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NEWS For Immediate Release  Recreate Solutions Forges Strategic Relationship with Cameron ThomsonInteractive Media Services Group Collaborates With Cameron Thomson To Support International Expansion London, UK - 6 April 2004 - Recreate Solutions, a leading provider of digital interactive technology services with headquarters in London, today announced a strategic partnership with Cameron Thomson Group. Under the arrangement, Cameron Thomson Group, the pre-eminent supplier of business development services to the media and entertainment industries, will work with Recreate Solutions in broadening the reach of its digital interactive technology services to the international media and entertainment communities. Recreate Solutions' expertise is in delivering powerful technology service solutions in Interactive TV, media asset management, eLearning, digital archiving and games development. The company's high-quality and cost-effective interactive media services have been utilized by leading companies around the world, including many of the world's leading TV providers. The company offers a hybrid delivery model that incorporates onshore project management and offshore software development. "Recreate Solutions has enjoyed steady growth over the past few years and with our strategic partnership with Cameron Thomson Group, we hope to accelerate our growth internationally, particularly within the media and entertainment sectors," says Bhaskar Majumdar, founder and CEO of Recreate Solutions. Ronald Thomson, President of Cameron Thomson Group comments, "We are excited to be working with Recreate Solutions to help expand its global reach. By outsourcing interactive media technology services to Recreate Solutions, companies significantly reduce the start-up costs associated with launching innovative new products and services over cross platform media distribution chains. Recreate Solutions' growing list of clients which includes Canal Plus Technologies, Reuters, Digital Interactive Television Group (DITG) and INSEAD, serves as a testament to the efficacy of the off-shoring model for interactive media." Recreate Solutions enables companies to bring to market more viable interactive service offerings and correspondingly grow revenues. The partnership between Recreate Solutions and Cameron Thomson raises the profile of offshore outsourcing as an essential model for the interactive media industry and helps bring cost-effective solutions to a wider audience in Cameron Thomson's key markets including the UK, Europe and North America. ####
Recreate Solutions is a leading digital interactive technology services company with headquarters in London, an offshore development centre in Mumbai, India, and sales operations in New York and Paris. Recreate Solutions has grown steadily since 2000, earning a reputation for delivering quality, cost-effective solutions to some of the world's leading media and entertainment clients. They have raised significant venture capital financing from New York-based Insight Capital Partners and Connect Capital. Contact Recreate Solutions on www.recreatesolutions.com or directly via e-mail: In the UK - Gigi Bettencourt-Gomes gigi.bg@recreatesolutions.com
Cameron Thomson Group Ltd. is a leading business development company specializing in providing corporate development and investment banking services to the media, IT and entertainment industries. Drawing from its broad base of experienced and highly motivated professionals, Cameron Thomson's expertise is in transforming business ideas into prosperous commercial opportunities. Cameron Thomson has a track record in building successful new media companies that maximize the value of their intellectual properties globally through traditional media, the Internet, and via evolving broadband and wireless distribution mediums. Cameron Thomson Group is based in Toronto, Canada, with offices in Milan, Italy, and in London, UK. As part of its core offering, the company is engaged in arranging financing for media, entertainment and IT companies. Cameron Thomson Group has established an enviable track record in financing start-up, early-stage companies, mature businesses, motion picture productions and other media projects. For more information on Cameron Thomson Group, visit www.cameronthomson.com or contact: In the UK - Stuart Chambers +44.0207.659.1191, schambers@cameronthomson.com |
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