. The part of the EOC business being sold is a producer
of mold bases and components for the plastics industry and die sets for the
metal stamping industry, with manufacturing facilities in Ludenscheid and Mahlberg,
Germany. The business will be operated by Milacrons D-M-E subsidiary.
The sale does not include the EOC die set and steel processing operations in
Chemnitz, Germany.
Milacron Inc., headquartered in Cincinnati, Ohio, is a world leader in plastics
and metal working technology. D-M-E is a leading manufacturer and distributor
of mold tooling, mold components, hot runner systems and electronic controls
for the plastics industry, with locations worldwide including manufacturing
facilities in North America and Europe.
About Anchor Lamina
Anchor Lamina Inc. is a major international supplier of die sets and related
accessories with 9 manufacturing facilities in Canada, the United States and
Europe. Visit us at www.anchorlamina.com.
VALU-NET
ANNOUNCES RECORD RESULTS FOR THE COMPANY FOR Q2 2001
Aggressive Business Practices Result in First Quarterly
Profit in Company History
Toronto, ON - May 31, 2001
Valu-net Corporation (CDNX:VNE) today announced record financial
results for the company for the second quarter ended March 31, 2001. Valu-net
reported its first profitable quarter ever, with consolidated income of $202,137,
as compared to a loss of $533,399 for the same period of 2000.
The company reported consolidated income of $202,137, as compared to a loss
of $533,399 from the same period for the previous year. Valu-net has also eliminated
year-to-date losses. Despite a decrease in revenue from product sales, the gross
margin on product sales for this quarter was 10.46 percent, significantly higher
than the 4.77 percent recorded for the same quarter last year. Valu-nets
profitability is attributed to a greater focus on high margin product sales
and the strong performance of its asset management business. As Valu-nets
most profitable division, Encore/CDD continued to make impressive strides in
acquiring new customers and extending its solid client base.
"I am pleased with the results of our second quarter," said Nick Cirella,
chief executive officer of Valu-net. "We have made some dramatic decisions
over the past twelve months to re-focus Valu-net towards an aggressive profit-driven
business model. As we continue to focus on our core business, we are exploring
a number of exciting business opportunities in asset management, monitoring
and tracking in other industry sectors. This quarters impressive results
clearly demonstrate that we are well on our way to accomplishing our mission
and have positioned the company for growth."
"Valu-nets profitability at a time when many companies in the industry
are retracting projections shows the sound business model and the dedication
of its executive management and board of directors to add shareholder value,"
said Dr. Andrew Nellestyn, chairman of the board of directors of Valu-net. "The
company has successfully turned its direction and is firmly moving forward.
We anticipate that this quarters performance will be the benchmark for
the future."
Recent Highlights
Posted first profit in company history in Q2 2001
Acquired Encore Asset Services Inc.
Nick Cirella appointed chief executive officer
Dr. Andrew Nellestyn appointed chairman of the
board
Keith Pitts promoted to executive vice-president
of Valu-net
Successfully re-positioned Valu-net
About Valu-net
Founded in 1995, Valu-net Corporation provides customers with a wide range of
technology, both hardware and software, to better enable the establishment of
e-businesses. Valu-net provides key business functionality and defined solutions,
such as secure credit card transaction processing, as well as the development
of custom e-business solutions for corporations seeking to serve their customers
better and more cost effectively using an Internet business model. Valu-net
recently acquired Encore Asset Services Inc., a private company that has established
itself as a valued service partner to some of the world's leading leasing companies
and computer manufacturers. Encore offers timely, accurate and cost-effective
tracking, monitoring, maintenance and management of entire high tech inventories
and other assets. Learn more about Encore at http://www.easi2000.com
or visit Valu-net at http://www.vncorp.com.
The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
NOVATOR
RANKS 14TH IN PROFIT MAGAZINE TOP 100
TORONTO, ON - JUNE 1, 2001
Novator, a full-service strategic, creative technology company
helping build profitable customer relationships online, has been ranked 14th
in PROFIT Magazine's just released Top 100 Survey.
Appearing as one of only three e-commerce businesses, Novator "continues
to turn a profit for ourselves and our lead client FTD," said Nathan Rapoport,
Vice President, Business Development.
Says Paul Pleva, Manager of Publications, FTD Inc., "Over 13,000 FTD florists
now have their own e-commerce enabled web-site developed by Novator
theyre
happier and are generating higher-margin sales
and can sell their own custom
creations as well as FTD branded products"
Since 1993, Toronto-based Novator has created proprietary software that, "when
applied in a custom-designed solution, leads to the kind of interactivity and
commerce that works on-line," said Rapoport.
While the Novator Web Site Server focuses on a technology outsourcing model
for franchises and associations, the Novator e-Commerce Server is a technology
outsourcing model for e-commerce solutions at the corporate level.
"For example, kanetix.com, one of the largest insurance marketplaces in
Canada, leveraged Novators model to have their site up in 60 days and
has since expanded to include life, property, and travel insurance quoting capabilities.
Our solution also enabled kanetix to create and operate 12 co-branded sites
marketplaces," added Rapoport.
"But what really distinguishes us is the way we scale with our clients
to provide a customized financial scenario that enables the right degree of
start-up consulting, technology, and services, and a responsive, metrics based
relationship for the duration. Novators progressive model for partnering
with clients has given it a level of integrity that has kept it in good standing
with clients. Its not quite no money down, but its a big improvement
over the meter running at our competitors" says Mark Fox, Novators
CEO.
About Novator
Established in 1994, Novator delivers e-commerce software products and professional
services that build profitable online relationships for businesses and their
customers.
The companys operation spans two business units: 1.Commerce Services,
which has a full service capability to clients, ranging from strategy and design
through to engineering and operations. 2.Product Services Mango Moon,
which develops "intelligent" customer interaction software for the
rapidly growing web based CRM market place. Some of Novator's clients include:
FTD Inc. Sony Canada, kanetix and Mellon Bank. More info on Novator's products
and services can be found on their web site: www.novator.com
WORLDCOM
INTRODUCES INDUSTRYS MOST COMPREHENSIVE MANAGED WEB HOSTING PACKAGES IN
CANADA
Array of 18 new WorldCom Hosting Solutions enable any
business to expedite go-to-market e-business plans
TORONTO, ON - June 4, 2001
WorldCom (Nasdaq: WCOM), the leading global business data and
Internet communications provider, today announced the introduction of the industrys
most comprehensive set of managed Web hosting solutions in Canada. Available
immediately, WorldCom-Canada is offering 18 different packaged hosting solutions
designed to meet every companys need for high-performance global Web hosting
services. The offerings bring together all the essentials of hosted e-business
solutions hosting, security, reporting, administration, monitoring and
back-up and advanced services that allow virtually any business to implement
or improve its e-business strategy in as few as 10 to 15 days.
"WorldCom is demystifying what was a time-consuming and complex purchasing
process," said Ron McMurtrie, vice president of E-Services for WorldCom.
"In the past, it was hard for customers to compare services between providers
and understand exactly what they were getting. WorldComs packaged hosting
solutions simplify that process, allowing companies to expedite their e-business
strategies, regardless of scale, with unmatched efficiency, security and reliability."
Managed hosting has traditionally been limited to technically challenging custom-built
solutions which can lead to a costly and lengthy sales and go-to-market process
of four to six months. With these new packages, WorldCom is able to reduce the
time, cost, technical issues and sales cycles associated with deploying a managed
hosting solution to jumpstart a customers e-business plans.
By combining the most popular and commonly used Web hosting platforms and applications
with industry-leading Service Level Agreement (SLA) guarantees and connectivity
to its award-winning global IP network, WorldCom can quickly and effectively
address the reliability, Web hosting performance, scalability and security needs
of global businesses of all sizes. WorldComs newest offerings are now
available in markets across the United States and Canada and will be globally
deployed in Europe and Asia Pacific in 2001.
"When it comes to Web sites and Web-based applications, customers expect
uncompromising availability 24-by-7," said Tal Bevan, president of WorldCom
Canada. "Businesses can meet those expectations with WorldComs managed
Web hosting solutions ensuring optimal Web site performance for mission-critical
applications and high levels of site availability with access to the most reliable
and extensive global IP network in the world."
According to a recent global Web hosting survey done by analyst and consulting
company, Ovum, the global managed hosting market will increase in value from
$4.7 billion in 2001 to just over $27 billion in 2006, thus accounting for 56
percent of the Web hosting market.
"Pre-packaged offerings are part of the next evolution of the Web hosting
market," said Courtney Quinn, senior analyst, The Yankee Group. "With
its new portfolio of fully managed, productized Web hosting solutions that run
over the companys high performance global IP network, WorldCom is positioning
itself to be a leader in the market and to take advantage of the growing demand
for these types of services."
Meeting the Hosting Needs of E-businesses
Leveraging the companys alliance with managed hosting services leader
Digex and WorldComs unrivaled global IP network, these newest offerings
address six distinct levels of customer hosting needs from a basic Web
site to a high-end, high availability e-commerce site. Now WorldCom customers
across North America have access to ready-to-use hosted e-business solutions
whatever their needs, whether its a simple Web site that provides general
company information, or a site that offers online shopping functionality with
personalized frequent shopper accounts.
The six hosting packages are available today on three platforms, Microsoft Windows
NT, Windows 2000 and Solaris. Each of the six levels of hosting packages contain
hardware, software, Internet connectivity, support and industry-leading SLAs.
As an essential part of the hosting solutions, technical service and support
ranges from 24 x 7 help desk support to a full, dedicated support team with
a single point of contact.
The pre-packaged fully managed WorldCom Hosting Services include: Single Server,
Basic Commerce Site, Intermediate Commerce Site, Intermediate Application Site,
High Availability Commerce Site, and High Availability Application Site.
Single Server PackageIdeal for basic Web sites while enabling
customers to load any applications of their choice. Includes dedicated Web server
with database capabilities backed by a 10-day install guarantee.
Basic Commerce Site PackageGreat
for launching an e-commerce site, this package provides all a business needs
to get a commerce site up and running quickly and securely. Provides separate
function-specific servers backed by a 10-day install guarantee.
Intermediate Commerce Site Package
Ideal for business-critical e-commerce sites that require enhanced performance,
reliability and enhanced security, this solution includes two load balanced
Web servers, a dedicated database server and failover firewall, supported by
a 15-day turnaround.
Intermediate Application Site PackageFor
businesses that need increased redundancy and higher-performance, this package
includes function-specific servers and strong security. This package also offers
a dedicated server for customer applications and fully redundant Web and firewall
servers, supported by a 15-day install guarantee.
High Availability Commerce Site PackageTargeted
to businesses that require an industrial-strength e-commerce solution, this
package provides a high-availability, redundant solution that includes several
function-specific servers, supported by a 15-day install guarantee.
High Availability Application Site PackageTargeted
to businesses that require an e-business solution with maximum redundancy and
performance, this package is WorldComs highest-availability, highest redundancy
solution that includes numerous function-specific and application servers, supported
by a 15-day install guarantee.
WorldComs Suite of Hosting Services and Products for generation D
With Web Server Colocation, Shared Hosting, Managed Hosting and Custom Hosting
services, the WorldCom Web hosting solutions portfolio spans the full continuum
of customer needs anchored by the largest and most reliable global IP
network in the industry and unparalleled IP expertise gleaned from WorldComs
heritage as a pioneering force in the development and growth of the Internet.
For businesses that prefer to manage their own servers, but require a robust
infrastructure and 24 x 7 infrastructure management and monitoring, WorldCom
Web Server Colocation services meet that need. For small and medium-sized businesses
with basic Web site needs, WorldCom offers Shared Hosting Services that offer
reliable, high performance solutions at a very moderate cost. For Web-centric
businesses requiring the most advanced hosting solutions, WorldCom offers Custom
Hosting Services that provide custom designed and engineered Web sites to meet
very specific e-business technical requirements.
WorldComs suite of global Web hosting products run over the company's
award-winning global IP network and through its world-class data centers located
throughout the North America, Europe and Asia Pacific.
As the premier, single-source provider of network-based e-business services,
WorldCom offers a wide array of easily implemented solutions for the new generation
of technology savvy digital enterprises, generation d. In addition to Web hosting,
Internet and network colocation services, these include IP networking and communications
services, dedicated broadband and dial-up Internet access solutions, and value-added
services such as managed security solutions as well as legacy Private Line,
Frame Relay and ATM data networking services. Each can be integrated with WorldComs
Hosting Services to provide companies with complete e-business solutions.
The complete suite of WorldCom IP networking services includes: Remote Access
Edition, a fully managed remote access IP VPN solution; Total Access Edition,
a fully managed IP VPN solution with both site-to-site and remote access options;
and Private IP Service, a network-based IP service enabling businesses to utilize
ATM and Frame Relay connections to build private IP-based extranets and shared
intranets. All WorldCom managed IP VPN services are standards-based, with 24x7
centralized monitoring and management through our dedicated global VPN Network
Operations
About WorldCom
WorldCom (NASDAQ: WCOM) is a preeminent global communications company for the
digital generation, generation d, operating in more than 65 countries with 2000
revenues of approximately $40 billion. WorldCom provides the innovative technologies
and services that are the foundation for business in the 21st century. For more
information, go to http://www.worldcom.com.
CANADAS
VERTICALSCOPE LAUNCHES UKS LARGEST WEB HOSTING RESOURCE SITE, ACQUIRES
COMPETITOR
TORONTO, ON - June 4, 2001
TopHosts.com, a VerticalScope Inc. company and the
worlds largest independent web hosting resource site, has expanded into
the United Kingdom with UK.TopHosts.com. As part of its growth initiatives,
VerticalScope has acquired uk-hosting.org.uk, a popular hosting resource site
in the UK market.
Building on the success of TopHosts.com, "which has successfully served
the North American hosting industry and hundreds of thousands of monthly visitors
since 1997, VerticalScope will direct qualified traffic to the UK hosting marketplace
with UK.TopHosts.com, the premier provider of Web hosting information in Britain,"
said VerticalScope Inc. President Rob Laidlaw.
"There are special challenges which face the UK hosting industry. The marketing
of hosting options retains a large North American focus, which forces many UK
businesses to agree to an overseas hosting solution because they are unaware
of other options closer to home", added Laidlaw.
Hosting in the United Kingdom has traditionally been provided by access-based
ISPs as an adjunct to their core business, but over the last year, network-focused
companies are placing more emphasis on Web-level and application level services.
Since its UK launch, thousands of Web developers and small business owners have
visited the site to search the host database, review the monthly Top 15 ranked
hosts, and access the extensive Webmaster resources which can guide a UK business
from inception to hosting. The Host Expert feature allows visitors to ask questions
directly to TopHosts' online hosting expert. UK.TopHosts.com connects UK web
hosts to thousands of potential customers. Company showcases give the leading
Web hosts the opportunity to present their latest products and packages, while
product and service reviews track the newest developments in Internet technology.
The UK market is one of the fastest growing for Web Hosting and represents the
largest market share (30 per cent) of the hosting market in Western Europe,
valued at $907 million in 2000. IDC forecasts that the European web hosting
market will increase rapidly in value to over $5 billion by 2004.
"Our goal is to educate UK corporate decision makers," said Laidlaw.
"UK. TopHosts.com is a truly unique resource, which can guide novice and
expert Web developers through every aspect of finding a suitable UK host for
their enterprise."
About UK.TopHosts.com
UK.TopHosts.Com is the Internet authority on UK Web hosting. As the longest
running Web host directory, UK.TopHosts.com combines years of experience and
proprietary technology to give Web developers, Webmasters, and e-commerce businesses
the most comprehensive and up-to-date information and tools available. As part
of an aggressive spring launch strategy, UK.TopHosts.com is advertising in ".Net
Magazine", "Internet Works" and "Internet Magazine,"
in addition to having acquired leading competitor UK-Hosting.Org.uk. Visit www.UK.TopHosts.com.
About UK-Hosting.org.uk
Uk-Hosting.org.uk is a popular Web hosting resource site for the UK hosting
marketplace. Founded in 1999 by Peter Simons, the site serves thousands of webmasters
and small businesses on a daily basis providing them with independent and timely
information on selecting a Web host which best suits their business. The site
has been given kudos in numerous publications including the May 2001 issue of
Internet Works.
About VerticalScope Inc.
Toronto-based VerticalScope Inc. is a world leader in creating resources for
the SME market. Boasting an array of resource portals, each one dedicated to
a specific industry niche, VerticalScope Inc., tracks and covers current market
developments with incisive, digestible content. Its powerful proprietary tools
bring companies together, and allow hundreds of thousands of visitors to locate
their ideal business partners. VerticalScope Inc. is the only source businesses
need for reliable timely industry information. Completely independent, VerticalScope
Inc. has built a reputation for reliable and unbiased content. Visit www.verticalscope.com.
OKI
CANADA OFFERS LEAFS LATEST FAX TO SPEED TRADES
MISSISSAUGA, ON - June 4, 2001
To facilitate future speedy player trade transactions,
OKIdata, a global manufacturer of facsimile machines and computer printers,
is offering the Toronto Maple Leafs one of its latest fax products.
"We were disappointed to see the Leafs miss making a solid trade with the
Boston Bruins, so, we would be delighted to install one of our faxes, which
is reliable and dependable," said OKI's Canadian general manager Gus Piccin.
"All they have to do is call me @ 905-238-4251 and we'll make it happen,"
added Piccin.
About OKI
OKI Data's Canadian headquarters in Mississauga, ON was established in 1986.
Headquartered in Mount Laurel, NJ, OKI Data Americas, Inc., a subsidiary of
OKI Data Corporation of Japan, is a full-line supplier of PC peripheral equipment,
including serial impact dot matrix printers; digital LED page printers, plain
paper multi-function and facsimile products; and a full line of options, accessories
and consumables. OKI Data's entire line of products is in compliance with the
EPA's Energy Star® Program. OKI Electric Industry Co., Ltd., parent company
to OKI Data Corporation, is a $6.3 billion multinational corporation with headquarters
in Tokyo and is a world leader in information processing systems, telecommunications
and electronics. For more information about OKI Data or OKI products and services,
visit the Oki Data Internet Web site: www.okidata.com.
OKI Reg. T.M. Oki Electric Industry Co., Ltd., Single Pass Color Reg. T.M. Oki
Data Corporation, Energy Star Reg. T.M. U.S. Environmental Protection Agency,
Ethernet Reg. T.M. Digital Equipment Corp.
HARROWSTON
INC. AND ANCHOR LAMINA INC. ANNOUNCE NEW ANCHOR LAMINA CEO
MISSISSAUGA, ON - June 5, 2001
Harrowston Inc. and its subsidiary Anchor Lamina Inc. announced
that Harold Lenfesty, Chief Executive Officer of Anchor Lamina Inc. has decided
to leave the Company to pursue other interests.
Roy Verstraete
has joined Anchor Lamina as the new Chief Executive Officer effective June 4,
2001. He previously served as President of Velcro Canada Corporation and as
Group Vice President; the Americas with Velcro Group Corporation. Verstraete
brings a broad background of international manufacturing and sales experiences
in Canada, the USA, Europe and South America.
During his tenure as Chief Executive Officer, Harold Lenfesty spearheaded a
number of significant initiatives which included strengthening manufacturing
processes, strategic planning capabilities and employee relations.
About Anchor Lamina Inc.
Anchor Lamina Inc. is a major international supplier of die sets and related
accessories with nine manufacturing facilities in Canada, the United States
and Europe. Visit us at www.anchorlamina.com.
About Harrowston
Harrowstons (www.harrowston.ca)
other operating businesses include Marsulex Inc., a global provider of technology-based
environmental compliance solutions; Conexus Media Inc., a North American media
company that owns a 50% interest in Key Media Ltd. and MLL Telecom Ltd., an
established U.K.-based telecommunications company.
