Bell Business Solutions Inc. will Deliver Integrated IT Solutions for
Canadian Small and Medium Businesses
MONTREAL,April 7 2005 --
Bell Canada announced today that it has
completed the acquisition of Nexxlink Technologies Inc. and that the Montreal-
based provider of IT solutions will become a wholly-owned subsidiary of Bell
Canada. The amalgamation of Nexxlink Technologies was approved by Nexxlink
shareholders at a special shareholder meeting held today.
Immediately following the Nexxlink shareholder meeting held today, Bell
Canada also announced the launch of Bell Business Solutions Inc. - a newly
formed division that will combine both the recently acquired Charon Systems
and Nexxlink Technologies. Bell Business Solutions will provide leading IT
solutions to the small and medium business (SMB) segment across Canada. Robert
Courteau, former head executive of Nexxlink Technologies, is appointed
President and Chief Executive Officer of the new division.
"The integration of these two leading IT organizations into a single and
focused entity will reinforce Bell's capability to act as a technology advisor
to small and medium businesses in Canada," said Karen Sheriff, President,
Small & Medium Business at Bell Canada. "I am pleased to have Robert join
Bell's small and medium business leadership team. The launch of Bell Business
Solutions is a key building block of our strategy to deliver a comprehensive
set of integrated IT and telecommunications solutions that suit the needs of
Bell Business Solutions will have a strong presence across Canada with
over 1,100 IT professionals and offices in Montreal, Toronto, Ottawa, Calgary,
Edmonton, Vancouver, Quebec City and Sherbrooke. This will strengthen Bell's
position as a leading Canadian provider of integrated end-to-end IT solutions
to small and medium businesses and key vertical market solutions, in
industries that include: municipal, government, healthcare, manufacturing,
distribution, professional service and retail.
The Bell Business Solutions portfolio will combine the best of both
Charon Systems and Nexxlink Technologies business solutions to include:
- Business Applications and Enterprise Resource Planning Solutions
- Network Infrastructure Solutions (including access, security and
- Hosting and Managed Services
- Hardware, Software procurement and Technical Services
"Bell's expanded portfolio and integrated IT and Telecom solutions will
allow our customers across Canada to become more competitive, lower their
total cost of IT ownership, and maximize their return on invested IT capital,"
said Robert Courteau, President and CEO of Bell Business Solutions. "Bell is
truly becoming a supplier of choice for business customers in the IT space,
helping them become more efficient and focus on growing their core business."
Bell Business Solutions will operate under the Bell brand as a division
of Bell Canada. Customers should continue to work with their points of contact
within Nexxlink Technologies and Charon Systems for all inquiries pertaining
to product, service, billing and technical matters.
Bell had previously acquired 89.2% of Nexxlink's outstanding common
shares as a result of its offer made in December 2004 to acquire the company.
An application has been made to the Toronto Stock Exchange to delist the
common shares of Nexxlink Technologies. It is expected that the company will
cease to be a reporting issuer shortly thereafter.
About Bell Canada
Bell Canada, Canada's national leader in communications, provides
connectivity to residential and business customers through wired and wireless
voice and data communications, local and long distance phone services, high
speed and wireless Internet access, IP-broadband services, e-business
solutions and satellite television services. Bell Canada is wholly owned by
BCE Inc. For more information please visit www.bell.ca .
For further information: Paolo Pasquini, Bell Canada Media Relations,
(416) 581-3311, 1 888 482-0809, firstname.lastname@example.org
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