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Gold/Mining/Energy : Calian Technology a Company with infinite growth potential

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To: Flipper12 who wrote (79)3/24/2000 1:18:00 AM
From: privatier  Read Replies (1) of 132
 
Just got back from the AGM! Must say their management team did a good job in explaining their direction as Calian Corp. evolves into a unique company with a mix of competencies for the fast moving times. Obviously some of us had difficulty understanding their various involvement in businesses as the classical division of labor, knowledge and other resources does not apply. One simply has to remove those borders to appreciate their services or is it businesses! The management team's replies and explanations during the question & answer session was well received and added to our understanding. They definitely know their stuff, that's the most important part.

This is the latest news release:

CALIAN TO ACQUIRE LEARNING-PORTAL.COM AND THE
OTTAWA FRANCHISE OF PRODUCTIVITY POINT
INTERNATIONAL

Kanata, Ontario Thursday, March 23, 2000 -

Calian is pleased to announce that it has reached an agreement in principle to
acquire Learning-Portal.com and Productivity Point International Ottawa , (PPI
Ottawa Inc).

Learning-Portal.com is a leading global provider of client driven corporate
learning portals that encompass a diverse range of solutions, products and
services, which are provided in collaboration with industry acclaimed partners.
Productivity Point International Ottawa Inc., headquartered in Ottawa, Ontario,
is a franchise of Productivity Point International Inc. of Raleigh, N.C. PPI
provides customised technology learning solutions to corporations and IT
professionals.

Each year Productivity Point teaches more than one million knowledge workers
at all skill levels to fully leverage their abilities in areas like local area networks,
client/server computing, applications development, and system migration. PPI's
portfolio includes:

more than 100 locations throughout North America;
more than 700 courses crossing many technology disciplines;
customized learning solutions for business clients;
one of Microsoft's largest Certified Technical Education Center (CTEC)
training partners;
strategic partnerships and alliances with industry leaders like Microsoft,
Novell, MindQ, Sun Microsystems, Oracle, Inacom, Lotus; and
over 1,000 highly motivated, trained instructors

"This merger combines the IT training technologies and capabilities of
Learning-Portal.com and PPI Ottawa Inc. with the e-learning and e-business
services of Calian, to provide our clients with a fully integrated
business-to-employee enterprise portal," stated Howard Sures, President and
CEO of PPI.

The companies have signed a number of contracts including:

a significant e-learning contract with a major Canadian university to
provide information technology certification courses over the internet;
a $3.5M US contract for IT certification and internet-based training with a
leading systems integrator; and
Super-supplier status for all IT training for a major telecommunications
company.

"As part of Calian's overall Business-to-Employee (B2E) service offering, these
acquisitions will extend Calian's e-learning capability from a "Clicks" business

model to a "Clicks and Bricks" environment designed to better serve our global
clients combining PPI's assets with Calian's proven track record in e-learning
development and the outsourcing of training programs", said Larry O'Brien,
Calian's President & CEO. He went on to say, "These additions to our e-learning
services will provide us with a nine-month head start in the provision of employee
facing Learning Portal Services. The acquisition also provides a direct channel to
Fortune 1000 companies representing millions of employees for B2E services."

Calian Technology Ltd. sells e-business and Information Technology (IT)
professional services, including management consulting, IT consulting,
Telecommunications systems engineering, outsourcing and IT staffing.
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