LONGUEUIL, QC, Aug. 28 /CNW Telbec/ - Mediagrif Interactive Technologies
Inc. (TSX: MDF), a world-leading developer of e-business networks and provider
of complete e-business solutions, announced today that it has entered into an
agreement for the acquisition of all of the issued and outstanding shares of
U.S.-based epipeline, Inc., a leading online source of research for government
contractors. The closing of the transaction is subject to certain standard
conditions, including the approval of shareholders of epipeline at a duly
called meeting to be held September 7, 2007. Closing of the transaction is
expected to take place shortly after the shareholders' meeting.
epipeline (www.epipeline.com) provides a wide range of solutions and
research services to identify, qualify and track potential government contract
opportunities, and acts as an information conduit between contract companies
and the government. Applications and solutions are accessed over the Internet
and are available on a paid subscription basis.
About Mediagrif Interactive Technologies Inc.
Mediagrif Interactive Technologies Inc. (TSX: MDF) is a world-leading
operator of e-business networks and provider of complete e-business solutions.
Mediagrif's e-business networks allow buyers and sellers within specific
industries to source, purchase or sell products and to exchange documents more
efficiently using the Internet. Mediagrif operates 14 networks, including
industry leaders The Broker Forum (www.brokerforum.com) Power Source On-Line
(www.powersourceonline.com), Telecom Finders (www.telecomfinders.com), Global
Wine & Spirits (www.globalwinespirits.com) and Polygon (www.polygon.net). The
company also owns MERX (www.merx.com), the exclusive provider of e-publishing
services to the Government of Canada, and is a leading provider of government
bid aggregation services and e-procurement services in the U.S. Headquartered
in Longueuil, Mediagrif has other offices in Canada, the U.S, China, India and
Dubai. For more information, please visit us at www.mediagrif.com or call
1 877 677-9088.
For further information:
For further information: Kathy Roberge Director, Communications,
Mediagrif Interactive Technologies Inc., (450) 677-8797, ext. 3014,