OKI
DATA INTRODUCES THE POWERFUL OKIFAX® 5950 DIGITAL LED FACSIMILE SYSTEM DESIGNED
TO ACCOMMODATE MEDIUM TO LARGE BUSINESSES
Advanced Features, Variety of Upgrade Options Ideal
for Financial Institutions, Insurance and Mortgage Companies
MISSISSAUGA, ON - June 6, 2001
OKI Data Americas, Inc., recently introduced the OKIFAX 5950
plain paper facsimile, a full-featured fax for today's high-volume offices that
demand powerful and reliable faxing to manage increased workloads and changing
business needs.
The OKIFAX 5950 comes standard with a 33.6 Kbps modem with JBIG compression,
providing accelerated page transmission times-a fast 2.5-seconds per page-for
increased business productivity and a reduction in telephone connection charges.
The unit also boasts a 1.5-second scan speed and dual access (ability to perform
two-functions simultaneously) allowing users to spend more time on important
tasks, and less time waiting for documents to be sent.
Suggested retail price is (CDN) $5,069.00
While other faxes scan at 200 dpi to 400 dpi, the 5950 scans, transmits, and
receives documents at a crisp 600 dpi by utilizing the OKI® HRS 600 High
Resolution Scan feature.
Up to 1,000 pages can be stored by the OKIFAX 5950's 12.5 MB of standard memory,
which is supported by a 72-hour battery backup that ensures faxes are not lost
in the event of a power failure. Additionally, the 5950 employs automatic horizontal
reduction to prevent the loss of important data when received documents extend
beyond the standard printable area.
The 5950 will easily grow along with the needs of today's rapidly changing businesses
with numerous options, including the G3 Dual Line Kit, the T.37 Internet Fax/Network
Printer Kit and the T.38 "Real-Time" Internet Fax Kit. The Dual Line
option allows a second telephone line (33.6 Kbps) for simultaneous transmissions
and receptions, doubling fax productivity without adding additional devices.
The T.37 Internet Fax/Network Printer Kit offers the ability to send fax transmissions
over the Internet as e-mail attachments and turns the unit into a network-ready
600 dpi printer, creating a fast, cost-effective multifunction product ideal
for high-volume workgroups. Users can also achieve point-to-point document transfer
between T.38 devices, with real-time confirmations, by utilizing the same lease-line
as used for current voice and data communication. With the T.38 "Real-Time"
Internet Fax Kit documents are scanned, transmitted, and received over IP addresses,
eliminating long-distance phone charges.
"The 5950 offers high-quality facsimile solutions for a multitude of business
applications. Its versatility enables medium to large businesses to complete
large scale facsimile jobs in far less time than competitive fax machines, and
at a lower cost," said Gus Piccin, Canadian General Manager for OKI Data.
"Combining advanced features with a wide array of options allows businesses,
particularly in the financial, insurance, and legal industries to customize
the OKIFAX to their own individual needs."
Other benefits of the OKIFAX 5950 include:
Time-saving and error-reducing automatic dialing, with 230 speed dials,
80 one-touch numbers and 150 two- and three-digit codes.
Confidential transmit/receive, 16 mailboxes for
confidential communications that can only be accessed by a PIN code.
QWERTY keyboard that doubles as a one-touch auto
dialing keyboard and allows quicker input of names, numbers and IP addresses.
Standard 250-sheet letter/legal paper capacity
upgradeable to 750 sheets for busy offices.
Fast 10 ppm printing at 600 dpi with image smoothing.
Produces 99 copies from a single original in its
convenience copier mode.
This facsimile machine is fully compliant with the Environmental Protection
Agency's Energy Star® energy-efficient program, signifying low power usage
by computers and peripherals. The Power Save Mode automatically reduces power
usage to 12 watts when inactive, while the Toner Save Mode can be programmed
for more economical toner usage.
Availability, Warranty, and Customer Support
Available immediately through an OKI® authorized dealer, the OKIFAX 5950
comes with 90 days on-site service, a 1-year limited warranty on parts and the
industry's only 5-year printhead warranty. OKI Data operates a seven-day-a-week,
24 hour-a-day toll-free customer service and technical support line providing
a single point of contact for all customer support. This service is available
in the United States and Canada at 1-800 OKI DATA (1-800-654-3282). OKI Data
is the only facsimile manufacturer offering this breadth of warranty and service
to its customer.
The 5950 is supported by an extensive nationwide network of OKI Data Authorized
Dealer Service Centers throughout North America. These centers provide on-premise
service at over 2,000 sites in the United States and Canada, enabling OKI Data
dealers to offer full warranty and after-warranty support to their customers.
About Oki Data: Headquartered in Mount Laurel, N.J., OKI Data Americas,
Inc., a subsidiary of OKI Data Corporation of Japan, is a full-line supplier
of PC peripheral equipment, including serial impact dot matrix printers; digital
LED page printers; plain paper multifunction and facsimile products; and a full
line of options, accessories and consumables. OKI Data's entire line of products
is in compliance with the EPA's Energy Star® Program. OKI Electric Industry
Co., Ltd., parent company to OKI Data Corporation, is a $6.3 billion multinational
corporation with headquarters in Tokyo and is a world leader in information
processing systems, telecommunications and electronics. For more information
about Oki Data or OKI products and services, visit the OKI Data Internet Web
site: www.okidata.com
C-COM
ANNOUNCES A NEW DIRECTOR; KARAM RESIGNS
OTTAWA,
ON - June 6, 2001
Tim McCunn, Chairman of the Board, C-COM Satellite Systems
Inc., of Ottawa, has announced the appointment of James Duncan a new Director
to replace Antoine Karam who resigned as a Director of the Corporation today.
Mr. Duncan, is a principle of Eurodata Support Services Inc., a leading third
party hardware and software support organization. An electronics engineering
technology graduate of Durham College, Mr. Duncan has over 20 years of high-tech
business management experience.
"C-COM has not concluded an agreement with Antoine Karam to serve the Company
as a technology consultant and now does not expect to do so," said Tim
McCunn, Chairman of the Board, C-COM Satellite Systems Inc.
About C-COM Satellite Systems Inc.
C-COM Satellite Systems Inc. is a leader in development of satellite based technology
that allows the delivery of high-speed Internet services to fixed and mobile
users. C-COMs iNetVu systems, FMS Antenna, Roamer and TurboCell products
deliver high quality, cost effective, satellite and cellular based solutions
for fixed, mobile or transportable applications throughout Canada, the United
States and Caribbean.
Versus HP model 8550
1 Estimated life at 5% density for Letter-size paper.
2 Estimated life, continuous printing on Letter-size paper.
INQUENT
FORMS STRATEGIC ALLIANCE WITH SUREFIRE COMMERCE TO PROVIDE NEW E-COMMERCE SERVICE
TORONTO, ON - June 8, 2001
InQuent Technologies Inc., a leading wholesale provider of wholesale
hosting platforms to Carrier and Service Providers worldwide, has formed a strategic
alliance with SureFire Commerce Inc., a global provider of secure online transaction
processing services.
InQuent has integrated FirePay, SureFire Commerces payment gateway and
real-time transaction processing service, into their Carrier grade hosting platform.
This e-commerce service enables Carriers and Service Providers to offer their
customers online transaction services worldwide. FirePay features include Internet
merchant accounts, fraud management, secure credit card processing, multiple
currency conversion and payment capabilities.
"Our affiliation with leading technology partners such as SureFire Commerce
enables us to design superior hosting platforms that meet the growing needs
of Carriers and Service Providers," said Ken F. Wilson, InQuents
President and CEO. "FirePay is a robust e-commerce tool that delivers the
scalability and flexibility our customers demand from an e-business solution."
"InQuents Carriers and Service Providers can now add even more value
to their Web hosting offerings by including FirePay, a leading transaction processing
service in their e-business product mix," said Rory Olson, SureFire Commerces
President and CEO.
About InQuent Technologies Inc.
InQuent Technologies Inc. (www.InQuent.com)
is a global Platform Service Provider (PSP) of wholesale hosting platforms delivered
to a diverse network of international Carriers and Service Providers.
InQuent provides integrated and market leading Internet and application hosting
platforms to Carriers and Service Providers such as Telecommunications Providers,
ISPs, Cable Service Providers, and ISVs. Founded in September 1997, InQuent
is a privately owned corporation headquartered in Toronto, Canada. SBC Communications
Inc. of San Antonio, Texas, is a major shareholder in InQuent Technologies Inc.
About SureFire Commerce Inc.
SureFire Commerce Inc. is a global business-to-business provider of proprietary
e-commerce solutions in the area of secure credit-card transaction processing
and merchant enabling. SureFire Commerce is an international provider of secure
online transaction processing services to merchants in the areas of sports,
entertainment and gaming, among others, targeting to process in excess of $1
billion in transactions this fiscal year. SureFire Commerces merchant
enabling solutions provide telecommunications companies, Internet service providers,
high traffic portals and financial institutions the ability to generate recurrent
revenue streams for themselves and their small- and medium-sized business customers.
SureFire Commerce is headquartered in Montreal, with offices in Hull and Boston.
BANKWORKS
TO LAUNCH INTERACTIVE SATELLITE COMMUNICATION NETWORK WITH STAR CHOICE AND BASS
HOTELS
TORONTO, ON - June 13, 2001
Toronto-based BankWorks, a company specializing in financial
services and distance learning technologies has announced a joint venture with
Star Choice, one of Canadas leading providers of direct-to-home satellite
TV and Bass Hotels and Resorts, franchisor of the Holiday Inn and Crowne Plaza
hotel chains, to launch the first non-proprietary interactive satellite business
TV network in Canada.
The BankWorks Communication Network (BCN) will be used primarily for the training
and communications needs of the financial services industry.
The Network will be installed in 15 markets in British Columbia, Alberta, Saskatchewan,
Manitoba, Ontario, Québec, New Brunswick, Nova Scotia and Newfoundland,
by mid-August 2001.
The Network will allow communication to occur at multiple sites simultaneously
through one satellite signal. Meeting rooms will be transformed into virtual
classrooms where program participants congregate in Holiday Inns across Canada,
with the presenter located in a TV studio. The Network will facilitate the cost-effective
distribution of product, corporate and regulatory information while also serving
as a high-quality delivery medium for industry training programs. 'Attendees'
will be able to converse with the presenter and other participants, answer quizzes
and tests and respond to polls through interactive technology.
BankWorks CEO Helen Sinclair said, "Given the highly dispersed distribution
of the Canadian population, satellite communications is a powerful tool in meeting
classroom-based needs. BankWorks has been successful in introducing business
TV to the major Canadian banks and we believe the Network in Holiday Inn locations
will significantly increase the reach of satellite business TV in Canada."
"In terms of picture quality, this medium greatly outperforms videoconferencing,"
said John Campbell, Vice-President of Star Choice Business TV. "The BankWorks
Network will afford all financial professionals the same training opportunities
currently enjoyed by many bank employees."
Kris Crundwell, Director of Sales, Bass Hotels and Resorts said, "We are
delighted to participate in the BankWorks Communication Network. It will be
an important addition to the many services which Holiday Inns already offer
to their clientele."
About BankWorks
Toronto-based BankWorks provides market research and consulting services in
the financial services technology marketplace. BankWorks is a registered
trademark of BankWorks Trading Inc.
About Bass Hotels & Resorts
Bass Hotels & Resorts® [LON:BAS, NYSE:BAS (ADRs)], the hotel business
of Bass PLC of the United Kingdom, owns, operates or franchises more than 3,000
hotels and 490,000 guest rooms in close to 100 countries and territories. Properties
include: Inter-Continental® Hotels and Resorts, Crowne Plaza® Hotels
& Resorts, Holiday Inn®, Holiday Inn Express® and Staybridge Suites
by Holiday Inn.
About Star Choice
Star Choice Communications Inc., of Toronto, a wholly-owned subsidiary of Canadian
Satellite Communications, distributes satellite interactive learning networks
for government and corporations and is a leading provider of direct-to-home
digital video and audio programming.
C-COM
SATELLITE SYSTEMS INC. AND HUGHES NETWORK SYSTEMS LAUNCH 2 WAY DIRECPC HIGH-SPEED
INTERNET SERVICE IN CANADA
OTTAWA, ON - June 13, 2001
C-COM
Satellite Systems Inc. (CDNX:CMI) of Ottawa and Hughes Network Systems (HNS),
a division of Hughes Electronics Corporation, has launched DirecPC® Satellite
Return Service in Canada.
As a value added HNS reseller, C-COM will be marketing, selling, distributing,
installing and providing first level support of this two way, high-speed, satellite-based
Internet service across Canada and via its own resellers in the United States.
The service will be marketed to commercial and residential customers, many of
which live in areas where no DSL or cable services exist.
The DirecPC Satellite Return service eliminates the need for a telephone return
line, because it utilizes the satellite link to both send and receive data.
As an added benefit, the same satellite dish used for high-speed Internet connectivity
can be optionally configured to receive Canadian DTH television programming.
This service is available today by contacting C-COM Satellite Systems, 2574
Sheffield Road, Ottawa, Canada K1B 3V7. Tel: (613) 745-4110. Visit www.c-comsat.com
for more information.
"More than 31 per cent of Canadas entire population lives in areas
where cable and DSL are unavailable and may never become available. This represents
an enormous market potential for both
C-COM and HUGHES," said C-COM's CEO Leslie Klein.
DirecPC Satellite Return delivers download speeds of up to 400Kbps and uplink
speeds of 128Kbps. Besides high-speed Internet connectivity, customers can also
receive multicasting/multistreaming information and content package delivery
in parallel, all part of the same service bundle. DirecPC Satellite Return is
presently the fastest and most affordable Internet access available to those
living in areas where no cable or DSL services exist.
"We are pleased to be working with C-COM to bring broadband by satellite
services to Canada for the first time," said Ned Kazor, senior director
for channel sales at Hughes Network Systems. "Everyone from suburban telecommuters
to people living in remote communities can now benefit from high-speed Internet
access."
Using DirecPc Satellite Return, C-COM is providing its own proprietary virtual
private network (VPN) solution, over which both large and small organizations
can offer secure, high-speed Internet/intranet access to their employees from
remote places of work. This solution opens the market for thousands of telecommuters
in Canada and the US, and will enhance the lives of people in remote regions,
through delivery of specialized services such as telemedicine and distance learning.
About C-COM Satellite Systems Inc.
C-COM Satellite Systems Inc. is a leader in development of satellite based technology
that allows the delivery of high-speed Internet services to fixed and mobile
users. C-COMs iNetVu systems, FMS Antenna, Roamer and TurboCell products
deliver high quality, cost effective, satellite and cellular based solutions
for fixed, mobile or transportable applications throughout Canada, the United
States and Caribbean.
About Hughes Network Systems
Hughes Network Systems (HNS) is a major manufacturer of receivers and systems
for the DIRECTV satellite television service and a leading provider of satellite-based
broadband services and applications worldwide. The companys high-speed
data services and convergence products include the award-winning DirecPC consumer
Internet satellite service, the first-of-its-kind DirecDuo antenna capable
of receiving both DirecPC and DIRECTV service, and the high-performance DirecWay
platform for multimedia-rich enterprise applications.
HNS, winner of the Frost & Sullivan Market Engineering Technology Leadership
Award for its pioneering efforts in creating the DirecPC product line, is a
unit of HUGHES Electronics, a subsidiary of General Motors corporation. HUGHES
earnings are used to calculate the earnings per share attributable to the General
Motors Class H common stock (GMH). To learn more about HNS, please visit www.hns.com.
C-COM
SWINGS GOLFSWITCH CANADIAN EXPANSION
GolfSwitch Chooses C-COM as Exclusive Internet Provider
to a Potential 1,725 Canadian Golf Courses
OTTAWA, ON - June 19, 2001
C-COM Satellite Systems Inc. announced they will bring high-speed
Satellite Internet connectivity to premier golf courses as part of GolfSwitchs
expansion plans.
GolfSwitch operates a private satellite network across the United States which
connects golf courses to market their tee time inventory via thousands of Internet
partners, hotels, travel agents, national golf directories, regional golf web
sites, golf vacation planners and the individual golf course web sites. GolfSwitch
also offers Web Access to courses wanting high-speed broadband Internet access.
"We know its critical to have the right partner for our expansion
into Canada, one who understands issues related to deploying satellite services
and has the experience to provide the service our customers demand," said
Robert Chiti, General Manager of GolfSwitch. "We are confident that C-COM
is the right partner for us."
GolfSwitch selected C-COM based on their US partnership with Hughes Networks
Systems coupled with their satellite service delivery experience and availability
of C-COM trained and certified professional installers across Canada.
"We can offer GolfSwitch the connectivity and customer support they need
for the GolfSwitch Network today and the high-speed satellite Internet bandwidth
they will need to deliver new services in the future," said Leslie Klein,
CEO, C-COM Satellite. "With over 1,725 golf courses in Canada, we are planning
a long and profitable relationship with GolfSwitch."
About C-COM Satellite Systems Inc.
C-COM Satellite Systems Inc. is a leader in development of satellite based technology
that allows the delivery of high-speed Internet services to fixed and mobile
users. C-COMs iNetVu systems, FMS Antenna, Roamer and TurboCell products
deliver high quality, cost effective, satellite and cellular based solutions
for fixed, mobile or transportable applications throughout Canada, the United
States and Caribbean.
About GolfSwitch GolfSwitch, a division of Spectrum Golf, Inc. headquartered
in Scottsdale, AZ, is a Vertical Internet Application Service Provider (VIASP)
that owns and operates the largest private communications network in the golf
industry. GolfSwitchs products and services are designed to help golf
course operators enhance customer service, increase revenue and reduce operating
costs. The GolfSwitch Network also allows golf courses to market their inventory
to the thousands of GolfSwitch Network distribution partners including, hotels,
national golf web sites, travel agents, and golf vacation planners. For more
information contact GolfSwitch at 480.429.7280 or view their web site at www.golfswitch.com.
VALU-NET
FINALIZES SOFTWARE DEVELOPMENT AGREEMENT WITH HGI WIRELESS
TORONTO, ON - June 20, 2001
Valu-net (CDNX - VNE) announced that is has finalized its
agreement with HGI Wireless Inc. Under the terms of the agreement Valu-net will
further develop, modify and enhance HGIs wireless tracking and monitoring
software.
As part of the agreement Valu-net will be appointed HGIs exclusive Master
Canadian Distributor for the business to consumer market. Both parties consider
the market for wireless asset tracking and monitoring to be promising and that
the alliance uniquely positions the companies to offer leading, best-of-breed
solutions to a rapidly growing demand for asset security applications.
"Theft of autos and other high valued assets such as construction equipment,
rolling stock, containers, transport trailers and recreational vehicles is increasing
every year," says Keith Pitts, Executive Vice President of Valu-net. "Our
hardware and monitoring software will direct the police to the exact location
of the asset regardless of its location in North America."
The Valu-net solutions will be based on the Wiretrak AVL+ hardware currently
in use by the Minneapolis Police Department and other North American law enforcement
agencies. "The HGI hardware proactively and automatically notifies monitoring
stations without user intervention," added Pitts. "It will signal
the monitoring station when an event such as a door opening, ignition, or vehicle
movement is detected, in most cases even before the owner realizes that their
property has been stolen. In addition to tracking the asset we will also have
the ability to control functions such as turning off the ignition, locking the
doors, sounding the horn, for example."
About HGI Wireless Inc.
HGI Wireless Inc. is a provider of innovative wireless solutions to fleet management,
law enforcement, transportation and private consumers. Using sophisticated technologies
such as, digital mapping, GPS and wireless communications, HGI Wireless designs,
develops and integrates AVL systems that enable clients to monitor assets and/or
exchange mission-critical information with mobile units in real-time. Its proprietary
software and customizable hardware product, offers seamless, wireless communications
over radio, cellular or satellite networks, geo-fencing and self-monitoring.
The Wiretrak AVL+ is designed to communicate, by default, in the most cost effective
mode for the defined area of operation. When cellular digital packet data (CDPD)
is not available, the unit automatically and seamlessly switches over to AMPS
without any loss in data. The Company was founded in British Columbia in 1990
by a group of technology experts in response to the mapping and remote communications
needs of the forest industry. Today, HGI Wireless also provides professional
services including: consulting, software customization, training, installation,
maintenance and user support. HGI Wireless is headquartered in Vaughan, Ontario,
with offices in Ottawa and Hungary. Learn more at http://www.hgiwireless.com.
