 |
|
|
|
September 12, 2002
|
|
Dymaxium snaps up Digital Rain – a leading interactive multimedia shop
|
| |
Toronto, ON – Dymaxium Inc. (www.dymaxium.com) announces the recent addition of Digital Rain Incorporated's properties and technology to its business portfolio of services. The addition of DRI (www.digitalrain.com) its founder and some key personnel complements Dymaxium's strategy to expand and evolve into a full software and services solutions company.
Dymaxium specializes in providing key problem-solving software for the pharmaceutical industry. Given DRI's strong Canadian presence within the industry and its diversity within a broader business marketplace, the integration will ensure technological advantages for our clients. DRI is recognized as one of the top five companies of the Canadian interactive and multimedia industry. It was also described as "one of the leading internet companies" and the Toronto Star ranked it "one of the GTA's top six web design shops."
Dymaxium provides leading interactive software solutions for a client list that includes eight of the top 10 pharmaceutical companies worldwide. Dymaxium's growth strategy is on a global scale (95% of sales outside of Canada) covering clients in U.S., U.K., Europe and Japan.
"DRI strengthens our Canadian Pharma base, but more strategically allows us to leverage our existing knowledge, tools and technologies into other industries," said Dymaxium CEO Paul Pijuan. "The acquisition of Digital Rain and its eLearning tools will also fit nicely into our existing products, and the family of collaborative tools, offered by our sister company PharmaDesktop Inc. (www.pharmadesktop.com) We will integrate DRI's eLearning technology enhancing our existing PharmaUniversity product. DRI's founder, Ed Marks brings a tremendous wealth of experience and expertise to our senior management team, and a strong strategic vision of future market potential and key positioning objectives."
Dymaxium is ranked #69 by Profit Magazine (the Magazine for Canadian Entrepreneurs) as one of the Top 100 Fastest Growing Companies in Canada (Profit Magazine – June 2002). The award is based on the Dymaxium's 987% growth in revenue from 1996 to 2001. Dymaxium is familiar with industry recognition. Profit Magazine recognized Dymaxium as one of the 50 hottest startups (Profit Magazine, Sept. 2000). The award is based on Dymaxium's two-year 313% growth in revenue and an increase from five to 26 employees between 1997 and 1999.
About Dymaxium Inc. (www.dymaxium.com)
Dymaxium Inc. is a global leader in providing interactive business solutions to serve the needs of the pharmaceutical industry. Founded by Allen Lising and Paul Pijuan in February 1996, Dymaxium is experiencing rapid growth. Our vision is to provide both turn key and custom software solutions that enable managers in Marketing, Outcomes Research, Clinical and other functional areas of a pharmaceutical organization to successfully implement their key strategies and tactical programs. We implemented over 250 unique solutions in the last 6 years using leading edge technologies in CD-ROM, Web, Handheld Devices and Hybrid.
For more information, contact Paul Pijuan at
(416) 348-9339 ext. 300.
Dymaxium Inc.
179 John Street, Suite 500
Toronto, Ontario
M5T 1X4
P:(416) 348-9339
F:(416) 348-9551
|
|
