Mosaic Group Expands Multimedia Training Services
TORONTO, ONTARIO-- November 1, 1999
-Acquires Training Agency And Signs Exclusive Marketing Alliance-
Mosaic Group Inc. (TSE: MGX) announced today that it has expanded
its service offering in the rapidly growing multi-media distance
training sector through the acquisition of Sales Performance Group
("SPG") and through an exclusive marketing alliance with Canadian
Satellite Communications Inc. ("Cancom") (TSE: SAT).
Toronto-based SPG designs, develops, implements, and measures
training and performance improvement solutions for Fortune 500
clients. Cancom Learning Solutions, an operating division of
Cancom, delivers satellite based learning and communication
solutions to clients across North America.
Michael Preston, Chairman & CEO of Mosaic Group, said "When we
combine the expertise of SPG in developing curriculum based
learning solutions with the multimedia abilities of our existing
McGill Multimedia digital solutions group, we create a vertically
integrated learning solution for our clients. Our alliance with
Cancom will add interactive satellite distance learning technology
to our array of training delivery platforms - giving our clients a
competitive advantage."
"We are now well-positioned to address the needs of our clients
who want to make the transition from traditional training programs
to emerging digital media solutions. We can provide our clients
with a range of delivery options for their learning programs,
including interactive satellite broadcast, CD/DVD ROM programs,
Inter/Extra-net web-based solutions, as well as traditional
facilitator-led training".
"Our broad technology based learning solutions reduce training
time, enhance and monitor employee learning and lower training
development and delivery costs for our clients", added Michael
Mattalo, CEO of Sales Performance Group. "Jointly, we have a
number of major clients who currently benefit from our expertise
in the training area including DaimlerChrysler, Maple Leaf Foods,
Warner Lambert Consumer Healthcare, Robinhood Multifoods, and
Prudential" and our wide array of technology platforms will only
strengthen this benefit.
"Combining Mosaic's vertically integrated learning solutions with
our unique expertise in interactive satellite networks, will
provide a powerful new option for our customers," says John
Campbell, Vice-President of Cancom Learning Solutions. "We are
both highly focused on our core expertise and committed to
becoming major players in our complementary fields of interactive
distance learning."
Cancom is Canada's leading expert in evaluating, selecting,
integrating and implementing satellite-based solutions for
business. Star Choice Communications Inc., its wholly owned
subsidiary, is a Canadian direct-to-home (DTH) broadcast service
provider that was ranked as Canada's fastest growing technology
company by Canadian Business Magazine for two consecutive years.
Mosaic Group Inc., with operations in the United States, Europe
and Canada, provides outsourced marketing services on an
integrated basis to leading corporations serving international
markets. Mosaic combines strategic thinking with leading-edge
technologies to effectively deliver immediate and measurable
results for its clients. Marketing solutions include electronic
marketing, e-commerce, new media services, contract sales,
merchandising, field marketing, direct marketing, database
development and management, product promotion, corporate
communications and sales force training. Mosaic, which has
approximately 71 million shares outstanding, trades on the TSE
under the symbol MGX.
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FOR FURTHER INFORMATION PLEASE CONTACT:
Mosaic Group Inc.
Ben W. Kaak
EVP & CFO
(416) 813-4272
or
Catherine Linley
Public Relations
(416) 813-4277
www.mosaicgroupinc.com |
