News Story:
NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS
FOR: GEAC COMPUTER CORPORATION LIMITED
TSE SYMBOL: GAC
AUGUST 5, 1997
Dale
Geac acquires the Shares of the AMS Group
MARKHAM, ONTARIO--Geac Computer Corporation Limited announced today that to further enhance its Customer Service Operation in Canada it has acquired the AMS Group out of Sudbury, Ontario.
The AMS Group is the premier computer services provider in Northern Ontario with a distinguished client base of over 2,000 customers and annual revenues of approximately $8.5 million CDN . AMS provides sales & service of several manufacturers' products, networking and connectivity solutions, CAD services and a wide selection of computer training and education courses .
In addition, the Geac Customer Service Division will use the new acquisition to increase its activities and product distribution in Northern Ontario.
Comments Stephen J. Sadler, Vice Chairman of Geac, "The acquisition of AMS, considered to be the premier service provider in Northern Ontario, is part of our continuing plan to increase our customer service coverage and portfolio of service offerings.
Geac Computer Corporation Limited delivers and supports total computer solutions, including complete mission-critical client/server applications to various cross-industry and vertical markets worldwide. Geac product and service information is available on the World Wide Web at geac.com, or through the Internet at solutions@geac.com. Geac is a publicly traded company with its common shares listed on the Toronto Stock Exchange (Symbol - GAC).
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FOR FURTHER INFORMATION PLEASE CONTACT:
Geac Computer Corporation Limited Dora Cultraro Press Contact (905) 475-0525 (905) 475-3847 (FAX) dorac@geac.com (email) |