Ingenium Group Inc.

Ingenium Group Inc.

April 02, 2007 11:00 ET

Calgary's Poon McKenzie Architects Goes Global

CALGARY, ALBERTA--(CCNMatthews - April 2, 2007) - With a deal inked on March 29, 2007, Poon McKenzie Architects has officially gone global. PMA is now a part of the Ingenium Group of companies, an international employee-owned, multi-national consulting and development company headquartered in Toronto.

Ingenium's origins link back to the amalgamation of the Giffels and NORR entities a decade ago. The Ingenium Group is comprised of three primary operating divisions- Consulting Services, Design-Build and Asset Management and the Consulting Services division includes architecture and several engineering disciplines operating within six major business units.

The official name will remain Poon McKenzie Architects, but is now also an Ingenium Group Company.

http://www.ccnmatthews.com/docs/pmalogo.jpg

PMA will continue to operate with the same focus, but will now be supported by an expanded family of related companies. All the Partners and staff will remain in their roles and client contacts will stay the same. However, as a part of the Ingenium Group, PMA now has access to global expertise, an expanded service offering and more internal resources. This will help PMA continue to meet the demands of the Calgary market and better service projects now and into the future. This is great news for everyone, especially the Clients.

Bruce McKenzie, PMA's VP Operations states, "The decision to sell PMA involved many issues. Primarily, it had to do with securing a sustainable future for the company and its clients based on growth and diversity. The partners believe this purchase provides enhanced opportunities for business success through increased resources and expertise, access to high quality infrastructure and support and attractive methods of ownership transition which are not available within a Partnership business model."

Victor Smith, President of Ingenium's Consulting Services Division is proud to reassure the PMA employees and clients alike, "This deal means that PMA and their solid local relationships are now supported by the added strength of an international organization. We are increasingly involved in some high profile, innovative projects in Morocco, The Caribbean, India, China, and, of course, North America. One such project is Atlantis Palm Island theme resort in Dubai, UAE http://www.norr-international.com/hospitality1.asp . PMA employees and clients now have direct links to these kinds of opportunities."

In support of the decision to buy Poon McKenzie, Victor Smith also offers "Due to the level of economic activity in Western Canada there are increased business opportunities for several of the Ingenium business units. As a growth-oriented organization, we determined it would be advantageous to have a solid presence in Western Canada. This enables us to capitalize on opportunities and manage projects more effectively. We chose PMA because they are large enough to compliment their existing business units and project goals, they have a track record of profitability and steady growth and we share common goals."

Some local Calgary Ingenium and PMA's shared projects to date have included: The Exchange, Highbury Towers, OPUS Campus Heritage Station and Cambrian Professional Centre.

ABOUT the Ingenium Group of Companies

Ingenium Group Inc. comprises a dedicated team of professionals whose strategic vision is to provide integrated consulting, design-build and asset management from a single source provider.

We now employ over 1100 professional staff in offices in Canada, the United States, Latin America, the Middle East, Eastern Europe, Asia and a growing list of select international markets. The Ingenium Group of companies (Giffels and NORR) offers an extensive range of Consulting, Engineering, Architectural, Interior Design and Asset Management services that combine to continuously deliver innovative solutions with a high level of client service focussed on quality, performance and on-budget, on-time completion.

For a full list of services, project portfolios and further information about The Ingenium Group of companies, please visit the website at: http://www.theingeniumgroup.com

Contact Information