LONGUEUIL, QC, July 9 /CNW Telbec/ - DECIMAL, a company specialized in
corporate performance management solutions and professional services,
announces today that it has concluded an asset purchase agreement for the
majority of Amadeus International inc. ("Amadeus") operating assets.
Under the agreement, DECIMAL has acquired the majority of Amadeus'
tangible and intangible assets used in operating the enterprise, including
software and source code of Providence(R), eQRP(R) and eQCM(R), the latter
being Amadeus' flagship enterprise compliance and quality management product.
DECIMAL has also acquired the intellectual property and rights to client
contracts, including the execution of maintenance contracts currently in
The majority of Amadeus' employees have concluded employment contracts
with DECIMAL, therefore ensuring the continued development of eQCM(R) and the
on going market development and customer support efforts.
Through this transaction, DECIMAL also gains an operating base in Quebec
City at 400, boulevard Jean-Lesage, suite 500.
"We are extremely satisfied to have completed this transaction and it is
a pleasure to welcome clients and employees of Amadeus in DECIMAL" said Mr.
Stephane Gaouette, executive vice-president of DECIMAL. "Amadeus' products and
team add an important aspect to our expertise, notably the performance of our
clients through quality and compliance management. This aspect adds to our
presence in budget planning, strategic cost management, profitability
analysis, governance and business intelligence, for which DECIMAL is already
recognized. Amadeus also brings forward and international presence with
clients in Canada, the Unites States, Europe and North Africa. While Amadeus
is synergistic with DECIMAL in the manufacturing, distribution, governmental
and financial services sectors, it also brings internationally recognized
expertise and presence in the life sciences industry. The Amadeus team will
carry on developing and selling in these industrial sectors while bringing
synergies in marketing and research and development", Mr. Gaouette concluded.
DECIMAL is engaged in the design of specialized solutions in the area of
corporate performance management. Most notably, the company operates in the
areas of budget planning, strategic cost management, profitability analysis,
governance and business intelligence.
DECIMAL offers a vast array of consulting services and a Research &
Development team that has developed a world class software solution in the
activity based management and budgeting area (ABM). More information can be
found on DECIMAL at www.decimal.ca
Amadeus is a pioneer and leading provider of Enterprise Quality and
Compliance Management software solutions. For over 14 years, customers in the
Life Sciences, Manufacturing, Financial Services and other industries have
automated their compliance and quality processes using Amadeus software
platforms. Its flagship product, eQCM(R), offers an integrated and very cost
effective solution for enterprise governance, risk management, quality and
compliance management. More information on Amadeus and eQCM(R) can be found at
For further information:
For further information: DECIMAL: Mr. Stéphane Gaouette, Executive
vice-president, (450) 640-1222, ext. 30, email@example.com; Amadeus:
Isabelle Rivoal, Marketing and Communications Director, (418) 525-0606, ext.