/C O R R E C T I O N from source -- R3D Consulting/

Please take note that c8488 issued today at 08:30e has been updated. Revised copy follows:

R3D Consulting acquires Solutions TI - The company strengthens its position within the financial products market

MONTREAL, April 1 /CNW Telbec/ - R3D Consulting Inc. is proud to announce it acquired Solutions TI, a consulting services firm specializing in project management, business consulting and information technology.  The acquisition falls in line with R3D Consulting Inc.'s growth strategy and reinforces its position as a leading Quebec project management and independent strategic consulting firm in the information technology sector. Effective today, the transaction involves a complete integration of Solutions TI within the R3D Consulting Inc. corporate structure.

"This is an important acquisition.  Strategically, it is advantageous for the company as we now benefit from Solutions TI's expertise in both the financial and information technology sectors. For our employees, both current and new, it represents better opportunities for career advancement within a growing organization," said Bernard Roy, President and COO of R3D Consulting Inc.  "The purchase of Solutions TI also enables us to broaden our customer base and strengthen our relations with our existing clients."

Recognized expert in the field and former senior vice president of Solutions TI, François Labrie will assume the role of Executive Vice President, Finance and Insurance, at the Montreal office of R3D Consulting Inc. "I am pleased to join this dynamic team and to be a part of this great success story at R3D.  Evidently, as we are definitely in growth mode, all jobs will be retained. The goal is to grow together, within R3D," he confirmed.

Founded in 2001 in Montreal, Solutions TI has revenues of over $6 million and employs approximately thirty consultants. The acquisition of Solutions TI and integration of the two companies will allow R3D Consulting Inc. to achieve improved synergies and better respond to the expectations and the increasingly sophisticated needs of its clients.

About R3D

Celebrating its 15th anniversary this year, R3D Consulting provides management and information technology consulting services, distinguishing itself by pairing business services with technology. R3D Consulting offers expertise in project management, business consulting and IT architecture solutions for four major industries: public, finance and insurance, manufacturing and distribution, and services.  Headquartered in Montreal, R3D is comprised of over 400 professionals across 6 offices in Canada, the United States, France and Mexico.  For more information: www.r3d.com

SOURCE R3D Consulting

For further information:

To schedule an interview or to obtain more information regarding this acquisition, please contact:

Marie-Christine Demers
Cohn & Wolfe |Montréal
Tel : 514-845-7026
marie-christine.demers@cohnwolfe.ca
Sophie Roy
Cohn & Wolfe |Montréal
Tel : 514-845-7025
sophie.roy@cohnwolfe.ca

Profil de l'entreprise

R3D Consulting

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