Primacy Relocation

March 01, 2005 20:00 ET

Primacy Relocation Finalizes Purchase of Canadian Subsidiary


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: PRIMACY RELOCATION

MARCH 1, 2005 - 20:00 ET

Primacy Relocation Finalizes Purchase of Canadian
Subsidiary

MEMPHIS, Tenn.--(CCNMatthews - Mar 1, 2005) -

Primacy Relocation, a leading provider of employee relocation and global
assignment management services, announced the launch of its Canadian
subsidiary following the completed purchase of Montreal-headquartered
Continuum International Relocation. The subsidiary will operate under
the Primacy Relocation name.

"Several of our U.S. offices are already working closely with the
Montreal team on new accounts," said Matt Spinolo, Primacy's CEO. "This
prompt validation of our business strategy is very encouraging."

Located in Old Montreal, the new office will not only solidify Primacy's
North American business operations, but also strengthen its growing
European market presence. Many global companies operate subsidiaries in
metropolitan Montreal, owing to its status as an economic gateway
between Europe and the United States.

"Primacy is the only global provider to recognize that each country,
each market, is unique with its own needs," said Isabelle Ducharme,
General Manager of Primacy Relocation in Canada and co-founder of
Continuum.

In becoming part of Primacy, Ducharme's group now has access to truly
global resources and industry-leading technology, while in turn
providing all of Primacy's clients with critical local experience,
access and knowledge of Canada.

Primacy Relocation is a full-service relocation provider, addressing
both U.S.-based and global needs for companies around the world. Primacy
offers the full range of global relocation and assignment management
services, providing turnkey support in home sales, destination services,
household goods move management, program administration, and
international assignment support. In addition to its Memphis
headquarters Primacy has offices in Chicago, Dallas, Los Angeles,
Minneapolis, Omaha, Sacramento and Washington, D.C., as well as Basel,
Geneva, Lausanne, London, Montreal, Munich, Neuchatel, Singapore and
Zurich. Primacy is online (in eight languages) at www.primacy.com.

-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    inferno PR
    Gary Bridgman, 901-278-3773 Ext. 207
    or 901-493-0901 (cell)
    gary@creativeinferno.com