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CanWeb Completes Acquisition of Chronicle Technologies Inc.


For Immediate Release

Sarnia, ON – July 24, 2003 – CanWeb, today announced its acquisition of the assets of Chronicle Technologies Inc. (Chrontech), a privately held company located in London. Chrontech developed a leading edge suite of knowledge management products for the manufacturing, process control, health care and education industries.

CanWeb’s newly acquired suite of products include:
  • iWareTM –the customizable ‘knowledge management’ engine

  • iComplyTM -a health, safety, environment, quality management and internal corporate compliance application

  • iAssetTM –an application to track, sort and manage your assets

  • iLogbookTM –an electronic logging and incident management application

  • iPlaceTM –a human resource management application for academic institutions to manage co-op placement activities

“We believe, in addition to expanding CanWeb’s portfolio of software assets, this acquisition will enable us to enhance the support and delivery of these products to new customers as well as our existing markets”, said David Grant, President, CanWeb.

About CanWeb
CanWeb provides DynIPTM DNS management, enterprise and web-enabled software applications. Since its incorporation in 1995, CanWeb continues to expand into international markets and currently serves customers in over 100 countries. Most recently, CanWeb has launched new initiatives to target educational and corporate customers, and is actively seeking affiliate and reseller partnership opportunities.

For further company information, please visit our website at www.canweb.ca.


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For further information please contact:

Mr. C.R. Gentry, V.P., Business Development
CanWeb Internet Services Ltd.
Toll Free: (877)-422-6932 or (519) 332-6900
Email: crgentry@canweb.com


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