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NEWS Contact: Press Relations, Cameron Thomson Group Ph:(416) 676-1076 Fax:(416) 676-2226 E-mail: press@cameronthomson.com For Immediate Release Cameron Thomson Group Brings Intelynx to e-Learning MarketCameron Thomson Group Enlisted to Orchestrate Sale of its Interlynx Multimedia SubsidiaryNovember 10, 2000, Toronto, Canada - Cameron Thomson Group, the industry pioneer in business development solutions for the converging media and entertainment industries, today announced it has entered into a strategic relationship with Chell Merchant Capital Group (Nasdaq: CHEL), a merchant capital group founded to discover, finance and grow technology companies centred around the exploding Application Service Provider space. As a result of the agreement with Chell, Cameron Thomson Group will orchestrate the sale of Interlynx Multimedia Inc., a world leader in the rapidly expanding e-learning industry that develops Web-based interactive learning solutions for businesses internationally. "We are excited to have Cameron Thomson Group involved in the sale of Interlynx, given its experience and insight into the multimedia industries", said Don Pagnutti, CFO & Vice President Finance. "Cameron Thomson's track record in financing Information Technology companies will be an asset to Interlynx in realizing its strategic growth objectives." "Identifying strategic and capital partners for IT and e-learning businesses is not as tough as it once was," said Ronald Thomson, President of Cameron Thomson Group. "However, getting the value of advice, contacts and introductions is still hard to find Ð and that is an important part of what we provide Interlynx." Under the brand name PROFIS¨, Interlynx has developed the most technologically advanced web-based training custom development environment on the market today. PROFIS¨ is a proprietary suite of code and design modules that can be used to rapidly build customized Web-based education and training web sites for corporations and academic institutions. About Chell Chell Merchant Capital Group is the new model for business generators. It is a merchant capital group founded to discover, finance and grow technology companies centred around the exploding Application Service Provider space. At the heart of Chell Merchant Capital Group is an international team of visionaries, chosen for their experience and their track record in turning good ideas and technology into great companies. Chell's team brings specialized knowledge and proven expertise in the areas of technology, strategy, finance, M&A, corporate law, investor relations, public relations, marketing and human resources recruitment and management. The mission of Chell Merchant Capital Group is to have fun building billion dollar technology companies in the ASP space. With Cameron Chell playing an active role in each of the companies Chell is involved in, the firm has the experience and the resources to launch the next wave of industry-leading companies. Contact Chell at www.chell.com or Tel: 403-303-2345. About Cameron Thomson Group Cameron Thomson Group is a leading business development company specializing in providing leadership and entrepreneurship to the media, IT and entertainment industries. Cameron Thomson has a track record in building successful new media companies that maximize the value of their intellectual properties globally through traditional media and via the Internet. Cameron Thomson Group is privately held with strong board representation from the television, technology, music, and venture industries. Cameron Thomson Group has offices in Toronto, Canada and Milan, Italy. Contact Cameron Thomson Group at www.cameronthomson.com or (416) 676-1076 or at (+39) 02.806168.613. |
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