Business
Cyberplex acquires WebAffairs Inc.
Cyberplex acquires WebAffairs Inc..
About this update from Eq Inc.
[{"type":"text","content":"\n\n\n\n\nTORONTO, June 7 /CNW/ - Cyberplex Inc. (TSX: CX), a North American\ntechnology consulting firm, is pleased to announce the acquisition of\nWebAffairs Inc. (\"WebAffairs\"), a Toronto based Internet solutions and\nservices company supporting all of its clients creative and technology needs.\n\"WebAffairs is unique in its ability to offer complex technology\nsolutions to small and midsized organizations through long term, recurring\nlicenses.\" said Geoffrey Rotstein, CEO of Cyberplex. \"By using internally\nbuilt solutions and interfaces, WebAffairs is able to license technology to\nclients on a multi-year basis and provide them with affordable solutions while\nbuilding a recurring revenue model.\"\n\"We are very excited about the opportunity to join Cyberplex.\" said Meir\nGluzberg, president of WebAffairs. \"After eight years of building our\nreputation as a reliable partner for hundreds of organizations, we have a\nsolid foundation that is poised for growth. The increasing demand for our\nservices, combined with the skills, experience and resources of Cyberplex will\nbenefit both existing and new customers.\"\nFurther details of the transaction can be found in filings of Cyberplex\nat www.sedar.com.\n\nAbout Cyberplex\n\nCyberplex Inc. (www.cyberplex.com) is a technology consulting firm\nfocused on application expertise. The Company's specialized team of management\nand technology consultants assists clients with all aspects of their\napplications as they enhance, automate and manage technology solutions that\nimprove business processes.\nWith over 12 years of experience serving Fortune 1000 clients including\nThomson, Atlantic Lottery Corporation, Advanced Micro Devices (AMD), Bank of\nMontreal (BMO), Scotiabank, SunTrust Banks and the Royal Bank of Canada,\nCyberplex is frequently the firm of choice for business leaders looking for\nreliable solutions. Cyberplex serves clients across Canada and the US, and is\nheadquartered in Toronto, Canada with offices in Arlington, Austin and\nHalifax.\n\nAbout WebAffairs\n\nWebAffairs Inc. (www.webaffairs.com) based in Toronto, provides Internet\nsolutions to companies in Canada and abroad. Established in 1999, it offers a\nfull-spectrum of creative and technical services to a wide range of\nindustries. From custom and template website development to Search Engine\nOptimizatio...