FOR: DTM INFORMATION TECHNOLOGY GROUP INC.
TSE SYMBOL: DTM
JANUARY 13, 2000
DTM Offers new Solutions Enabling Companies to Take Advantage of the Internet
MONTREAL, QUEBEC--
The Company becomes:
- the first IT Factory partner in Canada
- the first Citrix Systems Platinum Solution partner in Quebec
At the Annual General and Special Meeting of Shareholders held this morning, Karol Brassard, Chairman of the Board and Chief Executive Officer of DTM Information Technology Group, announced new alliances that will enable the Company to offer customized low-cost solutions to businesses of all sizes, giving them access to the tools and numerous advantages of e-commerce.
DTM joins forces with IT Factory
DTM becomes the first Canadian partner of IT Factory, a European company specializing in e-business solutions and development tools with a proven track record. Among the 100 emerging companies according to Computerworld, IT Factory accumulates well-known clients and distinctions. "This alliance fits perfectly into our strategy as it enables us to capitalize on our web development expertise and to offer our clients products fostering their use of the Internet and e-commerce," explains Mr. Brassard.
"This alliance will enable us to rapidly and efficiently provide small businesses with various solutions, finally giving them access to customized solutions at a low cost. In fact, we will be able to personalize the solutions prepared by IT Factory, namely: E-Commerce, Customer Service, Call Centre Management, Human Resources, Marketing Management, Management Automation, Project Management and Sales Force Management - applications making full use of the Internet," affirms Rene Auger, Vice-President, Sales and Marketing of DTM.
DTM certified as a Citrix Platinum Partner
At the Annual Meeting, Mr. Brassard also announced that DTM had become the first Citrix Platinum Partner in Quebec. DTM is the Quebec leader in Citrix "Thin Client" solutions - a solution that centralizes applications, optimizes systems use and reduces infrastructure support costs. This certification is highly significant since it positions the Company as a potential Applications Service Provider (ASP) - please see January 13, 2000 press release entitled "DTM Receives Citrix Platinum Certification".
Strengthened Board of Directors
Two seasoned executives have now joined the Company's Board of Directors. Andre Thompson, Chairman of the Board of Prima Telematic and formerly President of IST, brings solid management and strategic positioning experience in the information technology industry. Elaine C. Phenix, President of Phenix Capital, and formerly Senior Vice-President of the Montreal Exchange and Senior Vice-President of Levesque Beaubien Geoffrion, provides DTM with long-standing expertise in financial strategies.
Strategy yields benefits
In 1999, DTM made tremendous progress by strengthening its expertise and outsourcing its computer hardware distribution warehousing and logistics. These numerous developments have reshaped DTM as a solid consulting company. "In 1997, only 20 % of our employees were consultants, whereas they account for over 70 % of our workforce today. Drawing on this expertise, we now offer targeted services that will see rapid growth in the coming years."
These recent achievements, combined with a distinct improvement in its cost structure, enabled DTM to post a net profit for the first quarter of the current fiscal year, whereas it had incurred a substantial loss last year. For the three-month period ended October 31, 1999, service revenues also rose 70 %. DTM's transformation continues as the Company now has a transactional web site (DTMdirect.com), the user-friendliness of which was demonstrated at the Annual Shareholders' Meeting.
As a result of the many developments in 1999 and the Company's enhanced expertise in fast-growing niches, including the development of web and e-commerce applications, DTM is on track to achieve sustained growth in its consulting business and a distinct improvement in its financial results in fiscal 2000.
Involved in computers since 1977, DTM Information Technology Group Inc. is a consulting and systems integration company active in the information technology (IT) sector. The Company specializes in integrated e-business solutions, more specifically the supply and integration of network infrastructures as well as the development of GroupWare and e-commerce solutions. Established in Montreal, Quebec City, Sherbrooke and Toronto, the Company is listed on the Toronto Stock Exchange under the ticker symbol DTM and has more than 160 employees.
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