Press release from CNW Group
MTS acquires EPIC Information Solutions
Wednesday, September 04, 2013
MTS acquires EPIC Information Solutions10:30 EDT Wednesday, September 04, 2013
Winnipeg-based IT infrastructure and services provider will operate as a subsidiary of MTS
WINNIPEG, Sept. 4, 2013 /CNW/ - Manitoba Telecom Services Inc. (TSX: MBT), today announced it has acquired EPIC Information Solutions, a Winnipeg-based company that provides IT infrastructure and managed services to approximately 700 businesses across Manitoba and Saskatchewan. By acquiring EPIC, MTS expands its ability to offer Manitoba businesses the most comprehensive suite of IP communications services in the province, including voice, data, wireless and now IT infrastructure services.
The additional IT services that MTS gains access to through EPIC will provide MTS business customers with a broader range of combined IP communications and IT (networking, servers, integration) solutions that addresses customers' computing, data processing and storage needs as well as the need to communicate with their own customers, vendors and other locations.
"EPIC has a great reputation in the IT infrastructure and managed services market in Manitoba," said MTS President Kelvin Shepherd. "EPIC's services complement and strengthen our existing business communications service portfolio. Working together, MTS and EPIC will be even better positioned to meet customers' needs with combined IT and IP communications solutions backed up with the best local expertise of any service provider in the province."
"This is an exciting opportunity for us and marks the beginning of a new chapter in our history," said EPIC Information Solutions President and CEO David Reid. "We are excited to become part of the MTS family - another proud Manitoban company. With MTS's investment, we'll be able to grow our business faster, offer new solutions to our mutual customers, and provide new opportunities for our employees."
Mr. Shepherd said it was important to MTS that the existing management and staff of EPIC were retained as part of the transaction. He added: "I am extremely pleased that David Reid will continue in his role as President & CEO of EPIC, and that the rest of David's team will continue to provide strong leadership for EPIC as we work to expand and grow this new Manitoba-based business opportunity."
EPIC will continue to operate as a separate, wholly-owned subsidiary of MTS. Financial terms of the agreement were not disclosed.
About EPIC Information Solutions
EPIC Information Solutions is a Winnipeg-based company established in 1995. EPIC Information Solutions partners with only the best technology companies, and has built an outstanding Services Organization that delivers superior solutions to customers. HP, Microsoft, Vmware, Cisco, Brocade, Meru and Kaspersky represent the key technology partners that make up the foundation of EPIC Information Solutions. For more information on EPIC Information Solutions' products and services, please visit www.epic.ca.
About Manitoba Telecom Services Inc.
MTS is one of Canada's leading communication solutions companies, providing innovative communications for the way Canadians live and work today. In Manitoba, MTS is the leading full-service telecommunications provider for residential and business customers. MTS's suite of services include the latest in wireless technology, broadband services, IPTV, voice services, home security, and an extensive range of business solutions. MTS has spent 12 consecutive years on the Jantzi Social Index for leadership in social responsibility and is the recipient of the 2011 Governance Gavel Award from the Canadian Coalition for Good Governance, recognizing clear and effective public disclosure and leading governance practices. MTS's common shares are listed on the TSX (trading symbol: MBT). Customers, stakeholders and investors who want to learn more about MTS are encouraged to visit www.mtsallstream.com.
Forward-looking Statements Disclaimer
This news release includes forward-looking statements and information (collectively, the "statements") about the Company's corporate direction, business opportunities, operations, financial objectives and future financial results and performance that are subject to risks, uncertainties and assumptions. As a consequence, actual results in the future may differ materially from any conclusion, forecast or projection in such forward-looking statements. Therefore, forward-looking statements should be considered carefully and undue reliance should not be placed on them. Examples of statements that constitute forward-looking information may be identified by words such as "believe", "expect", "project", "should", "anticipate", "could", "target", "forecast", "intend", "plan", "outlook", "see", "set", "pending", and other similar terms.
Factors that could cause anticipated opportunities and actual results to differ materially include, but are not limited to, matters identified in the "Material assumptions" section and the "Risks and uncertainties" section in the Company's 2012 Annual MD&A and 2012 Annual Information Form, all of which are available on SEDAR at www.sedar.com.
Please note that forward-looking statements reflect Management's expectations as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
SOURCE: MTS Allstream
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