About Valu-net
Founded in 1995, Valu-net Corporation provides customers with a wide range of
technology, both hardware and software, to better enable the establishment of
E-businesses. Valu-net provides key business functionality and defined solutions,
such as secure credit card transaction processing, as well as the development
of custom e-business solutions for corporations seeking to serve their customers
better and more cost effectively using an Internet business model. Valu-net
recently acquired Encore Asset Services Inc., a private company that has established
itself as a valued service partner to some of the world's leading leasing companies
and computer manufacturers. Encore offers timely, accurate and cost-effective
asset tracking, monitoring, maintenance and management of
entire high tech inventories and other equipment. Learn more about Encore at
http://www.easi2000.com
or visit Valu-net at http://www.vncorp.com.
DONALD
TRUMP JOINS AS CO-DEVELOPER OF THE RITZ-CARLTON HOTEL AND RESIDENCES, TORONTO
TORONTO, ON - June 21, 2001
The Bowmore Group of Companies Inc. today announced real estate
magnate Donald J. Trump of The Trump Organization as co-developer of the $300
million, 65-storey Ritz-Carlton hotel and residences project, proposed for the
southeast corner of Bay and Adelaide Streets, in downtown Toronto.
"When we embarked on this development, we were pleased to be working with
a company as illustrious as The Ritz-Carlton, to bring their hallmark style
of luxury to a city still awaiting its first five star hotel and residences,"
said Joseph Waldman of The Bowmore Group.
"We now welcome Donald Trump into our consortium with the greatest pleasure,
and believe that his expertise will be an invaluable addition to our already
impressive resources."
Mr. Trump also looks forward to this collaboration, his first real estate venture
in Canada. "With Trump World Tower, our 90-storey luxury residential property
adjacent to the United Nations in New York City, we were proud to have created
the tallest residential building in the entire world. Now Im very pleased
to be involved with the tallest residential building in Canada, and to be associated
with the Company founded over 80 years ago by Cesar Ritz," he said.
"Toronto is a city whose time has come
the Bowmore Group knows it,
The Ritz-Carlton knows it, and I know it too. Together with an incredible design
team all Canadians, each of whom has an international pedigree
were committed to creating a landmark hotel and address that will be 5-star
in every way.
"This city has many assets
it is beautiful, clean, the engine of the
Canadian economy and a city whose land values have not yet peaked as they have
in most North American cities.
"In fact, although it will be the most expensive real estate in Toronto,
The Ritz-Carlton here will be sold for far less per square foot than comparable
Ritz or Trump properties in the United States, in part because the Canadian
dollar is so undervalued. Yet it will offer features, finishes and amenities
of the highest order, in the very centre of Torontos teeming financial
district."
"Mr. Trumps participation in the Ritz-Carlton Hotels is an important
endorsement of this project - and this City," said Mayor Mel Lastman.
"His name adds panache to the $300 million development. Mr. Trumps
role as a joint-venture partner in Torontos only five-star hotel demonstrates
that the business climate in our city continues to be buoyant and positive."
The Mayor added, "Ritz-Carlton Hotels are synonymous with luxury the world
over. Mr. Trumps name is synonymous with business acumen the world-over
and Toronto is synonymous with the quality of life the world-over."
With the Citys approval, its proposed that construction of the 640,000
square foot Ritz-Carlton Toronto begin early in 2002, with occupancies scheduled
for 2004.
There will be 1,430 construction jobs created during construction and approximately
380 full-time jobs thereafter. The project will generate an estimated $2.1 million
in realty taxes for the City in the first year.
A sales presentation
centre is under construction and will open in late summer, with residences available
for purchase or with a leaseback on a limited number of units.
The project has been designed by an all-Canadian team, comprised of Toronto-based
Zeidler Roberts Partnership and Kirkor Architects, with the interior design
talents of Yabu Pushelberg and Hudson Kruse Design. Each of these companies
are not only leaders in their fields here in Canada, but their work is in demand
across North America and around the world.
Now theyve come together in the creation of The Ritz-Carlton Toronto.
Construction management will be by EllisDon, who were recently awarded the $200
million contract.
The Ritz-Carlton will be the citys tallest residential building
its
first and only 5-star hotel
Torontos first truly 5-star private residences
to match.
The first nine floors will contain the Hotels Grand Lobby and Reception
Areas, its magnificent Ballroom, Restaurants, Jazz Club, Bistro, along with
an exclusive array of chic retail stores. Above them will be the hotels
guest suites and fully furnished Executive Corporate Residences.
A fabulous International Health Spa will occupy Floors 30 and 31 while higher
still is a stunning selection of Tower Residences, Carriage Residences and Penthouse
Residences, all accessible through their own private lobby and elevators. The
total number of residences is 406. They will be managed by The Ritz-Carlton.
Prices for the high-end real estate will range from $450,000 to $18 million.
Residence owners will have the opportunity to access all services offered by
the Hotel, including housekeeping, catering, room service and concierge. Recently
introduced in Washington, DC, these luxury residences are now being built adjacent
to Ritz-Carlton Hotels under development in New York City, Sarasota, Florida
and Boston, Massachusetts.
Baker Real Estate Corporation is the exclusive sales agent for the project.
For more information call (416) 703-0777; or toll free 1-800-289-1041, or visit
www.baker-re.com/hotel-residences.htm.
The Ritz-Carlton Hotel Company currently operates 38 hotels and resorts throughout
the world, and is the only service company to twice win the United States Department
of Commerces Malcolm Baldridge National Quality Award which recognizes
corporate excellence. The hotels are consistently ranked among the best in the
world by surveys including Conde Nast Traveller Magazines Readers Choice
Awards and Travel and Leisure.
In the past 25 years, The Bowmore Group of Companies has had a hand in transforming
the New York skyline with such landmark buildings as the former headquarters
of the Bank of America on Broad Street and the headquarters of Morgan Guarantee
Trust on Wall Street. Now they are building in Toronto with several projects
currently underway, including their joint venture with The Daniels Corporation
at NY Towers, four New York-style towers totaling 1,200 units, at Bayview and
Sheppard Avenues.
Donald J. Trump is head of The Trump Organization, located in New York City.
Trump signature buildings include the Trump World Tower, Trump International
Hotel and Trump Parc Hotel. These landmarks are known all over the globe for
their extraordinary design and superlative service, which have made them the
most requested residences in the world.
CANADIANS
GOING DEEPER INTO DEBT:
Spending More, Saving Less Bankruptcy Trustee Offers Solutions
to Rising Insolvencies
TORONTO, ON - June 27, 2001
"Financially-troubled businesses and self-employed professionals
can regain control from creditors, if they understand the rules," said
Frank Kisluk, President, Debtor Consulting Services Ltd.
At a Toronto news conference today, Kisluk, whose Toronto-based consulting firm
specializes in financial restructuring and insolvency services, said "while
personal insolvencies are rising and credit card debt is growing, Canadians
have other options to bankruptcy."
Kisluk outlined some of the key consumer credit and insolvency trends in Canada
today:
"2 of 3 Canadians are living in debt and that
number continues to grow.
Over the past decade, personal insolvency
filings rose significantly, while personal savings fell dramatically.
As U.S. insolvency filings increase, (there was
a 17.8 per cent increase over First Quarter 2000)....Canadian filings will follow.
12,000 individuals in 2000 chose to avoid bankruptcy and settle with creditors
under the Bankruptcy & Insolvency Act introduced in 1992.
Proposals will become a significant alternative
to bankruptcy filings. We expect proposals to increase to between 25 - 30 per
cent of total consumer insolvency filings within the next two years. Proposals
for self-employed professionals will continue to rise."
"Canadians need to know there are alternatives to filing bankruptcy,"
added Kisluk. "Proposals are a viable option in most situations and we
are seeing an increase in settlements with creditors, rather than bankruptcy
filings."
About Debtor c onsulting services ltd.
Toronto-based Debtor Consulting Services Ltd. specializes in the field of financial
structuring and insolvency services. President and Bankruptcy Trustee Frank
Kisluk incorporates into his practise over 32 years of professional experience.
Kisluk is the author of Life After Debt and Dear Creditor.
OKI
OPEN WELCOMES 2001 NATIONAL PRO BEACH VOLLEYBALL TOUR
MISSISSAUGA, ON - July 3, 2001
Canadas
best Pro Beach Volleyball Players will compete at the inaugural OKI ONTARIO
PLACE OPEN, the signature event of the season at South Beach, Ontario Places
new world-class beach volleyball complex. Sponsored by OKI Data, the OKI OPEN
runs from July 6 - 8/01.
The first stop on Volleyball Canadas 2001 National Tour Schedule, the
OKI ONTARIO PLACE OPEN features many of Canadas top male and female athletes
in competitive action. The event begins with qualifying rounds on Friday July
6/01. The main draw tournament takes place on Saturday, followed by a huge evening
Beach Party. Sundays televised action includes the semi-finals as well
as the Bronze and Gold Medal matches. The three-day event is sponsored by OKI,
a leading manufacturer of a wide range of printers, fax machines and multifunction
products for businesses of every kind and size.
South Beach features five Olympic-sized beach volleyball courts, beautiful landscaping,
bleacher seating for more than 600 spectators, several large corporate sized
tents and a fully licensed bar.
About OKI
OKI Data's Canadian headquarters in Mississauga, ON was established in 1986.
Headquartered in Mount Laurel, NJ, OKI Data Americas, Inc., a subsidiary of
Oki Data Corporation of Japan, is a full-line supplier of PC peripheral equipment,
including serial impact dot matrix printers; digital LED page printers, plain
paper multi-function and facsimile products; and a full line of options, accessories
and consumables. OKI Data's entire line of products is in compliance with the
EPA's Energy Star® Program. Oki Electric Industry Co., Ltd., parent company
to Oki Data Corporation, is a $6.3 billion multinational corporation with headquarters
in Tokyo and is a world leader in information processing systems, telecommunications
and electronics. For more information about OKI Data or OKI products and services,
visit the OKI Data Internet Web site: www.okidata.com.
OKI Reg. T.M. Oki Electric Industry Co., Ltd., Single Pass Color Reg. T.M. Oki
Data Corporation, Energy Star Reg. T.M. U.S. Environmental Protection Agency,
Ethernet Reg. T.M. Digital Equipment Corp.
INQUENT
TEAMS WITH MIVA CORPORATION TO DELIVER NEW E-COMMERCE STOREFRONT SOFTWARE TO
CARRIERS AND SERVICE PROVIDERS
TORONTO,ON - July 11, 2001
InQuent
Technologies Inc., a leading provider of wholesale hosting services to large
Carriers and Service Providers worldwide, has formed a strategic alliance with
Miva Corporation, a global supplier of e-commerce software and services. InQuent
will be launching Miva Merchant 4.0, Mivas next-generation Internet storefront
solution. Miva Merchant 4.0 provides InQuents private label Carrier and
Service Provider customers with a versatile storefront solution that comprises
of many new features including: affiliate program management, inventory tracking,
advanced administrative features, store statistics and more.
These new features complement those found in previous versions of the software
including account and catalog management, merchandising, order fulfillment,
and reporting tools.
Miva Merchant
4.0 comes complete with a set of wizards that help simplify the process of building
an online store. Merchants can set up their storefront and begin selling their
products and services in minutes. "We are pleased to welcome Miva Corporation
to InQuents growing network of market leading technology partners,"
said Ken F. Wilson, President and CEO, InQuent Technologies. "InQuent is
again demonstrating our understanding of Carriers and Service Providers
needs to deliver best-of-breed hosting solutions to their end-customers. As
such, we have launched Miva Merchant 4.0, a market leading and versatile hosting
solution that ranks high in both quality and functionality."
"Miva Merchant 4.0 empowers InQuents Carrier and Service Provider
customers with the necessary tools they need to launch customized e-commerce
storefronts quickly, easily and efficiently," said Robert Hanczor, Vice
President of Marketing, Miva Corporation. "We are delighted that a wholesale
hosting provider of InQuents caliber, has chosen to integrate Miva Merchant
4.0, our flagship product, into their scalable e-commerce products mix."
About InQuent Technologies Inc.
InQuent Technologies Inc. (www.inquent.com) is the leading wholesale provider
of Internet and application hosting to Carriers and Service Providers around
the world. InQuents hosting products and services are built on a carrier-class
hosting platform enabling Carriers and Service Providers to sell and service
profitable, high quality, scalable and reliable products. Founded in September
1997, InQuent is a privately owned corporation headquartered in Toronto, Canada.
SBC Communications Inc. of San Antonio, Texas, is a major shareholder in InQuent
Technologies Inc.
About Miva Corporation
Founded in 1996, Miva Corporation provides the leading e-commerce platform for
channels that target small-to mid-size businesses. These distribution partners
are at the forefront of servicing the exploding number of small to mid-size
businesses using the Internet to expand their market reach. Channels can easily
and quickly integrate the Miva platform of scripting, end-user applications
and API with their existing services to deliver complete e-commerce solutions
to SMBs. No other e-commerce platform company offers the ease of browser-based
point and click, deep-down customizability and the reach to deliver integrated
marketing services. For more information on Miva's products, contact Miva Corporation,
5060 Santa Fe Street, San Diego, California 92109. Phone: (858) 490-2570, fax:
(858) 731-4200 or visit Miva's Web site at http://www.miva.com.
C-COM
NAMES RUSSELL NEWBURY VICE PRESIDENT, MARKETING AND SALES
OTTAWA, ON - July 13, 2001
C-COM Satellite Systems Inc. (CDNX:CMI) of Ottawa has named Russell
Newbury, Vice President, Marketing and Sales.
"Newbury is responsible for the Companys Sales and Marketing activity
with a primary objective to maximize shareholder value. He serves as a strategist
for Marketing, Sales and Business Development." said Leslie Klein, CEO,
C-COM Satellite Systems Inc. Prior to joining C-COM, Newbury served as Vice
President, Marketing and Sales for CubeWerx, a Hull, Quebéc based software
developer specializing in spatial data warehouse solutions for webmapping. He
brings to C-COM over 15 years Sales and Marketing Management experience in the
petroleum, telecom and software industries.
Newbury has an Executive MBA from the University of Ottawa and a B.Sc. in Engineering
from McGill University.
About C-COM Satellite Systems Inc. C-COM Satellite Systems Inc. is a leader
in development of satellite based technology that allows the delivery of high-speed
Internet services to fixed and mobile users. C-COMs iNetVu systems, FMS
Antenna, Roamer and TurboCell products deliver high quality, cost effective,
satellite and cellular based solutions for fixed, mobile or transportable applications
throughout Canada, the United States and Caribbean.
Valu-net Corporation changes name to BSM Technologies Inc.
State-of-the-Art Wireless Security Technology Previewed at AGMTORONTO, July
19 2001 - At its Annual General Meeting, July 12, 2001, the shareholders of
Valu-net Corporation (CDNX:VNE) approved a resolution to change the Company
name to BSM Technologies Inc. The new name and corporate image were adopted
to better reflect the direction of the company and encompass BSM Technologies'
recent strategic entry into the wireless industry. Also announced at the AGM
was the creation of a new wireless division. BMS Wireless will focus exclusively
on technology development and marketing of wireless software solutions for the
business-to-consumer market. BSM Technologies was recently appointed exclusive
Master Distributor to the Canadian consumer market for HGI Wireless Inc. In
addition, the Company is under contract with HGI Wireless to refine its base
software to enable wireless tracking, monitoring and proactive theft alert of
high-cost assets, including consumer vehicles. Shareholders at BSM Technologies'
AGM witnessed a demonstration of a range of wireless capabilities of HGI Wireless'
integrated software and hardware solution.
"Being able to monitor and track a moving vehicle on a computer map in
real time is powerful," said Keith Pitts, executive vice-president of BSM
Technologies Inc. "This technology allows control of the vehicle's key
functions, including shutting off the ignition, from inside an office building
via a cellular network connection and a PC."
"BSM Technologies' management continues to grow business through innovation,"
said Nick Cirella, CEO of BSM Technologies Inc. "HGI Wireless technology
has already had strong endorsement from US law enforcement and is making headlines
in Canada. With this new division and the HGI Wireless partnership, BSM Technologies
is entering a high growth market in a leadership position."
"We are currently ramping up production and expect deliveries to start
within the next sixty to ninety days," added Pitts. "In addition to
our internal sales team, we are actively seeking strategic business partners
to facilitate marketing and sales direct to the consumer." Name change
is subject to the approval of the Canadian Venture Exchange.
About BSM Technologies Inc.
BSM Technologies Inc. (CDNX:VNE) and its subsidiaries, BSM Wireless and Encore
Asset Services Inc., provide its customers with a wide range of asset management,
asset tracking and asset monitoring solutions through traditional and wireless
technology. BSM Technologies also provides key business functionality and defined
solutions such as, secure credit card transaction processing, as well as the
development of custom e-business solutions for corporations seeking to serve
their customers better and more cost effectively using an Internet business
model. Learn more about BSM and Encore at http://www.bsmtechnologies.com and
http://www.easi2000.com. The Canadian Venture Exchange has not reviewed and
doe not accept responsibility for the adequacy or accuracy of this release.
BSM Technologies Appoints John Waylett, Vice-President of Wireless Division
Technology Team Grows with Addition of Senior Software Engineer TORONTO, Canada
- July 23, 2001 - BSM Technologies (CDNX:VNE) announced that John Waylett has
joined the Company as vice-president of BSM Wireless. Waylett is responsible
for developing BSM Wireless' business and operational plan, including short
and long-term roll-out strategy, assessing marketing and sales opportunities,
as well as establishing a sales team and a network of distributors.
"Wireless asset management, tracking and monitoring is a new area of business
for BSM," said Nick Cirella, CEO of BSM Technologies. "John's knowledge
of the industry will add significant new insights to management discussions."
Waylett brings over 20 years high-tech industry experience in product research,
development and management, marketing strategy development and global branding
to BSM Technologies. His work experience includes wireless, wire line, electronics
manufacturing, semiconductor and software engineering. Prior to joining BSM
Technologies, Waylett served as Director of Business Line Management for Nortel
Networks, where he established a comprehensive marketing program, including
product roll-out for eMobility Access Server, a wireless-Internet product. He
has also held marketing management positions with Enghouse Systems Limited,
Rogers AT&T Wireless, Cerberus Pyrotronics, Philips Components, Nortel and
Mitel. Waylett holds a B.S.E.E. Electrical Engineering/Communications Technology
from Ohio State University and an M.B.A. from Ottawa University.
The Company also announced that Michael Shmulevich has been hired as senior
software engineer for BSM Wireless. Shmulevich is an expert in the design and
development of large software systems. He will lead the team working on refinements
to the wireless tracking and monitoring software for the consumer market. Shmulevich
specializes in server-side development, as well as real-time and wireless technologies.
He was previously senior software
engineer at PRI Automation Canada. Prior to that assignment, he was senior software
engineer/analyst with Trivium Technologies in Israel.
About BSM Technologies Inc.
BSM Technologies Inc. (CDNX:VNE) and its subsidiaries, BSM Wireless and Encore
Asset Services Inc., provide its customers with a wide range of asset management,
asset tracking and asset monitoring solutions through traditional and wireless
technology. BSM Technologies also provides key business functionality and defined
solutions such as, secure credit card transaction processing, as well as the
development of custom e-business solutions for corporations seeking to serve
their customers better and more cost effectively using an Internet business
model. Learn more about BSM and Encore at http://www.bsmtechnologies.com and
http://www.easi2000.com.
