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Weekly News Digest
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April 26, 2004 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today.
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Nstein Acquires KMtechnologies
Nstein Technologies, Inc. (http://www.nstein.com), based in Montreal, has acquired KMtechnologies, a Canadian software developer of Web-based collaboration solutions as well as document, knowledge, and customer-relations management solutions. This provides Nstein with an important complement to its Global Intelligent Information Management (GIIM) platform for large corporations and organizations. [For background on Nstein, see the interview in the print April 2002 issue of Information Today.]Nstein will be able to access a significant network of potential clients in the U.S. and Canada and offer its clients new collaboration and information management functions. An example of what Nstein will be able to offer is a collaborative dashboard driven by Nstein's unstructured data exploration solutions that will provide previously-inaccessible critical indicators of particular interest to senior executives. KMtechnologies' clientele includes large corporations and organizations, such as Visa International, the Montreal Canadiens Hockey Team, Tembec, and the University of New Mexico. The company had sales of $1.3 million in 2003 and received a total of $9 million for its product research and marketing. The acquisition of KMtechnologies should have an immediate positive impact on Nstein's financial results and growth. Source: Nstein Technologies, Inc.
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Brandi Scardilli
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