05:32:18 EDT Mon 15 Aug 2022
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Converge Technology Solutions Corp
Symbol CTS
Shares Issued 214,896,369
Close 2022-06-17 C$ 5.79
Recent Sedar Documents

Converge's Portage CyberTech acquires Notarius

2022-06-20 12:05 ET - News Release

Mr. Don Cuthbertson reports

CONVERGE TECHNOLOGY SOLUTIONS CORP. ANNOUNCES PORTAGE CYBERTECH INC. ACQUIRES NOTARIUS

Converge Technology Solutions Corp.'s majority-owned subsidiary, Portage CyberTech Inc., has acquired Notarius. Notarius is the 33rd acquisition made by Converge or its affiliates and the third acquisition made by Portage CyberTech, a Converge company.

Headquartered in Montreal, Que., Notarius provides solutions that safeguard the long-term reliability of electronic documents. As an enabler of digital trust, Notarius offers secured digital signatures, trusted electronic signatures and reliable signature tools throughout North America. Notarius is also the only Canadian firm that issues trusted signatures recognized by Adobe and Microsoft and certified according to eIDAS (electronic identification, authentication and trust services) standards. For over 25 years, Notarius has been working to build digital trust ecosystems for identities and to ensure the authenticity of signed electronic documents in order to secure transactions between a wide variety of regulated professionals, business partners, clients, municipalities and government agencies.

"Joining the Portage CyberTech family provides tremendous opportunities to grow and enhance Notarius's solution offerings to professionals and organizations wishing to digitally transform themselves and increase their productivity while remaining compliant with laws and regulatory frameworks. This acquisition is a springboard for Notarius, which benefit from Portage and Converge to solidify its partnerships and ensure growth in North America," said Patrick Drolet, chief executive officer of Notarius.

"One of Canada's and Quebec's most respected names in digital identity and digital signatures, Notarius, is also far and away the leader in building and successfully maintaining large trust ecosystems, sometimes involving thousands of entities. This acquisition positions Portage CyberTech as an industry leader as digital identity evolves to include trusted data," said Don Cuthbertson, chief executive officer of Portage CyberTech. "In addition to being the leader in trust ecosystems, the Notarius acquisition will eventually allow us to add digital signature functionality to other offerings within our platform as well as open the door to hundreds of new potential clients."

Notarius marks the 33rd acquisition announced by Converge or its affiliates since October, 2017. Converge's family of companies also includes Corus Group LLC, Northern Micro Inc., 10084182 Canada Inc. (operating as Becker-Carroll), Key Information Systems Inc., BlueChip Tek Inc., Lighthouse Computer Systems Inc., Software Information Systems LLC, Nordisk Systems Inc., Essex Technology Group Inc., Datatrend Technologies Inc., VSS LLC, Solutions PCD Inc., Unique Digital Inc., Workgroup Connections Inc., Vivvo Application Studios Ltd., Vicom Computer Services Inc., CarpeDatum LLC, Accudata Systems Inc., Dasher Technologies Inc., ExactlyIT Inc., Rednet GmbH, Vicom Infinity Inc., Infinity Systems Software Inc., LPA Software Solutions LLC, OPIN Digital Inc., Paragon Development Systems Inc., Visucom GmbH, 1CRM Systems Corp., Interdynamix Systems, Creative Breakthroughs Inc., PC Specialists Inc. (doing business as Technology Integration Group), and GfdB, ImfB and Deqster.

About Notarius

As an enabler of digital trust, Notarius offers secured digital signatures, trusted electronic signatures and reliable signature tools throughout North America. Notarius's solutions give electronic documents a higher level of legal reliability than a hand-signed paper document. Notarius ensures the integrity and authenticity of electronic documents. By adopting Notarius's solutions, professionals and organizations subject to stringent legal requirements digitally transform their entire workflow while ensuring the long-term retention of their electronic archives. Notarius collaborates with more than 50 professional associations in Canada and serves more than 4,000 companies, universities and municipalities. The company manages more than 50,000 digital identities.

About Portage CyberTech Inc.

Portage CyberTech powers trusted digital transactions between individuals, businesses and government organizations. Driven by some of the most ambitious digital projects and its desire to raise the visibility of its clients at home and abroad, Portage CyberTech's committed team of experts in all things digital -- identity, access management, trusted services and communications -- have created the solutions designed to reach your customers.

About Converge Technology Solutions Corp.

Converge Technology Solutions is a software-enabled IT (information technology) and cloud solutions provider focused on delivering industry-leading solutions and services. Converge's global solution approach delivers advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure and digital workplace offerings to clients across various industries. The company supports these solutions with advisory, implementation and managed services expertise across all major IT vendors in the marketplace. This multifaceted approach enables Converge to address the unique business and technology requirements for all clients in the public and private sectors.

© 2022 Canjex Publishing Ltd. All rights reserved.