TORONTO, March 4 /CNW/ - OnX Enterprise Solutions Ltd., a leading IT solutions provider and one of Canada's 50 Best Managed companies in 2008 and 2009, today announced the acquisition of an ownership share in FoxWise Technologies Inc, one of Canada's leading Aboriginal IT companies.
"As we continue to grow our business we want to provide our clients with options for the procurement of IT solutions", stated Ed Vos, President of OnX. "Partnering with a known and trusted partner that has a stellar reputation like FoxWise, not only makes good business sense, but it also allows OnX the opportunity to collaborate with Aboriginal people in strengthening the Canadian economy through Canada's PSAB (Procurement Strategy for Aboriginal Business). This acquisition is congruent with OnX's corporate values, cultures and goals."
"I believe this acquisition will take FoxWise to the next level in helping us to achieve one of our overriding goals, which is to bridge the gap between the high-tech industry and First Nations. This will be accomplished by the development of an Aboriginal workforce through the process of recruiting, training and hiring", stated Sam Damm, President of FoxWise. "This partnership will support the Federal Framework for Aboriginal Economic Development by giving us access to a larger network of technical resources which will increase our visibility, bringing our status to a national scale with marketing opportunities across Canada."
About OnX Enterprise Solutions Ltd. -----------------------------------
Voted one of Canada's 50 Best Managed Companies in 2008 and 2009, OnX Enterprise Solutions has been serving the Canadian market for over 25 years. OnX designs, builds and operates mission-critical computing environments. We help organizations optimize the use of technology to achieve their business objectives and build shareholder value. OnX has a proven reputation for delivering innovative technology solutions that reduce costs for our clients. Headquartered in Toronto, Ontario, OnX has offices in Calgary, Edmonton, Regina, Winnipeg, Cambridge, Windsor, Ottawa, Halifax, Fredericton, Atlanta, Dallas, and Windsor, UK.
About FoxWise Technologies Inc. -------------------------------
FoxWise Technologies Inc., headquartered in Ottawa, was founded in 2000 and today has established itself as one of Canada's leading Aboriginal IT companies. FoxWise is a reseller of computer systems and enterprise IT equipment, as well as an IT professional services company with a primary focus on the Canadian Federal Government and Aboriginal markets. FoxWise qualifies as an Aboriginal Business under the PSAB program (Procurement Strategy for Aboriginal Business), in which the Government of Canada commits to spend 5% of its entire budget for goods and services (approx. $20B) with Aboriginal companies.
For further information: For further information: Greg Guy, GM Eastern Region OnX Enterprise Solutions, 1-888-647-6363 ext 2650, (613) 691-0309 ext 2650 (Ottawa), [email protected]