LONGUEUIL, QC, Sept. 10 /PRNewswire-FirstCall/ -- Mediagrif Interactive Technologies Inc. (TSX: MDF), a world-leading developer of e-business networks and provider of complete e-business solutions, announced today that it has completed the previously announced acquisition of epipeline, inc., a leading online source of research for government contractors. Terms of the transaction were not disclosed.
"We are pleased to have concluded this acquisition, which represents our fifth in the e-publishing sector within the last 3 years. epipeline is directly in line with the growth strategy of our e-publishing division as it will enable us to further leverage the synergies of all our division networks," stated Denis Gadbois, President and Chief Executive Officer of Mediagrif Interactive Technologies. "epipeline is also recognized for providing the most advanced research services in the industry, which will be a solid asset for our division as it will enable us to offer increased value and continue to consolidate our leading position as the provider of complete and efficient source of government business opportunities in North America." concluded Gadbois.
"Joining Mediagrif will provide epipeline with the reach to expand our market penetration" said Tim Walsh, epipeline's President and Chief Executive Officer. "epipeline's product line is a natural complement to Mediagrif's experience and broad range of services in the government contracting industry. Our combined services will provide our clients with a comprehensive business development capability to identify government opportunities."
epipeline (http://www.epipeline.com/) provides a wide range of solutions and research services to identify, qualify and track potential government contract opportunities, and acts as an information conduit between contract companies and the government. Applications and solutions are accessed over the Internet and are available on a paid subscription basis. Founded in November 1999, epipeline's in-depth market research and analysis allows business development professionals and researchers to effectively identify, track, gain competitive analysis and bid on new and re-compete government contracts. epipeline serves clients that target the federal government contracts in Information Technology, Command, Control, Communications, Computers and Intelligence, Environmental, Architecture, Engineering, Construction, Operations, Facilities Management, Maintenance Security and all State/Local government contracts.
About Mediagrif Interactive Technologies Inc.
Mediagrif Interactive Technologies Inc. (TSX: MDF) is a world-leading operator of e-business networks and provider of complete e-business solutions. Mediagrif's e-business networks allow buyers and sellers within specific industries to source, purchase or sell products and to exchange documents more efficiently using the Internet. Mediagrif operates 15 networks, including industry leaders The Broker Forum (http://www.brokerforum.com/) Power Source On-Line (http://www.powersourceonline.com/), Telecom Finders (http://www.telecomfinders.com/), Global Wine & Spirits (http://www.globalwinespirits.com/) and Polygon (http://www.polygon.net/). The company also owns MERX (http://www.merx.com/), the exclusive provider of e-publishing services to the Government of Canada, and is a leading provider of government bid aggregation services and e-procurement services in the U.S. Headquartered in Longueuil, Mediagrif has other offices in Canada, the U.S, China, India and Dubai. For more information, please visit us at http://www.mediagrif.com/ or call 1 877 677-9088.
