Sightline Innovation announces the acquisition of COSAM Systems Inc. of
TORONTO, Feb. 27, 2013 /CNW/ - Sightline specializes in the design and
development of high technology software systems that take full advantage of
leading-edge open source projects. At the same time, Sightline leverages its
world-class expertise with mobile technology, messaging systems, "big data"
and unstructured databases. Sightline offers both application development
services based on a FTE (Full Time Equivalent) model and synthetic vision
software systems based on its own VtiS (Vision, Telemetry and Intelligence
Systems) framework. Sightline has various strategic relationships/projects
with multiple Ontario Universities and Colleges, and deploys a "top talent"
process to recruit the very best programmers and computer scientists.
COSAM Systems was founded in 2010 by a team of IBM Systems experts with
extensive operational knowledge, industry expertise, IBM Systems expertise and
large-scale education, certification, project management and consultative
selling experience. COSAM has operations located in Canada, USA, Europe/Africa
and Singapore. COSAM's mission is to improve the affordability of
modernization of IBM customer systems through extensive use of Cloud, Open
Source, Analytics and Mobile technology.
Sightline CEO, Wallace Trenholm and Mark Buchner, co-founder of COSAM Systems
Inc., agree: "The acquisition of COSAM Systems Inc., opens the door for
Sightline Innovation to accelerate it's long standing commitment to
open-source software development through game-changing modernization of IBM
systems. Typically, legacy software has prevented clients from fully
exploiting web, mobile, cloud and big data technologies."
The acquisition strengthens Sightline Innovation in the areas of Business
Development expertise including Mergers and Acquisitions, To-Market Strategy,
Intellectual Property Analysis, Branding and Logos. Sightline can also assist
customers with IRAP, SR&ED grants, and Business Case development for investors
and venture capitalists.
Andre M Boisvert, former Senior Vice President of Marketing at Oracle
Corporation and former President & COO of SAS Institute Inc., in addition to
being a co-founder of COSAM Corporation, is currently a Director of several
prominent Open Source and Software as a Service companies, such as Infobright
Corp., Zend Technologies Inc., Palamida Corp., Emailvision Inc., Webtrends
Corp., Transera Communications, Inc., and Clario Analytics Inc. In regards to
Sightline's acquisition of COSAM Corporation, Boisvert commented "As witnessed
by the name we attached to the company Cloud, Open Source, Analytics and
Mobile, we saw a tremendous opportunity to modernize legacy systems by
leveraging game-changing open source, cloud, mobile and analytics
technologies. Sightline Inc. does not only share in COSAM's vision and
passion, they have the complimentary talent and resources that will permit the
combined entity to capitalize on this growing market opportunity".
Sightline Innovation Inc. is a rapidly growing software development company
located in Toronto, Ontario which was founded in 2006. This is the same year
Founder and CEO, Wallace Trenholm, sold his last company, Epoch Integration
Inc, to Research in Motion (RIM).
Mark Buchner Vice President - Business Development (905)
SOURCE: Sightline Innovation Inc
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-0- Feb/27/2013 12:00 GMT
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