John did you see this press release??
KANATA, ONTARIO--Calian Technology Ltd. (TSE:CTY) is pleased to report today that it has completed the acquisition of all of the outstanding shares of HST Group Ltd.
HST Group Ltd., incorporated in 1979, is a management and information technology consulting company of some 50 business and systems professionals. Eighteen years of dedicated service has garnered a loyal clientele in both government and the private sector.
As an innovator in the field of Business Transformation and Renewal, HST's approach is both unique and balanced. The approach not only combines the principles of structural change and behavioural change; but also uses as one of its cornerstones, the structuring of corporate knowledge to build a picture and a path for change that is understood and supported at all levels within the organization.
The Information Technology consulting group focuses on delivering whole process IT solutions which translate the knowledge and principles of business process reengineering into usable business systems organizations can deploy. HST's expertise includes Groupware, Internet/Intranet, Electronic Commerce, EDI, Document Management, SGML, Client Server and Data Warehousing. As a Lotus Business Partner, HST also provides certified professional consulting services delivering Lotus Notes based solutions to unique business problems.
An international technology services company, Calian provides value added technology services to its customers, both government and industry, which assist them in achieving their operational objectives and which emphasize the company's committment to quality, objectivity and long term relationships. Through its innovative approach to business and its highly skilled workforce, Calian consistently helps its clients increase their productive output.
"We currently operate within three broad sectors, these being operations and maintenance, flexible staffing and systems integration," commented Ed Lambert, Calian's President and Chief Operating Officer. "We view HST Group Ltd. as a logical extension to our service offerings. Our ability to offer highly skilled management and information technology consulting services will significantly broaden the total package that Calian offers its clients. In addition, our flexible staffing unit and our centralized administration and human resource services will enhance HST's ability to service its clients and continue its growth path," continued Lambert.
Larry O'Brien, Calian's Chairman and C.E.O. stated "We recently restructured our operations so that we may focus on technology services. We see substantial opportunities for continued growth within our current services offerings and within new technology services that complement our existing offerings. We believe that HST Group Ltd. represents one of these new service offerings." |