news from TecSyshttps://ca.biz.yahoo.com/cnw/000615/a_tecsys_c.html
Thursday June 15, 12:18 pm Eastern Time
Press Release
SOURCE: Tecsys Inc.
Tecsys Completes a Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
DORVAL, Québec, June 15 /CNW/ - Tecsys Inc. (TSE: TCS) announces that it has signed a subscription agreement today for a private placement of 226,416 common shares to Le Fonds d'investissement REA Inc. at a price of $13.25 per common share or $ 3 million in the aggregate.
About TECSYS:
TECSYS Inc. is a leading provider of enterprise solutions for e-commerce driven organizations. TECSYS' software solutions span the office to the shipping dock and beyond. They include Executive Information System, Order Capture & Order Management, Fulfillment Management, Warehouse Management, Electronic Commerce, Procurement, Financial Management, Project Accounting and Value-Added Services. The company's customers include approximately 300 mid-sized and Fortune 1000 corporations in telecommunications, health care, consumer goods, electrical products, computers, hardware and other vertical markets. Clients include companies such as Sprint/North Supply, Shoppers Drug Mart, Uni-Sélect, Tana/Kiwi Brands, Steiner Electric, SP Richards - a division of Genuine Parts Corp., Cord Logistics - a division of Cardinal Health and FDX Supply Chain Services.
TECSYS Inc. shares are listed on The Toronto Stock Exchange under the ticker symbol TCS.
TRADEMARKS: This presse release refets to numerous products by their
trade names. In most cases, these designations are claimed as trademarks
or registered trademarks by their respective companies.
For further information
Cindy Hoffman, Manager, Media and Investor Relations, Tecsys Inc., (514) 333-0000, est. 2623, E-Mail: cindyh@tecsys.com, www.tecsys.com