Caneum Inc. IT Services Group Announces Another New Customer Win, Signing a One-Year Renewable Infrastructure Support Agreement with IDEA Health & Fitness Association.NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif. -- Information technology and business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in company inks a one-year, renewable deal providing outsourced infrastructure support and maintenance agreement with San Diego-based IDEA. Caneum Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CANM CANM Canadian Association of Nuclear Medicine CANM Computer-Aided Network Management CANM California Association for Naturopathic Medicine ) today announced that it has signed a long-term contract with IDEA Health & Fitness Association for outsourced IT infrastructure services. The scope of the agreement includes an initial diagnostic and optimization of their entire LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. , application and Web servers, e-mail servers and security measures. The ongoing contract also includes desktop support. Additional projects under the umbrella agreement include strategic business process reengineering See reengineering. services and other Web-related projects to be defined as IDEA grows its business into new markets. IDEA selected Caneum to help further enhance its IT infrastructure. The initiative is critical to IDEA as it continues its drive to be a leading provider of community and best practices to fitness industry professionals. Paul Ramirez, SVP SVP S'il Vous Plaît (French: Please) SVP Senior Vice President SVP Schweizerische Volkspartei (Swiss People~s Party) SVP Society of Vertebrate Paleontology SVP Social Venture Partners SVP St Vincent de Paul at IDEA, commented: "We hired Caneum to help us on several immediate, tactical upgrades within our IT infrastructure, however we quickly realized Caneum could serve as a strategic technology partner advising and supporting us across all our technology platforms to help us better serve our customer base. Caneum has made an immediate impact on our environment." About IDEA Health & Fitness Association IDEA Health & Fitness Association is the world's leading membership organization of health and fitness professionals, with more than 19,000 members in over 80 countries. Since 1982, IDEA has provided health and fitness professionals with unbiased data, pertinent information, educational resources, career development and industry leadership. IDEA's membership includes personal trainers, program and fitness directors, business owners and managers, and group fitness instructors. About Caneum Inc. Caneum Inc. is a global provider of business process and information technology outsourcing Information Technology Outsoucing or ITO is a company's outsourcing of computer or Internet related work, such as programming, to other companies. It is used in refence to Business Process Outsourcing or BPO, which is the outsourcing of the work that does not require so much products and services across vertical industries including technology, energy, government, transportation, financial services, education and healthcare. The company provides a suite of business strategy and planning capabilities to assist companies with their "make versus buy" decisions in the areas of data, network, product development, product maintenance and customer support and fulfills its services in-house, on-shore, near-shore and off-shore depending on the business goals and objectives of its global customers. In parallel, Caneum is opportunistically pursuing accretive acquisitions within its core outsourcing product and service suite in order to broaden its core capabilities, expand its customer base and supplement its organic growth. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under 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: with the exception of historical information, the statements set forth above include forward-looking statements that involve risk and uncertainties. The company wishes to caution readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include but are not limited to the risk factors noted in the company's filings with the Securities & Exchange Commission, such as the rapidly changing nature of technology, evolving industry standards and frequent introductions of new products and enhancements by competitors; the competitive nature of the markets for Caneum's services; Caneum's ability to gain market acceptance for its services and products; the company's ability to attract and retain skilled personnel; the company's ability to fund its operations; and the company's reliance on third-party suppliers. (C) Caneum Inc. 2003-2005. All Rights Reserved. |
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