Prosys Announces the Signature of a Letter of Intent for the Purchase of its Computer Assembly Division
26 Juin 2008 - 1:20PM
Marketwired Canada
Prosys-Tech Corporation ("Prosys") (TSX VENTURE:POZ) - Following its
announcement dated May 9, 2008, the Corporation's management declares that they
are presently in extended negotiations with an arm's length party after the
signature of a letter of intent in order to conclude a binding agreement of sale
of its computer assembly division "Prosys-Tec Computers Inc." If a binding
agreement of sale intervenes between the parties, it should be concluded within
the first quarter of the financial year.
About Prosys
Prosys is a computer manufacturer and distributor of information technology
products having offices in Montreal, Quebec, Ottawa, St-John's and Vancouver.
Through its subsidiary CDMS, Prosys also offers a wide range of products,
including 24/7 multilingual technical service desk, network operations and
monitoring, managed services, IT consulting and a host of value add hardware
solutions. The vast customer base of Prosys is divided among various market
niches. Prosys' main clients are the Governments of Canada and Quebec, crown
corporations, universities, school boards and CEGEPs throughout the province of
Quebec. The investment in Peak is in the scope of the Corporation's steps to
diversify the global offer of services to its current customers and to improve
Prosys' positioning for the development of the SMB market.
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