INQUENT
TECHNOLOGIES FORMS STRATEGIC PARTNERSHIP WITH TRELLIX TO OFFER NEW SITE BUILDER
AUTHORING TOOLS
TORONTO, ON - July 30, 2001
InQuent
Technologies Inc., a leading provider of wholesale hosting services to large
Carriers and Service Providers worldwide, announced today its partnership with
Massachusetts-based Trellix Corp., the leading supplier of build-it-yourself
Web site publishing technology. InQuents carrier-class hosting platform
will integrate Trellixs publishing platform, Trellix Web Express, a browser-based
Web site authoring tool that enables users with no prior HTML or Web design
experience to create dynamic, multi-page Web sites. A sampling of the many features
incorporated within Trellix Web Express are "click-in-context" editing;
automatic page linking; Web Gems to easily add interactivity and specialized
Web services, such as e-commerce capabilities, site promotion, custom forms
and maps; and site management tools to build and maintain multiple sites. "The
Trellix Publishing Platform adds tremendous value to InQuents Shared hosting
product mix," said Ken F. Wilson, InQuents President and CEO. "With
the growing need for sophisticated yet easy-to-create Web sites, small businesses
are looking for robust site-building tools to build professional sites. Our
Carrier and Service Provider customers can now add more value to their hosting
offerings by providing their end-customers with a complete set of tools that
will enable them to host, manage and easily develop a Web site."
"InQuent chose Trellix because our customization technologies enable them
to modify our web publishing application to meet the unique requirements of
each of their Private Label Customers," said Don Bulens, CEO of Trellix.
"We are enthusiastic about the number of small businesses that we will
reach through InQuent's network of market-leading Carriers and Service Providers."
About Inquent Technologies Inc.
InQuent Technologies Inc. (www.inquent.com) is the leading wholesale provider
of Internet and application hosting to Carriers and Service Providers around
the world. InQuents hosting products and services are built on a carrier-class
hosting platform enabling Carriers and Service Providers to sell and service
profitable, high quality, scalable and reliable products. Founded in September
1997, InQuent is a privately owned corporation headquartered in Toronto, Canada.
SBC Communications Inc. of San Antonio, Texas, is a major shareholder in InQuent
Technologies Inc.
About Trellix Corporation
Founded in 1995 by technology visionary Dan Bricklin, Trellix is the leading
provider of private-label web site publishing technology and managed hosting
services. Trellix offers a suite of site building tools and services that enable
end users to easily create compelling, professional web sitesregardless
of technical ability. Innovative customization and integration capabilities,
along with proven low-cost managed application hosting services, give small
business and personal publishing providers everything they need to stay competitive.
Trellix's customers include nearly 30 of Media Metrix's top web properties,
including About, BizLand, CNET, McGraw-Hill, Namezero, Network Commerce and
Terra Lycos. More information on Massachusetts-based Trellix is available at
http://www.trellix.com
C-COM
APPOINTS LARRY CONWAY, DIRECTOR; LESLIE KLEIN NAMED CEO, PRESIDENT AND CHAIRMAN
OTTAWA, ON - August 3, 2001
C-COM Satellite Systems Inc. (CDNX:CMI) of Ottawa has appointed Larry Conway
to the Board of Directors. CEO, Leslie Klein has also been named President and
Chairman. The appointments are effective immediately. Conway brings over 24
years high-tech engineering and management experience to C-COM. He currently
serves as a Principal Consultant with New Technologies Inc. of Stittsville,
ON. Prior to joining New Technologies Inc., Conway held Vice President and General
Manager, Vice President Product and Systems and Director, Electronic Warfare
programs positions with Lockheed Martin Canada. He has also served in several
management positions with MEL Defence Systems Canada and the Defence Research
Establishment Ottawa. Conway has a M.Eng., Electrical Engineering from Carleton
University and a B.A.Sc.
(Cum Laude) in Electrical Engineering from University of Ottawa.
About C-COM Satellite Systems Inc.
C-COM Satellite Systems Inc. is a leader in development and deployment of satellite
based technology that allows the delivery of high-speed Internet services to
fixed (DirecWay*) and mobile (iNetVu**) users. C-COM deployed satellite
based systems, FMA Antenna and Roamer products deliver high quality, cost effective,
solutions for fixed, mobile and transportable applications throughout Canada,
the United States and Caribbean. For more information visit www.c-comsat.com
*DirecWay is a registered trademark of Hughes Network Services.
**INetVu is a registered trademark of C-COM Satellite Systems Inc.
VERTICALSCOPE
LAUNCHES CANADAS LARGEST INDEPENDENT WEB HOSTING RESOURCE SITE
TORONTO, ON - August 7, 2001
TopHosts.com,
a VerticalScope Inc. company, and the worlds largest independent web hosting
resource site, has expanded into Canada with the launch of CA.TopHosts.com.
Toronto-based VerticalScope is the world leader in creating and managing industry
portals and directories for specialized niche market e-business.
Building on the success of TopHosts.com, "which has successfully served
the North American hosting industry and hundreds of thousands of monthly visitors
since 1997," VerticalScope will direct qualified traffic to the Canadian
hosting marketplace with CA.TopHosts.com, the premier provider of web hosting
information in Canada," said VerticalScope President Rob Laidlaw.
The Canadian market is one of the fastest growing for web hosting. According
to a recent Convergence Consulting Group Ltd. report, web hosting revenue reached
$287 million last year, is projected to rise to $501 million by the end of this
year and $875 million by the end of 2002. The report predicts that in 2001,
Canadian hosting space will grow by approximately 90%.
Since its August 1/01 launch, 10,000 Web developers and small business owners
have visited the site to search the host database, review the monthly Top 15
ranked hosts, keep up-to-date on industry trends, and access the extensive Webmaster
resources which can guide a Canadian business from inception to hosting. Numerous
companies, including Primus, have already started advertising on the Canadian
site.
CA.TopHosts.com connects Canadian web hosts to thousands of potential customers.
Company showcases give the leading Web hosts the opportunity to present their
latest products and packages, while product and service reviews track the newest
developments in Internet technology.
"Our goal is to educate Canadian corporate decision makers," said
Laidlaw. "CA.TopHosts.com is a truly unique resource, which can guide novice
and expert Web developers through every aspect of finding a suitable Canadian
host for their enterprise." Other VerticalScope resource sites include
ASPscope.com, the largest resource site for the application service provider
industry started in November, 2000; UK.TopHosts.com, the first international
expansion of the TopHosts brand in May, 2001; and Adult.TopHosts.com, the largest
adult web hosting resource portal launched in June 2001. VerticalScopes
web sites receive in excess of 18,000 unique visitors daily.
About TopHosts.com
Founded in 1997, by then 16-year old Rob Laidlaw in Regina, Saskatchewan, TopHosts.com
is the largest independent web hosting resource site in the world. As the longest
running web host directory, TopHosts.com combines years of experience and proprietary
technology to give Web developers, Webmasters, and e-commerce businesses the
most comprehensive and up-to-date information and tools available.
About VerticalScope Inc.
Toronto-based VerticalScope Inc. is a world leader in creating resources for
the SME market. Boasting an array of resource portals, each one dedicated to
a specific industry niche, VerticalScope Inc., tracks and covers current market
developments with incisive, digestible content. Its powerful proprietary tools
bring companies together, and allow hundreds of thousands of visitors to locate
their ideal business partners through targeted vertical marketing. VerticalScope
Inc. is the only source businesses need for reliable timely industry information.
Completely independent, VerticalScope Inc. has built a reputation for reliable
and unbiased content. Visit www.verticalscope.com.
C-COM
STOCK EXPERIENCES BRIEF FLUCTUATION AS FORMER DIRECTOR SELLS SHARES
OTTAWA, ON - July 24, 2001
C-COM Satellite Systems Inc. (CDNX: CMI) announced that because a
former Director of the Company has been selling his shares, the stock price
has temporarily fluctuated.
"There has been no material change in the operations or the structure of
the Company. C-COM is very sound, well capitalized and sales are increasing,"
said Leslie Klein, CEO, C-COM Satellite. "We are currently hiring top executives
to move the Company forward as we positively move toward our sales and expansion
objectives."
About C-COM Satellite Systems Inc.
C-COM Satellite Systems Inc. is a leader in development of satellite based technology
that allows the delivery of high-speed Internet services to fixed and mobile
users. C-COMs iNetVu systems, FMS Antenna, Roamer and TurboCell products
deliver high quality, cost effective, satellite and cellular based solutions
for fixed, mobile or transportable applications throughout Canada, the United
States and Caribbean.
The Canadian Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
OKI
DATA DESKTOP PRINTER OUTPUTS 25,000 COLOUR MAGAZINE COVERS
MISSISSAUGA, ON - July 24, 2001
OKI Data Americas, Inc., a leading manufacturer of printers, fax
machines and multifunction products for businesses of every size, has set a
global first in the magazine industry.
"This month, IT for Industry, a Canadian high-tech Rogers Media trade publication,
used an OKI® C9000 desktop colour printer to produce a 6-page gatefold front
cover (3 pages on each side). This is a total of 150,000 page impressions (25,000
colour copies). To the best of our knowledge, we believe this is a world first,"
said IT for Industry Publisher Lesley Mellor. The magazine focuses exclusively
on and serves industry-decision makers in Canada's manufacturing community.
According to Gus Piccin, OKI Datas General Manager of Canadian Operations,
"We were delighted to assist IT for Industry in a successful exercise demonstrating
how far desktop printer technology has really come. Printing the cover demonstrates
the excellent image quality our printers provide and reinforces that an OKI
colour printer is a cost-efficient option for offices of any size. It is very
appropriate that a magazine dedicated to providing its readers with technology
solutions to cut costs and improve productivity would break ground by producing
the worlds first LED printed magazine cover." Released this spring,
the new OKI C9000 Series of colour digital LED printers offers fast, sharp quality
output. Powered by OKI Datas Single Pass Colour® engine, the C9000
series prints full-colour at an industry leading speed of up to 21 pages/minute,
the most economical and versatile colour printing solution for the business
buyer.
About OKI
OKI Data's Canadian headquarters in Mississauga, ON was established in 1986.
Headquartered in Mount Laurel, NJ, OKI Data Americas, Inc., a subsidiary of
OKI Data Corporation of Japan, is a full-line supplier of PC peripheral equipment,
including serial impact dot matrix printers; digital LED page printers, plain
paper multi-function and facsimile products; and a full line of options, accessories
and consumables. OKI Data's entire line of products is in compliance with the
EPA's Energy Star® Program. OKI Electric Industry Co., Ltd., parent company
to OKI Data Corporation, is a $6.3 billion multinational corporation with headquarters
in Tokyo and is a world leader in information processing systems, telecommunications
and electronics. For more information about OKI Data or OKI products and services,
visit the OKI Data Internet Web site: www.okidata.com. OKI Reg. T.M. OKI Electric
Industry Co., Ltd., Single Pass Colour Reg. T.M. OKI Data Corporation, Energy
Star Reg. T.M. U.S. Environmental Protection Agency, Ethernet Reg. T.M. Digital
Equipment Corp.
VERTICALSCOPE
NAMES THE COMMUNICATIONS GROUP INC. AS ITS PR CONSULTANTS OF RECORD
TORONTO, ON - July 25, 2001
VerticalScope, the world leader in creating and managing industry portals and
directories for specialized niche market e-business, has appointed The Communications
Group Inc. as its PR consultants of record. Through its TopHosts.com division,
the Company draws traffic from thousands of global web developers and business
owners who need to access the TopHosts database of information on the web hosting
business. TopHosts is the largest independent web hosting resource site in the
world. And, through its ASPscope.com division, the Company provides a complete
online resource for the ASP industry. With 25 employees, VerticalScope is headquartered
in Toronto.
C-COM
TEAMS WITH DIGITAL CITY INC. TO OFFER SATELLITE SYSTEM ACROSS RETAIL CHAIN
OTTAWA, ON - July 26, 2001
C-COM Satellite Systems Inc. (CDNX: CMI) announced a dealer agreement
with Ottawa based Digital City Inc., to resell C-Com supplied DirecWay 2-Way
High Speed Satellite Internet service to residential and commercial subscribers.
Customers can now purchase the 2-Way High Speed Satellite System directly from
any of Digital Cities Starchoice retail stores. Digital City will be offering
C-COM supplied systems at $99.00 per month through a lease to buy arrangement.
The price includes installation, monthly subscription and ISP services. Digital
City customers will be serviced by C-COM Certified installers. "Many customers
want to kick the tires before installing a high-speed satellite
Internet system," said Leslie Klein, CEO, C-Com Satellite Systems. "Our
in-store agreement with Digital City allows them to do that and brings our product
to a wider market across their retail chain."
Digital City has seven retail locations in the Ottawa area and just opened their
first store in Toronto. "We are dedicated to providing low cost, high quality
satellite services to business and residential customers," said André
Lahaie, Vice President, Digital City Inc. "C-Com was a logical choice for
our stores and our customers. We are already seeing a demand for the product
while we meet and exceed our sales projections."
About C-COM Satellite Systems Inc.
C-COM Satellite Systems Inc. is a leader in development and deployment of satellite
based technology that allows the delivery of high-speed Internet services to
fixed (DirecWay) and mobile (iNetVu) users. C-COM deployed satellite based systems,
FMA Antenna and Roamer products deliver high quality, cost effective, solutions
for fixed, mobile and transportable applications throughout Canada, the United
States and Caribbean.
About Digital City Inc.
Digital City Inc. is a respected provider of business and residential satellite
services to the Ottawa and Toronto markets. Since its inception in 1999, the
Company has offered low cost, high quality satellite Internet services to business
and residential customers. Currently a chain of eight retail locations, Digital
City plans to expand to 11 Starchoice branded stores in 2001. Digital City has
been recently awarded the No. 1 Starchoice Dealer in Canada for satellite TV
based on volume and annual growth.
The Canadian Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
C-COM
APPOINTS LARRY CONWAY, DIRECTOR; LESLIE KLEIN NAMED CEO, PRESIDENT AND CHAIRMAN
OTTAWA, ON
- August 3, 2001
C-COM Satellite Systems Inc. (CDNX:CMI) of Ottawa has appointed Larry Conway
to the Board of Directors. CEO, Leslie Klein has also been named President and
Chairman. The appointments are effective immediately. Conway brings over 24
years high-tech engineering and management experience to C-COM. He currently
serves as a Principal Consultant with New Technologies Inc. of Stittsville,
ON. Prior to joining New Technologies Inc., Conway held Vice President and General
Manager, Vice President Product and Systems and Director, Electronic Warfare
programs positions with Lockheed Martin Canada. He has also served in several
management positions with MEL Defence Systems Canada and the Defence Research
Establishment Ottawa. Conway has a M.Eng., Electrical Engineering from Carleton
University and a B.A.Sc. (Cum Laude) in Electrical Engineering from University
of Ottawa.
About C-COM Satellite Systems Inc.
C-COM Satellite Systems Inc. is a leader in development and deployment of satellite
based technology that allows the delivery of high-speed Internet services to
fixed (DirecWay*) and mobile (iNetVu**) users. C-COM deployed satellite
based systems, FMA Antenna and Roamer products deliver high quality, cost effective,
solutions for fixed, mobile and transportable applications throughout Canada,
the United States and Caribbean. For more information visit www.c-comsat.com
*DirecWay is a registered trademark of Hughes Network Services.
**INetVu is a registered trademark of C-COM Satellite Systems Inc. VERTICALSCOPE
LAUNCHES CANADAS LARGEST
INDEPENDENT
WEB HOSTING RESOURCE SITE
TORONTO, ON - August 7, 2001
TopHosts.com, a VerticalScope Inc. company, and the worlds
largest independent web hosting resource site, has expanded into Canada with
the launch of CA.TopHosts.com. Toronto-based VerticalScope is the world leader
in creating and managing industry portals and directories for specialized niche
market e-business.
Building on the success of TopHosts.com, "which has successfully served
the North American hosting industry and hundreds of thousands of monthly visitors
since 1997," VerticalScope will direct qualified traffic to the Canadian
hosting marketplace with CA.TopHosts.com, the premier provider of web hosting
information in Canada," said VerticalScope President Rob Laidlaw.
The Canadian market is one of the fastest growing for web hosting. According
to a recent Convergence Consulting Group Ltd. report, web hosting revenue reached
$287 million last year, is projected to rise to $501 million by the end of this
year and $875 million by the end of 2002. The report predicts that in 2001,
Canadian hosting space will grow by approximately 90%.
Since its August 1/01 launch, 10,000 Web developers and small business owners
have visited the site to search the host database, review the monthly Top 15
ranked hosts, keep up-to-date on industry trends, and access the extensive Webmaster
resources which can guide a Canadian business from inception to hosting. Numerous
companies, including Primus, have already started advertising on the Canadian
site. CA.TopHosts.com connects Canadian web hosts to thousands of potential
customers. Company showcases give the leading Web hosts the opportunity to present
their latest products and packages, while product and service reviews track
the newest developments in Internet technology.
"Our goal is to educate Canadian corporate decision makers," said
Laidlaw. "CA.TopHosts.com is a truly unique resource, which can guide novice
and expert Web developers through every aspect of finding a suitable Canadian
host for their enterprise."
Other VerticalScope resource sites include ASPscope.com, the largest resource
site for the application service provider industry started in November, 2000;
UK.TopHosts.com, the first international expansion of the TopHosts brand in
May, 2001; and Adult.TopHosts.com, the largest adult web hosting resource portal
launched in June 2001. VerticalScopes web sites receive in excess of 18,000
unique visitors daily.
About TopHosts.com
Founded in 1997, by then 16-year old Rob Laidlaw in Regina, Saskatchewan, TopHosts.com
is the largest independent web hosting resource site in the world. As the longest
running web host directory, TopHosts.com combines years of experience and proprietary
technology to give Web developers, Webmasters, and e-commerce businesses the
most comprehensive and up-to-date information and tools available.
About VerticalScope Inc.
Toronto-based VerticalScope Inc. is a world leader in creating resources for
the SME market. Boasting an array of resource portals, each one dedicated to
a specific industry niche, VerticalScope Inc., tracks and covers current market
developments with incisive, digestible content. Its powerful proprietary tools
bring companies together, and allow hundreds of thousands of visitors to locate
their ideal business partners through targeted vertical marketing. VerticalScope
Inc. is the only source businesses need for reliable timely industry information.
Completely independent, VerticalScope Inc. has built a reputation for reliable
and unbiased content. Visit www.verticalscope.com.
SANGOMA
ROUTES PR THROUGH THE COMMUNICATIONS GROUP INC.
MARKHAM, ON - August 10, 2001
Sangoma Technologies (CDNX: STC), a developer of innovative wide
area network (WAN) connectivity products, appointed the Communications Group
Inc., PR consultants of record, responsible for the Companys PR interests
across Canada and the US. The appointment is effective immediately.
"Based on their knowledge, experience and background servicing high-tech
market clients, TCG was the logical PR partner to help us move forward and generate
strong corporate and product positioning across North America," said David
Mandelstam, CEO, Sangoma Technologies. "They will get the Sangoma name
out there and keep it in the minds of targeted print and broadcast journalists
particularly in the United States."
Founded in 1984, Sangoma develops and manufactures wide area network (WAN) communication
hardware and software products, with an emphasis on the PC platform. The Companys
communication solutions and routing products support all popular WAN networks
and line protocols and all standard PC operating systems and platforms including
Linux, Sun Solaris, Windows, NetWare, FreeBSD and DOS. Sangoma.com is publicly
traded on the Canadian Venture Capital Exchange (CDNX: STC). Visit www.sangoma.com
or call 1-800-388-2475.
The Canadian Venture Exchange has not reviewed or approved the contents of this
press release.
OKI
DATA INTRODUCES THE OKIOFFICE® 87 DIGITAL LED MULTIFUNCTION PERIPHERAL
Four time-saving functions in one space-saving
device added to existing line of OKI Digital LED Facsimile/MFP machines
MISSISSAUGA, ON - August 14, 2001
OKI Data Americas, Inc., announced the newest addition to its line of Digital
LED Multifunction Peripherals, the OKIOFFICE® 87. The new MFP enhances OKI's
line of Digital LED Fax/MFP solutions by providing a wide range of features
and options designed to give professionals and home office users greater efficiency
and value from a single, compact machine.
