American Labelmark Purchases Cancom Insight Conference Unit.MISSISSAUGA Mississauga (mĭsĭsaw`gə), city (1991 pop. 463,388), S Ont., Canada, 12 mi (20 km) W of Toronto on Lake Ontario. A residential suburb of Toronto and a growing transportation and industrial center, it is one of Canada's fastest-growing , Ontario--(BUSINESS WIRE)--June 11, 1998--Cancom (Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. Satellite Communications Inc.)(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :SAT)(ME:SAT) is pleased to announce that its Insight Conference unit (Insight) has been purchased by American Labelmark of Chicago. The Insight assets purchased include both its conference and publication businesses. Ms. Lynn Kaminski will continue on as President of Insight and all the existing employees will be offered employment by the new owners. There will be no change affecting customers or suppliers at this time since all scheduled or planned conferences will continue as planned. Duncan McEwan, Cancom President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. stated: "We are very pleased with the agreement reached with American Labelmark. For years Insight has been a respected player in the field of conferences for executives and professionals in Canada. It will now have room to grow continent-wide. It made sense for Cancom to divest To deprive or take away. Divest is usually used in reference to the relinquishment of authority, power, property, or title. If, for example, an individual is disinherited, he or she is divested of the right to inherit money. Insight's Conference business to focus purely on the satellite interactive distance learning opportunities which will remain within the Cancom Learning Solutions division." Gary Mostow, Chairman of American Labelmark, stated: "We are confident that our line of regulatory books, publications, and marking materials will be enhanced by this association. We look forward to expanding the Insight name in the Unites States." American Labelmark Company, through its H/R Pro, Labelmaster and TEXT-Trieve Divisions, provides products to help companies comply with governmental regulations. The Labelmaster Division of American Labelmark has been in business since 1967. The company is located in Chicago, Illinois Illinois, river, United States Illinois, river, 273 mi (439 km) long, formed by the confluence of the Des Plaines and Kankakee rivers, NE Ill., and flowing SW to the Mississippi at Grafton, Ill. It is an important commercial and recreational waterway. , Seattle, Washington  This page is protected from moves until disputes have been resolved on the .The reason for its protection is listed on the protection policy page. and now Toronto, Ontario. Cancom is Canada's leading expert in evaluating, selecting, integrating and implementing satellite-based solutions for business. Cancom operates in four main lines of business. Cancom Broadcast Solutions delivers a wide range of digital TV signals to thousands of communities and provides video distribution to a number of broadcasters across the continent. Cancom Tracking Solutions provides tracking and messaging for the Canadian trucking industry. Cancom Learning Solutions builds and maintains private satellite interactive distance learning networks and communications for business and governments. Cancom Data Solutions designs, implements, and manages multi-protocol, Internet/Intranet-based networks that link hundreds of branch and head offices. It trades on the Toronto and Montreal Stock Exchanges Montreal Stock Exchange See Bourse de Montreal, Inc. (Canadian Derivatives Exchange) (SAT). CONTACT: Cancom Patricia Dumas, 905/272-6603 pdumas@cancom.ca Cancom web site: http:www.cancom.ca or American Labelmark Dwight Curtis, 773/478-0900 DWIGHTC@ALC-NET.com |
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