Gemcom Acquires TeamTech Business to Expand Gemcom InSite Enterprise Solutions Offering
TeamTech Mine Site Productivity Software and ServicesStaff Add New Capabilities to Gemcom InSiteTM
VANCOUVER, Canada – January 19, 2009 – Gemcom Software International Inc., the largest global supplier of specialised mining productivity solutions, today announced that it has acquired the business of Australian-based TeamTech. Included in the acquisition of the TeamTech business are its mine site productivity software applications, intellectual property, trademarks, and a strong client base. Additionally, the TeamTech staff have joined Gemcom in product management, services and software development roles.
TeamTech software and services are complementary to Gemcom InSite, Gemcom's mine performance management solution. TeamTech product offerings include components for enterprise systems integration, plant performance optimisation, mining activity optmisation, mineral and metal product management, production accounting, and travel and accommodation bookings. Since 1998, their services staff have worked with leading mining companies all over the world, delivering solutions spanning mining and plant operations.
"With the mining industry seeking solutions that increase productivity and reduce costs, I am excited about the additional benefits the TeamTech products and services offer," said Rick Moignard, Gemcom's president and CEO. "TeamTech brings to Gemcom a wealth of experience in deploying enterprise solutions, along with a strong, profitable business, and a global client base that includes some of the industry's best known players."
"TeamTech has worked closely with our clients over the past 10 years to develop mining software solutions that make an immediate, positive impact on their operations. Like Gemcom, we understand the challenges of managing and driving the productivity of large industrial assets. That's why we are thrilled with the opportunity to become part of the mining industry's leader in software and services," said Simon Stone, founder, president and CEO of TeamTech, who joins Gemcom in the new role of product line manager and product evangelist for Gemcom InSite.
For more information about TeamTech products, visit www.gemcomsoftware.com/teamtech.
When mining companies seek to increase mine productivity, they turn to Gemcom for technology and services. The Company is home to world-renowned mining solutions like GEMS, Surpac, Minex, Whittle, and InSite and to industry thought-leaders who are pushing the boundaries of what's possible in mining. Established in 1985, Gemcom has a global reach delivering comprehensive solutions in all major mining centres in more than 90 countries. Every major mining company, including BHP Billiton, Codelco, De Beers, Newmont and Vale is a Gemcom client. Through a combination of organic growth and strategic acquisitions, the Company has become the largest global supplier of specialised mining productivity solutions. For more information, visit www.gemcomsoftware.com.
Gemcom, the Gemcom logo and combinations thereof, are trademarks of Gemcom Software International Inc.
GEMS, Surpac, Minex, Whittle, MineSched, PCBC, Gemcom InSite, are either registered trademarks or trademarks of Gemcom Software International Inc.
For more information contact:
Mark Bese, Marketing Communications Manager
+1 604 684 6550, ext. 4481