With a suggested retail price of (CDN)$1,154., the OKIOFFICE 87 provides small
to medium-sized offices the capability of handling all of their document management
needs in one compact, reliable and rugged desktop product. Standard features
include printing, faxing, copying, scanning, and document management all in
one small footprint. Fast print speeds and high-resolution graphic output help
professionals save time without sacrificing quality.
"We wanted to provide end users with the best possible quality and highest
level of output that took up as little space as possible," said Gus Piccin,
Canadian General Manager of OKI Data Americas, Inc. "The OKIOFFICE 87 gives
our customers the ability to remain efficient in today's marketplace in a cost
effective and space-saving manner."
The unit comes standard with a 33.6 Kbps modem that rapidly transmits and receives
faxes while saving the end user expensive phone charges through a decrease in
transmission time. Users benefit from the 100-sheet letter/legal paper storage
capacity, ten (10) one-touch dials, one hundred (100) speed dials and five (5)
group dials. The machine offers true 600 dpi printing for professional-quality
text and crisp, clear graphics at a fast eight (8) pages per minute. Copies
can also be made at a speed of 8 cpm at 300 dpi output. The copy feature includes
25-200per cent reduce/enlarge, 50-page multi-copy capability and 2 and 4-up
copying, allowing users to condense documents while saving paper. Included is
Unimessage Pro xLite document management software. This software enables
text and images to be scanned at up to six (6) seconds per page with 300 dpi
resolution directly into the user's PC via the software's OCR applications.
Scanned images can then be turned into editable files. The document management
software also allows users to fax, copy, and print directly from their PC. Optional
Unimessage Pro and Pro LAN software upgrades allow for internet communication
and network document management.
The newest addition to the OKI line of MFP products, the OKIOFFICE 87 supports
the latest PC platforms and is compatible with Windows® ME/2000/98/95, and
NT® 4.0. Available from OKI dealers across Canada, the OKIOFFICE 87 comes
standard with a One-Year Overnight Exchange Warranty and a 5-Year Limited Warranty
on the LED printhead.
OKI Data operates a seven-day-a-week, 24 hour-a-day toll-free customer service
and technical support line available in the United States and Canada at 1-800
OKI DATA (1-800-654-3282).
About OKI
OKI Data's Canadian headquarters in Mississauga, ON was established in 1986.
Headquartered in Mount Laurel, NJ, OKI Data Americas, Inc., a subsidiary of
OKI Data Corporation of Japan, is a full-line supplier of PC peripheral equipment,
including serial impact dot matrix printers; digital LED page printers, plain
paper multi-function and facsimile products; and a full line of options, accessories
and consumables. OKI Data's entire line of products is in compliance with the
EPA's Energy Star® Program. Oki Electric Industry Co., Ltd., parent company
to OKI Data Corporation, is a $6.3 billion multinational corporation with headquarters
in Tokyo and is a world leader in information processing systems, telecommunications
and electronics. For more information about OKI Data or OKI products and services,
visit the OKI Data Internet Web site: www.okidata.com.
SANGOMA
AND SENECA COLLEGE PROVIDE BREAKTHROUGH IN DATA COMMUNICATIONS EDUCATION FOR
SENECA STUDENTS
TORONTO, ON - August 16, 2001
Seneca College, Canadas largest college and Sangoma Technologies* (CDNX:
STC), a developer of innovative wide area network (WAN) connectivity products,
announced that Senecas Communication Courses are being redesigned to use
Sangoma WAN cards as a teaching tool beginning this fall.
A number of programs in Senecas School of Computer Studies will use Sangomas
technology to provide students with hands-on experience in the data communications
concepts they learn about in their lectures. Sangomas technology will
enhance the way data communications are taught by allowing students to actually
see data packet architecture and monitor data streams.
"By using Sangoma products we have teaching tools to allow students to
work with and understand details of data communication protocols at the most
fundamental level," said Hassan Assiri, Manager, Academic Computing Systems,
Seneca College. "Our students will graduate with an in-depth understanding
of data communications that will have immediate application in the working world."
"We see this as a tremendous opportunity for our company," said David
Mandelstam, CEO, Sangoma Technologies. "Not only is education a significant
new market for us, but we have the added benefit that Senecas graduating
students will have hands-on experience with our products and will make use of
them in their future careers."
*Trading as Sangoma.com, Inc.
About Seneca College
Seneca College of Applied Arts and Technology is the largest college in Canada
with 100,000 full and part-time students on eight campuses across the Greater
Toronto Area. Seneca provides career education and training key to graduate
success in the global economy. Every Seneca program is developed to a high academic
standard, integrated with information technology, combined with technical and
transferable skills, and reinforced by opportunities for ongoing education and
re-training. For more information on Seneca College visit www.senecac.on.ca
About Sangoma
Founded in 1984, Sangoma develops and manufactures wide area network (WAN) communication
hardware and software products, with an emphasis on the PC platform. The Companys
communication solutions and routing products support all popular WAN networks
and line protocols and all standard PC operating systems and platforms including
Linux, Sun Solaris, Windows, NetWare, FreeBSD and DOS. Sangoma.com is publicly
traded on the Canadian Venture Capital Exchange (CDNX: STC). Visit www.sangoma.com
or call 1-800-388-2475.
The Canadian Venture Exchange has not reviewed or approved the contents of this
news release.
NOVATOR
MOVES TO NEW DOWNTOWN TORONTO PREMISES
TORONTO, ON - August 16, 2001
Novator Systems Ltd. has moved its Corporate office to:
364 Richmond St. W., Suite 300, Toronto, Canada M5V 1X6. Telephone: 416-260-5131.
www.novator.com.
Established in 1994, Novator delivers e-commerce software products and professional
services that build profitable online relationships for businesses and their
customers.
The companys operation spans two business units: 1.Commerce Services,
which has a full service capability to clients, ranging from strategy and design
through to engineering and operations. 2.Product Services Mango Moon,
which develops "intelligent" customer interaction software for the
rapidly growing web based CRM market place. Some of Novator's clients include:
FTD Inc. Sony Canada, kanetix and Mellon Bank. More information on Novator's
products and services can be found on their web site: www.novator.com.
C-COM
NAMES MIKE SANGSTER
DIRECTOR, GOVERNMENT AND CORPORATE ACCOUNTS
OTTAWA, ON - August 21, 2001
C-COM Satellite Systems Inc. (CDNX:CMI) of Ottawa has named Mike Sangster Director,
Government and Corporate Accounts.
"Sangster will be responsible for initiating and developing our Government
and Corporate sector customer base. His experience developing and leading accounts
with Canadian Corporations, Federal, Provincial and Municipal Governments will
position us well to take advantage of current and future opportunities in these
markets, " said Leslie Klein, President and CEO,
C-COM Satellite Systems Inc.
Prior to joining C-COM, he held Direct Sales and Government Relations positions
with SNS Systems and Assure Health Inc. before the companies were sold to BCE
Emergis, where he served as Account Executive, eHealth Solutions Group.
Sangster serves on the Ottawa Police Youth Centre Board of Trustees and is a
founding member of the Hill Charity Golf Classic to benefit local children's
charities in Ottawa.
About C-COM Satellite Systems Inc.
C-COM Satellite Systems Inc. is a leader in development and deployment of satellite
based technology that allows the delivery of high-speed Internet services to
fixed (DirecWay*) and mobile (iNetVu**) users. C-COM deployed satellite
based systems, FMA Antenna and Roamer products deliver high quality, cost effective,
solutions for fixed, mobile and transportable applications throughout Canada,
the United States and Caribbean. For more information visit www.c-comsat.com
*DirecWay is a registered trademark of Hughes Network Services.
**iNetVu is a registered trademark of C-COM Satellite Systems Inc.
INQUENT
TECHNOLOGIES TO DELIVER NETIQS WEBTRENDS REPORTING CENTER TO CARRIERS
AND SERVICE PROVIDERS
TORONTO, ON - August 21, 2001
InQuent Technologies Inc., a leading provider of wholesale hosting services
to large Carriers and Service Providers worldwide, announced today, the integration
of WebTrends Reporting Center, NetIQs flagship Web analytics reporting
solution, into InQuents Carrier-class hosting platform.
WebTrends Reporting Center will be launched to InQuents Carrier and Service
Provider customers, providing their end-customers with a fully integrated and
scalable e-business intelligence solution.
WebTrends Reporting Center provides businesses with a complete, graphical overview
of their Web site activity, including demographics, behavior and preferences
of Web visitors, as well as top Web site destination paths, advertising click-through
rates and average Web site hits per day. These statistics translate into enhanced
business performance and increased visitor-to-customer conversion rates.
"Our affiliation with leading technology partners such as NetIQ enables
us to design superior hosting platforms that meet the growing needs of our Carrier
and Service Provider customers, and demonstrates our understanding of Carriers
and Service Providers needs to deliver best-of-breed hosting solutions
to their end-customers." said Ken F. Wilson, InQuents President and
CEO. "WebTrends is a robust e-commerce tool that delivers the scalability
and reliability that our customers and their end-users demand from an e-business
solution."
"We are excited that InQuent has chosen to integrate our flagship reporting
product into their scalable e-business products mix," said Brian Carman,
Director of Hosting & Services, NetIQ Corporation. "NetIQ provides
InQuents Carrier and Service Provider customers with a market-leading
Web analytics solution that best fits their end-users business intelligence
needs."
About InQuent Technologies Inc.
InQuent Technologies Inc. (www.inquent.com) is a leading wholesale provider
of Internet and application hosting to Carriers and Service Providers around
the world. InQuents hosting products and services are built on a carrier-class
hosting platform enabling Carriers and Service Providers to sell and service
profitable, high quality, scalable and reliable products. Founded in September
1997, InQuent is a privately owned corporation headquartered in Toronto, Canada.
SBC Communications Inc. of San Antonio, Texas, is a major shareholder in InQuent
Technologies Inc.
$400
MILLION DEVELOPMENT WILL RISE ON THE ORIGINAL MOLSON BREWERY SITE
Torontos Last Waterfront Site Planned
by H&R Developments and Lifetime Homes
TORONTO, ON - August 22, 2001
The revitalization
of Torontos Waterfront has already begun with the announcement today of
a joint-venture with Toronto-based H&R Developments and Lifetime Homes.
The partnership plans to develop and build Waterparkcity over the next five
years, a $400 million waterfront project on the site of the original Molson
Brewery.
Founded in 1952, H&R is an integrated real estate developer involved in
residential, commercial and industrial building and management in the Greater
Toronto Area. In 1996, H&R established a TSE-listed REIT (TSE:HR.UN). Located
in the heart of Torontos lakeshore, Waterparkcity will be the last major
residential waterfront community to be built on downtown Torontos waterfront.
Bordered by Bathurst and Strachan Streets, just north of Fleet Street, the development
will overlook Coronation Park, Lake Ontario, the Princess Gates and Fort York.
Waterparkcity is part of Torontos $12 billion revitalization program of
46 km of the citys waterfront between the Rouge and Humber Rivers. Development
of the project is expected to generate approximately 5000 person years of employment
when construction begins in Spring 2002.
"The redevelopment of the waterfront is key to Torontos future growth",
said Mark Mandelbaum, Vice President, Land Development, H&R Developments.
"There has been a huge focus on residential development in this area and
because of our projects location and size, Waterparkcity will play an
integral role in the overall revitalization plan," he added.
Waterparkcity will be surrounded by parklands allowing for unimpeded views of
the lake and the city with Coronation Park at the front and Garrison Reserve
Park and historic Fort York in the rear. In addition, a substantial portion
of the site will be greenspace, allowing pedestrian access from Fort York directly
to Coronation Park and the lake.
Four spectacular curved glass towers highlighted with distinctive precast detailing
will accommodate approximately 1,600 residential units. All suites will feature
floor-to-ceiling windows providing almost every suite with panoramic views of
the waterfront or downtown Toronto. Each phase will also house retail space.
A fifth building is planned for the future at the corner of Fleet Street, adding
another 400 units to the project.
This fall, construction will begin on Fort York Boulevard which will run from
Bathurst Street to Lakeshore Boulevard, and will form the north border of the
development. Fort York Boulevard becomes Bremner Boulevard, east of Bathurst,
and extends to the SkyDome, providing a direct access route to the downtown
core and to the Dome.
Units will carry like rent and start at $888/month (including principal, interest
and fees) with a 10% down payment. Prices will range from $99,900 for a 375
square foot suite to about $500,000 for a 1,432 square foot penthouse suite.
The first 30-storey building is designed with a four-storey podium and will
include 4,000 square feet of retail space. This high-rise building will have
334 suites and will be available for sale in October, 2001. Internationally-renowned
Page & Steele Architects, known for their work on the Prince Arthur and
the Windsor Arms, have been retained as the projects design architects.
The 5,000 sq. ft. sales office will reflect the luxury condominiums close
proximity to the lake. Inside, the sales office will feature: a large indoor
pond with a bamboo bridge extending to a vignette featuring a state-of-the-art
kitchen; large aquarium with exotic fish; plus an 820 square foot furnished
model suite decorated by Alex Chapman Design. The Sales Office will open October,
2001.
At Waterparkcity, much attention has been paid to energy conservation. The developers
will introduce a unique new hydro metering system, where each unit will be billed
individually for its own hydro consumption. This system also allows for bulk
metering which makes the hydro very cost efficient. Special monitoring devices
will ensure that the building operates at peak efficiency at all times. Each
suite will also have its own heat pump, allowing owners to control their own
heating and cooling requirements. Waterparkcity will offer a 24-hour Concierge
and a fully wired environment complete with the latest technology for high-speed
internet access and a sophisticated security system.
The Oasis Club, a private recreational, fitness and health facility will encompass
two-storeys plus the landscaped rooftop of an adjoining podium. The club will
include an indoor pool with change rooms, a sauna, spa, exercise room, guest
suite, and business centre. The garden rooftop patio will feature a hot tub,
barbecue area, tanning deck and greenery. A dedicated elevator will provide
rooftop access for residents. The Oasis Club will service the first two buildings
and similar facilities are planned for the last two buildings.
With its affordable pricing, luxury amenities, and proximity to both downtown
Toronto and the some of the citys most popular entertainment attractions
and restaurants, this prime lakefront property will appeal to a diverse market.
"If you are looking to live where the action is - Waterparkcity is for
you. Living here is like having a theatre in your own backyard. Youll
always have front row seats to the Air Show, the Molson Indy, and the CNE and
Ontario Place are only minutes away", said Mandelbaum. "This will
be the last opportunity for purchasers to buy a brand new unit in a beautiful
downtown Toronto waterfront setting," he added.
Other recent H&R projects include The Rosedale, 8 Park Road at Bloor and
Yonge Streets, The Metropole at 7 King Street E., The Palisades and The Old
Mill. Founded in 1986, Lifetime Homes has built more than 20 communities across
the Greater Toronto Area including Bayview Hills in Richmond Hill and the prestigious
Rosedale Manors at Yonge and Summerhill in downtown Toronto.
Sales of the condominium residences at Waterparkcity will be handled by Milborne
Real Estate. Call (416) 203-3700 or visit www.waterparkcity.ca
A jpeg image of the building rendering is available from Carol King at The Communications
Group Inc. by emailing cking@tcgpr.com.
TWO
NEW REAL ESTATE ASSIGNMENTS FOR THE COMMUNICATIONS GROUP INC.
TORONTO, ON - August 23, 2001
WATERPARKCITY for Toronto-based H&R Developments and Lifetime Homes.
Over the next five years, the partnership plans to develop and build WATERPARKCITY,
a $400. million waterfront project on the site of the original Molson Brewery
in the heart of Toronto's lakeshore.
Founded in 1952, H&R is an integrated real estate developer involved in
residential, commercial and industrial building and management in the Greater
Toronto Area. In 1966, H&R established a TSE-listed REIT (TSE:HR.UN).
Ad agency for Waterparkcity is Montana Steel, of Toronto.
ON BOGART POND for Toronto-based THE ROCKPORT GROUP OF COMPANIES.
On Bogart Pond is a 25-acre site at the northwest corner of Leslie St. and Mulock
Dr. in Newmarket, ON, with parklands surrounding the 5-acre Bogart Pond, named
a century ago for the family that owned the local Mill.
Between 1997 and 2001, Rockport developed, marketed, sold, built and delivered
approximately 600 new residences including high-rise condos, retirement residences
and innovative townhomes. The Company has also developed industrial condos,
shopping centres, a self-storage facility and a community of estate homes surrounding
a golf course. For over 40 years, the Company has been part of the growth in
the GTA, with particular focus on Pickering, Scarborough and Newmarket, ON.
Ad agency for On Bogart Pond is G. Ryan Design, of Toronto.
ENCORE
ESTABLISHES CANADIAN RESELLER AGREEMENTS WITH COMPAQ, HEWLETT PACKARD AND IBM
VAUGHAN, ON - August 27, 2001
Encore Asset Services Inc., a division of BSM Technologies
Inc.*, formerly Valu-net Corporation (CDNX: VNE), has established Reseller Agreements
with Compaq Canada Corporation, IBM Canada Ltd. and Hewlett Packard Canada Ltd.
Through these channels and existing relationships with the leasing arms of Compaq,
HP and others, Encore now offers a full range of new, used, end of lease and
open box return technology through a direct sales force and e-commerce portal.
"These agreements allow Encore to offer a unique blend of new and used
technology in a market where businesses and consumers demand the most bang for
their buck," said Keith Pitts, President, Encore Asset Services Inc. "When
a customer connects with Encore, we will assess their needs and recommend a
solution blending new and used products that makes sense financially and technologically.
Not every customer needs the latest system, so savings on refurbished equipment
will be significant."
*The name change is subject to the approval of the Canadian Venture Exchange.
About Encore Asset Services:
Founded in 1997, Encore Asset Services Inc. provides a full suite of asset management
services to technology manufacturers, leasing and rental companies, brokers
and large corporations including remarketing, refurbishment and reconfiguration
services as well as interim storage of their idle computer assets. Streamlined
with its EASI asset reporting and tracking system, Encore provides a full suite
of asset management services on PCs, notebooks, workstations, mid-range
systems, test and measurement equipment and related peripherals such as printers,
plotters, monitors and displays, modems, CD roms and multi-media components.About
BSM Technologies Inc.
BSM Technologies Inc. formerly Valu-net Corporation (CDNX: VNE), and its subsidiaries,
BSM Wireless and Encore Asset Services Inc., provide its customers with a wide
range of asset management, asset tracking and asset monitoring solutions through
traditional and wireless technology. BSM Technologies also provides key business
functionality and defined solutions such as, secure credit card transaction
processing, as well as the development of custom e-business solutions for corporations
seeking to serve their customers better and more cost effectively using an Internet
business model. Learn more about BSM and Encore at http://www.bsmtechnologies.com
and http://www.easi2000.com.
VALU-NET
CORPORATION POSTS CONSECUTIVE PROFITABLE QUARTER
Improving Trend of Second Quarter Continues in
Third Quarter
TORONTO, ON - August 30, 2001
Valu-net Corporation (CDNX:VNE) (BSM Technologies Inc.*) announced its financial
results for the third quarter ended June 30, 2001. Valu-netÅfs operating
margins continue to improve in as shown the following report of a consecutive
profitable quarter in fiscal 2001.
For the period ended June 30, 2001, the company reported consolidated income
of $9,642 compared to a loss of $582,206 for the same period of the previous
year. Cash applied to operating activities in the third quarter of 2001 was
a cash inflow of $37,315, compared to a cash outflow of $307,327 for the same
quarter of 2000. For the nine months ended June 30, 2001, cash outflow applied
to operating activities was $409,963, a significant decrease from cash outflow
of $1,799,142 reported for the same period last year. This improvement in cash
outflow is a result of decisions taken to improve operating performance and
effect profits.
Valu-net will continue to focus its strategy on growing its successful asset
management and asset disposition business. These businesses will be augmented
with new and used equipment sales as technology-related markets recover. In
accordance with this strategy, the company will continue to explore new channels
and examine other acquisition opportunities.
