Datamark Systems Group Inc.

Datamark Systems Group Inc.
Komunik Corporation

Komunik Corporation

June 12, 2007 16:04 ET

Komunik Corporation Completes Acquisition of Datamark Systems Group Inc.


Komunik Corporation/Datamark Systems Group Inc. (TSX:KOM) Komunik Corporation ("Komunik") and Datamark Systems Group Inc. ("Datamark") are pleased to announce that, on June 8, 2007, the Superior Court of Quebec issued the final order approving the arrangement (the "Arrangement") between Komunik and Datamark pursuant to section 192 of the Canada Business Corporations Act and that Komunik and Datamark have completed all steps contemplated by the Arrangement, effective June 12, 2007. The Arrangement was approved at a meeting of the shareholders of Datamark held on June 7, 2007. The entity (the "Combined Entity") resulting from the combination is named Komunik Corporation and its common shares are listed, effective on June 13, 2007, for trading on the Toronto Stock Exchange under the symbol KOM.

The following persons have been appointed directors of the Combined Entity and shall hold office until the next annual meeting of shareholders of the Combined Entity: Alain Paquin, Sébastien Demers, François Paradis, Jean Bourbonnais, Patrick Préfontaine and François R. Roy.

About Komunik

Komunik, the new entity, is a leading provider of end-to-end solutions for Communication Resource Management. Through innovation and a nation-wide infrastructure, Komunik helps its clients increase the return on their investment. Komunik develops world-class technology, and provides expertise and support for document management, multi-channel relationship marketing and overall print services. Komunik's value proposition includes: Marketing Programs Outsourcing, Email Marketing, Interactive Marketing and Variable Printing Solutions. The Company's proprietary technology provides a flexible feature set to meet marketers' demands. Konversation, a modular technology platform, is designed to optimize and integrate business processes and relationship marketing activities.

(The Datamark Systems Division) is dedicated to providing efficient and innovative document Management solutions. The division provides a full range of products and services including forms, labels, airline products and short and long run commercial printing. Document management services encompass warehousing and distributions as well as customized inventory and cost reporting. The division's plants and distributions centers are in Quebec, Ontario, Manitoba and Alberta.

Cautionary note about forward-looking statements

Some of the statements made in this release may constitute forward-looking information or statements within the meaning of securities laws. These statements are based on certain factors and assumptions, which Komunik and Datamark believe are reasonable as of the current date. While Komunik and Datamark consider these assumptions to be reasonable based on information currently available to us, they may prove to be incorrect. Komunik and Datamark caution that actual future performance could be affected by a number of factors, including technological change, regulatory change and competitive factors, many of which are beyond Komunik's and Datamark's control. Therefore, future events and results may vary substantially from what Komunik and Datamark currently foresee. While Komunik and Datamark may elect to, they are under no obligation (and expressly disclaim any such obligation) and do not undertake to update or alter this information.

Contact Information

  • Komunik Corporation Contact
    Alain Paquin
    President and CEO
    Massy-Forget Public Relations
    Elaine Mayrand / Megan Johnson
    514-842-2455 extension 24 or 31 or