Groupe Lagassé Announces the Acquisition of SMIS R&D

Expands Groupe Lagassé's hardware and software design expertise in the medical and telecommunications markets.

Sherbrooke, Quebec (PRWEB) April 17, 2008 -- Groupe Lagassé, an international company with manufacturing, products and services divisions delivering leading edge communications solutions for the private and public sectors, has signed an agreement to purchase SMIS R&D from the University of Sherbrooke.

With this acquisition, Groupe Lagassé will be expanding its capabilities through SMIS R&D's design expertise in the microprocessor base products to address the needs of its current international clients, such as EADS, Siemens and Ericsson, as well as new customers in the medical and telecom markets.

"SMIS R&D's team, expertise and experience will provide Groupe Lagassé with additional capabilities to respond to the needs of our international client base," said Louis Lagassé, Chairman of Groupe Lagassé. "Their focus on partnering with their customers and working with them to turn their concepts into reality is the approach has created the foundation for their success and ensures that the right solution is delivered at the right time."

"We are excited about the opportunity to join Groupe Lagassé," said Alain Boucher, General Manager. "As a member of the Lagassé Group of companies, SMIS R&D can leverage their expertise and resources to deliver the most effective solution for our customers."

"The Université de Sherbrooke is pleased to see one of its oldest spin-offs join Groupe Lagassé and we are confident that under their experienced management SMIS R&D will grow and create new job opportunities in the Sherbrooke area" said M. Jacques Beauvais, Vice-Rector Research.

"SMIS R&D has made significant contributions to the region. It has provided an environment that has nurtured the development and training for talented individuals who have moved on to executive positions in companies such as C-MAC, Solectron and Media5," said Louis Lagassé. "We are excited about the opportunity to ensure the continued presence and growth of SMIS R&D in this area."

About Groupe Lagassé:

Groupe Lagassé is an international company that provides leading edge, rugged, high reliability, and high availability solutions for the private and public sectors. Its activities include electronic manufacturing expertise for secure radio and telecom products that address the entire product life cycle. The Group also develops advanced carrier grade VoIP access devices, gateways, secure SIP-based software solutions and secure, ruggedized, active RFID solutions. These are complemented by outsourced contact center solutions and automated interactive voice services that can deliver a single message to as many as 10,000 recipients per hour, via phone, mobile phone, SMS and e-mail. Groupe Lagassé is a privately held organization, has operations in Europe and North America and employs over 1,000 people worldwide. For more information about Groupe Lagassé, visit www.groupelagasse.com

Contacts

Groupe Lagassé:

Denis Marchand

(819) 569-3085 x333

SMIS R&D:

Alain Boucher

(819) 829-5120 x4222

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