"While many in the industry are reporting losses, we continue to operate
profitably," said Valu-netÅfs CEO, Nick Cirella. "We have relocated
Encore Asset ServiceÅfs operations to Valu-netÅfs head office and
consolidated a number of functions. As a result, we are already realizing multiple
efficiencies in the companyÅfs overall operations."
"Our Q3 performance reinforces the dedication of the executive management
and board of directors to increase value to shareholders," said Dr. Andrew
Nellestyn, Valu-netÅfs chairman of the board. "EncoreÅfs marketing
networks, sales support team and distribution channels are firmly established.
As the economy turns around, we will quickly be able to take a leading position
and capitalize on growth opportunities."
* Valu-net Corporation (CDNX: VNE) shareholders have approved a name change
to BSM Technologies Inc. The name change is subject to the final approval of
the Canadian Venture Exchange. The Canadian Venture Exchange has not reviewed
and does not accept responsibility for the adequacy or accuracy of this release.
About BSM Technologies Inc.
BSM Technologies Inc., formerly Valu-net Corporation (CDNX: VNE), and its subsidiary,
Encore Asset Services Inc., provides its customers with a wide range of asset
management, asset tracking and asset monitoring solutions through traditional
and wireless technology. BSM Technologies also provides key business functionality
and defined solutions such as, secure credit card transaction processing, as
well as the development of custom e-business solutions for corporations seeking
to better and more cost effectively serve their customers using an Internet
business model. Learn more about BSM and Encore at http://www.bsmtechnologies.com
and
http://www.easi2000.com
About Encore Asset Services
Founded in 1997, Encore Asset Services Inc. provides a full suite of asset management
services to technology manufacturers, leasing and rental companies, brokers
and large corporations including remarketing, refurbishment and reconfiguration
services as well as interim storage of idle computer assets. Streamlined with
its EASI asset reporting and tracking system, Encore provides a full suite of
asset management services on PCs, notebooks, workstations, mid-range systems,
test and measurement equipment and related peripherals such as printers, plotters,
monitors and displays, modems, CD roms and multi-media components.
ANOTHER
MONARCH ASSIGNMENT TO THE COMMUNICATIONS GROUP INC.
TORONTO - August 31, 2001
Monarch Construction Ltd. of Toronto has awarded a second PR consulting assignment
to Toronto-based The Communications Group Inc.(TCG), for The Carrington On The
Park, a 414-suite, three-building project beside the Inn On The Park hotel at
Eglinton Avenue East and Leslie Street in Toronto.
Monarch has teamed with the Shiu Pong Group to develop a 5.5 acre site with
suites ranging in size from 667 s.f. to 1,965 s.f. at prices ranging from $176,000
to over $600,000. There are 14 distinctive suite designs.
The Communications Group is currently handling PR for Monarch's Waterview condo
development located on the western shoreline of Toronto's Humber Bay.
Ad agency for The Carrington On The Park is Styles Design of Toronto.
MINTO
ANNOUNCES $300 MILLION PROGRAM
TO BUILD NEW RENTALS IN ONTARIO
TORONTO,ON - September 6, 2001
Minto today announced a major initiative to build 1,500 new rental suites in
Ontario. The first 500 suites, including a 17-storey tower in the heart of Torontos
Yorkville district and 300 attached homes in South Ottawa, are now under construction.
In Toronto, a ground breaking ceremony took place today on what will become
Torontos most luxurious rental residence and the first new upscale apartment
to be built in the City for over 25 years. Minto Yorkville, located at the corner
of Yorkville Avenue and Bay Street, will contain 184 exclusive one, two and
two bedroom plus den suites. Occupancy is anticipated in the Spring of 2003.
In Ottawa, residents recently started taking occupancy of the first 58 two bedroom
terrace homes being built at Jubilee in Chapman Mills. Located in South Ottawa,
a further 250 terrace homes and three bedroom townhomes will start construction
later this Fall and be available for occupancy next Spring and Summer.
A Tradition of Building Quality Rental Housing
"Since 1955, Minto has developed and built more than 14,000 rental suites
in Ottawa and Toronto," says Alan Greenberg, Executive Vice President of
Minto. "Our last rental community was completed in 1988 and were
thrilled to be building rental homes again. There is a huge need for all types
of rental housing in Ontario. Were particularly pleased that different
levels of government have recognized this need and have started taking steps
to create an environment that is conducive for developers to begin building
again."
Those steps include Ontarios Tenant Protection Act, without which these
developments would not have proceeded. They also include provincial regulatory
changes to allow municipalities the option to set realty taxes on new rental
buildings at the same, significantly lower rates enjoyed by home owners. In
addition, the Federal Government recently lowered the GST on new rental construction
from 7 per cent to 4.5 per cent to bring it in line with the rate charged on
new home ownership construction. The Federal government has also introduced
a reduction in the rate for capital gains for calculation of income tax.
Minto wants to invest a further $200 million to build residential rentals in
two proposed Toronto developments: 550 rental suites at Yonge Street and Sheppard
Avenue and 450 rental suites recently announced as part of its Skidmore Owing
Merrill (SOM)-designed development at Yonge Street and Eglinton Avenue. Other
opportunities to build new residential rentals in Ottawa are being actively
explored.
Added Greenberg, "Despite the positive changes to date, more needs to be
done to increase the amount of investment in rentals in Canada and especially
Ontario. Federal tax treatment of rental housing is outdated and not competitive
with other investment vehicles in the capital markets which is completely opposite
to the U.S., where there is considerably more rental investment. Regressive
development charges and property taxation of renters continues in many municipalities.
Zoning approvals are slow and time consuming. When they are added to the recently
increased development charges for new developments, it considerably increases
the cost of bringing new rentals to the market. Finally, higher levels of government
could do more to counteract the declining incomes of the working poor through
shelter allowances or increasing the supply of affordable housing through Low
Income Tax Credit Programmes. Changes in these areas would allow Minto, and
others in our industry, to build more rental homes, to create more jobs and
increase government revenues considerably in the process."
"Our considerable investment in these 500 suites is an indication of our
commitment to start building rental homes again," said Greenberg. "Hopefully,
all three levels of government will continue to work together to make additional
changes to eliminate the excessive taxation and over regulation that has been
imposed on our industry over the past 15 to 20 years so that investors will
start building and offering rental suites at a variety of price points. We look
forward to more ground breaking ceremonies in the future!"
Minto A Backgrounder
Minto is a privately held, fully-integrated real estate company operating in
Ottawa, Toronto and South Florida. The Company has been carrying on real estate
development activities since 1955. Minto controls all facets of development,
from land acquisition through planning, servicing, design, marketing, building
and managing. The Company has developed and built over 50,000 residences, 13,500
of which it continues to own and manage. In addition, Minto manages 6,000 homes
and apartments on behalf of third parties in both Ottawa and Toronto. Minto
also owns and manages a commercial and industrial portfolio of approximately
1.5 million square feet, primarily in Ottawa and Toronto.
GROUND
BROKEN ON TORONTOS
MOST LUXURIOUS RENTAL RESIDENCE IN YORKVILLE
TORONTO, ON - September 6, 2001
Minto today announced a major initiative to build 1,500 new rental suites in
Ontario, including an exclusive building in downtown Toronto, to be called Minto
Yorkville. This 17-storey tower will be Torontos most luxurious rental
residence and the first new upscale apartment to be built in the City for over
25 years.
Ground was broken today on the southwest corner of Bay Street and Yorkville
Avenue, beginning construction of Mintos $60 million residence. Containing
184 one bedroom, two bedroom and two bedroom and den suites, Minto Yorkville
will offer luxury features and finishes usually only seen in the most upscale
condominiums, at rents projected to start at $1,800 per month.
The project is one of several major residential rental initiatives the company
is undertaking in Toronto and Ottawa.
In the heart of Yorkville
Chris Sherriff-Scott, Mintos Senior Vice President said, "With The
Prince Arthur, Minto has established itself as developers of the very finest
condominiums in the heart of the city. Now at Minto Yorkville, we are catering
to those who prefer the benefits of renting to ownership but who demand
a level of design and quality comparable to what we delivered at The Prince
Arthur."
Floors 2 through 12 of the building will offer spacious, open concept, one and
two bedroom apartments, sized from 620 to 1,100 square feet - - many with dens
and all with 9 ceilings. Features and finishes range from hardwood, stone
and ceramic flooring to granite countertops in kitchen and bath, premium appliances
and elegantly appointed master ensuites and walk-in closets.
On floors 13 through 17, there are 25 suites just 5 per floor
including the extra-spacious penthouse residences. Here, the ceilings will rise
a full 10 while sizes range from 1,545 to 2,125 sq. feet large
enough to accommodate the furnishings typical of most single family homes. Some
suites will offer "through views" with both east and west exposures,
allowing residents to "follow the sun" from dawn to dusk.
This collection of suites offer a wide variety of interesting designs. Some
have elegant galley foyers, others feature grand rooms as large as 46
long. All offer gourmet kitchens with top-of-the-line cabinetry and built-in
appliances, some with separate breakfast areas. And with the larger rooms come
extra-high baseboards and interior doors, and generously proportioned ensuites
with double sinks, soaker tubs and separate showers.
Residents who agree to a long-term lease during construction will have an opportunity
to customize their suites to their specifications and preferences an
option that, in recent memory, has not been offered before in a new rental building.
Minto Yorkville will provide superb downtown views including vistas of Yorkville
and Rosedale - as viewed from each suites balcony or terrace and from
its floor-to-ceiling windows.
The ground floor features an entrance off Yorkville Avenue, leading into a boutique
hotel-style lobby, chic and contemporary in its styling and with 24-hour concierge
service. In addition, there will be over 6,000 square feet of upscale retail
shops and services, plus three levels of underground parking to accommodate
residents needs.
Other building amenities include: a multi-purpose/party room equipped with a
full kitchen, and wet bar; an equipped exercise room; a screening room with
large screen TV and home theatre system; and a boardroom.
Minto Yorkville is designed by award-winning Canadian architects Page + Steele.
The construction contract has been awarded to the Aecon Group Inc. (formerly
BFC Construction). The project is scheduled for occupancy in the Spring of 2003.
Minto A Backgrounder
Minto is a privately held, fully-integrated real estate company operating in
Ottawa, Toronto and South Florida. The Company has been carrying on real estate
development activities since 1955. Minto controls all facets of development,
from land acquisition through planning, servicing, design, marketing, building
and managing. The Company has developed and built over 50,000 residences, 13,500
of which it continues to own and manage. In addition, Minto manages 6,000 homes
and apartments on behalf of third parties in both Ottawa and Toronto. Minto
also owns and manages a commercial and industrial portfolio of approximately
1.5 million square feet, primarily in Ottawa and Toronto.
NOVATOR
ONE OF CANADAS FASTEST GROWING TECHNOLOGY COMPANIES IN THE 2001 DELOITTE
& TOUCHE CANADIAN TECHNOLOGY FAST 50
TORONTO, ON - September 2001
Novator Systems Ltd., of Toronto, has been named to Deloitte & Touches
prestigious "Canadian Technology Fast 50" program, a ranking of the
50 fastest growing technology companies in Canada. Rankings are based on the
percentage of growth in revenues from 1996-2000. "Making the Deloitte &
Touche Canadian Technology Fast 50 is an impressive accomplishment, particularly
in uncertain economic times, and we at Deloitte & Touche congratulate Novator
for attaining this honor," said Garry Foster, National Director, Technology
& Communications, Deloitte & Touche.
Novators increase in revenues of 5,221% per cent over the five year-period
of 1996-2000 resulted in their companys ranking. The average increase
in revenues among companies who made the Fast 500 last year was 3,956% per cent.
Companies listed in the "Canadian Technology Fast 50" will learn of
their numerical ranking at an Awards Gala in Toronto on September 20/01.
To qualify for the Deloitte & Touche Canadian Technology Fast 50, companies
must have had operating revenues of at least $75,000 CAD in 1996 and $1,000,000
CAD in 2000, they must be public or private companies headquartered in Canada,
and they must be "technology companies," companies that produce technology,
manufacture a technology product, or devote a high percentage of effort to research
and development of technology.
Winners of the Canadian Technology Fast 50 and 22 regional Fast 50 programs
in the United States are automatically entered in the Deloitte & Touche
Technology Fast 500 program, which ranks North Americas top 500 fastest
growing technology companies.
About Navigator
Established in 1994, Novator delivers e-commerce software products and professional
services that build profitable online relationships for businesses and their
customers.
The companys operation spans two business units: 1.Commerce Services,
which has a full service capability to clients, ranging from strategy and design
through to engineering and operations. 2. Software Products MangoMoon,
which develops "intelligent" customer interaction software for the
rapidly growing Web based CRM marketplace. Some of Novator's clients include
FTD Inc., Sony Canada, kanetix, and Mellon Bank. More information on Novator's
products and services can be found on their Web site: www.novator.com
About Deloitte & Touche
Deloitte & Touche is one of Canadas leading professional services
firms providing a full range of assurance and advisory, tax, and management
consulting services through 5,400 people in more than 44 locations across the
country. Our firms professionals have been developing effective business
solutions for Canadian and international companies for more than 150 years.
We are dedicated to helping our clients and our people excel, and have been
recognized as one of the 35 best companies to work for by the Globe Mails
Report on Business magazine. Deloitte & Touche is part of Deloitte Touche
Tohmatsu, a global leader in professional services with more than 92,000 people
in over 130 countries.
ENCORE
MAKES AN EDEAL TO INCREASE SALES THROUGH E-COMMERCE PORTALS
VAUGHAN, ON - September 11, 2001
Encore Asset Services Inc., a division of Valu-net Corporation* (CDNX:VNE),
has contracted edeal Services Corporation to develop an online auction site
targeted to business and consumer computer purchasers. This e-commerce portal
is being designed to expand Encores market and advance its current sales
strategy.
The new site, www.easibid.com, will allow business and consumer clients to bid
on Encores new, open box , end-of-line and remarketed computer equipment
through a dynamic online auction forum. As part of the agreement, the Encore-branded
site will be linked to the edeal Commerce Network. This Network of online marketplaces
includes Merx, Canadas largest B2B portal to both public and private buyers.
As part of a multi-faceted marketing strategy, Valu-net has also developed an
online store, www.easisales.com, to facilitate the sale of Encores suite
of products. The in-house development team will use CPAC Secure, Valu-nets
proprietary online payment gateway software, to offer secure credit card processing.
Encores online store will give business and consumer clients interactive
tools to find, select and purchase Encore products in real time and at their
convenience.
"We are substantially increasing our visibility and sales channels to make
it easier for all clients to access our products," said Keith Pitts, executive
vice-president, Valu-net Corporation and president, Encore Asset Services Inc.
"Business and consumer clients will now be able to choose the most cost-effective
method of purchasing whether through direct sales, e-commerce or auction.
We anticipate this multi-channel strategy will increase sales and as a result,
increase revenues."
"Edeal welcomes Encore Asset Services, a well-respected player in the computer
remarketing industry, to our private label e-marketplace," said Michael
Grieve, executive vice-president edeal Services Corporation. "We will establish
Encore as an e-commerce leader by providing their clients with an effective
and convenient way to purchase computer equipment."
"Launching these online e-commerce channels is the final step in our asset
management, refurbishing and remarketing strategy," continued Pitts. "We
now offer our asset management clients an entire solution, from warehousing
to reselling, either through intermediaries or direct to the consumer."
Both sites, www.easibid.com and www.easisales.com, will be online and fully
operational by September 30, 2001, with links from Encore and Valu-nets
corporate sites.
* Valu-net shareholders recently approved a name change to BSM Technologies
Inc. Name change is subject to final approval from the Canadian Venture Exchange.
The Canadian Venture Exchange has not reviewed and does not accept responsibility
for the adequacy of this release
About Encore Asset Services Inc.
Founded in 1997, Encore Asset Services Inc. provides a full suite of asset management
services to technology manufacturers, leasing and rental companies, brokers
and large corporations including remarketing, refurbishment and reconfiguration
services as well as interim storage of idle computer assets. Streamlined with
its EASI asset reporting and tracking system, Encore provides a full suite of
asset management services on PCs, notebooks, workstations, mid-range systems,
test and measurement equipment and related peripherals such as printers, plotters,
monitors and displays, modems, CD-roms and multi-media components.
About Edeal Inc.
edeal Services Corp., is a leading Marketplace Service Provider (MSP) that provides
businesses of all sizes with private label e-marketplaces. Focusing on the development
and application of innovative online marketplace technology that allows companies
to either decrease costs, increase product liquidity, generate more revenue,
control distribution channels, or save time, edeal has built patent pending
Web-based dynamic Application Service provider (dASP) software that provides
automated, fast time to market, and completely scalable e-commerce solutions
for businesses. edeal is recognized as one of the world's most advanced online
trading communities by Gomez.com, and is committed to providing business with
increasingly sophisticated tools and services to maximize their online productivity
and enhance their e-commerce strategies. For more information call 416-504-3067
x276 or visit http://www.edeal.com.
AboutValu-net Corporation
Valu-net Corporation (CDNX: VNE) and its subsidiaries, BSM Wireless and Encore
Asset Services Inc., provide its customers with a wide range of asset management,
asset tracking and asset monitoring solutions through traditional and wireless
technology. Valu-net also provides key business functionality and defined solutions
such as, secure credit card transaction processing, as well as the development
of custom e-business solutions for corporations seeking to better and more cost
effectively serve their customers using an Internet business model. Valu-net
shareholders recently approved a name change to BSM Technologies Inc. Name change
is subject to final approval from the Canadian Venture Exchange. Learn more
about Valu-net and Encore at http://www.vncorp.com and http://www.easi2000.com.
OKI®
C7000 AND C9000 COLOUR PRINTER SERIES WIN OVER 20 AWARDS IN NINE MONTHS
Honours Show Fast Growing Global Presence in
Colour Printing
MISSISSAUGA, ON - September 28, 2001
Since their introduction just nine months ago, the OKI® C7000 and C9000
Series colour laser printers have already won over 20 awards from independent
testing facilities and media outlets in numerous countries and regions including
the United States, the United Kingdom, Russia, Australia, Spain, Germany, Norway,
Finland, Sweden and South Africa. The awards range from "Most Innovative
Product" to "Editor's Choice" and "Best In Test."
These printers have garnered prestigious accolades in the United States, including
being named to the PC World Top 10 (March, May, August 2001) and earning two
ZDNet Reviews (June 2001) "Best Buy" awards. Most of the recognition
comes from high print speed, excellent print quality and ease of use.
Single Pass Colour Technology® provides the edge that Oki Data colour products
offer in speed and quality and has helped the line stand out from the pack and
win so many awards. With four in-line digital LED print heads and image drums,
the printers lay down the four colours (CMYK) in one pass, at speeds far surpassing
other laser printers.
"Our Single Pass Colour Technology gives users higher productivity by bringing
affordable, fast colour printing in house, as well as saving time and money
over other laser products1," said Keith Shaw, director LED marketing, Oki
Data. "We are proud that our technology has helped us leap to the forefront
of quality within the colour market. It is an honour to have our colour products
receive the highest praise from around the globe."
Oki Data colour printers can save end users money by completing print jobs that
would normally have to be outsourced. In fact, the total cost of ownership of
OKI C-Series colour printers over a three-year period is 25 to 30 percent lower
than competitors1, making it even more affordable than outside printing services.
1 Total cost of ownership based on street price of printer (from ARS street
price tracking service), list price of consumables (from manufacturer's list
price), average monthly page volume of 2,000, with 14 per cent coverage per
colour (CMYK).
About OKI
Oki Data's Canadian headquarters in Mississauga, ON was established in 1986.
