INNOBEC Acquires Logiweb, Ready For International Markets


INNOBEC Acquires Logiweb, Ready For International Markets

Montreal firm merges web and mobile programming expertise, acquiring coveted client portfolio

MONTREAL, Nov. 3, 2011 /CNW Telbec/ - INNOBEC, a mobile information management and data collection software development company, announces the acquisition of Logiweb, thus completing its service offer with both web and mobile application development.

Logiweb, which specializes in the development of custom information management systems using new web-based technologies, brings to the deal an enviable client roster, including Labatt Breweries, the University of Montreal, the CHUM Research Center (CRCHUM), the McGill University Health Centre, Télé-Québec, Rona and many others.

Innobec, for its part, develops mobile software for B2B environments, working with clients such as Autodesk, Acosta, iBwave, Navteq and Nokia. Post-acquisition and now able to develop multiplatform information management systems, INNOBEC intends to set its sights on the larger Canadian and American markets.

"Simply put, organizations which manage large volumes of information are looking for simplicity and versatility", says Stephane Rouleau, INNOBEC President. "Developing these types of applications requires a very specific set of competencies as well as a balance between IT development and an extensive understanding of business processes. Logiweb brings a proven track record in web technologies, thus completing our service offering."

"The lines between mobile, web and other platforms are becoming increasingly blurred", says Yves Forget, who founded Logiweb in 2000, now INNOBEC's Executive Vice President. Mr. Forget will be in charge of marketing and business development. "In order to meet the growing needs of our clients, it became essential for Logiweb to find a partner with a shared vision and complementary technologies. I am very proud to be joining the Innobec team!"

INNOBEC plans to expand its development team by integrating Logiweb's entire technical and production teams, in all 15 people.

About INNOBEC Technologies Inc.

Innobec develops information management systems and data collection software for mobile and web applications, providing programming expertise to major Canadian and U.S. companies.

Founded in 2003 in Montreal, INNOBEC today employs 50 people and specializes in the following sectors: education, engineering, retail and manufacturing, public and parapublic sectors (government) and medical research facilities.

For further information:

Patrick Bergeron
Vice President, Innobec
pbergeron@innobec.com
514.272.0979 x201

Bernard Dahl
Media Relations / Investor Relations
bernard@presentis.ca
514-762-6468


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