This was taken from the last quarterly filing, can anyone comment on how the integration is going?
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In the next three months, the Company intends to integrate the services of Eclipse's and Parker's with that of CSI's. The
Company intends to operate the three current wholly-owned subsidiaries, effective January 1, 2000, through one operating
company to be named "WidePoint". WidePoint will be a wholly-owned subsidiary of ZMAX. WidePoint's primary services
will focus on three core practices: Enterprise Resource Planning ("ERP"), Enterprise Application Integration ("EAI"), and
Internet Application Integration ("IAI") services. The Company also intends to expand the geographic reach of WidePoint
through the opening of other offices in key markets or through other acquisitions. In the nine months ended September 30,
1999 the Company has opened new offices in Minneapolis, Detroit, and Boston. The acquisition of Parker adds Houston as
an additional office. Parker's Laurel, Maryland office will be integrated into CSI's Germantown, Maryland office. Further, it is
the intent of the Company in the Spring of 2000 to ask the stockholders to vote upon and approve the change of the
Company's name from ZMAX to WidePoint, at which time the Company will change its stock symbol and institute a new
corporate identity program to integrate the new name.
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Tom B. |