Headquartered in Mount Laurel, NJ, Oki Data Americas, Inc., a subsidiary of
Oki Data Corporation of Japan, is a full-line supplier of PC peripheral equipment,
including serial impact dot matrix printers; digital LED page printers, plain
paper multi-function and facsimile products; and a full line of options, accessories
and consumables. Oki Data's entire line of products is in compliance with the
EPA's Energy Star® Program. Oki Electric Industry Co., Ltd., parent company
to Oki Data Corporation, is a $6.3 billion multinational corporation with headquarters
in Tokyo and is a world leader in information processing systems, telecommunications
and electronics. For more information about Oki Data or OKI products and services,
visit the Oki Data Internet Web site: www.okidata.com.
WORLDCOM AND SUN TEAM TO DELIVER BEST-IN-CLASS MANAGED
HOSTING SOLUTIONS TO BUSINESSES WORLDWIDE
WorldCom managed hosting services earn prestigious
SunToneSM certification
CLINTON, Miss., and PALO ALTO, California -
October 1, 2001
WorldCom (NASDAQ: WCOM), the leading global business data and Internet communications
provider, and Sun Microsystems, Inc. (NASDAQ: SUNW), a leader in Internet computing,
announced an agreement to jointly market and promote global hosting product
and service offerings for enterprise customers. Sun will also become WorldCom's
provider of UNIX® system-based hardware and software for its global network
of data centers.
Under the joint marketing and sales agreement, WorldCom and Sun will team on
sales opportunities, leveraging the combined capabilities, products and services
of both companies. "This agreement enables WorldCom and Sun customers to
rely on the combined strengths of two Internet pioneers that will deliver the
advanced networking and hosting technologies they need with solid confidence
and maximum value," said Ron McMurtrie, vice president of WorldCom Global
e-Services.
WorldCom offers its customers access to the secure, high-performance Sun platform
in its managed hosting data centers in the United States, the United Kingdom,
France, Germany, and Japan. The company will support Sun servers and storage
running on the robust Solaris Operating Environment, as well as iPlanet
Web Server software from iPlanet E-Commerce Solutions, a Sun-Netscape Alliance.
Sun is also providing consulting, service and support to help meet the availability
standards WorldCom customers expect.
Additionally, the agreement allows WorldCom to serve as a reseller of Sun hardware
and software to its Internet colocation customers. This new capability enables
WorldCom to offer its colocation customers a complete, one-stop, single-source
solution for all of their hosting needs.
In related news, WorldCom's comprehensive portfolio of managed hosting services
has earned the SunToneSM Certified quality "seal of approval" from
the SunTone Certification and Branding Program.
Led by Sun, the SunTone program is a collaborative industry initiative providing
customers of Web-enabled services and applications with means to identify providers
meeting the high industry standards for excellence in infrastructure, reliability,
performance, scalability, security and availability. SunTone certification notifies
customers that WorldCom is a source for high-quality managed hosting services.
"The SunTone program is designed to assure customers that every aspect
of a service provider's operations and infrastructure has been thoroughly evaluated
before we attest to its top-quality capabilities," said Tim Dwyer, vice
president of Sun's Industry Solutions Group. "SunTone certification tells
business customers around the world that WorldCom's managed hosting services
meet the industry's exacting standards for performance, reliability and security."
WorldCom's Web hosting offerings include an unparalleled range of comprehensive
solutions from high-end managed hosting to Internet colocation services, meeting
the needs of any enterprise. WorldCom's suite of global Web hosting products
run over the company's award-winning global IP network, through its world-class
data centers located throughout the United States, Europe and Asia Pacific.
Managed Web hosting services are part of the full continuum of advanced data
networking and communications products and services WorldCom provides to business
customers of all sizes around the world.
About WorldCom Group
WorldCom Group (NASDAQ: WCOM) is a preeminent global communications provider
for the digital generation, operating in more than 65 countries with annualized
revenues of more than $20 billion. WorldCom provides the innovative technologies
and services that are the foundation for business in the 21st century. For more
information go to http://www.worldcom.com.
About Sun Microsystems, Inc.
Since its inception in 1982, a singular vision - The Network Is The Computer(TM)
- has propelled Sun Microsystems, Inc. (NASDAQ: SUNW), to its position as a
leading provider of industrial-strength hardware, software and services that
power the Internet and allow companies worldwide to take their businesses to
the nth. With $18.3 billion in annual revenues, Sun can be found in more than
170 countries and on the World Wide Web at http://www.sun.com.
Sun, Sun Microsystems, the Sun logo, SunTone, Solaris, iPlanet and The Network
Is The Computer are trademarks or registered trademarks of Sun Microsystems,
Inc. in the United States and other countries. UNIX is a registered trademark
in the United States and other countries, exclusively licensed through X/Open
Company Ltd. Netscape and the Netscape N logo are registered trademarks of Netscape
Communications Corporation in the U.S. and other countries. Other Netscape logos,
product names and service names are also trademarks of Netscape Communications
Corporation, which may be registered in other countries.
RESCON ANNOUNCES MONARCHS BRIAN
JOHNSTON AS CHAIRMAN AND APPOINTS BUILDINGWORLD OFFICIAL INTERNET AGENT
TORONTO, ON - October 4, 2001
Brian Johnston, the newly elected Chairman of the Residential Construction Council
of Central Ontario (RESCON), an Association of builders representing the interests
of union and non-union residential builders in Central Ontario, announced an
unprecedented new approach to efficiently inform the building industry of key
industry trends and issues.
Builders and other construction workers are often overwhelmed by the demands
of construction, leaving them little time to search for information on web sites.
The partnership created between RESCON [www.rescon.ws] and www.buildingworld.com
allows builders easy online access to information on critical residential construction
issues.
Through www.buildingworld.com, timely and topical construction information is
gathered and emailed weekly at no charge to builders and related industry groups.
The current recipients number 8,000 and growing.
"It is an active information source rather than passive meaning that information
comes to you!" said Richard Lyall, President, RESCON. "Time, and useful
information, are money these days."
Rescon key objectives:
Removal of Legislation and Regulations that Discourage Construction of
Affordable Housing. With a .6% vacancy rate in the GTA, affordable rental housing
is at an all time low and construction of new rental units is the only answer
to end the crisis.
Promoting Innovation in Construction Practices to reduce costs and increase
energy efficiency
Reducing Red Tape in Building Codes, Technical Standards and Procedures
Promoting Sensible Construction Health and Safety Enforcement and WSIB
Reforms
Working with Sub-Trade Associations to Expand Labour Supply, Training
and Apprenticeship critically needed to sustain future buildingBrian Johnston,
President of Monarch Development Corporation of Toronto will lead RESCON as
the voice of the residential construction industry in Central Ontario.
Johnson joined Monarch in 1984 serving in a number of senior management positions
including Assistant Controller, Controller, Treasurer, Vice President, Director
and Executive Vice President. He was previously with Price Waterhouse (now Pricewaterhousecoopers).
Johnston is a Chartered Accountant and holds a B.COMM from the University of
Toronto.
About RESCON
RESCON is a council of builders which acts as the voice of the residential construction
community to the news media on residential construction issues concerning including:
affordable housing, red tape, productivity, labour supply and training, government
housing policies affecting the construction industry and construction health
& safety and WSIB reform issues.
New OKIPOS® 425 Series Printers Offer Multifunction
Productivity at the Point of Transaction
MISSISSAUGA, ON - October 9, 2001
Oki Data Americas, Inc., announced the addition of the OKIPOS® 425 Series
multifunction printer to its industry-leading line of impact printers. Users
that require slip printing, receipt printing, an independent audit journal,
MICR reading, check validation, and tractor fed forms printing of 8.5"
inches wide or less can now execute all these applications on one machine.
"Our customers will benefit from the multi-task solutions that the new
OKIPOS 425 Series provides, while also enjoying a very low total cost of ownership,"
said Gus Piccin, Canadian General Manager, Oki Data. "All of the Series
features are designed to offer years of dependability and easy maintenance,
helping keep cost down over the lifetime of the product."
In addition to cost effectiveness, speed and reliability are critical to every
POS countertop transaction. The OKIPOS 425 Series printers produce receipts
at speeds of up to 387 cps (in high speed draft mode) and are rated for 50,000
20-line transactions a year. The Series offers the only point of transaction
devices in its market category that have front push tractor feeds, letting the
printers process slips, checks and continuous forms quickly.
The printers are also equipped with a rugged, user-replaceable 9-pin SIDM printhead
the same one found in the Tank-Tough® OKI® ML320 Turbo, North
America's top rated impact printer1. The printhead also provides an auto-gapping
capability allowing the printer to automatically adjust to paper of varying
thickness, ensuring clear printing even on 5-part slips or cut-sheet forms.
The 425S model offers two-ply carbonless roll-paper journal take-up. In addition
to single receipt printing, the 425D unit enables transaction recording via
independent audit journal take-up and comes equipped with an auto-cutter for
receipts. Both models can be factory configured with a MICR (CMC-7 / E13B) reader.
All Series models can print roll paper in 69.5mm or 76.2mm and the OKIPOS 425S
Series holds up to 100mm in diameter so fewer user interventions are required
to refill paper.
The OKIPOS 425 Series offers all the aforementioned features on its entire line.
The line includes four versions of a journal take-up model and four versions
of an independent audit journal model.
1 Based
on April 2001 reports from IDC (U.S.) and Evans Research (Canada).
About OKI: Oki Data's Canadian headquarters in Mississauga, ON was established
in 1986. Headquartered in Mount Laurel, N.J., Oki Data Americas, Inc., a subsidiary
of Oki Data Corporation of Japan, is a full-line supplier of PC peripheral equipment,
including serial impact dot matrix printers; digital LED page printers; plain
paper multifunction and facsimile products; and a full line of options, accessories
and consumables. Oki Data's entire line of products is in compliance with the
EPA's Energy Star® Program. Oki Electric Industry Co., Ltd., parent company
to Oki Data Corporation, is a $5.9 billion multinational corporation with headquarters
in Tokyo and is a world leader in information processing systems, telecommunications
and electronics. For more information about Oki Data or OKI products and services,
visit the Oki Data Internet Web site: www.okidata.com.
VALU-NET CORPORATION ANNOUNCES COMPLETION OF NAME CHANGE
TO BSM TECHNOLOGIES
VAUGHAN, ON - October 9, 2001
Valu-net Corporation (CDNX:VNE) announced that the name change of the company
to BSM Technologies Inc. has been completed. The common shares of BSM Technologies
Inc. will now trade on the CDNX under the symbol "BSM", effective
immediately.
The new name and corporate image were adopted to better reflect the direction
of the company and encompass BSM Technologies' strategic entry into the asset
management and wireless industries.
"BSM Technologies is about using technologies, including e-commerce and
wireless, to enable businesses to reach and deliver on their market potential,"
said Nick Cirella, chief executive officer, BSM Technologies Inc.
The name change was passed by shareholders at the company's Annual General Meeting
on July 12, 2001, pursuant to a special resolution. The name change has been
approved by the Canadian Venture Exchange.
About BSM Technologies Inc.
BSM Technologies Inc. (CDNX:BSM) and its subsidiaries, BSM Wireless and Encore
Asset Services Inc., provide its customers with a wide range of asset management,
asset tracking and asset monitoring solutions through traditional and wireless
technology. BSM Technologies also provides key business functionality and defined
solutions such as, secure credit card transaction processing, as well as the
development of custom e-business solutions for corporations seeking to better
and more cost effectively serve their customers using an Internet business model.
Learn more about BSM Technologies and Encore at http://www.bsmtechnologies.com
and http://www.easi2000.com. Sign up to receive news about the company at http://www.bsmtechnologies.com/news/bsm_currentpress.asp.
The Canadian Venture Exchange has not reviewed and does not accept responsibility
for the adequacy of this release.
Penguin Computing and Sangoma Partner to Provide Integrated
Routing Solutions
Sangoma WAN cards to be available in Penguin
Computing solution offerings
San Francisco, California - October 11, 2001
Penguin Computing Inc., the first company that is "Simplifying the Solution
Process" by removing the complexity involved in developing and deploying
fully customized, Linux-based solutions, and Sangoma Technologies* (CDNX: STC)
of Markham, Canada, a developer of innovative wide area network (WAN) connectivity
products, today announced an agreement to include Sangoma WAN cards in Penguin
Computing's routing solutions.
Routing solutions from Penguin Computing supply customers with Sangoma's integrated,
cost-effective wide area networking capabilities while providing vital WAN interface
services including DNS, VPN, DHCP, Web caching and Web firewalling. Factory
customization and professional services are available to customers via Penguin
Computing's patent-pending STS technologies.
Penguin Computing's routing solution has already been successfully deployed
by Rotech International to construct a nation-wide WAN for comprehensive Medicare
billing. Rotech's system links a complex network of pharmaceutical companies
over Frame Relay, providing a means with which to centralize and process data.
"For Rotech, Penguin Computing's routing solution has not only radically
out-performed traditional high-end routers, it has done so at a fraction of
the cost," said Albert Prast, CIO of Rotech. "There is no question
that this solution will be a hot item in the industry."
"Penguin Computing continues to expand its offerings for internet infrastructure
operations, and networking communications is an important aspect of this effort"
aid Marty Seyer, CEO of Penguin Computing. "We are now prepared to offer
solutions that include Sangomas integrated T1, E1, 56k and serial support,
with easily managed, robust connections over Frame Relay, PPP HDLC and X.25
links."
"We see our association with Penguin Computing as a key element in our
strategy to provide superior connectivity solutions to our customers,"
added David Mandelstam, CEO of Sangoma.com. "We chose to work with Penguin
Computing because they are far ahead of the curve--no company is better suited
to be the provider of these solutions."
* Trading
as Sangoma.com, Inc.
About Penguin Computing
Penguin Computing Inc. (http://www.penguincomputing.com) is the first company
that is Simplifying the Solution (STS) process by removing the complexity involved
in developing and deploying fully-customized, Linux-based solutions. Founded
in 1998 by Open Source advocate Sam Ockman, Penguin Computing is based in San
Francisco, California and is privately held.
IDC predicts that the market for Linux servers will reach 1.9 million units
by 2004, which Penguin Computing estimates to be equivalent to $5.7 billion.
Penguin Computing pursues this emerging market by delivering fully integrated
infrastructure solutions, professional services and support through cutting
edge customization capabilities.
About Sangoma
Founded in 1984, Sangoma develops and manufactures wide area network (WAN) communication
hardware and software products, with an emphasis on the PC platform. The Company's
communication solutions and routing products support all popular WAN networks
and line protocols and all standard PC operating systems and platforms including
Linux, Sun Solaris, Windows, NetWare, FreeBSD and DOS. Sangoma.com is publicly
traded on the Canadian Venture Capital Exchange (CDNX: STC). Visit www.sangoma.com
or call 1-800-388-2475.
The Canadian Venture Exchange has not reviewed or approved the contents of this
news release.
C-COM TEAMS WITH INFINITY HERITAGE TO OFFER DIRECWAY
HIGH-SPEED INTERNET FOR FIRST NATIONS
OTTAWA, ON - October 17, 2001
C-COM Satellite Systems Inc. (CDNX: CMI) announced a strategic partnership with
Toronto based Infinity Heritage Technologies Inc., to bring C-COM supplied DirecWay
2-Way High Speed Satellite Internet service to First Nation and remote communities.
Customers can now purchase the 2-Way High Speed Satellite System directly from
Infinity Heritage.
Together, the two companies will offer a wide range of cost-effective High-Speed
Internet services for First Nation and remote users throughout Canada.
"First Nation communities will find tremendous benefit in our DirecWay
solutions for both Commercial and SOHO applications," said Leslie Klein,
President and CEO, C-COM Satellite Systems Inc.
"Infinity Heritage has more than ten years of IT experience with First
Nations and has earned the respect of communities across Canada" said Don
Barraclough, President, Infinity Heritage Technologies Inc. "The need for
a lower-cost alternative for high-speed Internet in remote areas is crucial
and our partnership with C-COM allows us to become the premier solutions provider
for 2-Way High Speed Internet Satellite services for First Nation and remote
communities."
About C-COM Satellite Systems Inc.
C-COM Satellite Systems Inc. is a leader in development and deployment of satellite
based technology that allows the delivery of high-speed Internet services to
fixed (DirecWay) and mobile (iNetVu) users. The companys satellite
based systems deliver high quality, cost effective solutions for fixed, mobile
and transportable applications throughout Canada, the United States and Caribbean.
More information is available at: www.c-comsat.com
About Infinity Heritage Technologies Inc.
Infinity Heritage Technologies is an aboriginal-owned, full service information
technology (IT) consulting firm that has been providing innovative technology
solutions for more than ten years to remote and First Nation communities. More
information is available at: www.heritagetechnologies.com
DirecWay
is a registered trademark of Hughes Networks Systems Inc.
iNetVuis a registered trademark of C-COM Satellite Systems Inc.
The Canadian Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
SANGOMA TECHNOLOGIES ANNOUNCES WAN CARDS WITH
BUILT IN 56/64KBPS DDS AND E1/T1 DSU/CSU SUPPORT
No other hardware required: Sangomas
newest WAN cards provide complete solution
MARKHAM, ON - November 8, 2001
Sangoma Technologies Corporation (CDNX: STC) of Markham, Canada, a developer
of innovative wide area network (WAN) connectivity products, today announced
the addition to its product line of the S514/ET1 and S514/56 cards with integral
DSU/CSU Telco interfaces.
Sangoma Technologies two new cards extend its product range for the WANPIPE
routing solutions by providing complete 'inside the box' WAN connectivity to
56/64kbps DDS line users worldwide, and E1 line users outside of North America.
Because the cards include the full Telco DSU/CSU interfaces, the users
Server itself plugs directly into the Telco demarc.
"Sangoma has provided complete T1 WAN card solutions for some time,"
said CEO David Mandelstam. "The S514/56 card now allows us to simplify
the connections of the many thousands of users of 56kbps lines, most of whom
use Frame Relay for internal company WAN connections. The S514/ET1 will do the
same thing for international users of E1 lines."
Marcel Desdier, Engineering Manager for the ANVLConformance Testing product
at Empirix Inc. said, "We use Sangoma products for synchronous interface
support in our ANVL test suites. The S514/ET1 allows us to support our T1 and
E1 customers without the need for additional interface hardware."
About SANGOMA
Founded in 1984, Sangoma develops and manufactures wide area network (WAN) communication
hardware and software products, with an emphasis on the PC platform. The Company's
communication solutions and routing products support all popular WAN networks
and line protocols and all standard PC operating systems and platforms including
Linux, Sun Solaris, Windows, NetWare, FreeBSD and DOS. Sangoma.com is publicly
traded on the Canadian Venture Capital Exchange (CDNX: STC). Visit www.sangoma.com
or call 1-800-388-2475.
The Canadian Venture Exchange has not reviewed or approved the contents of this
news release.
SANGOMA FILES FIRST QUARTER 2001-2002 REPORT (UNAUDITED)
Net income of (Cdn) $187,649 on sales of (Cdn)
$708,179 for the Quarter
MARKHAM, ON - November 13, 2001
Sangoma Technologies Corporation, formerly sangoma.com, Inc. (CDNX: STC), a
developer and manufacturer of PC WAN connectivity cards today reported net income
of (Cdn) $187,649 on sales of (Cdn) $708,179 (unaudited) for the First Quarter,
ended September 30, 2001. Sangoma enjoyed its first profitable Quarter in a
year.
Sales for the First Quarter, (Cdn) $708,179 (unaudited), generated a gross profit
of (Cdn) $505,394 (unaudited) and an income from operations of (Cdn) $196,694
(unaudited). After provision for income taxes, the net income for the Quarter
was (Cdn) $187,649 (unaudited) or (Cdn) $0.0070 (unaudited) per share. For detailed
financial information, see http://www.sangoma.com/113001.pdf, or on the SEDAR
website at http://www.sedar.com.
Sangoma continued to improve financial performance in the three months ended
September 30, 2001. Gross margins improved from an average of 62 per cent for
the year ended June 30 2001 to 71 per cent for the Quarter. Working capital
increased by over 10 per cent during the Quarter.
