TORONTO, Jan. 3 /PRNewswire-FirstCall/ -- Yesterday Softchoice Corp. (TSX: SO) announced that it had reached a definitive agreement to acquire Optimus Solutions, a comprehensive IT products and solutions company focused on helping U.S. enterprise and mid-market clients plan, build and maintain their information technology infrastructure. All of the closing conditions have now been satisfied and Softchoice is pleased to announce that the acquisition has now been completed.
Yesterday's press release announcing the purchase can be found by visiting http://www.softchoice.com/about/press.
This morning at 11 a.m. EST, Softchoice hosted a conference call to discuss the acquisition. A recording of this call will be made available on the Softchoice web site on January 4th, 2008. To access the presentation, please visit http://www.softchoice.com/about/investorrelations.asp.
About Softchoice
As one of North America's leading providers of technology solutions and services, Softchoice helps businesses and organizations of all sizes to select, acquire and manage their software and hardware technology resources. Softchoice offers a full range of capabilities, including face-to-face consultations and IT asset management services designed to help customers save time, money and risk in IT procurement. In 2006, Softchoice was named Software Value Added Reseller (VAR) of the Year by VAR Business magazine. Softchoice currently has more than 900 employees operating from more than 40 branch offices located in major cities across the U.S. and Canada.
Softchoice stock is listed on the Toronto Stock Exchange (TSX) under the trading symbol "SO". The Common Shares of Softchoice are not registered under the U.S. Securities Act of 1933 and are not publicly traded in the United States.
About Optimus Solutions
Optimus Solutions provides comprehensive IT solutions designed to streamline and integrate business processes across the enterprise. Optimus provides solutions that assist customers in integrating their business with partners, suppliers, and customers. The Company does this through a comprehensive range of integration and consulting services, as well as hardware, software, and storage product offerings. Optimus is a Value Added Reseller (VAR) for Cisco and IBM systems and software (System i, p, x, and Storage).
Forward-looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, plans and timing for the introduction and enhancement of our services, and other expectations, intentions and plans contained in this press release that are not historical fact. When used in this press release, the words "anticipate," "expect" and similar expressions generally identify forward-looking statements. These statements reflect our current expectations and are subject to a number of risks and uncertainties including, but not limited to, our ability to integrate the business of Software Plus with our own, including the ability to maintain its customers, the ability to eliminate costs, and changes in technology and general market conditions, many of which are set out or incorporated by reference in the Company's latest Annual Information Form. Due to the many risks and uncertainties, Softchoice cannot assure that the forward-looking statements contained in this press release will be realized.
