MONTREAL, Nov. 6 /CNW Telbec/ - Montec Holdings Inc. (TSX-V: MTE) ("Montec"), a holding company focused on acquiring and developing a diversified portfolio of high-growth technology companies, announces that the Management Services division of its subsidiary Datex Billing Services Inc. ("Datex") has signed agreements to provide services to Hoffmann-La Roche Limited and Hobart Food Equipment Group Canada. Moreover, Datex' Billing Services division has signed agreements to provide services to CellTime and to one of the major communication companies in Canada. These agreements are estimated to be worth $600,000 over the next 3 years.
"These agreements are a testimonial of Datex' abilities to attract and serve a variety of high profile national and international companies," stated Myer Bentob, Chairman and CEO of Montec Holdings Inc. "This augurs well for the continuing growth and profitability of our subsidiary."
"Hoffmann-La Roche has built its success on innovation and has been recognized by the Globe and Mail as one of Canada's Top 50 employers," said Henry Dortmans, President of Datex Management Services. "We are pleased to provide the company and its staff with our innovative telecom management services which will help them to continue achieving their goals."
"Telecommunications is critical to the business of Hobart Food Equipment Group Canada and we are very pleased to be able to assist the company in managing its services, suppliers and costs", continued Henry Dortmans. "The voice, data and wireless landscape changes constantly, and together we will ensure that the Hobart staff is served promptly and effectively."
"Datex has deployed its entire suite of solutions to address the requirements of CellTime," said Jim Dawson, President of Datex. "We look forward to their continued growth in the wireless arena in Canada."
"Datex is very pleased to have been selected to provide services to an organization as well respected as this communication company," added Jim Dawson. "The fit between their niche requirements and Datex' core competencies were a perfect match."
About Hoffmann-La Roche
Roche (www.rochecanada.com) is a leader in providing pharmaceutical and diagnostic solutions that make a profound difference in people's lives. The company is committed to improving the effectiveness and efficiency of the healthcare system in the diagnosis, treatment and management of acute and long-term disease, and to supporting leading research and development. More than 75 years of business in Canada, Roche serves a broad base of healthcare facilities and practitioners, working in partnership with them to ensure that its diagnostics and therapies meet the medical needs of today and of the future.
About Hobart Food Equipment Group
Hobart is the world leader in commercial food equipment and service for the foodservice and food retail industries. Hobart manufactures products for ware washing and waste handling; food preparation; baking; cooking; weighing, wrapping and labelling systems; and Traulsen refrigeration. Hobart equipment is supported in Canada by a national network of more than 100 trained service technicians with 5 locations across Canada. To learn more about Hobart, visit www.hobartcorp.com.
About CellTime
CELL TIME (www.celltime.ca) provides wireless plans for Canadian small-to-medium businesses that eliminate long distance, roaming, and local airtime charges from existing providers for any calls made from Canada. Through CELL TIME plans, customers keep their existing provider, number, and contact lists in phones. For customers currently spending more then $110 per month on cell phone bills, CELL TIME will reduce wireless plan cost!
About Datex Inc.
Datex (www.datex.ca) is a leading outsourced application service provider of Customer Management and Billing solutions, and Telecom Management Services, in a variety of divergent vertical markets. Datex Management Services provides end-user organizations with a full suite of telecommunications management services, expense management and advisory services, and web-based tools and reports. Using its proprietary Customer Lifestyle Management (CLM) process, the Datex team has successfully managed and maintained the customer care and billing infrastructure for more than 70 companies spanning three decades of knowledge and experience. The Datex team solves the financial, logistical and technological challenges of customer-focused organizations.
About Montec Holdings Inc.
Montec Holdings Inc. is listed on the TSX Venture Exchange (TSX-V: MTE). Montec's objective is to create shareholder value by building a profitable technology entity with high-growth potential. Structured as a holding company, Montec's mandate is to acquire shareholdings of a number of synergistic companies and develop a diversified portfolio of high-growth technology companies. For more information about Montec Holdings, please visit our website at www.montecholdings.com.
Forward Looking Statements
This press release contains forward-looking statements which reflect the Company's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. The Company disclaims any obligation to update these forward-looking statements.
The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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