Calian Technology Celebrates 20th Birthday.Business Editors KANATA, Ontario--(BUSINESS WIRE)--Sept. 26, 2002 Marks milestone with gifts to community Tomorrow, Calian Technology Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :CTY CTY - /sit'ee/ or /C-T-Y/ [MIT] The terminal physically associated with a computer's system console. The term is a contraction of "Console tty", that is, "Console TeleTYpe". ) celebrates the completion of its 20th year in business, marking the milestone with a 20th birthday party at the Museum of Civilization Museum of Civilization may refer to:
"Twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. of solid growth and almost unbroken profitability are a major accomplishment - and particularly so in these challenging times," said Larry O'Brien
Lawrence "Larry" Francis O'Brien, Jr. (July 7 1917 – September 28, 1990) was one of the United States Democratic Party's leading electoral strategists when, for more than two , 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. . "We owe a tremendous amount of credit for our success to this community and to our employees, and that's where we are putting the emphasis in marking this occasion." During Calian's 20th birthday celebration Friday night, Mr. O'Brien will present donation cheques to Algonquin College The name of Algonquin College's sports team is the Algonquin Thunder. The Woodroffe campus is complete with a student residence. In 2002 the residence expanded beyond its initial capacity. This was due to the removal of the OAC program offered in Ontario high schools. and to Ottawa's 2002 United Way Campaign. Calian is contributing $100,000 to Algonquin's new Advanced Technology Centre, the soon-to-be home for Algonquin's School of Advanced Technology. "Larry's success and his generosity set a tremendous example for our students and for our community," said Morris Uremovich, Dean of Algonquin's School of Advanced Technology. "Successful alumni like him inspire entrepreneurship and innovation for future generations, and strengthen the foundation for our future." The company is also making a $16,000 corporate contribution to the 2002 United Way campaign, above and beyond the significant amount contributed by Calian employees each year. "Larry and Calian have long been great contributors to the community," said Jim Watson
Jim Watson is a politician in Ontario, Canada. , chair of Ottawa's United Way campaign. "They know and underline the interdependency between healthy companies and a healthy community." As an additional element of the company's 20th celebration, Calian is reaching the further milestone of accreditation by the National Quality Institute for achieving the world-class Progressive Excellence Program Level 1 quality standard. Dan Corbett, President and CEO of the National Quality Institute will attend Friday's celebration to present the company with the certification. O'Brien founded Calian in Ottawa in 1982 as a one-person consulting firm with a grand total of $35 in investment capital. He derived the name from Calabogie Lake, on whose shores he was relaxing in a hammock hammock, suspended bed, usually of netting, canvas, or leather. The hammock and its name were introduced to Europeans by Christopher Columbus, who learned of them from Native Americans. when he took the decision to form the company. Two years later, Don Armstrong and a group of local angel investors provided $100,000 in angel financing to fuel the company's growth. In 1990, Calian acquired SED Systems of Saskatoon Saskatoon (săskət n`), city (1991 pop. 186,058), S central Sask., Canada, on the South Saskatchewan River. , which is now Calian's highly-successful systems engineering division. Calian went public on the Toronto Stock Exchange Toronto Stock Exchange (TSE)Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. on September 23, 1993, with approximately 500 employees and revenue of $27 million. Calian has been profitable in 17 of its 20 years, and is now ranked as Ottawa's sixth-largest publicly-traded company. About Calian Calian Technology Ltd. (TSX:CTY) provides systems engineering and staffing and outsourcing services to industry, government and major organizations in Canada, the United States and around the world. With two decades of success and over $125 million in annual revenues, Calian provides customers with ready access to an exceptional team of over 2,200 engineers, telecommunications and technology professionals, and other highly qualified staff. The Staffing and Outsourcing Services Division augments customer workforces with flexible short and long-term placements, recruitment and outsourcing of engineering and other skilled professionals. The Systems Engineering Division plans, designs and implements solutions for many of the world's space agencies and leading communications satellite manufacturers and operators. For more information on mentioned organizations: Algonquin College School of Advanced Technology: http://www.algonquinc.on.ca/atec/ United Way Ottawa: http://www.unitedwayottawa.ca/ National Quality Institute: http://www.nqi.ca/ Advisory re Photo Opportunity: Larry O'Brien will be presenting cheques to John Hamilton of Algonquin College and Jim Watson of the United Way at the Museum of Civilization in Gatineau at approximately 8:00 PM Friday September 27. |
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