The president and chief executive officer has been selected for the second year running in recognition of his leadership following a second significant acquisition in less than 9 months.
Montréal, Québec, February 8, 2010 – GFI Solutions Group Inc. (GFI), a leader in the field of IT solutions in Canada, is proud to announce the selection of Mr. Gilles Létourneau, President and Chief Executive Officer of GFI, as one of three finalists for the 2010 ‘PDG de l’année SGF’ prize. The ‘Association québécoise des technologies’ (AQT) will announce the winner at its Vision PDG event to be held on February 18th at the Hôtel Fairmont Tremblant. Mr. Létourneau was nominated for the leadership he demonstrated in the acquisition of Fortsum Business Solutions Inc. in May 2009 as well as for his contribution to the growth of the Québec IT industry.
The acquisition of Fortsum Business Solutions represents a milestone in GFI’s growth-by-acquisition plan and positions the corporation as an accounting and ERP solutions leader in Québec and the rest of Canada. Having affirmed its place in its niche markets, GFI has reached an important threshold number of customers in the pan-Canadian SMB and large organization markets. The power of its position will open doors for new opportunities for expansion and may entice a larger number of players to participate in GFI’s success and future growth.
About GFI Solutions Group Inc.
Founded in 1988, GFI Solutions Group Inc. (GFI) now counts almost 1,000 employees and is one of the leaders in the Québec IT market. GFI specializes in the design and integration of management applications, including professional and technical IT services. Meeting the needs of small and medium-sized businesses (SMBs), large businesses, municipalities and government agencies, GFI offers a range of fully integrated software products and services designed to optimize business processes.
GFI is following its growth plan aimed at making strategic acquisitions in vertical markets. Over a period of five years, these acquisitions have allowed GFI to increase its annual income and the number of its employees by a factor of almost five. The corporation’s most recent acquisitions include Fortsum Business Solutions, Bell Business Solutions and Accovia Inc. Today GFI has a client base of 55,000 SMBs in Canada and Europe, of which 52,000 are based in Québec. For more information, visit GFI’s Website at www.gfisolutions.com
This press release may contain forward-looking statements about GFI Solutions Group Inc. and Fortsum Business Solutions and their respective business units’ objectives, strategies and activities that involve risks and uncertainties. These statements are “forward-looking” because they are based on our current expectations, various estimates and assumptions. Actual events or results may differ materially from those anticipated in these forward-looking statements if known or unknown risks affect our business, or if our estimates or assumptions prove to be inaccurate. Consequently, GFI and Fortsum Business Solutions expressly disclaim any liability or commitment to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
GFI Solutions Group Inc.
Director, Communications and Marketing
514.288.7161, ext. 413