Business
Sylogist completes Bellamy Software acquisition
Sylogist completes Bellamy Software acquisition.
About this update from Sylogist Ltd.
[{"type":"text","content":"\n\n\n\n\nCALGARY, May 19 /CNW/ - Sylogist Ltd. (TSX VENTURE:SYZ) (\"Sylogist\" or\nthe \"Company\") is pleased to advise that it has completed its previously\nannounced (May 2, 2006) acquisition of Bellamy Software (\"Bellamy\"), a\ndivision of Nor-Dat Computer Services Ltd of Edmonton, Alberta.\nBellamy Software has provided systems and support services to the public\nsector market for more than 25 years. Bellamy is the largest supplier of\nmunicipal systems software in Alberta. The acquisition also provides Sylogist\nwith exposure to customers in Saskatchewan, Manitoba, Ontario and the Yukon.\nThe combined annual operating budgets of these public sector customers exceed\n$2 billion.\nBellamy's customers, which include over 60 municipalities, 16 school\nboards and 5 regional utilities, and the entire Bellamy staff have\noverwhelmingly supported the acquisition. \"We are thrilled that Bellamy\nSoftware and its talented staff have joined Sylogist and with the support the\nacquisition has received. We are very excited about the addition of a strong\npublic sector customer base and our collective growth plans\" stated Jim\nWilson, President and CEO of Sylogist.\nFurther, Sylogist is pleased to announce that Mr. Dan Hinchey, Managing\nDirector, Mr. Ken Shelton, General Manager and Mr. Mike Paradis, Chief\nArchitect of the Bellamy Software division, will continue in their roles as\nSylogist employees. \"Dan, Ken and Mike are very well known and extremely well\nregarded in the public sector market. They bring a wealth of knowledge and\nexperience to this growing area of our operations. On behalf of our board,\nmanagement and staff, we welcome Dan, Ken, Mike and the entire Bellamy staff\nto Sylogist\" added Jim Wilson.\n\"Our mutual plans for growth are well aligned which will ensure that we\ncan extend the capabilities of one of the most successful companies in this\nmarket. We are very eager to begin working with Sylogist on this new phase in\nthe evolution of Sylogist and Bellamy Software\" stated Dan Hinchey.\n\nAbout Bellamy Software\n\nEstablished in Edmonton Alberta in 1979, Bellamy Software develops,\nimplements and supports a fully integrated line of software solutions for\npublic sector clients. Bellamy serves over 80 customers including cities,\ntowns, counties, school boards and regional utilities, primarily in Western\nCa...