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Gold/Mining/Energy : Brocker Investments

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To: Kurt A. Altmann who wrote (10)4/28/1998 11:34:00 AM
From: okey  Read Replies (2) of 43
 
Another acquisition by Brocker today!

Brocker Investments acquires market leading Knowledge
Management specialists - Pritech Corporation Limited

Hal Linstrom, GM - Mergers & Acquisitions reports; Brocker Investments is pleased to announce it has acquired all the issued shares of Pritech Corporation Limited, "Pritech". New Zealand's premier Lotus Notes Development Organization and a leading Project Management Company.

Formed in 1988, Pritech have been providing consulting services and software development for the Knowledge Management market, especially the project management sector. The company has worked with over 300 organizations, including most major Corporations and Central & Regional Government.

Pritech is a leader in Knowledge Management applications, including software development, implementation and business intelligence, particularly in the Internet environment. The applications Pritech provide include; contact management, sales tracking, service management, change management, project communications, workflow management and human relations management.

The company is uniquely positioned in the market, being the first New Zealand company to employ Certified Lotus Notes Professionals and Certified Lotus Notes Instructors. This together with its experience in project management tools and techniques, ensures that Pritech are able to deliver quality Lotus Notes solutions to time and to budget. Pritech has been appointed as New Zealand's Lotus Notes Premium Partner reflecting the company's significant experience and investment in Lotus' technology.

David Corlett, managing Director of Pritech comments, "As a company, we have always had significant year on year growth, however the market and demand for productivity enhancing software and systems, necessitates our company to grow at a faster rate than a company our size could easily undertake by itself, therefore the relationship with Brocker is a very exciting opportunity for us."

Mike Ridgway - CEO Brocker Investments adds, "Inline with our stated objective of being a significant player in the software and solutions consulting field, Pritech launches us to that next level of business development, and with significant development capital behind them, Pritech can grow to meet the burgeoning demand for GroupWare systems and services. This company leads in a fast growing industry sector, in the provision of high margin consulting services, which develops shareholder wealth."

Brocker Investments acquires and actively manages businesses in the rapidly growing Information Technology industry. The core operating groups are: Distribution, Technical Services, Research & Development, Professional Services and Marketing Services. Brocker Investments is a publicly traded company on the Toronto Stock Exchange, symbol "BKI".

Information about the company is available at www.ptritech.co.nz or by contacting:

Hal Linstrom - GM M&A
Ph: 001 649 376 7890
Fx: 001 649 376 7891
Email: HLinstrom@brocker.co.nz

Des O'Kell - IR Mgr.
Ph: 800 299 7823
Fx: 403 944 2554
Email: brocker@planet.eon.net

THE TORONTO STOCK EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED THE INFORMATION CONTAINED HEREIN
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