About Sangoma
Founded in 1984, Sangoma develops and manufactures wide area network (WAN) communication
hardware and software products, with an emphasis on the PC platform. The Company's
communication solutions and routing products support all popular WAN networks
and line protocols and all standard PC operating systems and platforms including
Linux, Sun Solaris, Windows, NetWare, FreeBSD and DOS. Sangoma.com is publicly
traded on the Canadian Venture Capital Exchange (CDNX: STC). Visit www.sangoma.com
or call 1-800-388-2475.
The Canadian Venture Exchange has not reviewed or approved the contents of this
news release.
TIS THE SEASON TO GIVE THE GIFT
OF SIZZLE
Ruths Chris E-Card: The Gift thats always
in Good Taste
TORONTO, ON - November 15, 2001
This year, take a bite out of your Holiday Season shopping list and give the
gift of sizzle with a Ruths Chris Steak House E-Card.
Like a gift certificate, the electronic gift card is a handy, wallet-sized debit
card that can be purchased for any amount and can be used at any of Ruths
Chris locations in Canada and the US for dinner or lunch. This flexible, lightweight
and easy-to-use card doesnt have an expiry date so it can be kept in a
wallet or purse until the holder is ready to dine.
Award-winning Ruths Chris Toronto serves dinner Sunday to Wednesday from
5:00 pm to 10:00 pm and Thursday to Saturday from 5:00 pm to 10:45 pm. Lunch
is served Thursday and Friday from 11:30 am to 2:30 pm. Starting December 3
through December 21/01, lunch will be served Monday to Friday.
To order an E-card, call (416) 955-1455 or visit Ruths Chris -Toronto
located in the Toronto Hilton Hotel.
About Ruth's Chris-Toronto
Ruth's Chris-Toronto is located in the Toronto Hilton Hotel, 145 Richmond Street
West. Headquartered in New Orleans, Louisiana, USA, Ruths Chris Steak
House was founded by Ruth Fertel in 1965. The largest upscale steak house chain
in the world, Ruths Chris specializes in aged, corn-fed USDA Prime beef,
broiled at high temperatures to sear in the natural flavour, and served sizzling
on a heated plate to keep each steak hot and juicy to the last bite. Ruths
Chris Steak House restaurants are in 80 locations across North America, the
Caribbean and the Far East. Visit www.ruthschris-toronto.com.
COLOUR PRINTER EVAL OPPORTUNITY
Experience First Hand What Critics are Calling
"Most Innovative Product"
MISSISSAUGA, ON - November 22, 2001
Oki Data has a limited number of C9000 colour printers available for review
and invites you to experience first-hand the benefits of Single Pass Colour
Technology®. Since its introduction only nine months ago, the OKI C9000
Series of colour printers have won many international awards. Most of the recognition
comes from high speed print, excellent print quality and ease-of-use.
Powered by the OKI Single Pass Colour® engine, the OKI C9000 Series prints
full-colour at an industry-leading speed of 21 pages per minute (ppm), compared
to competitive laser products that average only 6 ppm for colour. Clear, sharp
monochrome output is printed as fast as 26 ppm. Print speeds for tabloid-extra
paper is an astonishing 11 ppm for colour and 14 ppm for monochrome. Deadline-driven
industries, such as engineering, architecture and graphic design, now have colour
printing technology that both addresses their speed requirements and accommodates
all their paper handling needs.
To arrange for an OKI C9000 printer for evaluation, contact Beth Merrick or
David Eisenstadt at (416) 696-9900.ABOUT OKI
Oki Datas Canadian headquarters in Mississauga, ON was established in
1986. Headquartered in Mount Laurel, N.J., Oki Data Americas, Inc., a subsidiary
of Oki Data Corporation of Japan, is a full-line supplier of PC peripheral equipment,
including serial impact dot matrix printers; digital LED page printers; plain
paper multifunction and facsimile products; and a full line of options, accessories
and consumables. Oki Data's entire line of products is in compliance with the
EPA's Energy Star® Program. Oki Electric Industry Co., Ltd., parent company
to Oki Data Corporation, is a $6.3 billion multinational corporation with headquarters
in Tokyo and is a world leader in information processing systems, telecommunications
and electronics. For more information about Oki Data or OKI products and services,
visit the Oki Data Internet Web site: www.okidata.com.
C-COM PROVIDES 2-WAY HIGH-SPEED INTERNET
ACCESS BY SATELLITE TO FIRST ABORIGINAL SCHOOL IN RURAL ONTARIO
OTTAWA, November 27, 2001
C-COM Satellite Systems, Inc. (CDNX: CMI) has connected the first aboriginal
school in Canada with 2-Way High-Speed Internet Access Service (DIRECWAY).
Students and teachers at Titotay Memorial School in Cat Lake, Ontario (350Km
North of Sioux Lookout) are now able to access the information highway at high-speed
without the use of a telephone connection.
The schools only Internet connection prior to installing the C-COM system
was via a low-speed satellite telephone. With the 2-Way C-COM networked solution,
up to 20 students and teachers are able to connect to the Internet at high-speed
simultaneously using a single antenna.
"The multi-user 2 Way High Speed Internet solution delivered to Titotay
Memorial School in Cat Lake is a perfect example of the type of service C-COM
can deliver to many rural and remote schools across the country. Schools across
Canada without access to cable or DSL services now have the option to get high-speed
Internet into their classrooms at cost effective rates and offer students the
same opportunity presently available in large metropolitan area schools,"
said Leslie Klein, President and CEO of C-COM Satellite Systems Inc.
"C-COM supplied DIRECWAY has become an important educational tool
at our school," said Roger Pavey, Principal of Titotay Memorial School.
"Students and teachers use the Internet to perform research and connect
to other educational institutions for exchange of information and resources."
About C-COM Satellite Systems, Inc.
C-COM Satellite Systems, Inc. is a leader in development and deployment of satellite-based
technology that allows the delivery of high-speed Internet services to fixed
(DIRECWAY) and mobile (iNetVu) users. The companys satellite-based
systems deliver high-quality, cost-effective solutions for fixed, mobile and
transportable applications throughout Canada, the United States and the Caribbean.
More information is available at: www.c-comsat.com
DIRECWAYis
a registered trademark of Hughes Electronics Corporation.
iNetVuis
a registered trademark of C-COM Satellite Systems, Inc.
All other logos/names are trademarks of their respective companies.
The Canadian Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.
OKI DATA INTRODUCES OKIFAX® 5780 AND 5980 DIGITAL
LED FACSIMILE WORKGROUP SOLUTIONS
Advanced Features, Variety of Upgrade Options
Ideal for Demanding Environments
MISSISSAUGA, ON - November 28, 2001
Oki Data Americas, Inc. has introduced the OKIFAX® 5780 and 5980 plain paper
facsimiles. Both are full-featured fax solutions for today's high-volume offices
that demand fast, powerful and reliable faxing to manage increased workloads
and changing business needs.
The OKIFAX 5780 and 5980 come standard with a 33.6 Kbps modem with JBIG compression,
providing accelerated page transmission times a fast 2.5-seconds per page
which helps end users save time and telephone connection charges by handling
large file sizes and complex graphics quickly and easily. The unit also boasts
a 1.5-second scan speed and dual access (ability to perform two functions simultaneously)
allowing users to spend more time on important tasks, and less time waiting
for documents to be sent.
Suggested retail price for the OKIFAX 5780 (CDN) is $ 4199. and $5069. for the
OKIFAX 5980. While other faxes scan at 200 dpi to 400 dpi, the OKIFAX 5780 and
5980 scan, transmit, and receive documents at a crisp 600 dpi by utilizing the
OKI® HRS 600 High Resolution Scan feature with 8 MB of memory. This feature
is standard on the OKIFAX 5980 and optional on the OKIFAX 5780.
Up to 1,000 pages can be stored by the OKIFAX 5980's 12.5 MB of standard memory,
which is supported by a 72-hour battery backup that ensures faxes are not lost
during a power failure. The OKIFAX 5780 comes standard with 2.5 MB of memory
and has the ability to scan and store up to 840 pages when the optional 8 MB
memory upgrade is installed.
The OKIFAX 5780 and 5980 also boast new high-capacity toner that prints over
5,000 pages at five (5) percent coverage, helping end users save on the cost
of consumables. This new high-capacity toner was specifically designed for use
with the OKIFAX 5780 and 5980 and is not compatible with any other OKI facsimile
or printer model.
"The OKIFAX 5780 and 5980 offer high-quality facsimile solutions for a
multitude of business applications in the most demanding industries. Medium
to large businesses can complete a wide variety of large-scale facsimile jobs
quicker and at a lower cost than with competitive fax machines," said Gus
Piccin, OKIS Canadian General Manager. "Our advanced features combined
with a variety of optional upgrades allows businesses, particularly in the legal,
insurance, and financial industries to customize the OKIFAX 5780 and 5980 to
their own individual needs."
The OKIFAX 5780 and 5980 can easily grow and change along with the needs of
today's rapidly evolving businesses through numerous options, including the
G3 Dual Line Kit, the T.37 Internet/LAN fax kit and the T.38 "Real-Time"
Internet Fax Kit. The Dual Line option allows a second telephone line (33.6
Kbps) for simultaneous transmissions and receptions, doubling fax productivity
without adding additional devices.
The T.37 Internet Fax/Network Printer Kit offers the ability to send fax-transmissions
over the Internet as e-mail attachments and turns the unit into a network-ready
600 dpi printer, creating a fast, cost-effective product ideal for high-volume
workgroups. With the T.38 Internet Fax Kit, documents are scanned, transmitted,
received, and confirmed (in real time) via IP addresses, eliminating long distance
phone charges and the need for additional analog lines.
Purchase of the Unimessage ProLAN software for the OKIFAX 5780 and 5980 can
allow up to five users to access the fax machine through a host PC on a network.
The OKIFAX 5780 can also be upgraded with a Unimessage Pro MFP Kit which allows
the user to print, PC fax, copy and scan directly from the desktop, offering
a true multifunctional product capability.
Other benefits of the OKIFAX 5780 and 5980
include:
Error-reducing automatic dialing and time saving features. Program 80
one-touch, 150 speed dial codes, and 20 groups (up to 250 locations) on the
OKIFAX 5980. Program 40 one-touch, 100 speed dial codes, and 20 groups (up to
160 locations) on the OKIFAX 5780.
Confidential transmit/receive, 16 mailboxes for confidential communication
that can only be accessed by a PIN code.
QWERTY keyboard that doubles as a one-touch auto dialing keyboard and
allows quicker input of names, numbers and IP addresses.
Backup file feature automatically sends a copy of all faxes sent and
received to a predetermined fax number or e-mail address.
Program up to 99 department codes for easy tracking of receptions and
transmissions by department.
Fast 10ppm printing with up to 600 dpi print/scan resolution.
The OKIFAX 5780 and 5980 are Environmental Protection Agency Energy Star®
compliant, signifying low power usage by computers and peripherals. The Power
Save Mode automatically reduces power usage when inactive, while the Toner Save
Mode can be programmed for more economical toner usage.
Availability, Warranty, and Customer Support
Available through OKI® authorized dealers. Each product comes with 90 days
on-site service, a one (1) year limited warranty on parts and the industry's
only five (5) year LED printhead warranty.
Oki Data operates a seven-day-a-week, 24 hour-a-day toll-free customer service
and technical support line providing a single point of contact for all customer
support. This service is available in the United States and Canada at 1-800
OKI DATA (1-800-654-3282). Oki Data is the only facsimile manufacturer offering
this type of warranty and service to its customer.
The OKIFAX 5780 and 5980 are supported by an extensive nationwide network of
Oki Data Authorized Dealer Service Centers throughout North America. These centers
provide on-premise service at over 2,000 sites in the United States and Canada,
enabling Oki Data dealers to offer full warranty and after-warranty support
to their customers.
About OKI
Oki Datas Canadian Headquarters in Mississauga, ON was established in
1986. Headquartered in Mount Laurel, N.J., Oki Data Americas, Inc., a subsidiary
of Oki Data Corporation of Japan, is a full-line supplier of PC peripheral equipment,
including serial impact dot matrix printers; digital LED page printers; plain
paper multifunction and facsimile products; and a full line of options, accessories
and consumables. Oki Data's entire line of products is in compliance with the
EPA's Energy Star® Program. Oki Electric Industry Co., Ltd., parent company
to Oki Data Corporation, is a $5.9 billion multinational corporation with headquarters
in Tokyo and is a world leader in information processing systems, telecommunications
and electronics. For more information about Oki Data or OKI products and services,
visit the Oki Data Internet Web site: www.okidata.com.
MONARCH CONSTRUCTION UNVEILS NEW CORPORATE
IDENTITY
New Look, New Image for One of Canadas Oldest
Real Estate Companies
TORONTO, ON - December 3, 2001
For only the third time in its 84 year history, Toronto-based Monarch Construction
Limited is changing its corporate look. Monarch, a member of the Taylor Woodrow
Group, a UK-based organization (LSE: TWOD), today unveiled its new logo as part
of the Companys brand strategy and corporate identity program being launched
internationally.
In business since 1917, Monarch is one of Torontos largest builders of
highrise condominiums and single family homes, with over 25 projects currently
under development in Canada. Headquartered in London, England, Taylor Woodrow
has significant housing operations in the UK, United States, Canada, Spain and
Australia.
Extensive research conducted with employees, business clients, and consumers
revealed that the previous four-figure corporate logo had a great deal of equity
amongst stakeholders, yet didnt reflect the current market position of
the companys focused business.
"We have evolved our traditional red four-figure logo to create a more
up to date symbol of Monarch as a modern business in tune with our customers
needs," said Brian Johnston, CA, Monarch's President. "We believe
the redrawing of our logo and name is a significant and modern change, while
still retaining a clear link with our heritage."
According to Johnston, "as part of the planning process in rolling out
the new logo there was some internal debate as to whether we keep the Monarch
name. What became clear in these discussions is that the name is extremely well-respected
and well known in Monarchs core markets in the Greater Toronto Area, Kitchener
and Ottawa.
"Our corporate identity program is being implemented worldwide providing
one uniform and consistent look across all Taylor Woodrow companies. This new
look will be seen on all advertising, marketing collateral, company websites,
signage, stationary, and all other business materials. The program is scheduled
for completion in March 2002", added Johnston.
About Monarch Construction Limited
One of Canadas oldest real estate companies, Monarch is a diversified
real estate company whose major focus is new home construction and residential
land development in Ontario. Founded in Toronto in 1917, Monarch is a member
of the Taylor Woodrow Group. Visit www.monarchgroup.net.ABOUT TAYLOR WOODROW
Taylor Woodrow is a publicly traded (LSE:TWOD), UK-based organization engaged
internationally in housing, property development and construction employing
more than 6,000 people worldwide. Visit www.taylorwoodrow.com.
Monarch logos are available as colour prints
or jpegs by contacting:
Sasha Annibale sannibale@tcgpr.com
The Communications Group Inc.
416-696-9900
SIMON WIESENTHAL CENTER CONDEMNS CANADA'S VOTE
AT GENEVA CONVENTION MEETING
LOS ANGELES, CA - DECEMBER 6, 2001
"Canada should be embarrassed and ashamed for what clearly is a ganging-up
on Israel," said Rabbi Abraham Cooper, Associate Dean, Simon Wiesenthal
Center.
"The recent Geneva Convention meeting has unfairly and unashamedly criticised
Israeli policies while ignoring the most recent horrific murders instigated
by the Palestinians.
"When this meeting was called, it was clear that 'the fix was in'. So much
so, that not only did Israel, the U.S. and Australia declare weeks ago that
they wouldn't attend, but numerous other countries stayed away.
"That Canada attended would have been commendable, had the Canadian Government
made it clear that it would not allow one-sided resolutions to pass. That, though,
did not occur."
WORLDCOM & DIGEX UNVEIL MANAGED HOSTING SOLUTIONS
FOR SMALL TO MID-SIZE BUSINESSES WORLDWIDE
Managed Express Hosting Meets
Growing Demand for Affordable,
High Performance Web & Application Hosting Services
CLINTON, Miss., and LAUREL, Md - December 11,
2001
WorldCom (NASDAQ: WCOM), the leading global business data and Internet communications
provider, and its affiliate Digex (NASDAQ: DIGX), the leading managed hosting
provider for business on the Internet, today announced the introduction of Managed
Express Hosting. A new global managed Web and application hosting portfolio
developed to meet the unique, growing demands of small to medium-size enterprises
(SMEs), Managed Express Hosting also addresses the departmental Web requirements
of larger enterprises.
Managed Express Hosting offers the features and benefits of secure, high performance
hosting solutions at a moderate price leveraging the advanced technology,
engineering, network facilities, and business practices that have made the WorldCom-Digex
affiliation a leader in the global high-end managed hosting space. Managed Express
allows enterprises to benefit from the time and cost savings of outsourced managed
hosting, utilizing only the features and functions they need today, while maintaining
the flexibility to expand the functionality of their hosted Web sites and applications
as their business grows.
Offered in 12 different configurations, with base prices ranging from (U.S.)
$1,320 to $2,500 per month, all Managed Express Hosting solutions are available
immediately in the United States, Canada and the U.K. The portfolio will be
introduced to enterprise customers in France, Germany and Japan in the first
quarter of 2002.
Each fully-managed, pre-configured solution comes complete with a defined set
of features including: hosting, security, connectivity and infrastructure, as
well as Web, database and server administration. Managed Express also offers
an online customer care portal and 24x7 multi-lingual technical service and
support all backed by service level guarantees. In addition, customers
have a wide range of defined optional services to tailor their solution to their
individual needs, providing higher levels of administration, security, support,
performance, usage monitoring, reporting, and data recovery.
The WorldCom-Digex Managed Express Hosting solutions are based on industry-leading
technologies, including the Microsoft Windows 2000 and Sun Solaris operating
systems, Compaq and Sun servers, and Microsoft and Oracle database software.
"Until now, small and mid-size businesses havent had access to the
type of sophisticated managed hosting solutions that WorldCom and Digex routinely
provide to larger enterprises," said Ron McMurtrie, vice president of WorldCom
Global e-Services. "That isnt the case any longer. Managed Express
Hosting will allow them to rapidly and affordably meet their competitors in
the online marketplace with solutions that satisfy their individual needs, which
is key for this market."
"Managed Express Hosting brings a new dimension to the Web and application
hosting space for large enterprises as well," said Martha Gilbertson, vice
president of product management for Digex. "Express is ideal for companies
who want to provide multiple individual platforms to specific divisions or departments
within a company, all built to a common design and all managed in the same way."
By combining the companies industry-leading hosting management capabilities,
unrivaled global IP network, and expansive worldwide Internet data center footprint,
Managed Express Hosting offers the highest levels of business-class performance,
security, reliability and scalability on the market today. Backed by the reputation
and the financial strength of WorldCom, Managed Hosting Express offers Digex
and WorldCom customers alike the assurance of long-term provider stability,
while ensuring online business continuity through an outsourced hosting solution
housed in a secure, off-site, data center facility.
"The SME market is an important market segment in todays economy
and is expected to grow significantly over the next three to five years,"
said IDC Web hosting analyst Melanie Posey. "The demand for more complex
Web site functionality, ever-escalating costs and greater outsourcing benefits
will further spur outsourced hosting among SMEs and Managed Express Hosting
is one offering that caters to these requirements."
About Digex
Digex is the leading managed hosting provider for business on the Internet.
Digex customers, from mainstream enterprise corporations, Internet-based businesses
and Application Service Providers (ASPs), leverage Digexs services to
deploy secure, scaleable, high performance business solutions, including electronic
retailing, online financial services, online procurement and customer self-service
applications. Digex also offers value-added enterprise and professional services,
including performance and security testing, monitoring, reporting and networking
services. Additional information on Digex is available at www.digex.com.
About WorldCom Group
WorldCom Group (NASDAQ: WCOM) is a preeminent global communications provider
for the digital generation, operating in more than 65 countries with annualized
revenues of more than $20 billion. WorldCom provides the innovative technologies
and services that are the foundation for business in the 21st century. For more
information go to http://www.worldcom.com.