AnswerThink Consulting Group and THINK New Ideas Shareholders Approve Merger.MIAMI Miami, cities, United States Miami (mīăm`ē, –ə). 1 City (1990 pop. 358,548), seat of Dade co., SE Fla., on Biscayne Bay at the mouth of the Miami River; inc. 1896. and NEW YORK--(BUSINESS WIRE)--Nov. 4, 1999-- AnswerThink Consulting Group (Nasdaq:ANSR ANSR Autonomous Naval Support Round ANSR Adaptive Network Solutions Research, Inc. ANSR Advanced Neutron Source Reactor ANSR Active No Swashplate Rotor (Army) ) (www.answerthink.com) and THINK New Ideas "New Ideas" is the debut single by Scottish New Wave/Indie Rock act The Dykeenies. It was first released as a Double A-side with "Will It Happen Tonight?" on July 17, 2006. The band also recorded a video for the track. (Nasdaq:THNK) (www.thinkinc.com) today announced that their respective shareholders approved the merger of the two companies. The companies are expected to further comment on their current efforts and successes in their upcoming joint conference call to be held on November 9, 1999. Upon completion of the merger, the combined companies will create a comprehensive "end-to-end" e-business solutions leader for existing and prospective customers. The merged companies are expected to commence with a new branding and marketing initiative during the fourth quarter of 1999 and extending into the new year, focusing on the companies total e-solutions capabilities. "The growing complexity of creating e-business solutions requires a new type of company with deeper and broader skill sets to engineer the future of e-business," said Ted A. Fernandez, Chairman and 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. of AnswerThink. "We believe we have created the leading comprehensive e-solutions provider in our sector." "Our clients and our marketspace  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. are demanding a new type of solution to the challenges of succeeding in e-business and e-marketing," said Ron Bloom, Chairman and CEO of THINK New Ideas. "I am delighted that our respective shareholders have confirmed what our clients have already embraced... that a new type of company is required to develop and integrate the complexities of a successful e-business strategy, and that we are that company." AnswerThink and THINK New Ideas have been jointly pitching business since June with considerable success. Early wins span a broad range of clients and industries. Together, the merged company will field over 1,300 associates in e-business, e-strategy, logistics, application development and integration, branding and marketing, interface design, infrastructure development and customer acquisition and retention. The company is focusing its attention on helping both Fortune 1000 companies and emerging dot-coms develop and implement successful e-business models, brands, strategies, and systems. About AnswerThink AnswerThink provides integrated consulting and technology enabled solutions focused on the emerging Internet-driven electronic commerce marketplace. AnswerThink provides a wide range of integrated solutions, including benchmarking, business strategy and architecture, software package implementation, electronic commerce and decision support technology. These solutions span multi-entity functional areas and include supply chain, customer relationship management, finance, human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. and information technology. Recent clients include Bell Atlantic, General Electric, General Motors, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Nextel, Novartis, Revlon and Visa. About THINK New Ideas THINK New Ideas provides e-business, e-marketing, e-community, e-commerce and e-technology solutions to Fortune 500 and other high profile clients. THINK New Ideas is also positioned as one of the leading Internet and Intranet systems developers and interactive communications solutions providers in the new technology and digital communications Transmitting text, voice and video in binary form. See communications. arena. The Company operates from its New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Atlanta, Boston, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Seattle, Torrance, London and Sofia, Bulgaria office locations. Clients include Avon, Bell South, Coca-Cola, Gillette, IBM, Network Associates, Nortel Networks, Procter & Gamble, Time Inc. New Media and Turner Broadcasting. Certain statements contained in this release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and since such statements involve risks and uncertainties, actual results and performance of the companies and the industry may turn out to be materially different than the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. The companies also disclaim any obligation to update its view of any such risks or uncertainties or to publicly announce the result of any revisions to the forward-looking statements made in this release. |
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