MONTREAL, March 28 /CNW/ - Montec Holdings Inc. ("Montec" or "the
Company"), (TSX-V: MTE), a holding company focused on acquiring and developing
a diversified portfolio of high-growth technology companies, today announced
that its subsidiary, Datex Billing Services Inc. ("Datex"), has deployed its
billing solution for Toronto Hydro Telecom.
"Toronto Hydro Telecom is a full service telecom provider offering
customers a suite of managed network services from basic connectivity to
value-added services," said Jim Dawson, President of Datex. "Our solution will
help them automate their operation and establish a platform for future
"After a rigorous due diligence process, we were pleased to find the
right solution with Datex. Their expertise and functionality best suit Toronto
Hydro Telecom for today and the foreseeable future," said Richard Graham,
Controller, Toronto Hydro Telecom.
"The THT contract strongly supports our Datex strategy to attract high
profile customers," said Myer Bentob, Chairman and Chief Executive Officer of
Montec Holdings. "This is a significant win as it expands Datex's presence in
this sector of the telecom market and demonstrates their ability to compete
effectively in this strategically important sector."
About Datex Billing Services Inc.
Datex is a leading application service provider of CRM, CIS and billing
solutions in a variety of divergent vertical markets. Using its proprietary
Customer Lifestyle Management (CLM) process, Datex team has successfully
managed and maintained the customer care and billing infrastructure for more
than 60 companies spanning three decades of knowledge and experience. Datex's
team of technology experts solves the logistical and technological challenges
of small and medium sized customer focused business. For more information
about Datex, please visit our website at www.datex.ca.
About Montec Holdings Inc.
Montec Holdings Inc. is listed on the TSX Venture Exchange (TSX-V: MTE).
Montec's objective is to create shareholder value by building a profitable
technology entity with high-growth potential. Structured as a holding company,
it will acquire, in each case, at least 51% shareholdings of a number of
synergetic companies and it will develop a diversified portfolio of
high-growth technology companies. The Company recently completed the
acquisition of Datex Billing Services Inc. For more information about Montec
Holdings, please visit our website at www.montecholdings.com.
Forward Looking Statements
This press release contains forward-looking statements which reflect the
Company's current expectations regarding future events. The forward-looking
statements involve risks and uncertainties. Actual results could differ
materially from those projected herein. The Company disclaims any obligation
to update these forward-looking statements.
The TSX Venture Exchange Inc. has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Myer Bentob, Chairman & CEO, Montec Holdings
Inc., Tel: (514) 630-7262, Email: email@example.com; Eric Bouchard,
Investor Relations, The Equicom Group Inc., Tel: (514) 844-7997, Email: